GM to splurge with $12 billion to add new Cadillac models – Newsday

GM to splurge with $12 billion to add new Cadillac models
Newsday
General Motors Co., working to revive its slumping Cadillac luxury brand, plans to spend $12 billion to develop eight new models by 2020 and two more in the next decade, the brand’s chief said. Cadillac will focus on the so-called crossover sport utility …
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