Cadillac Is About to Sell a $300,000 Car. But Can It Really Pull It Off?
Contemplating the Celestiq hyper-luxury electric sedan.Pebble Beach Car Week has come and gone. This year's festivities marked my 12th in a row, and the world's biggest automobile bash/gala/jubilee felt more lively and comprehensive than ever. I went as a guest of Cadillac, which was celebrating the brand's 120th birthday. Caddy showed off its Project GTP Hypercar, a stealth-fighter-esque concept that previews the upcoming third-generation prototype race car that will eventually contest the 2024 Le Mans 24 Hours. But the belle of Cadillac's current ball remains the Celestiq, the upcoming hand-built electric supersedan. How big a deal is this thing? GM CEO Mary Barra was at the Celestiq reveal party; I saw her with my own two eyes as I stuffed my maw with caviar-covered tater tots (fat and salt plus fat and salt is delicious—who knew?). Before the beef wellington and lobster were served, I got a long, hard look at the Celestiq and asked a whole mess of questions. Not to be one who bites the hand that feeds me foie gras, but I have some concerns.
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Can Cadillac Really Sell $300K Cars?
First, though, it's important to consider whether the Cadillac brand is strong enough to support a $300,000 car. My take: Absolutely, yes. Even more so than Maybach, I feel Cadillac could compete on equal footing with Bentley and Rolls-Royce should GM ever choose to fully embrace that route. Yes, the Celestiq is being built to go toe to toe against both British brands' upcoming EV entrants. And in more ways than either Bentley or Rolls will ever publicly admit, the Escalade is a true competitor to both the Bentayga and Cullinan. I'll always remember former head of Rolls-Royce design Giles Taylor telling me the Cullinan had to be made much larger after American Rolls-Royce owners were shown a proposal and said something to the effect of, "You call that an SUV? I have an Escalade at the ranch that's three times as big!"
Obviously, the Celestiq's success is not a fait accompli.Everything can still go wrong. But for whatever reason, and aside from all the "Standard of the World" sloganeering, Americans simply have a soft spot in our hearts for great Cadillacs. But the XT4? Uh, no. It's a bad little thing our Buyer's Guide has ranked fifteenth in its segment.Fifteenth! Cadillac needs to make sure this sort of product is dead and buried by the time the Celestiq (pronounced "sell-EHS-tick," not "sell-ess-TEEK") shows up in 2024. And, hey, as a sign of good faith to those you're asking to plonk down three big bills, why not kill the XT4 now? "But they sell," I can hear someone all the way in Michigan saying back to me. As Dan Ammann, GM's former CFO, said when Cadillac briefly moved to New York City, "It's easy to look out your window in Detroit and think Cadillac's a success." A rising tide lifts all ships, while anchors do the opposite. If Cadillac wants the Celestiq to succeed, it has shed the dead weight.
It Needs to Be Truly Special and Bespoke
I raised the following several times at the Celestiq party: "I've been to Crewe. I've met the woman who takes 13 hours to hand-stitch every single Bentley steering wheel. And if a Bentley owner hasn't also been to Crewe and met her, they've seen the video. I've also met the guy at Goodwood who hand-paints every single pinstripe on every single Rolls-Royce. Do you have them? Have you hired these people?" I was not thrilled with the answers. I heard that, no, there's no one in-house right now to do those things on the production vehicle, but members of the design team are capable. Narrator's voice:No one on the design team will be doing anything like that on production Celestiqs.I kept pressing and heard a worse answer: The plan is to let items like this be handled by suppliers. Who, Johnson Controls? That's simply not an acceptable answer.


