Not slowing down
The ATS has been a hit with consumers but GM isn't stopping there. It's rolling out 10 new models by 2105 and continues to impress critics with most of the redesigns. At the 2013 Detroit Auto Show the ATS was named the "Car of the Year". Recently at the New York Auto show the CTS sedan garnered quite a bit of attention as well. These new models are incredibly important to the bottom line and GM intends to bring that cash home. CEO Dan Akerson set forth a goal to boost operating margins in North America up to 10% from 7.4% by mid-decade. That's great news for investors who have been quick to point out GM hasn't been as profitable as desired and is a step behind rival Ford in operating efficiency.
Not the same GM
I understand it takes time to reverse the impression consumers have from years of terrible GM vehicles. Things have changed, both Ford and GM are producing cars people actually want to buy. The quality has been ramped up as well. Consumer reports went as far to say that the Cadillac ATS was one of the best it had seen from GM.
The 2014 CTS is absolutely drop dead gorgeous. I'm excited they've decided to offer the twin turbo 3.6 in the XTS. Talk about the ultimate "sleeper". With AWD, of course. I suspect 0 to 60 times below 6 seconds and probably very close to 5.0 seconds.