Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

General Motors Company (GM), Ford Motor Company (F): Is This the 2016 Cadillac Eldorado?


The Cadillac Elmiraj concept car, a big two-door luxury coupe powered by a twin-turbo V8, was unveiled by GM in Monterey, California last week. Photo credit: General Motors.

Will this big luxury coupe become the 2016 Cadillac Eldorado?

The short answer is probably “not exactly” – but it could be closer than you think.

It’s a concept car called the Cadillac Elmiraj, and it was unveiled by General Motors Company (NYSE:GM) last week as part of an unfolding, multiyear plan to turn Cadillac into a serious global luxury contender.

But even though General Motors Company (NYSE:GM) was pretty clear that the Elmiraj won’t go into production as-is, it’s worth a much closer look if you’re interested in Cadillac – or in the future prospects for General Motors Company (NYSE:GM)’s stock.

These Cadillac concept cars aren’t just flights of fancy
To understand how the Elmiraj fits into the Cadillac turnaround story, we need to go back a couple of years to another Cadillac concept car, the Ciel.


The Cadillac Ciel concept car was first shown in Monterey two years ago. The new Elmiraj carries many of the same styling themes. Photo credit: General Motors.

I called the Ciel a “shocking statement” at the time, and I still think it was – and is. Up to that point, GM CEO Dan Akerson and other senior General Motors Company (NYSE:GM) executives had talked about their ambitious plans to remake Cadillac, but we hadn’t seen anything that showed us where they were really aiming to take the brand.

And while the Ciel wasn’t intended to become a production car, it showed that the plan was a good one. It was different from current production Cadillacs, but clearly evolved from them – and just as clearly, it was much more opulent and upscale. But it was still very much a Cadillac in a way that anyone familiar with today’s cars — or the Cadillacs of old — would instantly recognize.

And now we have the Elmiraj, which is also instantly recognizable as a Cadillac — and instantly recognizable as the Ciel’s sibling. I think that’s important. Here’s why.

Why the Elmiraj might actually be a future Eldorado
Concept cars are often just flights of fancy, a chance to try an idea or let a promising designer stretch his or her wings. From the moment I saw it, I thought that the Ciel was a lot more than that, and I’m even more convinced now that I’ve seen the Elmiraj.

From behind, the Elmiraj is instantly recognizable as a Cadillac. Photo credit: General Motors.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.