According to General Motors' vice chairman, Bob Lutz, Cadillac is considering plans to build a $100,000 luxury car, which it needs to be taken seriously as a competitor with BMW and Mercedes on the world stage. While, Lutz says, the company will probably not build the V16 concept (pictured), the company is working on a 12-cylinder engine that would likely power a super-high-end luxury car. We still think Cadillac should introduce something that looks more like this.

Lutz's $100K Cadillac creeps toward reality, says GM actively pursuing ultraluxury sedan [AutoWeek]

Related:
Cadillac STS-V: Closer Still to the Autobahn [internal]

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