Not that you were planning to buy a Cadillac anytime soon -- that's probably part of the problem -- but it appears the car marque that at one time meant luxury will be leaving Racine. Out of reach geographically, as well as price-wise, as it were.
The Business Journal of Milwaukee reports this morning that General Motors is dropping the franchises of 70 percent of its Cadillac dealerships: "...And Southeast Wisconsin is no exception, leaving only two area dealerships confirmed as continuing beyond 2010 — Metropolitan in West Allis and Crest in Brookfield."
We tried to confirm this, but the word from the headquarters of Frank Boucher Chevy Cadillac Saab, our Caddy dealership at 8600 Washington Ave., is that "we typically do not comment on matters like this."
BizJournal's story said GM is slimming down from 1,400 Cadillac dealerships nationwide to 400. Dealers that are losing the franchise have until October 2010 to close, but will not receive any new Cadillacs to sell between now and then.
Frank Boucher's local website lists just five new Caddy's for sale right now, ranging from a white 2007 for $38,499 (list: $49,975) to a 2009 STS V6 with Luxury Package and All-Wheel Drive, "internet-priced" at just $49,964 (sticker: $56,910).