Cadillac Will Move Its Global Headquarters From Detroit to NYC

Wants to be 'at the epicenter of sophisticated living'

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In a move to bolster the Cadillac brand amid competition from European luxury rivals such as BMW, Jaguar and Mercedes, General Motors said it will open a new global headquarters in New York City in 2015.

"We are very proud of our Detroit roots and heritage, and the majority of the Cadillac workforce will remain in Michigan," said Johan de Nysschen, who was named Cadillac’s president last month. "But there is no city in the world where the inhabitants are more immersed in a premium lifestyle than in New York.

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