It is one of the most profitable cars in the entire GM model lineup and helped Cadillac in initial efforts to appeal to a younger market back in the late Nineties. The Cadillac Escalade has done much for the once floundering brand for both its reputation and profits. Currently in its third generation, which debuted in 2007, Cadillac has just announced the new Escalade will have its official premiere on October 7 in New York City. It won't go on sale until sometime in 2014 as a 2015 model.

There aren't that many details about it just yet, but we can confirm the new full-size luxury SUV will continue to be a proper SUV – not a crossover. It will be built on the same platform that also underpins the new Chevy Silverado and GMC Sierra. A new Chevy Tahoe and GMC Yukon and Suburban will come at a later date. Expect power to come from a 6.2-liter V8 that'll produce around 420 horsepower and 450 lb-ft of torque. Perhaps the most significant change, however, will be its interior, which in the past was criticized for not being up to par for a vehicle at its price point. The new interior will be a marked improvement. Pricing will again start at around $64,000.