If Cadillac wants a new sports car then it'll have to build something from scratch.
Anyone remember the Cadillac XLR? It was basically a rebadged and somewhat refined C6 Corvette that Cadillac sold from 2004 until 2009. Probably the nicest thing about it was the fact that it had a folding hardtop and a Northstar V8. The idea at the time from the GM guys, was to build a luxury roadster that could compete with the likes of the Jaguar XK and Mercedes-Benz SL. It was a decent try, but the XLR still wasn't anything special.
Now that the new C7 Corvette Stingray is here, some have been wondering whether Cadillac will one day get another rebadged version of its own. We doubt anyone will be disappointed to learn that it won't be happening. The C7's chief engineer, Tadge Juechter, just told Fox News that the automaker had "no intent" on turning the Corvette into a Caddy again. The reason, more or less being, is that the C7 was designed specifically for those looking for supercar performance – not a GT-like cruiser. Could there still be a new XLR at some point down the road? Anything is possible, but it definitely won't be Corvette-based.