Cadillac chief engineer Dave Leone has suggested the brand is working on a convertible.

Cadillac chief engineer Dave Leone has suggested the brand is working on a convertible.

Leone declined to go into specifics but Automobile Magazine is reporting it could be either an XLR successor or an ATS Convertible. The latter model seems more likely as officials have previously said they are considering both an ATS Convertible and an ATS Wagon.

Leone also said the company's upcoming flagship will be one on the lightest cars in its class thanks to aluminum, high-strength steel and magnesium. He also confirmed plans for a V8 variant but declined to mention specifications or its displacement.

In related news, Leone downplayed the possibility of a production version of the Elmiraj concept. He also suggested we can expect more hybrids but the future of the ELR remains in doubt as Cadillac isn't involved in the development of the next-generation Chevrolet Volt. This suggests the slow selling coupe won't be around for too much longer.

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