Would have battled the BMW 7 Series and Mercedes S Class

Cadillac President Johan de Nysschen has repeatedly said the company is developing a new flagship sedan so it's a tad surprising to learn that Autoline is reporting the CT8 has been cancelled.

Nothing is official as of yet but Autoline is suggesting the model was likely killed off due to consumer preferences for crossovers and SUVs.

If the report is true, it's a bit of a blow for de Nysschen who has previously said the model would be launched by 2020 and go head-to-head with the long-wheelbase versions of the Audi A8, BMW 7 Series, and Mercedes S Class.  Little else was known about the car but it was slated to ride on an extended version of the Omega platform and be powered by an all-new V8 engine that was exclusive to Cadillac.  It remains unclear if the engine is also getting the axe but de Nysschen has previously described it as "mega powerful" and "highly efficient."

The report also sheds some doubt on rumors that Cadillac is considering an ultra-luxury sedan to battle Bentley and Rolls-Royce.  The model is rumored to go on sale sometime around 2027 and cost approximately $300,000.

Source: Autoline via Road & Track