Cadillac's Elmiraj-inspired LTS sedan set for NY debut?

Source claims flagship sedan will be a \"true contender\" against S-Class, A8, 7-Series.

Cadillac's new flagship sedan, currently rumored to be named the LTS, is allegedly receiving final touches ahead of an unveiling at the New York auto show.

Spy images that surfaced early in the year appeared to show progress on the four-door model. It is said to be heavily inspired by the company's Elmiraj concept and based on the rear-wheel-drive Omega platform, likely with all-wheel-drive as an option.

As an apparent competitor to the Audi A8, BMW 7-Series and Mercedes-Benz S-Class, the LTS is reportedly viewed within Cadillac as a proper rival to the large German sedans, an unnamed insider told Autoblog.

The source dismisses the current XTS as falling short of being a "real" Cadillac, though he admits that the LTS faces tough competition against the redesigned S-Class.

A two-door coupe is believed to be under consideration as a follow-up to the four-door edition. Reports have not yet detailed engine options or other potential packages, such as a V-performance variant.