Cadillac was formed from the remnants of the Henry Ford Co when Henry Ford departed along with several of his key partners and the company was dissolved. With the intent of liquidating the firm's assets, Ford's financial backers, called in engineer Henry Leland to appraise the plant and equipment prior to selling them. Instead, Leland persuaded them to continue the automobile business using Leland's proven 1-cylinder engine. Henry Ford's departure required a new name, and the company reformed as the Cadillac Automobile Company.

The Cadillac automobile was named after the 17th century French explorer Antoine Laumet de La Mothe, sieur de Cadillac, founder of Detroit in 1701.

Cadillac helped to define advanced engineering, luxury and style early in Automotive History and would come to be known as one of the world's finest made vehicles. Precision manufacturing of truly interchangeable parts was an award-winning industry first in 1908. Cadillac was the first manufacturer to release cars with a fully enclosed cab as factory equipment in 1910. Standard electric engine starting and lighting was another award winner for 1912. Cadillac introduced the first production V8 engine for the 1914 model year. Cadillac was the first manufacturer to utilize the skills of a designer to produce a car's body instead of an engineer (1927). This gave the public a car that looked as good as it performed. Cadillac's engineers were first to design a manual transmission with synchronizers for increased drivability (1929) and were instrumental in the early development of the automatic transmission, beginning in 1932. Cadillac offered a production V16 engine from 1930 through 1940 and introduced the production independent wishbone front suspension in 1934. The marque introduced tailfins for 1948. From the late 1960s onward, Cadillac offered a fiber-optic indication system which alerted the driver of a failed light bulb.

This exceptionally rare car is one of just 400 or so examples produced in this the final year for the Convertible Sedan Body Style. Nicely equipped with Radio, Heater, Fog Lights, Clock and a Full Leather Interior, this car is finished in a very desirable and rare color combination. The car runs and drives very very well with no known issues or problems- it starts right up, Runs Smooth, Shifts well and Stops well. The car has been carefully maintained and toured on Sunny Summer days. The Paint is near flawless with some minor crazing on the passenger side doors (pictured) visible only upon close inspection. The Chrome is sparkling and clear, the Interior is soft and supple with no wear noted, and the top is without fault. This is one attractive car ready for long distance touring, and certainly a welcome participant in any show of important automobiles.