Third generation (1948–1953)
For 1948, the Series 62 was moved to the same 126 in (3,200 mm) chassis as the Series 61, making the vehicles virtually identical. The main difference, apart from extra chrome, was the availability of a convertible model. Distinguishing features included grooved bright metal front fender gravel guards, rocker panel brightwork, chevron style chrome shlashes below taillights and slightly richer interior trim. Also in 1948 the first tail fins were added. Sales fell to 34,213, nevertheless accounting for a record 68% of all Cadillacs sold.
The new Cadillac OHV V8 was the big news for 1949, with minor trim differences otherwise. This 331 cu in (5.4 L) engine produced 160 hp (119 kW).The major difference between Series 61 and Series 62 models of similar body style was minor trim variations. The higher-priced series again had grooved, front fender stone shields and bright rocker panel moldings. Chevrons below the taillights were no longer seen. The convertible was an exclusive offering. A heater was optional. Sales reached a record 55,643.
The Cadillac Series 62 Coupe de Ville was introduced late in the 1949 model year.Along with the Buick Roadmaster Riviera, and the Oldsmobile 98 Holiday, it was among the first pillarless hardtop coupes ever produced. At $3,496 it was only a dollar less than the Series 62 convertible, and like the convertible, it came with power windows standard. It was luxuriously trimmed, with leather upholstery and chrome ‘bows’ in the headliner to simulate the ribs of a convertible top.
For 1950, major styling changes were performed. The cars were lower and sleeker, with longer hoods, and one-piece windshields were fitted. Hydramatic transmission was now standard. The Series 61 was again a short wheelbase model, having been reduced to 122 in (3099 mm). Sales set yet another record at 59,818.
Full-length chrome rocker panels set off the 1951 model, and the Coupe de Ville was now marked with noticeably-improved trim, including Coupe de Ville script on the rear roof pillar. Sales were 81,844, or a record of over 74% of all Cadillacs sold. Popular Mechanicsreported about 12-MPG at 45 mph.
In 1952, to commemorate the 50th anniversary of Cadillac, the V-shaped hood and deck emblems were done as gold castings. The Series 62 sedan was also characterized by a higher rear deck lid contour. This provided additional luggage space. Back up lights were now standard equipment and were incorporated in the taillights. The grille wraparound panels were redesigned once again having broad chrome trim below each headlight with side scoop styling and gold-colored winged emblem mounted in the center. At the rear all Cadillacs adopted a through the bumper dual exhaust system. Deck ornamentation took the form of a Cadillac crest over abroad golden “V”. New standard features included self-winding clocks, improved direction signal indicators, glare proof mirrors, stannate treated pistons, and four barrel carburetion. Engine output for the 331 was up to 190 hp (142 kW). Sales fell to 70,255, but with the Series 61 out of the way, Series 62 sales accounted for a record 78% of all Cadillacs.
The 1953 Series 62 saw a redesigned grille with heavier integral bumper and bumper guards, the repositioning of parking lamps directly under the headlights, chrome “eybrow” type headlamp doors, and one piece rear windows without division bars. Wheel discs were fashioned in an attractive new disced design. Series 62 bodystyles were identified by non louvered rear fenders, the use of thin bright metal underscores on the bottom rear of the cars only and the decoration of both hood and deck lid with Cadillac crests and V- shaped ornaments. The Club Coupe model disappeared. Two door Series 62 were now all hardtops (including the better equipped Coupe de Ville) or convertibles. Another familiar name appeared on 1953’s Series 62. The top of the line subseries Eldorado was one of three specialty convertibles produced in 1953 by General Motors, the other two being the Oldsmobile 98 Fiesta and the Buick Roadmaster Skylark. The Eldorado was a limited-edition luxury convertible, and would eventually become its own series. It featured a full assortment of deluxe accessories, including wire wheels, and introduced the wraparound windshield to Cadillac standard production. Sales set a new record at 85,446.