Mercury's best sales year to date was 1978. It really makes sense to axe 'em. From a nostalgia point of view it sucks, but Ford could use that money elsewhere.
news: Breaking: Ford considers end of Mercury brand

The Caddy thing is just a rumor I suppose. I can't find anything about it anywhere. Wouldn't make any sense for GM to cast off or sell Cadillac anyway. That brand is playing a big part in GM's successful turnaround.

Charles....I love that CTS-V wagon! If only I had the money for one (sigh)