Cadillac will provide the first public showing of its new CTS sedan at the Pebble Beach Concours d’Elegance on Aug. 18, 2001. This is the first vehicle built on GM’s new rear-drive Sigma platform. The car also incorporates a new 3.2L V-6 engine that develops 220 horsepower and will be mated to a choice of 5-speed manual or 5-speed automatic transmission. To prove its handling abilities, the chassis was tested at the Nurburgring raceway in Germany, where BMW and Mercedes-Benz also test their new models. The 5-speed automatic is a first for GM and is also used in the BMW 5-Series sedans and X5 SUVs. Styling of the CTS carries out the theme begun with the Evoq, with crisp edges and a shield-shaped grille. According to Cadillac General Manager Mark R. LaNeve, “CTS will turn heads in a segment that typically refines, rather than defines, automotive styling. It’s a classic Cadillac for the 21st century.” The car will be built in the Lansing Grand River assembly plant, a new $560 million facility which has been built to incorporate all the best manufacturing practices from around the world. According to LaNeve, “Lansing Grand River is a world-class facility, which will help us realize the vision of making CTS the world-class car it was designed to be.”

Originally posted on Fleet Financials