"We don't have it nailed down at the moment," Caldwell said when asked about the timing of the launch of the CTS coupe. "But it will be 2010. It sparked a lot of interest. We are going to launch this car."
He added: "If it comes out next year, it would be an '11 model."
Last July, Cadillac said it would launch production of three new models in 2009 — the CTS coupe, the CTS sport wagon and the redesigned SRX crossover. The production version of the CTS coupe had been expected to make its public debut in January at the 2009 Detroit Auto Show; the CTS coupe concept was shown at the 2008 Detroit Auto Show.
Caldwell confirmed that the Cadillac CTS wagon — the automaker's first wagon in the U.S. market — will launch in May, with pricing to be announced in late April. He said the CTS wagon price will be "close to the sedan, but just a little higher." The 2009 Cadillac CTS sedan starts at $37,040, including a $775 destination charge.
He said the redesigned Cadillac SRX will be launched in "June or July." Regarding pricing on the SRX, Caldwell said, "It will be very similar to today's [SRX], maybe less." The 2009 SRX starts at $40,835, including a $775 destination charge. The new SRX is considerably smaller than the current SRX, which shares its underpinnings with the CTS and STS.
Inside Line says: Cadillac's hopes for a revival of the brand in the U.S. — and overseas — continue to be scaled back because of the tough economic climate. — Anita Lienert, Correspondent
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