Cadillac Announces 2003 CTS Pricing.
DETROIT, Oct. 30 /PRNewswire/ --
General Motors' Cadillac division today announced introductory pricing for the Cadillac CTS, the all-new rear-wheel- drive luxury sport sedan. Vehicle sales begin January 2, 2002.
Jay Spenchian, Cadillac CTS brand manager, said that pricing will begin at $29,990 manufacturer's suggested retail price (MSRP), including destination charges. Vehicles sold with the most popular features will start at about $35,500 MSRP and a fully-loaded CTS will list for just $40,400 MSRP.
A 4-year, 50,000-mile bumper-to-bumper limited warranty is standard, as are the Cadillac 24-hour Roadside Assistance and Alternate Transportation programs.
"The Cadillac CTS is a compelling offering in its class," said Spenchian. "I think luxury customers shopping for a four-door sports sedan will take notice of our segment-competitive pricing combined with our standout styling and performance."
The CTS features an all-new chassis, a world-class manual or automatic transmission, and a 220-horsepower engine with 0-60 m.p.h. performance under seven seconds, based on preliminary testing.
According to Spenchian, Cadillac was so confident in the performance and quality of the CTS that the team was the first to develop and test an American car at the Nuerburgring in Germany. European luxury vehicle manufacturers for years have tested cars at this famous racetrack. Nuerburgring is over 12 miles long and features 177 turns that subject vehicles to demands several times greater than experienced under normal driving conditions.
CTS' long list of standard equipment will garner attention in the marketplace. In addition to the 3.2-liter DOHC V6 making 220 hp and 218 lb-ft of torque mated to the Getrag manual five-speed, standard equipment includes:
* Six air bags, including dual front, side and front-to-rear curtain air
* Ultra-high strength steel safety cage body structure
* Power automatic programmable door locks with rear-door child safety
locks, lockout prevention, and illuminated entry system
* Power windows with front express-up and express-down
* Power trunk lid release and an emergency interior trunk release handle
* Leather seating with eight-way power adjustable driver's seat
* Leather-trimmed steering wheel with fingertip audio and climate
controls and programmable functions
* Auto-dimming interior rearview mirror and powered and heated outside
* AM/FM/Cassette/Single-slot CD player with RDS and seven speakers
* Twilight Sentinel automatic headlamps
* PassKey II theft deterrent system
* 16-inch cast aluminum wheels with all-season steel-belted radials
* Four-wheel vented disc brakes with ABS
* One-Year OnStar Safety & Security Plan
The CTS Luxury Package ($2,000 MSRP) includes an eight-way power adjustable passenger seat, audible theft deterrent system, Zebrano wood trim, memory settings package, rear-view mirror compass, three-channel programmable garage door opener with electronic voice recorder.
The Luxury Sport Package ($3,500 MSRP) includes all of those features plus the Stabilitrak 2.0 computer-control enhancement system, sport-tuned suspension, high-performance brake linings, load-leveling rear suspension, speed-sensitive power steering, and 17-inch polished wheels with V-rated tires.
Additional vehicle options include a five-speed electronic automatic transmission, a Bose premium sound system with cassette/six-disc CD changer and CD-ROM-based navigation, 16-inch machined bright finish wheels, engine block heater, heated front seats, express-open sunroof, xenon high-intensity discharge headlamps and a split-folding rear seat.
CTS will be sold in North America, Europe and Asia.