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Sport wagons got popular in Europe lately and Cadillac decided to expand its sales there by creating CTS Sport Wagon. Three main German brands are offering their wagon versions of the sedans, but Cadillac is planning to become a really equal competitor to them.
The American car manufacturer is planning to assemble and start selling CTS Sport Wagon in the North America by the middle of 2009. It will have a 3.6-liter engine with the choice of a rear- or all-wheel drive system, which is the same as in CTS sedan.
There will also be an advanced level offered. 2009 CTS-V sedan has supercharged V8 which provides 556 horsepower, an upgraded driveline, suspension and body pieces. These all can easily go to the CTS-V Sport Wagon. In addition it will have rear-wheel drive, 19-inch wheels and a remodeled front style.
Don’t expect this vehicle to be cheap. Cadillac plans to sell its CTS-V sedan for $60,000 and the Sport Wagon version will be even higher.
Although the launch of the Cadillac CTS production in Australia was highly expected, General Motors announced about the indefinite delay due to many serious reasons.
BMW has officially announced that it is going to make new series of small, front and four-wheel drive vehicles on a new platform. These autos are going to share it with the next generation of Mini models. At this time the company is “exploring the possibility of developing a joint venture for the front- and four-wheel-drive systems of these cars”.
Since there have been a lot of talks and unpleasant issues after the major Toyota recall, National Highway Traffic Safety Administration has decided to set new auto safety rules which would not allow the same problem to happen again. At the congressional hearing two days ago, the new administrator, David Strickland, has announced them.
Daimler AG has announced that is sold 5.34% of the stake in Tata Motors. The German company has raised more than $400 million for the shares it did not want to hold any more.
BYD is the Chinese battery and EV specialist which has recently decided to form a joint venture with the German Daimler AG. Although the companies are going to work together on many projects, Chinese media has announced that BYD is not planning to share its core technology on lithium-ion batteries and EV systems with the partner.