Cadillac unveiling 550-horsepower CTS-V

New sports sedan designed to compete with BMW, Mercedes

	In addition to the performance upgrades, the CTS-V will compete with such elite vehicles as the BMW M-5 and the Mercedes-Benz E55 AMG and E63 AMG.
AP

Detroit auto show multimedia

	Take concept cars for a spin See 360 degree views of new concept cars and listen to executives talk about the models.
msnbc.com	High-def view of the Detroit auto show Experience high-def interactive pictures of international and domestic cars
EPA	Future shocks in Detroit Check out images of cool concepts and mechanical marvels

Latest auto videos

Schools hit by automaker’s decline
Nov. 29: Like the car that bears its name, the city of Pontiac, Mich., has been ravaged by the erosion of the auto industry. NBC’s Rehema Ellis tracks the ripple effects.

Holiday car deals

GM to build Buick Regal sedan in Canada

Toyota to replace gas pedals on 3.8 million cars

LIVE QUOTE

Quotes delayed 15+ min.

updated 11:14 a.m. ET Jan. 14, 2008

DETROIT - The new version of the Cadillac CTS-V is designed to go after the world's fastest and most elite sport sedans.

With a 550-horsepower supercharged 6.2-liter V-8 engine and magnetic-controlled shock absorbers, the new 2009 CTS-V ought to be able to keep up.

"The CTS-V represents the full extension of our design, technology and performance capabilities," said Cadillac General Manager Jim Taylor.

Story continues below ↓

advertisement | your ad here

In addition to the performance upgrades, the CTS-V, to be unveiled Monday at the North American International Auto Show in Detroit, also will have Recaro performance driving seats.

General Motors Corp. says the new car will compete with such elite vehicles as the BMW M5 and the Mercedes-Benz E55 AMG and E63 AMG.

Taylor said the car enthusiast is a critical market for Cadillac as it tries to attract new buyers to the CTS, which was redesigned for 2008.

"The audience for this car is a dream buyer," said Clay Dean, Cadillac's design director.

Pricing and fuel economy were not announced for the car, which should make its way to dealerships sometime this fall.

The 2007 CTS-V, the last year such a model was made, cost $52,170, and Cadillac spokesman David Caldwell said the new version would be a little more than that.

The new version will accelerate from zero to 60 mph in less than 5 seconds, Caldwell said.