Shanghai. March 19 (Gasgoo.com) - Shanghai General Motors will introduce four Cadillac CTS models to Chinese market via importation in efforts to gain a bigger share in China's booming luxury car market, the company announced yesterday.
Priced between RMB370,000 ($52,000) and RMB 550,000 ($77,640), the 2008 Cadillac CTS will come to China in four editions, including two 2.8L and two 3.6L models.
"China’s luxury vehicle market has experienced an annual growth of more than 50 percent since 2005, much faster than the industry average," Ding Lei, General Manager of Shanghai GM told Shanghai Securities News.
In 2007 Cadillac sales rose around 30 percent globally, while the growth in China is 150 percent from the previous year, making China the fastest growing market across the world.
Earlier this year GM unveiled the 2008 Cadillac CTS at the Detroit Auto Show. For the first time, the 2008 CTS will be available in both rear- and all-wheel-drive configurations. Additionally, the transmission lineup now consists only of six-speed units – an Aisin six-speed manual or – new for CTS – a Hydra-Matic 6L50 six-speed automatic.
The 3.6L High Feature (HF) V6 will feature direction injection and is good for over 300 HP on regular gasoline. It'll be backed by GM's new 6-speed automatic.
The 2.8L VVT engine will be available only on rear-drive export models of the CTS. The all-aluminum, 60-degree DOHC, four-valve-per-cylinder engine develops 210 horsepower (156 kW) at 6500 rpm and 194 lb.-ft. (263 Nm) of torque at 3200 rpm.

The official photo of 2008 Cadillac CTS