General Motors announced yesterday that it will invest $190 million in its Lansing Grand River assembly plant for the production of a new Cadillac model that will fit below the CTS and will compete with the likes of the Mercedes-Benz C-Class and BMW 3-Series.
Known as the Cadillac ATS, the model is expected to debut in a sedan variant in the fall of 2012 as a 2013 model year. Sources say that the model will be powered by an all-new 4-cylinder engine while a 2.0L turbocharged 4-cylinder and a V6 will be optional.
GM doesn’t plan on stopping only with a sedan version of the ATS. According to insiders a coupe variant will debut 9 months after the sedan followed by a convertible version 9 months after the coupe. A V-Series is also in the works for the 2015 model year.
GM’s investment in Lansing is expected to create a total of 600 jobs as a result in the addition of a second shift to produce the ATS.
– By: Omar Rana