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Cadillac has announced pricing for its new CTS saloon, which goes on sale in the UK in September. The rear-drive CTS will only be available with one trim level – ‘Sport Luxury’ – which is offered with a choice of either a 2.8-litre or 3.6-litre petrol V6.

The entry level, 208bhp 2.8 V6 starts at £26,995, with the 307bhp 3.6 V6 priced at £32,995. A diesel engine won’t find its way into the new Caddy saloon until the 2.9-litre V6 oil-burner becomes available in 2009.

Cadillac is majoring on value and style with the new CTS. The entry version costs nearly £2000 less than a base BMW 5-Series and boasts standard leather, electrically adjustable seats, climate control, automatic wipers and rear parking sensors.

But UK buyers looking forwards to the 555bhp 6.2-litre CTS-V are out of luck: Caddy has confirmed its M5 rival will be staying in the US, along with the new CTS wagon. GM doesn’t think that either would be viable in the European market.

The new Caddy CTS saloon will make its public debut at the British motor show later this month.

>> See more pics of the Cadillac CTS and CTS-V

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