A GM press release confirmed a new Cadillac sedan will be coming soon, along with a couple other vehicles for the lux model range. Jump for more info. [Source: GM]

The new Caddy sedan will be called the ATX and fits below the CTS in the lineup. The General is planning for the ATX to become the sales volume leader for Cadillac. It’s a much needed small luxury sedan with performance that should compete with the BMW 3-Series, but with a cheaper price tag. Not too much information is available on the drivetrain just yet, but we know it’ll be rear-wheel drive with an all-wheel drive option. The ATX will be riding on a new platform from GM, which is expected to be used in a few other applications, including a new crossover that’ll be released as a Buick.

The sport wagon version of the CTS has also confirmed, with similar exterior dimensions and double the interior cargo space. Drivetrain choices for the new SRX crossover were also confirmed. Buyers can choose between a 3.0 liter direct injection V6 engine or a 2.8 liter turbocharged V6. No power figures were cited, but high fuel economy and low emissions were promised.