
Cadillac introduced the XLR at the 2003 Detroit Motor Show, and it entered production in the 2004 model year. Prior to production the XLR appeared as the Evoq in auto shows. It has a base price of $76,650 USD. Sales have been below expectations. Rather than reaching 6,000 per year, Cadillac had sold just 4,745 in 18 months as of March 2005. According to Cadillac, 3,730 were sold in the United States in all of 2005.
Designed for both performance and luxury, the XLR comes with heated and cooled leather seats, wood interior trim, 18 inch alloy wheels, and side airbags. Navigation, audio, and DVD are all displayed via a 7-inch dashboard screen, and Remote Keyless Access is included. All of these features are standard.
The XLR is the second roadster offered by Cadillac in recent years. The first was the Cadillac Allanté, produced from 1987 to 1993.
The XLR was nominated for the North American Car of the Year award for 2004.
Competitors include the Mercedes-Benz SL-Class, Lexus SC, BMW 6 Series, Jaguar XK and Maserati Spyder.
The XLR-V uses the same supercharged Northstar V8 as the STS-V, though output is down somewhat. For the XLR-V, the engine is certified by the SAE to produce 443 hp (330 kW) and 414 ft·lbf (561 N·m). The supercharger and four intercoolers are built into the intake manifold. A six-speed automatic transmission, larger brakes from the Z51 Corvette, and 19-inch wheels will also be used.
The XLR-V can accelerate to 60 mph in 4.7 seconds according to Car and Driver's tests. The magazine also timed it at 11.3 seconds to 100 mph and recorded a 13.0 second quarter mile at 110 mph (177 km/h). Its top speed is limited to 155 mph (249 km/h)
The XLR-V was introduced in the United States in early 2006.
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