The ATS-V appears to offer choice of Coupe or Sedan, colors, and wheels.  So no additional premium to get it to “Premium” as in the CTS VSport, which is good news.  Also appears to make the ATS-V at $61,460 a sweet bargain compared to the CTS VSport Premium at $70,335.

DETROIT – Cadillac dealers have begun accepting orders for the 2016 ATS-V – the brand’s inaugural luxury compact performance car starting production this spring.

Available in sedan and coupe forms, the twin-turbocharged ATS-V offers a dual-purpose luxury performance experience: a car with true track capability straight from the factory with sophisticated road manners.

Powered by the segment’s highest-output six-cylinder engine – the Cadillac Twin Turbo rated at 455 horsepower (339 kW) and 445 lb-ft of torque (603 Nm) – the ATS-V achieves 0-60 performance in 3.9 seconds and a top speed of 189 mph. The Cadillac Twin Turbo engine is backed by a six-speed manual – with Active Rev Match, no-lift shifting and launch control – or a paddle-shift eight-speed automatic transmission featuring launch control and Performance Algorithm Shift.

“The V-Series is the ultimate expression of Cadillac’s re-ignited product substance and the passion at the core of our brand,” said Johan de Nysschen, Cadillac president.

“The ATS-V expands the V-Series lineup, bringing a new kind of performance character to Cadillac. Lightweight, agile and potent, the ATS-V will make an ideal pairing with the larger and even more powerful all-new 2016 CTS-V midsize sedan, which arrives later this summer,” he said.

In the U.S., the 2016 ATS-V sedan carries a starting price of $61,460 and the ATS-V coupe is priced from $63,660. Consumers can order ATS-Vs now through dealers and begin specifying their own ATS-V online at www.cadillac.com in April.