The CTS Sports Wagon was previously priced at $40,485. Now, it’s down to $39,150, with a price cut amounting to $1300. Cadillac spokesman David Caldwell told Motor Trend that the “move is really just about making some adjustments to our marketing approach - to strengthen our position with CTS in its competitive class.”

Other reports say that the price cut has been done because of a conflict between the CTS wagon and Cadillac’s very own SRX crossover SUV, which starts at $34,155. According to John Howell of Cadillac, “People would come in, see the price of the SRX and lose interest in the wagon.” [source: usatoday]

The said move is expected to make the CTS more competitive. Read the complete report at Motor Trend.