Lutz: Cadillac CTS-V Sport Wagon a go

The terms "˜wagon' and "˜performance' haven't been used to describe many American vehicles over the years - save for the short-lived Dodge Magnum - but General Motors will breathe new life into the sporty wagon segment with a V-performance version of its Cadillac CTS Sport Wagon.

We've heard rumors of a Cadillac CTS-V Sport Wagon for several months now, but nothing more concrete than reports from supposed inside sources. However, the final verdict appears to be in as we now have confirmation from GM marketing head Bob Lutz.

In a recent interview with Car and Driver, Lutz officially confirmed the existence of a CTS-V wagon program. When asked if a V-version of Caddy's sporty wagon was in the works, Lutz replied: "Yes. You'll be able to get the CTS-V any way you want." The CTS-V wagon will be the third model in the CTS-V series, following the CTS-V sedan and forthcoming CTS-V coupe.

While a timeframe for the CTS-V wagon remains unclear, one thing is for certain - the performance wagon will share the sedan's 556 horsepower supercharged V8 engine. With enough power on tap to rocket the grocery-getter from 0-60 in about 4 seconds, we suspect the CTS-V Sport Wagon will give the Audi RS6 Avant all it can handle.