Cadillac announced today that pricing for the all-new 2011 CTS Coupe will begin at $38,990 including destination charge. The CTS Coupe goes on sale in early August in the United States.

CTS Coupe will become the centerpiece of Cadillac, offering technology and performance in the dynamic form of a luxury sports coupe. Available in rear-wheel and all-wheel drive, CTS Coupe comes standard with a 3.6L Direct Injection V6 engine that delivers 304 horsepower. This engine is available with a six-speed automatic or six-speed manual transmission.

The ultimate expression of Cadillac’s new Coupe, the high-performance V-Series edition with 556 horsepower, Brembo brakes and Magnetic Ride Control also goes on sale later this summer at $62,990 including destination charge.

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Jalopnik has gotten the chance to take the 2011 CTS-V Coupe for a ride. Read their full review here.

The Cadillac CTS-V has been named the 2010 Car of Texas by the Texas Auto Writers Association after topping the competition this week at the group’s Spring Challenge.

The event pitted the newest models in the U.S. market against each other in a series of test drives at Texas Motor Speedway. About 40 auto writers participated in this year’s event and voted on their favorite cars in a variety of categories.

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