FRANKFURT - General Motors will introduce a new prestige car in Europe in 2000 and its replacement, which is influenced by the Signum concept car, in about 2005.
The car will occupy a luxury market niche abandoned by the Opel/Vauxhall Senator in 1993.
The new car will share a platform with the GM Omega, which will get a facelift in 2000. A GM source said the prestige car may be offered with the US Corvette V-8 engine.
In 2002, production of the Omega-based Cadillac Catera moves from Ruesselsheim, Germany, to the USA. Production of the new prestige car may be in Europe, or it may be in the USA. At the same time, the Omega will become a front-drive car based on the Opel Vectra platform.
In about 2005, the prestige car and Catera are expected to switch to GM's global Sigma rear-drive platform.