Cadillac is hoping to shed its image as a developer of luxury barges by rejuvenating its lineup with the addition of a new entry-level small sporty sedan. The new model, which will be sold in both North America and Europe, will be based on GM’s mid-sized RWD Alpha platform and should arrive on the market by 2011.

The all-new CTS sedan will also be expanded into a full-line range including new wagon and coupe variants, while the STS and DTS models will be dropped in favor of a new high-performance RWD sedan, reports Automotive News.

Current plans to re-engineer and restyle the SRX SUV have been shelved due to slow sales. Instead, expect to see it replaced by a small five-passenger crossover in 2009 called the BRX. Meanwhile, both the XLR roadster and Escalade SUV are expected to be facelifted in 2009, ahead of replacement models due in 2012.

Development work for a V12 powered flagship sedan is also reported to be in progress with production of the new BMW 7-series rival scheduled to start in April of 2010.