The all-new 2017 Cadillac XT5 is set to go on sale this April with a base price of $39,990. First of the division’s next-gen SUVs to carry the new “XT” designation,

this upscale replacement for the aging SRX midsize luxury crossover SUV is built in Spring Hill, Tennessee, at the renovated former Saturn assembly plant.

Also: Class of 2016 -- New Cars Ready to Roll

Cadillac says the new XT5 will be available four trim grades and the $39,990 base price is for for a front-drive model. Although a $1,390 bump from the current entry-level SRX, that puts it virtually even with the Mercedes-Benz GLE-Class and below key rivals like the Audi Q5, BMW X3, Lexus RX 350 and Infiniti QX70. Moving up the model hierarchy, the new XT5 also will be offered in Luxury and Premium Luxury trims with the choice of front- or all-wheel-drive and a range-topping, AWD-only Platinum beginning at $63,495.

Although a 4-cylinder turbo engine will be available in some markets, all Cadillac XT5s sold in the U.S. will be fitted with the same high-tech naturally aspirated 3.6-liter V6 used in Caddy’s ATS, CTS and new CT6 sedans. Featuring Active Fuel Management that lets it operate on only four cylinders under light load conditions as well as Start/Stop technology, it’s tuned to make 310 horsepower and 270 lb-ft of peak torque. It will be paired with a new 8-speed automatic transmission that features Electronic Precision Shift electronic control, the first time it has appeared on any Cadillac model.

Also: Kelley Blue Book Best Buy Awards of 2016

The XT5’s new “twin-clutch” all-wheel drive system boasts its own kind of techno magic. Capable of instantly transferring up to 100 percent of the available torque to either axle as traction conditions dictate, it works with an electronically controlled differential that can shuttle drive force between each rear wheel to best cope with asymmetric left/right grip situations. The setup also allows the driver to fully disconnect the rear drive when not needed to further improve fuel economy.

More Midsize Luxury SUVs...

Check out our Midsize Luxury SUV Buyer's Guide for a look at what’s new and what’s next.

Browse photography at Denver.Gallery.