Pontiac just revealed pricing today for the new rear-wheel-drive G8 sedan — built off of the same Holden platform as the upcoming Chevy Camaro. The G8 will start at $27,595 for the base model sedan and for the V8-engined G8 GT, the starting price will touch just shy of $30K at $29,995. Well, at least that means the up-powered G8 will sell for around the same price as the similarly equipped Hemi-powered Charger muscle sedan. Full release after the jump.

Pontiac Announces G8 Pricing

New RWD Performance Sedan to Start Under $28k

DETROIT - Pontiac today confirmed pricing for its new rear-wheel drive G8 performance sedan will start at $27,595 when it hits the streets in early 2008. The V-8 powered G8 GT will be available for $29,995.

"The G8 represents the next phase in Pontiac's commitment to bring seductively designed, high-performance vehicles to the showroom floor," said Craig Bierley, Pontiac marketing director. "Our dealers and customers have been anxiously waiting for this vehicle since we first showed it at the Chicago Auto Show in February, so we're really excited to get this car on the street early next year."

The G8 is powered by a 3.6-liter VVT V-6 engine and five-speed automatic transmission and comes equipped with a number of standard convenience and safety features, including StabiliTrak electronic stability control, six airbags and OnStar. The G8 GT ups the ante with a 6.0-liter V-8 mated to a six-speed automatic transmission and additional standard equipment.

Customers can get a closer look at the G8 at www.pontiac.com/g8.

Pontiac is a division of General Motors Corporation (NYSE: GM) and markets the Vibe, Solstice roadster, G5 sports coupe, Torrent compact utility vehicle and the G6 family of sedans, coupes and retractable hardtop convertibles. For the 2008 model year, Pontiac expands its GXP performance series with the introduction of the G6 GXP and Torrent GXP, and will launch the all-new rear-wheel drive G8 performance sedan in early 2008. Pontiac sold more than 410,000 vehicles in 2006, ranking third among GM divisions in total sales. More information on Pontiac and its products can be found on the division's website at www.pontiac.com, and in Spanish at www.pontiac.com/espanol .