Just to throw in my tuppence worth - I've been getting the same issue: temp gauge drops as soon as I'm going down hill. LEE69 on here told me it was probably the thermostat which seems to be confirmed here (especially as I spent £27 on a genuine CTS to replace what was probably a perfectly good one

)
In my old LC it caused the engine to run rich and numerous engine management lights but none so far this time (been 2-3 months without any drop in mpg or performance) so I haven't been too fussed about sorting it). Slightly concerning that it may result in coolant going round the radiator constantly - is it something that I really should get fixed? It's going in for an MOT tomorrow so might ask them to have a look