For the cake: Heat oven to 350 degrees F. Grease and flour 12-cup Bundt pan.
Beat sugar, oil, eggs and vanilla in large bowl with electric mixer on medium speed until light and fluffy. Stir in flour, salt and baking soda until smooth. Stir in apples, cranberries and nuts. Pour batter into pan.
Bake 1 hour to 1 hour 20 minutes or until toothpick inserted in center comes out clean. Cool 20 minutes and then remove from pan. Cool on a wire rack. Spoon Caramel Glaze over warm cake. Serve warm or cool. Cake serves 16.
For the caramel glaze: Heat all ingredients to boiling in 2 quart sauce pan, stirring occasionally. Boil 2 minutes, stirring constantly. Remove from heat and use immediately.