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First Retail Production 2025 Cadillac ESCALADE IQ EV Auction Raises $550,000 For Detroit Children’s Fund
The Detroit Children’s Fund, a nonprofit focused on providing quality education for Detroit's youth, is set to receive $550,000. This amount comes from the auction of the first retail production all-electric 2025 Cadillac ESCALADE IQ, VIN 001. The auction took place at Barrett-Jackson Scottsdale on October 12, 2024, with Barrett-Jackson waiving all associated fees and commissions.
General Motors President Mark Reuss expressed excitement about the auction's outcome. "The education of its children is paramount to the stability and long-term health of any city, and we’re thrilled that the sale of the first ESCALADE IQ will benefit the work the Detroit Children’s Fund is doing in our hometown," he stated. He also thanked Barrett-Jackson for their role in supporting this charitable cause.
The funds raised will significantly impact students attending schools supported by DCF. The organization collaborates with proven school leaders to bridge funding gaps and address specific needs within schools. This effort aims to enhance public education in Detroit by focusing on individual student requirements.
Nick Karmanos, CEO of Detroit Children’s Fund, expressed gratitude towards General Motors, Cadillac, and the winning bidder. "Thanks to this incredible donation, more students will have access to the quality education they deserve. This is life-changing support that will benefit so many of Detroit’s children," he remarked.
The ESCALADE IQ stands out as a luxury full-size SUV with impressive features. It offers an estimated range of 460 miles on a full charge and includes standard Super Cruise hands-free driver assistance technology with three years of OnStar Super Cruise plan.
Cadillac's Electric Vehicle Lineup
Inside the ESCALADE IQ, there's a curved 55-inch diagonal display spanning pillar-to-pillar. An available executive second-row seating package can include a 40-speaker AKG Studio Reference audio system. Cadillac's EV lineup also features other luxury models like LYRIQ and OPTIQ SUVs and the CELESTIQ sedan.
General Motors is committed to advancing transportation technology for safer and smarter vehicles with lower emissions. Their brands—Buick, Cadillac, Chevrolet, and GMC—offer a wide range of innovative gasoline-powered vehicles alongside an extensive selection of electric vehicles as they transition towards an all-electric future.
This initiative highlights GM's dedication to supporting educational causes while showcasing their cutting-edge automotive technology through vehicles like the ESCALADE IQ.
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