GM - General Motors Company

10/14/2024 | Press release | Distributed by Public on 10/14/2024 09:01

First retail production 2025 Cadillac ESCALADE IQ EV raises $550,000 for Detroit Children’s Fund

First retail production 2025 Cadillac ESCALADE IQ EV raises $550,000 for Detroit Children's Fund

2024-10-14


Back

Detroit Children's Fund, a nonprofit organization dedicated to ensuring Detroit children obtain a quality education, will receive $550,000 from the auction of the first retail production all-electric 2025 Cadillac ESCALADE IQ, VIN 001.

The nonprofit will receive the full amount raised for the Cadillac ESCALADE IQ at the Barrett-Jackson Scottsdale auction held Oct. 12, 2024. Barrett-Jackson waived the fees and commissions associated with their collector vehicle auctions.

"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," said General Motors President Mark Reuss. "We are grateful to Barrett-Jackson for the support in the sale of this historic vehicle to help a great cause."

DCF helps to improve public education in Detroit by working with proven school leaders to bridge the funding gap and address the unique needs of individual schools and, most importantly, their students. The funds from the sale of the ESCALADE IQ will benefit thousands of students that attend DCF supported schools.

Unable to load the picture

The 2025 Cadillac ESCALADE IQ at the Barrett-Jackson Scottsdale auction on Oct. 12, 2024.


"We are grateful to General Motors, Cadillac and the winning bidder for their support of our mission," said Nick Karmanos, CEO of Detroit Children's Fund. "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."

Escalade has been the best-selling luxury full-size SUV in North America since 2014, and the all-electric ESCALADE IQ continues to raise the standard. It delivers 460 miles1 of range (Cadillac estimate) and features standard Super Cruise2 hands-free driver assistance technology with three years of the OnStar Super Cruise plan3.

Inside the ESCALADE IQ is a curved 55-inch total diagonal pillar-to-pillar display, along with an available 40-speaker AKG Studio Reference audio system when equipped with the available executive second-row seating package.

Along with the ESCALADE IQ, Cadillac's EV portfolio features the most dedicated luxury SUV platforms, including LYRIQ and OPTIQ, and the CELESTIQ luxury sedan. For more information, visit cadillac.com.

General Motors (NYSE:GM) is driving the future of transportation, leveraging advanced technology to build safer, smarter, and lower emission cars, trucks, and SUVs. GM's Buick, Cadillac, Chevrolet, and GMC brands offer a broad portfolio of innovative gasoline-powered vehicles and the industry's widest range of EVs, as we move to an all-electric future. Learn more at GM.com.

1On a full charge based on development testing and/or analytical projection consistent with SAE J1634 revision 2017 - MCT. EPA estimate not yet available. Range subject to change prior to production. Actual range may vary based on several factors, including ambient temperature, terrain, battery age and condition, loading, and how you use and maintain your vehicle.

2Always pay attention while driving and when using Super Cruise. Do not use a hand-held device. Requires active Super Cruise plan or trial. Terms apply. Visit cadillac.com/supercruise for compatible roads and full details.

3After initial 3-year period, Onstar Super Cruise plan must be purchased. Services vary by vehicle and model and require an active service plan, working electrical system, cell reception and GPS signal. Does not include safety services; Super Cruise vehicles are connected to emergency services. See onstar.com for details and limitations.

Detroit Children's Fund, a nonprofit organization dedicated to ensuring Detroit children obtain a quality education, will receive $550,000 from the auction of the first retail production all-electric 2025 Cadillac ESCALADE IQ, VIN 001.

The nonprofit will receive the full amount raised for the Cadillac ESCALADE IQ at the Barrett-Jackson Scottsdale auction held Oct. 12, 2024. Barrett-Jackson waived the fees and commissions associated with their collector vehicle auctions.

"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," said General Motors President Mark Reuss. "We are grateful to Barrett-Jackson for the support in the sale of this historic vehicle to help a great cause."

DCF helps to improve public education in Detroit by working with proven school leaders to bridge the funding gap and address the unique needs of individual schools and, most importantly, their students. The funds from the sale of the ESCALADE IQ will benefit thousands of students that attend DCF supported schools.

The 2025 Cadillac ESCALADE IQ at the Barrett-Jackson Scottsdale auction on Oct. 12, 2024.

"We are grateful to General Motors, Cadillac, and the winning bidder for their support of our mission," said Nick Karmanos, CEO of Detroit Children's Fund. "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."

Escalade has been the best-selling luxury full-size SUV in North America since 2014, and the all-electric ESCALADE IQ continues to raise the standard. It delivers 460 miles1 of range (Cadillac estimate) and features standard Super Cruise2 hands-free driver assistance technology with three years of the OnStar Super Cruise plan3

Inside the ESCALADE IQ is a curved 55-inch total diagonal pillar-to-pillar display, along with an available 40-speaker AKG Studio Reference audio system when equipped with the available executive second-row seating package.

Along with the ESCALADE IQ, Cadillac's EV portfolio features the most dedicated luxury SUV platforms, including LYRIQ and OPTIQ, and the CELESTIQ luxury sedan. For more information, visit cadillac.com.

General Motors (NYSE:GM) is driving the future of transportation, leveraging advanced technology to build safer, smarter, and lower emission cars, trucks, and SUVs. GM's Buick, Cadillac, Chevrolet, and GMC brands offer a broad portfolio of innovative gasoline-powered vehicles and the industry's widest range of EVs, as we move to an all-electric future. Learn more at GM.com.

1On a full charge based on development testing and/or analytical projection consistent with SAE J1634 revision 2017 - MCT. EPA estimate not yet available. Range subject to change prior to production. Actual range may vary based on several factors, including ambient temperature, terrain, battery age and condition, loading, and how you use and maintain your vehicle.
2Always pay attention while driving and when using Super Cruise. Do not use a hand-held device. Requires active Super Cruise plan or trial. Terms apply. Visit cadillac.com/supercruise for compatible roads and full details.
3After initial 3-year period, Onstar Super Cruise plan must be purchased. Services vary by vehicle and model and require an active service plan, working electrical system, cell reception and GPS signal. Does not include safety services; Super Cruise vehicles are connected to emergency services. See onstar.com for details and limitations.