The first production version of the 2023 Cadillac Escalade V has been sold at the Barrett-Jackson Las Vegas Auction where it raised $500,000 for the Pensole Lewis College of Business & Design, Michigan’s only historically Black college and university and the nation’s first HBCU to reopen. To make it even better, an additional $25,000 was donated by a patron for a grand total of $525,000.
“Raising awareness for creative careers, from early education, to trades, to colleges and universities, is a key focus for General Motors’ Design team,” said Crystal Windham, GM executive director, Industrial Design. “In particular, initiatives like today’s sale will strengthen our pipeline of diverse talent, whose unique perspectives will help drive the future of Cadillac and GM design. Personally, I know the importance of HBCUs and their powerful impact, making our work with institutions like PLC, and individuals like D’Wayne Edwards, especially meaningful as we build a more accessible path for more students to creative careers in the automotive industry.”
“We are both grateful to Cadillac for its contribution toward diversifying the design industry and for providing support to the next generation of creative talent,” said Dr. Edwards. “In a city well known for both design and automotive manufacturing, we are proud to have Cadillac as a supporter in this incredibly important effort that will literally change the face of the entire design industry.”
If you need a refresher, the Escalade V is powered by a supercharged 6.2-liter V-8 engine with 682 horsepower and 653 lb-ft of torque, that’s mated to a 10-speed automatic transmission and a full-time active all-wheel-drive system. It also a unique gets unique suspension hardware and software calibrations. The Escalade V can accelerate from 0-60 mph in under 4.4 seconds and reach a quarter-mile in 12.74 seconds at 110 mph. The pricing starts at $149,990.