Barrett-Jackson

Barrett-Jackson to auction first Cadillac CT5-V Blackwing, CT4-V Blackwing for charity

The 2022 Cadillac CT5-V Blackwing and 2022 Cadillac CT4-V Blackwing were introduced earlier this year.

Photo courtesy of Cadillac

Barrett-Jackson has already announced that they will auction off the first Ford Bronco 2-Door and Mustang Mach 1 during their Scottsdale, Arizona auction in March. Now, it has been confirmed that two other hot commodities, VIN 001 of the 2022 Cadillac CT5-V Blackwing and CT4-V Blackwing, will also cross the block during the event.

One-hundred percent of the hammer price from both first-production performance sedans will benefit Black Ambition, a PolicyLink non-profit initiative launched by Pharrell Williams that is described in a release by Barrett-Jackson as providing "a bridge to success for Black and Latinx entrepreneurs who are launching tech, design, healthcare and consumer products/services start-ups".

2022 Cadillac CT5-V Blackwing

Photo courtesy of Cadillac

The 2022 Cadillac CT5-V Blackwing was introduced earlier this year.

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The 2022 Cadillac CT5-V Blackwing (Lot #3002) and CT4-V Blackwing (Lot #3001) were introduced earlier this year. They represent the pinnacle of performance for the Cadillac brand and will be made in limited edition quantities with a premium price tag.

The first CT5-V Blackwing off the line features a twin-turbocharged 6.2-liter V8 under the hood. It reaches 668 horsepower and has a zero to 60 mph time of 3.6 seconds. Cadillac has given this model a six-speed manual transmission - the last planned manual transmission for General Motors.

Its little brother, the CT4-V Blackwing, has a twin-turbocharged 3.6-liter V6 that is capable of producing 472 horsepower and getting from zero to 60 mph in 3.8 seconds.

"The Cadillac CT5-V and CT4-V Blackwings have seen tremendous attention since their introduction just days ago," said Craig Jackson, chairman and CEO of Barrett-Jackson.

"These modern luxury performance sedans combine Cadillac's most powerful engines ever built with a spectacular suspension to set a new standard for comfort and performance. As the last in a line of Cadillacs with a factory 6-speed manual transmission, these two first-production vehicles are destined to be coveted collector cars for generations to come. It is an honor that GM chose to auction these performance sedans as part of the largest docket of VIN 001 and first production vehicles ever offered during one auction."

2022  CT4-V Blackwing

Photo courtesy of Cadillac

The 2022 CT4-V Blackwing was introduced earlier this year.

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The winning bidders will own the rights to the first-production 2022 CT5-V Blackwing, VIN 001, and 2022 CT-V Blackwing, VIN 001.

The sale of the Caddies will occur during the Scottsdale Auction at WestWorld of Scottsdale, March 20-27, 2021.

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Insurance company Hagerty compiled a list of cars it thinks will climb in value and price.

Hagerty

Vehicle prices have grown across the board this year, but collector car prices have been on the move for years. The world of online car auctions and car shows such as Radwood have driven attention to obscure and otherwise unknown cars, pushing their prices. Insurance and overall automotive lifestyle company Hagerty is stepping in to help. It complied a list of vehicles that it believes are currently a good value and have potential to climb. The Hagerty Bull Market List covers ten vehicles of all types.

Hagerty’s list is expansive, covering several vehicle types, prices, and time periods. The list features vehicles built between 1963 and 2012, and is designed to nudge people into buying cars before they become unattainable. This is especially important now, as online auction sites have moved the markets for some previously obscure cars well past the point of reason.

The Bull Market List isn’t intended to give you an inside track on car values so that you can flip them for quick profit. Instead, the list should give you the push you need if you’re already on the fence about buying a car to keep and drive a cool vehicle. Hagerty wants people to buy the cars and have the ability to pass them on to other enthusiasts without charging exorbitant prices.

The Bull Market List includes (with excellent condition pricing):

  • 1965-1970 Cadillac DeVille ($28,800)
  • 1969-1974 Ferrari 246 Dino ($365,800)
  • 1983-1997 Land Rover Defender ($61,400)
  • 1979-1985 Mazda RX-7 ($17,600)
  • 1962-1967 Mercedes-Benz 230SL ($80,500)
  • 1963-1967 Pontiac GTO ($100,200)
  • 1992-1995 Porsche 968 ($38,000)
  • 1985-1995 Suzuki Samurai ($10,200)
  • 2008-2012 Tesla Roadster Sport ($97,000)
  • 1975-1993 Volvo 245 ($15,800)

If you’re considering one of the vehicles on the list and have the means, it’s a good idea to act in the near future. Vehicle prices are rising due to supply chain shortages to the point that even older cars are climbing. That, plus the effects of online car auctions, have made it hard to find a good value car.

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Cadillac will be the first brand with Ultra Cruise

General Motors

Tesla has been in hot water for a while now for shenanigans pulled by owners abusing the automaker's advanced cruise control functions. While the company's Full Self Driving (FSD) tech isn't quite ready for primetime, other automakers are catching up – quickly. Today, General Motors announced Ultra Cruise, its advanced driver assistance tech that promises to allow hands-free driving in 95 percent of driving scenarios.

Ultra Cruise Ultra Cruise will build on Super Cruise functionality.General Motors

GM notes that its goal is to eventually roll the service out to all paved roads in the U.S. and Canada. When it launches, the service will work on over two million miles of roads, which could nearly double as the program expands.

Ultra Cruise will offer a host of automated driving features that build on Super Cruise:

  • Dynamic display system
  • Ability to react to permanent traffic control devices
  • Follow internal navigation routes
  • Maintain headway and follow speed limits
  • Support automatic, on-demand lane changes
  • Support left and right turns
  • Support close object avoidance
  • Support parking in residential driveways

The system uses LiDAR, radar, and cameras to build a 360-degree, three-dimensional picture of the world around it. An additional LiDAR unit is located behind the windshield. GM notes that a big part of the system is its Human Machine Interface (HMI), which communicates with the driver to alert them when they need to take control. Ultra Cruise-equipped vehicles will do this with a head-up display that helps drivers stay focused on the road, and will use the same driver monitoring cameras that are used in Super Cruise.

Ultra Cruise Ultra Cruise will enable hands-free driving in the majority of driving scenarios.General Motors

Ultra Cruise will first be available in Cadillac vehicles starting from 2023. There's no word on pricing or specific vehicle availability at this time.

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