New Model News

Forthcoming Cadillac Celestiq hatchback to start over $200k

The Cadillac Celestiq will be the automaker's new flagship sedan when it debuts, which likely won't be for a few years.

Photo courtesy of Cadillac

Cadillac has just announced the death of the CT6 and introduced the CT4 and CT5, but they're not done with the sedan shuffle. The company has made it known that the Cadillac Celestiq is on its way.

Unlike other models Cadillac has built for decades, the company is truly positing this car as a luxury model. Just hundreds of them will be hand-built each year in the Detroit area starting in mid-2022. Reporting by Mike Colias of the Wall Street Journal indicates that the cost of the Celestiq will be over $200,000.

2020 Cadillac CT6 Cadillac recently announced that it's ending production of the CT6.Photo courtesy of Cadillac

Yes, you read that right. A $200,000+ Cadillac. Surely that's the answer to a question no one has been asking outside of the Renaissance Center.

A top tier Porsche Panamera's starts just under $200,000.

The flagship hatchback (yes, you read that right) will run strictly on all-electric power. Motortrend has reported that the model will have black glass that runs from the windscreen to the rear hatch opening as well as a spacious interior,

A question worth asking: How many parts from the GM bin will the model share with lower priced cars? Only time will tell.

Cadillac is looking to put 20 electrified models on the road by 2023. Given that the current lineup includes just five vehicles, there's plenty of room for expansion. The company will debut the Lyriq electric SUV later this spring and has said that an Escalade EV is on the way in a few years.

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Electric vehicle production

GM outlines huge investment in new EV production

The $7 billion number is GM's largest single investment to date.

General Motors

Automakers are not shy about their plans to electrify their vehicle lineups. In fact, it's just the opposite, as most can't wait to release a media kit that sings the virtues of moving toward electrification and outlines their commitments to investing billions to make the move a reality. General Motors has been more active than most, building new facilities and revamping existing factories to handle new-age EV manufacturing. Today, the auto giant announced a further investment to build a new plant and overhaul the Orion Township facility in Michigan. The move creates thousands of jobs and positions GM as an early powerhouse in the EV race.

GM EV investment. GM says its new and existing facilities will create and retain thousands of jobs.General Motors

The $7 billion investment is slated for four Michigan manufacturing facilities. GM says the move will create 4,000 new jobs and retain 1,000 existing positions, and notes that the amount represents the single largest investment in company history. A new Ultium Cells battery plant in Lansing is part of the deal, along with the conversion of the GM assembly planting Orion Township. Orion will eventually house production of the upcoming Chevrolet Silverado EV and the electric GMC Sierra, making it the second of GM's facilities dedicated to building electric pickup trucks.

The Orion and Ultium Cells Lansing facilities will help GM boost its total full-size electric truck production to 600,000 units per year when both Factory Zero and Orion are in full swing. Though Ford sells more full-size trucks than Chevy or GMC individually, GM notes that the two combined move more trucks per year than The Blue Oval. The two plants join General Motors' existing EV-ready facilities that include Factory Zero in Detroit-Hamtramck, Spring Hill Assemble in Tennessee, CAMI in Ontario, and the Ramos Arizpe Assembly facility in Mexico.

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New luxury car

BMW sends its V12 engine off in style

BMW will build its final V12 engine this June.

BMW

Most automakers are focused on building EVs and extracting the best fuel economy from gas engines possible, so it’s not surprising to hear that BMW is pulling the plug on one of its biggest and most iconic engines. In June 2022, BMW will build its very last V12 engine for use in a super-limited-production special edition 7 Series model. The ultra-rare cars will carry a starting price of $200,995.

BMW 760i xDrive The last V12 will power a very special (and very expensive) 7 Series car.BMW

Only twelve lucky customers will have the option to nab a V12-powered BMW, which will be called the M760i xDrive. Displacing 6.6 liters, the twin-turbocharged beast produces a massive 601 horsepower. An eight-speed sport automatic transmission and all-wheel drive are standard. BMW says the powertrain is strong enough to push the hefty 7 Series car to 60 mph from a standstill in just 3.6 seconds.

The final-run cars will feature little more than a special “V12” badge at the rear to differentiate them from standard 7 Series models. Inside, the car features a serialized plaque with the car’s production number out of the 12 units planned. The engine itself features a nameplate with “The Final V12.”

Beyond the badges, BMW’s 12-cylinder last-hurrah will come standard with 20-inch M double-spoke wheels, a choice of any available BMW full Merino leather color, M Sport brakes with black or blue calipers, a panoramic LED roof, remote control parking, a Bowers & Wilkins surround-sound system, and adaptive LED headlights.

BMW 760i xDrive Only 12 of the cars will be built, with a starting price of more than $200,000.BMW

Though it hasn’t been BMW’s most popular engine over the years, the V12 has been a part of the automaker’s catalog for 35 years. The first 12-cylinder engine showed up in 1987, producing 295 horsepower in the original 750iL sedan.

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