Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsCadillac Plans to Price Celestiq Electric Vehicle Around $300,000
General Motors luxury brand looks to jump-start electric-vehicle push with high-end sedan produced in the hundreds a yearCadillac plans to price a future electric sedan at around $300,000, according to people familiar with the matter, testing the cachet of General Motors Co.s luxury brand.
GM is set to reveal later this summer a prototype of the car, named the Celestiq. The company has said the sedan will be Cadillacs premier offering and custom-built at its engineering center near Detroit.
The auto maker intends to build fewer than 500 Celestiqs annually as a way to showcase its technology and generate buzz for Cadillac.
The price tag could run well beyond $300,000 depending on added features.
https://www.wsj.com/articles/cadillac-plans-to-price-its-future-celestiq-ev-around-300-000-11656072000
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
13 replies, 993 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (0)
ReplyReply to this post
13 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Cadillac Plans to Price Celestiq Electric Vehicle Around $300,000 (Original Post)
former9thward
Jun 2022
OP
And the median price for a home where I live is $1.1 million. This economy is, um, "broken."
PSPS
Jun 2022
#5
That's just what we needed. A $300k electric vehicle. Cadillac has always been friggen tone deaf.
CentralMass
Jun 2022
#12
Liberal In Texas
(13,554 posts)1. At $300K it shouldn't need any "added features." n/t
Irish_Dem
(47,114 posts)2. At that price it should have a swimming pool and three car garage.
LuckyCharms
(17,441 posts)3. Better have 3 full baths in it for that price. n/t
sarcasmo
(23,968 posts)4. Corporate Greed
PSPS
(13,599 posts)5. And the median price for a home where I live is $1.1 million. This economy is, um, "broken."
PXR-5
(522 posts)7. Well considering a Jeep
Wagoneer goes for $89,900, that seems fair.
😆 😂 😆
A HERETIC I AM
(24,369 posts)8. Here's what it looks like
That "Engineering Center near Detroit" has to be the GM Tech Center in Warren, an enormous complex of over 700 acres.
https://goo.gl/maps/rzmBvbdgXfJZL8o5A
Owl
(3,642 posts)10. Gorgeous car. I can't afford it though.
Irish_Dem
(47,114 posts)13. Looks plain and ordinary. For the price tag I was expecting more stylish.
DemocratSinceBirth
(99,710 posts)9. I'm gonna buy two
AndyS
(14,559 posts)11. It's GM marketing. For the Corvette is the flagship of
Chevrolet. Sales are not so many but it lends cache to the rest of the line. Some years the Corvette costs more to make than it sells for but it sells the rest of the line. It also was a place to hide R&D money. Not so much anymore but it was once a marketing device.
Perhaps the new Celestiq is the same. Makes sense, only 500 planned so it's not a huge money maker. It also reinforces the marquee as a prestige brand. Plus although you can't have one of those you can get this close . . .
CentralMass
(15,265 posts)12. That's just what we needed. A $300k electric vehicle. Cadillac has always been friggen tone deaf.