First Cadillac CTS-V auctioned off for charity

[jamz]

Filed under: Sedans/Saloons, Auction Action, Cadillac, GM

Click the image above for more high-res pics of the CTS-V

If you had your heart set on dropping big-time coin to own the first next-gen Cadillac CTS-V, you're already too late. CTS-V numero uno was auctioned off Thursday at a charity benefiting prostate cancer, and amazingly the 550 hp monogrammed sledgehammer was actually a bit of a bargain. Cigar entrepreneur Cano Ozgener dropped a reasonable $75,000 to become the winning bidder, which is likely a bit more than the CTS-V will cost at the dealership, but a heck of a lot less than other serial number ones that have sold over the past couple years. Hit the jump for more details on the auction in GM's press release.

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[Source: GM]

PRESS RELEASE

NEW YORK - The eagerly anticipated 2009 CTS-V, Cadillac's 550-hp expression of ultimate performance and luxury, hits the streets this coming fall. However, the first sale occurred last night in New York City, where the first CTS-V earned a winning bid of $75,000 at a special charity auction benefiting the Prostate Cancer Foundation.

The auction was a major feature of "A Night to Remember," a glittering evening of fine food, wine and cigars, hosted by Cigar Aficionado magazine and sponsored in part by Cadillac. The 17 th annual Night to Remember last night at Manhattan's famed Four Seasons restaurant raised an estimated $1.3 million for the Prostate Cancer Foundation. The winning bid was submitted by Cano Ozgener, founder of CAO International, a leading producer of premium cigars worldwide.

"Cadillac is proud of our longtime association with this great event on behalf of prostate cancer research and treatment," says Jim Taylor, Cadillac general manager. "We congratulate Mr. Ozgener, both for making a generous bid benefiting a great charity, and for joining a very elite club of new CTS-V owners."

The CTS-V, based on Cadillac's critically acclaimed CTS sports sedan, expresses the full extent of the brand's dramatic design and technology. Designed to enter the stratosphere of the world's fastest and most exclusive luxury sedans, CTS-V includes advanced performance technology such as a supercharged 6.2-liter V8 engine and Magnetic Ride Control, the world's fastest reacting suspension.

More coverage of A Night to Remember can be found at www.cigaraficionado.com. For more information on the work of the Prostate Cancer Foundation, go to www.prostatecancerfoundation.org.
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