Cadillac unveiled its new 2015 Escalade in New York this week, along with a number of new features the vehicle will come equipped with.

The new model is one of 10 new or redesigned Cadillacs that GM will introduce in the U.S. by the end of 2015.

The 2015 Escalade has an 8,200 pound towing capacity, and the Escalade ESV has an 8,000-pound max towing capacity.

Cadillac designed the vehicle with a sleeker exterior and wood-trim interior. Cadillac expects the redesigned model to increase sales by at least 10 percent.

"There's a lot of equity in Escalade and I'd like to explore the notion of other vehicles that would carry that brand name," Bob Ferguson, head of Cadillac, said yesterday in New York following the unveiling of the 2015 vehicle.

The New York introduction including an appearance by Donald Trump.

Wheel sizes start at 20-inches, which is an increase compared to the 18-inch wheels found on the previous Escalade. GM will make 22-inch wheels an available option however.

"We can increase the volume that we're doing now," Ferguson said. "Escalade puts an exclamation point on the end of the brand."

The 2015 Escalade and Escalade ESV will begin production during the first quarter of 2014 at GM's Arlington, Texas assembly plant.

The price of the 2015 model has not been released yet. The current model is sold for $63,745.

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