May 12, 2014 01:00 PM EDT
2015 Cadillac CTS-V Coupe to Reach Dealerships Later This Year

The 2015 Cadillac CTS-V Coupe will reach dealerships in the second half of 2014, according to a General Motors press release.

The Cadillac CTS-V Coupe will have a limited-edition run of 500 vehicles.

Pricing will be announced officially closer to the vehicle's debut.

Several options were priced by the automaker however, including a $995 Black Diamond exterior paint option, and a $700 sunroof option, according to GM.

The automaker is currently developing the next-generation V-Series models, which will debut sometime next year.

The special-edition CTS-V coupe comes equipped with Brembo brakes, Magnetic Ride Control, and a 556-horsepower supercharged V8 engine.

Customers have the option to choose either a six-speed manual or automatic transmission.

Other features confirmed by the automaker includes:

-an Ebony interior with red contrast stitching

-metal pedals

-dark-finish V grille

-satin graphite wheels

-Midnight Sapele wood trim

-Recaro performance seats

-a microfiber suede-wrapped steering wheel and shift knob

-red brake calipers

Cadillac expects the CTS-V Coupe to compete with the 2014 Mercedes-Benz E63 AMG, high-end versions of the BMW 5 Series, among other vehicles.

Check back for more information later on this year once the vehicle debuts and the price is announced. 

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