Home GM News | Press Releases Cadillac Global Sales Increase More than 20% for 4th Consecutive Month

Cadillac Global Sales Increase More than 20% for 4th Consecutive Month

by Rob
689 views 9 minutes read
2017 Cadillac ATS Sedan. The 2017 Cadillac ATS Turbo Sedan, the fastest, most powerful turbo-4 luxury sedan in its class, becomes the entry point to the ATS Sedan and Coupe family.
  • New XT5 Crossover tops 10,000 mark for the month
  • Average U.S. transaction prices top $53,000 

Cadillac sold 28,239 vehicles globally in October, an increase of 21.2 percent from the same month a year ago. This is the fifth consecutive month of double-digit percentage increases for Cadillac, the last four of which have topped 20 percent.

The brand’s top-selling product line, the new XT5 luxury crossover, sold 10,282 units in October, the highest since its launch earlier this year. Sales of the ATS sport sedan and coupe totaled 6,000 for the month, an increase of 9.8 percent globally. The XTS sedan saw a jump of 29.5 percent.

Cadillac sales in China skyrocketed in October, increasing 117.2 percent. For the year to date, the brand has grown sales 43 percent in China and 8.2 percent globally.

In the U.S., total sales contracted 9.4 percent impacted by an 18 percent decline in fleet deliveries while the brand continued to earn higher transaction prices from buyers. For the year to date, Cadillac average transaction prices topped $53,000 per unit (according to J.D. Power Information Network) an increase of nearly $2,000 — and ranked second in the industry among full-line luxury brands.

“Cadillac’s product substance is driving consistent global growth, not only in sales volume but also in terms of brand prestige,” said Cadillac President Johan de Nysschen. “The new products launched this year continue to gain momentum as we elevate all aspects of our business to a more premium position globally.”

Cadillac sales in key regions appear in the table below.

GLOBAL SALES BY PRODUCT LINE      
  Oct-16 Oct-15 % Change YTD-16 YTD-15 % Change
ATS 6,000 5,463 9.8 49,005 48,935 0.1
CTS 1,297 1,880 (31.0) 15,823 18,496 (14.5)
XTS 4,639 3,582 29.5 43,514 38,801 12.1
CT6 1,917 0 NEW 10,856 0 NEW
SRX 195 8,494 (97.7) 37,506 81,802 (54.2)
XT5 10,282 0 NEW 47,719 0 NEW
Escalade 3,903 3,797 2.8 35,542 33,417 6.4
ELR 6 82 (92.7) 541 847 (36.1)
Other 0 3  – 3 18 (83.3)
Total 28,239 23,301 21.2 240,509 222,320 8.2
           
SALES BY REGION      
  Oct-16 Oct-15  % Change YTD-16 YTD-15 % Change
United States 13,948 15,391 (9.4) 133,234 141,090 (5.6)
China* 12,502 5,757 117.2 89,530 62,630 43
Canada 967 1,162 (16.8) 9,718 10,094 (3.7)
Middle East 343 505 (32.1) 3,385 4,306 (21.4)
Mexico 149 177 (15.8) 1,441 1,473 (2.2)
EU- Russia** 173 193 (11.6) 1,645 1,254 31.2
South Korea 115 60 91.7 842 639 31.8
ROW 42 56 (25) 704 834 (15.6)
Total 28,239 23,301 21.2 240,509 222,320 8.2

 

*China retail sales
**Europe sales do not include Chevrolet Corvette and Camaro (which are offered in some European Cadillac dealerships.)

Related Articles

error: Content is protected !!

Adblock Detected

Please help support this website by disabling your AdBlocker extension.