Cadillac is going through some of the best months in its history as far as sales numbers are concerned with October being the fifth consecutive month of double-digit percentage increases.
According to official numbers released by Cadillac, the automaker sold 28,239 vehicles globally in October which is a 21.2 per cent year-over-year. According to Cadillac, its 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 per cent globally. The XTS sedan saw a jump of 29.5 per cent.
China has been the best region for Cadillac where sales skyrocketed in October, increasing by a whopping 117.2 per cent. For the year to date, the brand has grown sales 43 per cent in China and 8.2 per cent globally.
In the U.S., total sales contracted 9.4 per cent impacted by an 18 per cent 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.”
September was a huge success for Cadillac during which it sold 30,061 vehicles globally marking an increase of 22.2 percent. Both the XT5 crossover and the CT6 prestige sedan reached their highest sales since launch during September. XT5 established itself as the brand’s top-selling product line by selling 9,421 units in September, a jump of 10.5 per cent above the month prior. CT6 sales grew 19.9 per cent compared to the previous month.