Cadillac is aiming to boost its dealership network in China to about 500 stores by 2025, about a 65% increase over the 302 it has in operation today. Cadillac President Steve Carlisle said that Cadillac in China has become a credible alternative to the German luxury brands, and that their average buyer age is 32 years old.
Cadillac has plans to introduce a new Cadillac model every 6 months through 2021. Carlisle also announced that Cadillac will release a refresh of the Cadillac XT5 later this year.
Cadillac sold over 205,000 vehicles in China last year, a 17 percent increase over the year prior. That compares to just 154,700 sales in the US.