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NINETY EIGHT REGENCY

2008 Cadillac Escalade goes on sale in China, priced at about $149,000

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2008 Cadillac Escalade goes on sale in China, priced at about $149,000

By Ally From:Gasgoo.com October 31 2007

Shanghai. October 31 (Gasgoo.com) -Shanghai General Motors (Shanghai GM) announced today that it will start to sell 2008 Cadillac Escalade at dealerships in China starting today. The vehicle will be priced at about1.12 million yuan ($149,843).

Since the second generation Cadillac Escalade went on sale in Chinese market last July, some 350 vehicles have been sold and new orders have been increasing continuously, Shanghai GM said.

This third generation features more personalized equipments compared with the previous versions and has made refinements from its maneuverability to its build and materials quality.

Edmunds reported that this SUV vehicle is generously proportioned inside and out and has a bold and angular face, exaggerated wreath-and-crest badging and chrome trim.

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Why the price hike? Not that the Chinese don't deserve they are getting a sweet ride! (When do we get the Park Ave, until then pay double what we do for an Escalade you deserve it!)

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But But But... It's available in the US for $60k!!!!!!!!! The Chinese will sue for price fixin!

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Hey a BMW 335i Coupe is $US102K in Australia. A 3.3 L Grand Voyager is $US 64K. After years of high tariffs (and the expense of compliance for a small market), this is what people have gotten used to. Prices of many vehicles could be cut a lot (an Accord has gone from $US51K to $US28K within the last generation), but you get a lot of angry customers who a) feel they've been ripped off, and b) see their resale crash through the floor—not good for sales. Where a small number of vehicles is involved there have been some retroactive price cuts and refunds, but that very quickly gets very expensive if you already have good sales figures.

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