Cadillac Global Sales up 32% and 136,525 YTD

[Cmicasa the Great]

Quote

Cadillac globally sold 29,738 units in May 2017, an increase of 33.8 percent – driven by strong year-over-year growth in all markets. May marked the 12^th consecutive month of double-digit growth for Cadillac, and continued execution of the brand’s globalization strategy.

Cadillac sales have increased 32 percent globally year to date. In the midsize luxury crossover category – the industry’s strongest segment – the sustained popularity of the acclaimed XT5 has resulted in a 43.6 percent sales increase so far in 2017. The new luxury crossover was the brand’s best seller worldwide in May, totaling 11,735 units. In addition, sales of Cadillac’s ATS sport sedan and coupe models grew 45.2 percent for the month, while the XTS luxury sedan rose 20.7 percent.

Despite continued contraction in the US market for luxury sedans, which represent the mainstay of the Cadillac product portfolio at present, Cadillac achieved strong growth in the U.S. in May, with sales increasing 9.2 percent.  This was achieved due to the strong demand for the XT5 and iconic Escalade models.  The average transaction price for a new Cadillac in the U.S. in May continues to remain above $54,000, the second highest amongst major luxury automotive brands.

http://media.cadillac.com/media/us/en/cadillac/news.detail.html/content/Pages/news/us/en/2017/jun/0605-cadillac-sales.html

 

At this rate.. its very likely Cadillac could pass the 320K mark by end of year

[A Horse With No Name]

Sweet...they deserve this!

[David]

YES!  

[A Horse With No Name]

2 hours ago, dfelt said:

YES!  

Ohhh absolutely...an American luxury car Renaissance...

[Cmicasa the Great]

I would like to say that in reality.. at this rate of growth.. and still missing 2 new CUVs that will be intro'ed soon.. not to mention a revitalization of some existing vehicles.. plus a few more added.. That 500K by 2020 JDN spoke of last year seems quite obtainable

[A Horse With No Name]

1 hour ago, Cmicasa the Great said:

I would like to say that in reality.. at this rate of growth.. and still missing 2 new CUVs that will be intro'ed soon.. not to mention a revitalization of some existing vehicles.. plus a few more added.. That 500K by 2020 JDN spoke of last year seems quite obtainable

And with desirable product at an excellent price and profit point for GM....