Cadillac sales are surging this year, boosted by strong sales in its largest market – China.
Cadillac sold 33,092 units globally in October 2017, maintaining a 17-month run of consecutive growth. Year-to-date sales are up 49,192 units compared to October 2016, totalling 289,705 units.
“For the past 17 months, our global sales have continued to grow, further elevating our standing as a major luxury automaker,” said Cadillac president Johan de Nysschen. “We are building a strong foundation for Cadillac’s long-term success and will continue to increase our momentum with the introduction of the XT4 crossover in 2018.”
China continues to be a strong performing market with sales up by 36.1% year over year. Canada, South Korea, Russia and Japan also saw significant growth, while the US market performance remained stable compared to the previous year.
The XT5 luxury crossover remains the brand’s top-selling product with a total of 117,106 units delivered worldwide so far in 2017. Globally, sales of the ATS model grew 22.4% year over year. In the US, Cadillac’s SUV portfolio is up 8.8% for the year.
Average transaction prices continue to be the second-highest among major luxury automotive brands in the US. Through October, the brand’s average US transaction price remained around $54,000.
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By GlobalDataCadillac sales in key regions:
Sales by region:
- US: October 2017 – 13,931 units; October 2016 – 13,948 units; change – (-)0.1%; YTD 2017 – 127,777 units; YTD 2016 – 133,234 units; change – (-)4.1%
- China: October 2017 – 17,018 units; October 2016 – 12,502 units; change – 36.1%; YTD 2017 – 141,643 units; YTD 2016 – 89,530 units; change – 58.2%
- ROW: October 2017 – 2,143 units; October 2016 – 1,786 units; change – 19.9%; YTD 2017 – 20,285 units; YTD 2016 – 17,749 units; change – 14.3%
- Total: October 2017 – 33,092 units; October 2016 – 28,236 units; change – 17.2%; YTD 2017 – 289,705 units; YTD 2016 – 240,513 units; change – 20.5%