Cadillac recorded 33,092 new vehicle sales in October 2017, an increase of 17.2 percent year-over-year. The performance represents the brand’s 17th consecutive month of global sales volume growth.
“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.”
In the first ten months of 2017, sales increased 20.5 percent to 289,705 units. The results enable Cadillac to remain on track to surpass last year’s record-setting sales total of 308,718 global vehicle sales.
Cadillac did not disclose sales on a per-model basis in October, something it stopped doing at the end of 2016.
The brand did, however, state that the Cadillac XT5 luxury crossover continues to lead sales for the brand with 117,106 units delivered globally in the first ten months of 2017. Given that the model tallied 103,645 deliveries worldwide in the first nine months of 2017, we can deduce that October sales of the midsize CUV tallied 13,461 units.
In addition, sales of the Cadillac ATS lineup grew 22.4 percent in October.
Cadillac sales were flat in the United States while increasing in China and Canada:
Unlike in the first four months of 2017, Cadillac did not provide individual sales figures for Mexico, Europe and South Korea or the Middle East, instead including sales from those markets in the single ROW (Rest of World) line item.
Market | October 2017 / October 2016 | October 2017 | October 2016 | YTD 2016 / YTD 2015 | YTD 2017 | YTD 2016 |
---|---|---|---|---|---|---|
Total | +17.2% | 33,092 | 28,236 | +20.5% | 289,705 | 240,513 |
United States | -0.1% | 13,931 | 13,948 | -4.1% | 127,777 | 133,234 |
China | +36.1% | 17,018 | 12,502 | +58.2% | 141,643 | 89,530 |
Canada | +30.5% | 1,262 | 967 | +17.8% | 11,444 | 9,718 |
ROW | +7.6% | 881 | 819 | +10.1% | 8,841 | 8,031 |
According to the J.D. Power Information Network, the average transaction price for a new Cadillac in the U.S. in the first ten months of 2017 remained around $54,000.
This maintains the brand’s spot as the second-highest U.S. average transaction price among major luxury automotive brands.
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