Cadillac Escalade sales decreased in the United States, Canada, Mexico, and South Korea during the third quarter of 2020.
Cadillac Escalade Sales - Q3 2020 - United States
In the United States, Cadillac Escalade deliveries totaled 4,538 units in Q3 2020, a decrease of about 56 percent compared to 10,284 units sold in Q3 2019.In the first nine months of the year, Escalade sales decreased about 43 percent to 15,093 units.
MODEL | Q3 2020 / Q3 2019 | Q3 2020 | Q3 2019 | YTD 2020 / YTD 2019 | YTD 2020 | YTD 2019 |
---|---|---|---|---|---|---|
ESCALADE | -55.87% | 4,538 | 10,284 | -43.12% | 15,093 | 26,535 |
Cadillac Escalade Sales - Q3 2020 - Canada
In Canada, Cadillac Escalade deliveries totaled 428 units in Q3 2020, a decrease of about 7 percent compared to 460 units sold in Q3 2019.In the first nine months of the year, Escalade sales decreased about 25 percent to 898 units.
MODEL | Q3 2020 / Q3 2019 | Q3 2020 | Q3 2019 | YTD 2020 / YTD 2019 | YTD 2020 | YTD 2019 |
---|---|---|---|---|---|---|
ESCALADE | -6.95% | 428 | 460 | -25.23% | 898 | 1,201 |
Cadillac Escalade Sales - Q3 2020 - South Korea
In South Korea, Cadillac Escalade deliveries totaled 78 units in Q3 2020, a decrease of about 32 percent compared to 115 units sold in Q3 2019.In the first nine months of the year, Escalade sales decreased about 38 percent to 157 units.
MODEL | Q3 2020 / Q3 2019 | Q3 2020 | Q3 2019 | YTD 2020 / YTD 2019 | YTD 2020 | YTD 2019 |
---|---|---|---|---|---|---|
ESCALADE | -32.17% | 78 | 115 | -38.43% | 157 | 255 |
Cadillac Escalade Sales - Q3 2020 - Mexico
In Mexico, Cadillac Escalade deliveries totaled 45 units in Q3 2020, a decrease of about 42 percent compared to 78 units sold in Q3 2019.In the first nine months of the year, Escalade sales decreased about 57 percent to 111 units.
MODEL | Q3 2020 / Q3 2019 | Q3 2020 | Q3 2019 | YTD 2020 / YTD 2019 | YTD 2020 | YTD 2019 |
---|---|---|---|---|---|---|
ESCALADE | -42.31% | 45 | 78 | -57.31% | 111 | 260 |
Cadillac Escalade Sales - Q3 2020 - Russia
In Russia, Cadillac Escalade deliveries totaled 114 units in Q3 2020, an increase of about 68 percent compared to 68 units sold in Q3 2019.In the first nine months of the year, Escalade sales decreased about 17 percent to 359 units.
MODEL | Q3 2020 / Q3 2019 | Q3 2020 | Q3 2019 | YTD 2020 / YTD 2019 | YTD 2020 | YTD 2019 |
---|---|---|---|---|---|---|
ESCALADE | +67.65% | 114 | 68 | -17.28% | 359 | 434 |
Competitive Sales Comparison (U.S.)
Despite the steep 56 percent decline in Cadillac Escalade sales during the third quarter, the full-size SUV remained the best-seller in its segment, with a dominant 40 percent segment share. The results enabled the Escalade to edge out the Lincoln Navigator (see Lincoln Navigator sales), which came in second place with 3,635 deliveries for a 32 percent segment share. The Infiniti QX80 fell to third place with 2,057 deliveries and an 18 percent segment share, while the Lexus LX came in last place with 1,025 deliveries for a 9 percent segment share.
Sales Numbers - Full-Size Luxury SUVs - Q3 2020 - USA
MODEL | Q3 20 / Q3 19 | Q3 20 | Q3 19 | Q3 20 SHARE | Q3 19 SHARE | YTD 20 / YTD 19 | YTD 20 | YTD 19 |
---|---|---|---|---|---|---|---|---|
CADILLAC ESCALADE | -55.87% | 4,538 | 10,284 | 40% | 53% | -43.12% | 15,093 | 26,535 |
LINCOLN NAVIGATOR | -16.34% | 3,635 | 4,345 | 32% | 23% | -22.66% | 10,210 | 13,201 |
INFINITI QX80 | -42.73% | 2,057 | 3,592 | 18% | 19% | -20.49% | 11,293 | 14,203 |
LEXUS LX | +0.10% | 1,025 | 1,024 | 9% | 5% | -13.71% | 2,876 | 3,333 |
TOTAL | -41.52% | 11,255 | 19,245 | -31.08% | 39,472 | 57,272 |
Despite the decent performance, the Escalade saw the steepest decline of 56 percent, compared to the segment average of 41.5 percent.
Below, we’ve included sales figures for full-size luxury crossovers for the sake of reference. Though they differ mechanically from the aforementioned body-on-frame SUVs by having a unibody construction, they are typically cross-shopped and considered as alternatives. Currently, the only full-size luxury crossovers are the Mercedes-Benz GLS-Class and the new BMW X7, though Audi is rumored to be working on an entry called Q9.
Sales Numbers - Full-Size Luxury CUVs - Q3 2020 - USA
MODEL | Q3 20 / Q3 19 | Q3 20 | Q3 19 | YTD 20 / YTD 19 | YTD 20 | YTD 19 |
---|---|---|---|---|---|---|
GLS-CLASS | +38.98% | 5,295 | 3,810 | +23.60% | 16,928 | 13,696 |
X7 | -1.17% | 4,882 | 4,940 | -1.59% | 13,535 | 13,754 |
TOTAL | +16.31% | 10,177 | 8,750 | +10.98% | 30,463 | 27,450 |
The Cadillac Society Take
While the Escalade outsold all of direct rivals during Q3 2020, it did see sales slip more than all rivals during the quarter. We attribute the circumstance to the generational change-over to the all-new, 2021 Escalade.
A generational switch typically has a natural negative impact on sales volumes as production of the last-gen model winds down and the plant shuts down to retool the line for the all-new model. During this time, no models are rolling off the line, meaning that dealers can only sell whatever remaining, in-stock units of the outgoing model, which might not be attractive to consumers that are awaiting the arrival of the next-gen model. When production of the next-gen product does begin, it typically ramps up at a slow and incremental pace, thereby accelerating the ongoing dip in sales volume.
While this scenario was true for the all-new 2021 Cadillac Escalade, it was exacerbated by the COVID-19 pandemic, extending the amount of time from the end of production of the last-gen model to the beginning of production of the all-new model. The end result is what we see in Q3 2020 – a substantial decline in sales volume, headlined by a 56 percent drop in U.S. sales.
Once supply begins to normalize, we fully expect Escalade sales to recover, and in a big way. In fact, our prognosis is that the 2021 model will widen its leadership over its direct rivals even further than its already-leading position.
About The Numbers
- All percent change figures compared to Cadillac Escalade sales for Q3 2019
- In the United States, there were 77 selling days in Q3 2020 and 76 selling days in Q3 2019
- South Korea sales figures reflect actual vehicle registrations rather than wholesales
- Escalade and Escalade ESV model line break-outs contingent on data availability by market
- Cadillac sales Q3 2020 USA
- Cadillac Canada sales Q3 2020
- Cadillac China sales Q3 2020
- Cadillac South Korea sales Q3 2020
- Cadillac South Korea sales July 2020
- Cadillac South Korea sales August 2020
- Cadillac South Korea sales September 2020
- Cadillac Mexico sales Q3 2020
- Cadillac Russia sales Q3 2020
- Cadillac Russia sales July 2020
- Cadillac Russia sales August 2020
- Cadillac Russia sales September 2020