Home » Cadillac CT5 Sales Account For 7 Percent Segment Share During Q3 2020

Cadillac CT5 Sales Account For 7 Percent Segment Share During Q3 2020

Cadillac CT5 Sales Account For 7 Percent Segment Share During Q3 2020

Cadillac CT5 sales posted their first, third quarter figures in the United States and Canada, while posting their first quarter figures in South Korea during Q3 2020. Sales of the new sedan have not yet started in other various international markets, such as Russia or the Middle East.

Cadillac CT5 Sales - Q3 2020 - United States

In the United States, Cadillac CT5 deliveries totaled 4,001 units in Q3 2020.

In the first nine months of the year, CT5 sales totaled 9,576 units.
MODEL Q3 2020 / Q3 2019 Q3 2020 Q3 2019YTD 2020 / YTD 2019 YTD 2020 YTD 2019
CT5 * 4,001 * * 9,576 0

Cadillac CT5 Sales - Q3 2020 - Canada

In Canada, Cadillac CT5 deliveries totaled 232 units in Q3 2020.

In the first nine months of the year, CT5 sales totaled 533 units.
MODEL Q3 2020 / Q3 2019 Q3 2020 Q3 2019YTD 2020 / YTD 2019 YTD 2020 YTD 2019
CT5 * 232 * * 533 0

Cadillac CT5 Sales - Q3 2020 - South Korea

In South Korea, Cadillac CT5 deliveries totaled 26 units in Q3 2020.

In the first nine months of the year, CT5 sales totaled 26 units.
MODEL Q3 2020 / Q3 2019 Q3 2020 Q3 2019YTD 2020 / YTD 2019 YTD 2020 YTD 2019
CT5 * 26 * * 26 *

Competitive Sales Comparison (U.S.)

Cadillac CT5 sales kept the model towards the bottom of the segment during Q3 2020 in the U.S. market. The new sedan was outsold by seven new rivals, but outsold two others.

The segment was led by BMW, Audi and Mercedes-Benz in first, second, and third best-selling spots, respectively. The BMW 3 Series and 4 Series together accounted for a segment-leading 12,070 sales. The Audi A4 and A5 came in second place with 9,676 combined deliveries, while the Mercedes-Benz C-Class saw 7,215 deliveries. From there, the Acura TLX saw 5,707 deliveries, combined Volvo S60/V60 sales totaled 5,677 units, combined sales of the Infiniti Q50 and Q60 totaled 4,457 units, and the Lexus IS and RC saw a combined 4,381 units.

The Cadillac CT5 saw 4,001 deliveries. Adding the 17 units of the discontinued ATS gives Cadillac a combined 4,018 deliveries in the segment. The Genesis G70 saw 2,732 deliveries. The Alfa Romeo Giulia brought up last place with 2,192 deliveries.

Sales Numbers - D-Segment Luxury Cars - Q3 2020 - United States

MODEL Q3 20 / Q3 19 Q3 20 Q3 19 Q3 20 SHARE Q3 19 SHARE YTD 20 / YTD 19 YTD 20 YTD 19
BMW 3 SERIES -11.00% 10,394 11,679 18% 18% -12.54% 28,720 32,837
BMW 4 SERIES -58.18% 1,676 4,008 3% 6% -64.13% 5,633 15,702
AUDI A4 -24.53% 5,958 7,895 10% 12% -28.57% 14,322 20,049
AUDI A5 -35.32% 3,718 5,748 6% 9% -19.01% 14,029 17,322
MERCEDES-BENZ C-CLASS -33.42% 7,215 10,837 12% 17% -46.04% 20,597 38,174
ACURA TLX -0.82% 5,707 5,754 10% 9% -20.10% 15,121 18,926
VOLVO S60 -6.92% 3,629 3,899 6% 6% -31.64% 8,428 12,329
VOLVO V60 +140.21% 675 281 1% 0% +72.34% 1,084 629
VOLVO V60 CC +156.16% 1,373 536 2% 1% +296.58% 2,903 732
INFINITI Q50 -28.61% 3,868 5,418 7% 8% -33.76% 13,086 19,755
INFINITI Q60 -47.22% 589 1,116 1% 2% -35.02% 2,286 3,518
LEXUS IS -6.58% 3,305 3,538 6% 6% -26.71% 8,721 11,900
LEXUS RC -14.15% 1,076 1,253 2% 2% -21.51% 2,639 3,362
CADILLAC CT5 * 4,001 * 7% 0% * 9,576 0
CADILLAC ATS -89.23% 17 158 0% 0% -89.53% 110 1,051
GENESIS G70 * 2,732 * 5% 0% * 7,124 0
ALFA ROMEO GIULIA +7.98% 2,192 2,030 4% 3% -11.50% 5,643 6,376
TOTAL -9.39% 58,125 64,150 -21.04% 160,022 202,662

The luxury D-sedan segment saw cumulative sales contract 9 percent to 58,125 units during the third quarter of 2020.

The Cadillac Society Take

The Cadillac CT5 was outsold by most rivals during the third quarter of 2020, a circumstance we attribute to the following two complications associated with the COVID-19 pandemic:

  1. Sub-par supply at the dealer level as a result of production downtime at the Lansing Grand River plant, preventing dealers from selling the vehicle to interested customers, and
  2. Lack of market awareness of the CT5, a brand new nameplate in the segment. By comparison, most segment contenders have substantially more established offerings from a name recognition and awareness standpoints.

Despite these two issues, Q3 2020 sales were 1,426 units higher than the 2,575 sales in Q2 2020 and 1,001 units higher than the 3,000 sales in Q1 2020. As a result, CT5 sales are growing, and we expect sales to increase substantially in the coming quarters as both inventory and consumer awareness of the model improve, enabling the new Caddy to obtain a substantially more favorable position in the segment.

About The Numbers

  • All percent change figures compared to Cadillac CT5 sales for Q3 2019, unless noted otherwise
  • In the United States, there were 77 selling days in Q3 2020 and 76 selling days in Q3 2019
  • Cadillac CT5 sales include those of CT5 and CT5-V
  • China sales figures represent retail deliveries and do not include fleet sales
  • South Korea sales figures represent vehicle registrations rather than raw sales volume
Third quarter 2020 Cadillac sales results:

Cadillac CT5 Photos

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