Deivis Centeno 4 years ago 5 Comments

Cadillac China Sales Jump 56 Percent In Q4 2020

Cadillac China sales increased 56 percent to 80,064 units during the fourth quarter of 2020.

Cadillac does not provide individual sales performance of its vehicles in China, but we do have the following information:

Over the past year, the brand set its new highest sales record in China – the luxury brand’s primary market by sales volume
The Cadillac XT5 regained its position as the brand’s best-selling model in 2020
The XT5 and XT4 are Cadillac’s most popular models in China
With the introduction of the CT4 luxury sedan, Cadillac now has its strongest portfolio ever in China to compete in the steadily growing luxury vehicle segment

During the complete 2020 calendar year, Cadillac China sales increased 8 percent to 230,527 units.

Sales Results - Q4 2020 - China - Cadillac

MODEL	Q4 2020 / Q4 2019	Q4 2020	Q4 2019	YTD 2020 / YTD 2019	YTD 2020	YTD 2019
CADILLAC TOTAL	+55.58%	80,064	51,461	+7.87%	230,527	213,717

The Cadillac Society Take

Cadillac China sales increased significantly during the fourth quarter of 2020, which becomes the second substantial improvement in sales volume achieved in the Asian country after a solid increase of 28 percent in the third quarter. In fact, the 80,064 units that Cadillac sold during Q4 represents the highest quarterly figure ever achieved by the luxury marque in China, which further establishes its spot as its biggest market.

Thanks to this unprecedented performance, Cadillac again set an annual sales record in China with a total of 230,527 deliveries in 2020 – the fourth consecutive year that the world’s largest auto market have led the brand’s global sales by market. The performance represents an 8 percent increase compared to the 213,717 units sold in 2019, a very significant achievement considering the various difficulties caused by the COVID-19 pandemic during 2020.

Cadillac states that the substantial 56 percent jump was driven by its fresh crossover lineup, comprised of XT4, XT5 and XT6. The trio saw a cumulative 40.3 percent growth year-over-year. In addition, the all-new Cadillac CT5 posted its best performance during the period, with sales of the new sedan growing rapidly for four consecutive months.

About The Numbers

All percent change figures compared to Cadillac China sales for Q4 2019, unless noted otherwise
Cadillac China sales figures represent retail sales

5 Comments

Andrzej January 8, 2021, 6:39 am

Congratulations, but this portfolio just can’t be strong and truly competetive with just one four-banger under the hood. Besides, hotter versions always draw customers to dealerships, This is how it works in Europe with AMG/RS/M cars. China is no different. But GM mismanagment knows better – cost cutting rulez.

‘Cadillac now has its strongest portfolio ever in China to compete in the steadily growing luxury vehicle segment’

Reply
- Scotty Keen January 8, 2021, 12:36 pm
  
  230,000 sales in a COVID year are very serious and impressive numbers. The Chinese market is not like US or Europe. Demand for performance vehicles is eclipsed by demand for luxury vehicles with small turbo engines. Just ask how many M and AMG models BMW and Mercedes sell in China. Hint: very few.
  
  Reply
  - Andrew January 10, 2021, 4:36 pm
    
    Nobody says it’s a bad number. But a four banger under a hood of a big sedan/suv is embarassing for a premium car manufacturer and it’s a reason why many sales are given for free to German competition. Wake up, world is global. Some trends are the same wherever You travel.
    
    Reply
Greg January 8, 2021, 6:33 pm

@Andrzej:

In case you didn’t read the article, this is about China. China is NOT in Europe.

Reply
Andrew January 10, 2021, 4:33 pm

Read my comment once again next time before replying.

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Cadillac China Sales Jump 56 Percent In Q4 2020