Cadillac Mexico Sales Drop 30 Percent In November 2021

Cadillac Mexico sales decreased 30 percent to 81 units in November 2021 compared to November 2020.

Individual model sales performance was as follows:

Cadillac CTS sales were flat at 0 units
- The vehicle was discontinued and is being replaced indirectly by the CT5 on the low end
Cadillac CT4 sales have not yet commenced in Mexico
Cadillac CT5 sales have not yet commenced in Mexico
Cadillac Escalade sales decreased 15 percent to 68 units
Cadillac XT4 sales decreased 68.42 percent to 6 units
Cadillac XT5 sales decreased 56.25 percent to 7 units
Cadillac XT6 sales have not yet commenced in Mexico
The Cadillac CT6 was never offered in Mexico

During the first 11 months of the 2021 calendar year, Cadillac Mexico sales increased 76 percent to 1,143 units.

Sales Results - November 2021 - Mexico - Cadillac

MODEL	NOV 2021 / NOV 2020	NOVEMBER 2021	NOVEMBER 2020	YTD 2021 / YTD 2020	YTD 2021	YTD 2020
CTS	*	0	0	-66.67%	2	6
ESCALADE	-15.00%	68	80	+311.85%	869	211
XT4	-68.42%	6	19	-49.30%	145	286
XT5	-56.25%	7	16	-9.79%	129	143
CADILLAC TOTAL	-30.17%	81	116	+76.12%	1,143	649

The Cadillac Society Take

After 11 consecutive months of growth, Cadillac Mexico sales decreased for the first time in November with a not-insignificant 30 percent drop. The performance reflects the impact of the semiconductor shortage, which has not only affected the sales volume of the XT4 and XT5 crossovers but has also resulted in a decline in Cadillac Escalade inventory in the Latin country.

The full-size luxury SUV, which also serves as Cadillac’s flagship model, experienced its first drop in sales volume over the past year in Mexico. The the arrival of the all-new, fifth-generation Escalade in the final quarter of 2020 has been fueling the brand’s healthy growth. Even so, the Escalade maintains very healthy, triple-digit growth in cumulative sales and is by far the best-selling Cadillac vehicle in the Latin American country.

Meanwhile, production of the Cadillac XT4 resumed on September 20^th at the Fairfax plant in Kansas, while production of the Cadillac XT5 and XT6 finally resumed at the Spring Hill Assembly plant on December 6^th, after being down for most of the 2021 calendar year. We expect sales of Cadillac’s crossover line to begin a steady recovery starting in the first quarter of 2022.