Cadillac Canada sales increased 38 percent to 4,173 units during the third quarter of 2022.
Individual model sales performance was as follows:
During the first nine month of the 2022 calendar year, Cadillac Canada sales were flat at 11,411 units.
MODEL | Q3 2022 / Q3 2021 | Q3 2022 | Q3 2021 | YTD 2022 / YTD 2021 | YTD 2022 | YTD 2021 |
---|---|---|---|---|---|---|
CT4 | -4.00% | 192 | 200 | -24.26% | 484 | 639 |
CT5 | +74.73% | 325 | 186 | -6.80% | 726 | 779 |
CT6 | * | 0 | 0 | 0.00% | 2 | 2 |
ESCALADE | -20.92% | 722 | 913 | -6.20% | 2,073 | 2,210 |
ESCALADE ESV | +13.67% | 241 | 212 | +10.53% | 672 | 608 |
XT4 | +388.19% | 1,157 | 237 | +51.18% | 3,087 | 2,042 |
XT5 | +29.00% | 1,121 | 869 | -14.28% | 3,217 | 3,753 |
XT6 | +2.72% | 415 | 404 | -16.49% | 1,150 | 1,377 |
CADILLAC TOTAL | +38.13% | 4,173 | 3,021 | -0.10% | 11,411 | 11,422 |
After enduring four consecutive quarters of sales declines, Cadillac Canada sales experienced a healthy increase during the third quarter of 2022. The increase was the result of a significant improvement in production and ensuing inventory availability at dealerships. With this, the luxury brand recovered 1,152 units compared to the result of the third quarter of 2021, maintaining the volume momentum that began in Q2 2022.
The sales growth during Q3 was led by the Cadillac XT4, which not only posted the highest growth rate in the portfolio but was also the brand’s best-selling model during the quarter. The Cadillac XT5 followed closely behind in second place thanks to a healthy double-digit increase year-over-year. The CT5, Escalade ESV and XT6 were also in the green.
By contrast, the Cadillac Escalade and CT4 were in the red during the quarter. The full-size SUV suffered its second quarterly drop since the launch of the fifth-generation model in Canada. In fact, Q3 was the second consecutive quarter that both the Cadillac XT4 and XT5 outsold the Escalade in the Canadian market.
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