Home » Cadillac China Sales Jump 50 Percent In Q2 2023

Cadillac China Sales Jump 50 Percent In Q2 2023

Cadillac China Sales Jump 50 Percent In Q2 2023

Cadillac China sales increased 50 percent to 55,500 units during the second quarter of 2023.

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

  • China regained its position as the Cadillac’s biggest volume market by sales volume, outperforming the United States in Q2
  • The CT5 strengthened its competitive position by extending its lead as Cadillac’s most popular model in China
    • The midsize sedan posted record sales of nearly 26,000 units, up a dramatic 120 percent
  • Cadillac XT5 sales increased 39 percent
  • Cadillac CT4 sales increased 34 percent
  • The all-new Cadillac Lyriq is seeing increasing popularity and continued its momentum as China’s first Ultium-powered vehicle
  • Product offensive comprising the all-new GT4 crossover, all-new CT6 and refreshed XT4 to continue to boost Cadillac sales in China

During the first six months of the 2023 calendar year, Cadillac China sales increased five percent to 88,000 units.

Sales Results - Q2 2023 - China - Cadillac

MODELQ2 2023 / Q2 2022Q2 2023Q2 2022YTD 2023 / YTD 2022 YTD 2023YTD 2022
CADILLAC TOTAL+50.41% 55,50036,900+4.64%88,000 84,100

The Cadillac Society Take

The significant increase in Cadillac China sales during the second quarter of the year means that the Asian country has regained its position as the marque’s largest market by volume, after being surpassed by the United States in Q1 2023. The performance represents a drastic improvement from the 32,500 units delivered in the first quarter of this year and 18,600 units more than Q2 2022.

While Cadillac China doesn’t release sales results on a per model basis, it did report that the Cadillac CT5 was the main driver of Q2 sales growth. The sedan performed exceptionally well, strengthening its position as the brand’s best-selling vehicle in the Chinese market by achieving  a very high volume of nearly 26,000 units, nearly half of Cadillac’s total sales in the quarter.

In addition, the luxury marque shared that the Cadillac XT5 and CT4 also saw healthy increases in registrations, though it didn’t disclose any concrete sales figures. For its part, the all-new Cadillac Lyriq seems to have posted an improvement in sales over the prior quarter, which represented the first full quarter that the electric crossover was for sale in China.

About The Numbers

Further Reading & Sales Reporting

Written by
Engineer with a passion for cars and strategic automotive planning.

3 Comments

  1. It is shameful that China imports and assembles more Cadillacs than all of the U.S. which has many ignorant buyers still believing that other foreign luxury cars are better than Cadillacs. Those buyers are not true Americans!

    Reply
  2. Agreed

    Reply
  3. But isn’t Cadillac in China a joint venture with a local company (so only half the per-vehicle profit)? And what if the Party decides to nationalize the joint venture’s assets?

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Lost Password

Please enter your username or email address. You will receive a link to create a new password via email.

Sign Up