Article Type

Cadillac Mexico Sales Fell 17 Percent In April 2024

Cadillac Mexico sales decreased 17 percent to 96 units in April 2024 compared to April 2023.

Individual model sales performance was as follows:

During the first four months of the 2024 calendar year, Cadillac Mexico sales increased 13 percent to 396 units.

Sales Results - April 2024 - Mexico - Cadillac

MODELAPR 2024 / APR 2023APRIL 2024APRIL 2023YTD 2024 / YTD 2023 YTD 2024YTD 2023
ESCALADE+15.94% 8069+38.12%308 223
LYRIQ* 3**26 *
XT4-100.00% 023-98.46%1 65
XT5-43.48% 1323-1.61%61 62
CADILLAC TOTAL-16.52% 96115+13.14%396 350

The Cadillac Society Take

After experiencing three consecutive months of increases, Cadillac Mexico sales suffered a double-digit decline in April. The setback becomes the first negative result recorded by the luxury marque thus far during the 2024 calendar year.

The solid performance of the Cadillac Escalade was not enough to overcome the drastic drop in Cadillac XT4 sales. The compact crossover went from recording an outstanding month in April 2023 to the point of not selling a single unit a year later, subtracting 19 deliveries on a year-over-year basis. Simply put, the brand ran out of inventory of the 2023 XT4 while the refreshed 2024 XT4 just began to arrive in Mexico.

The Cadillac XT5 also recorded a considerable year-over-year drop, further contributing to the marque’s poor performance. Meanwhile, the new Cadillac Lyriq continues to have no impact among Mexican customers, seeing fairly low sales volume. In fact, far from gradually increasing its volume after its local launch, the all-electric crossover once again recorded a decline on a month-over-month basis (five sales in March 2024 compared to three in April).

About The Numbers

Further Reading & Sales Reporting

Deivis Centeno

Engineer with a passion for cars and strategic automotive planning.

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