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BMW Outsells Cadillac More Than Twofold During Q2 2024

Cadillac recorded 38,455 new vehicle deliveries during the second quarter of 2024 in the U.S. The results are flat compared to those during the year-ago quarter, with the battery electric Lyriq stealing the show with a massive jump in sales to nearly 7,300 units. Taken at face value, the results are pretty good, especially for the Lyriq, but how do they compare to one of Cadillac’s primary rivals in the luxury space – BMW?

Sales Comparison - Cadillac vs. BMW - USA - Q2 2024
Cadillac Model Cadillac Sales BMW Sales BMW Model
CT4 1,768 2,898 2 Series
CT5 3,841 16,813 3/4 Series
XT4 5,154 6,503 X1/X2
XT5 5,890 20,401 X3/X4
XT6 4,439 20,876 X5/X6
Lyriq 7,294 3,645 iX
Escalade 10,069 7,394 X7
Direct segments total1 38,455 78,530
All segments total2 38,455 91,238
  1. Total includes limited models where Cadillac and BMW compete directly.
  2. Total includes models offered by BMW with which Cadillac does not compete.

During the same quarter, the BMW brand recorded 91,237 new vehicle deliveries – outselling Cadillac more than twofold. Granted, Cadillac has a smaller vehicle portfolio than BMW, as the former has no rivals to the 5 Series, 7 Series, 8 Series, XM or the Z4 roadster. Regardless, limiting the comparison to segments where the two luxury marques compete directly nets the German brand 78,530 deliveries, nearly twice as much as Caddy. In other words, about two BMWs were sold for every one Cadillac during Q2 2024 in Cadillac’s home market.

This turn of events shows that Cadillac not only lacks a complete model lineup to go head-to-head with BMW, but that it’s also losing to the German brand in most segments where the two compete directly. In fact, BMW outsells Cadillac in all but two segments: full-size luxury SUVs (Escalade vs. X7) and D-segment electric SUVs (Lyriq vs. iX). As Cadillac Society reported earlier this year, the fact that a BMW model (X7) now makes up around 70 percent of Escalade sales might be worrisome for Cadillac, given the importance of the Escalade for its sales volume and financial health. Here’s to hoping that Caddy’s upcoming EV offensive turns this rather unfavorable position on its head.

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Reference Sales Data

Sales Results - Q2 2024 - USA - Cadillac

MODELQ2 2024 / Q2 2023Q2 2024Q2 2023YTD 2024 / YTD 2023 YTD 2024YTD 2023
CT4-35.10% 1,7682,724-35.58%3,502 5,436
CT5-28.82% 3,8415,396-31.29%6,863 9,989
ESCALADE+38.60% 10,0697,265+50.17%19,204 12,788
ESCALADE ESV-100.00% 04,290-100.00%0 7,995
LYRIQ+441.10% 7,2941,348+465.37%13,094 2,316
XT4-10.11% 5,1545,734-19.78%10,033 12,507
XT5-13.57% 5,8906,815-13.72%12,165 14,100
XT6-16.32% 4,4395,305-10.15%9,045 10,067
CADILLAC TOTAL-1.09% 38,45538,877-1.72%73,906 75,198

Sales Results - Q2 2024 - USA - BMW Automobiles

MODELQ2 2024 / Q2 2023Q2 2024Q2 2023YTD 2024 / YTD 2023 YTD 2024YTD 2023
2 SERIES+3.32% 2,8982,805+53.68%6,436 4,188
3 SERIES-25.31% 5,7257,665-1.94%14,137 14,416
4 SERIES-19.45% 11,08813,765-22.62%19,935 25,762
5 SERIES+6.64% 7,7887,303-1.21%14,660 14,839
7 SERIES+10.17% 2,5462,311-1.12%5,138 5,196
8 SERIES-4.15% 1,4111,472-5.55%2,875 3,044
I3* 0**1 0
IX-14.27% 3,5454,135+0.06%6,490 6,486
X1+39.01% 5,6054,032+61.28%11,617 7,203
X2+1,325.38% 89863+934.04%1,458 141
X3+43.24% 18,10112,637+24.67%34,589 27,745
X4+20.23% 2,3001,913+7.26%4,686 4,369
X5+0.55% 18,67718,575-6.38%33,600 35,890
X6-15.81% 2,1992,612-23.79%3,733 4,898
X7+3.07% 7,3947,174+2.92%14,351 13,944
XM-29.53% 537762-7.94%1,078 1,171
Z4-27.49% 525724-17.29%928 1,122
BMW TOTAL+3.74% 91,23787,948+3.11%175,712 170,414
Alex Luft

Alex is the founder of Cadillac Society. He has a deep passion for automotive business strategy and enjoys driving his ATS sedan on twisty mountain roads.

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