Cadillac sold 18,096 new vehicles globally in February, as the brand continued its focus on building a stronger foundation for growth. Cadillac now enters a period of key product launches in its largest markets, expanding its portfolio and reinforcing the rising stature of the brand.
Initial deliveries of the all-new CT6 flagship sedan begin globally in March, followed closely by the first-ever XT5 luxury crossover which enters the luxury market’s strongest segment.
Cadillac’s February sales grew slightly in the U.S., while results in China were down 16 percent for the month, as the company phases out the importation to that market of the popular SRX crossover, in preparation for the all-new XT5 crossover. Cadillac closed 2015 as the fastest growing luxury brand in China. In February, Cadillac’s sales in Canada - its third largest market - continued to grow, increasing 44.5 percent in February.
According to J.D. Power data from mid-February, the average transaction price of a new Cadillac topped $54,000 in the U.S., highest among mainstream luxury brands. Strong demand in the domestic market has driven inventories lower as the brand prepares to launch two new product lines now.
Initial deliveries of the all-new CT6 flagship sedan begin globally in March, followed closely by the first-ever XT5 luxury crossover which enters the luxury market’s strongest segment.
Cadillac’s February sales grew slightly in the U.S., while results in China were down 16 percent for the month, as the company phases out the importation to that market of the popular SRX crossover, in preparation for the all-new XT5 crossover. Cadillac closed 2015 as the fastest growing luxury brand in China. In February, Cadillac’s sales in Canada - its third largest market - continued to grow, increasing 44.5 percent in February.
According to J.D. Power data from mid-February, the average transaction price of a new Cadillac topped $54,000 in the U.S., highest among mainstream luxury brands. Strong demand in the domestic market has driven inventories lower as the brand prepares to launch two new product lines now.
