Sudden Unscheduled Cadillac Chat

[Bruce Nunnally]

I will have a conflict tomorrow night, and next week, and I hate to go 2 weeks without a chat so I am loading the hangouts and will post a chat next.

 

https://hangouts.google.com/hangouts/_/hoaevent/AP36tYeglifGdm-G2rBIMaWdrsAKViUCxGhGO474cpWBgxqbrhnUVQ?hl=en&authuser=0

 

 

[Bruce Nunnally]

Cadillac sold 25,785 new vehicles globally in June, an increase of 13.8 percent driven by the brand’s two all-new products, the CT6 prestige sedan and XT5 luxury crossover.

Strong growth in the brand’s three largest markets fueled the June global sales increases. U.S. sales increased 5.5 percent for the month, accompanied by gains of 33.7 percent in China and 13.5 percent in Canada. For the year to date, Cadillac sales in China are up 16.2 percent.

The new 2017 XT5 luxury crossover model sold 6,719 units in June, which was just its third month of sales in the U.S. and its second month in most export markets. The critically acclaimed CT6 prestige sedan registered its highest sales since its launch earlier this year, benefitting from an acceleration in its production rate. Escalade sales surged more than 15 percent in June, as well.

In the U.S., the brand experienced volume growth while continuing to earn a more premium position in the marketplace. Cadillac average transaction prices were $54,279 (according to J.D. Power Information Network, June 12), the highest among full-line luxury brands.

“Earning higher transaction prices in the market indicates the rising stature of Cadillac in consumers’ minds,” said Cadillac President Johan de Nysschen. “Elevating all aspects of the business, driven by rising product substance, is our disciplined approach to global expansion. In doing so, we can truly earn incremental volume growth as we build brand prestige.”

Cadillac sales in key regions appear in the table below. 

GLOBAL SALES BY PRODUCT LINE
	June-16	June-15	% Change	YTD-16	YTD-15	% Change
ATS	5,201	5,509	(5.6)	25,969	28,925	(10.2)
CTS	1,782	1,826	(2.4)	9,516	11,194	(15.0)
ELR	96	65	47.7	504	614	(17.9)
XTS	3,937	3,755	4.8	25,155	24,844	1.3
CT6	1,516	0	NEW	3,591	0	NEW
SRX	2,918	8,360	(65.1)	32,669	46,062	(29.1)
XT5	6,719	0	NEW	11,381	0	NEW
Escalade	3,616	3,134	15.4	20,383	19,462	4.7
Other	0	11	-	0	14	-
Total	25,785	22,660	13.8	129,168	131,115	(1.5)
GLOBAL SALES BY COUNTRY
	June-16	June-15	% Change	YTD-16	YTD-15	% Change
United States	14,263	13,515	5.5	73,231	80,899	(9.5)
China*	9,552	7,147	33.7	45,818	39,444	16.2
Canada	1,126	992	13.5	5,458	5,663	(3.6)
Middle East	450	528	(14.8)	1,992	2,723	(26.8)
Mexico	118	148	(20.3)	805	857	(6.1)
EU** & Russia	159	171	(7)	991	701	41.4
ROW	117	159	(26.4)	873	828	5.4
Total	25,785	22,660	13.8	129,168	131,115	(1.5)

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*China 2016 retail sales
**Europe sales are estimated, do not include Chevrolet Corvette and Camaro (which are offered in some European Cadillac dealerships.)

[Bruce Nunnally]

 

[Bruce Nunnally]

This week's chat b/c I won't be on tomorrow and I won't be on our chat for next week due to a conflict. 

Cadillac Global Sales vs US Sales for June.  A/C Repair and how to get help.  New reinforced intercooler brick.

[Bruce Nunnally]

And the podcast is up: http://www.caddyinfo.com/wordpress/podcast/cadillac-global-sales-up-in-3-languages-s4e23/