Cadillac’s posted total global sales of 20,625, a 2.2% increase following the 7.5 % growth of 2015. Calling Cadillac global is exaggerating to the point of absurdity, though. The United States at 10,740 and China at 8,337 accounted for 92% of the total. In the EU – home of luxury powerhouse BMW, Mercedes-Benz, Porsche and Ferrari – Cadillac sold 93, yes 93 vehicles.
According the J.D. Power, the average transaction price of a new Cadillac topped $55,000 in the U.S. in January, highest among full-line luxury brands. Production of the new CT6 in the Detroit-Hamtramck Assembly Plant begins this month for what will be the most expensive Cadillac.
“Newcomers to the brand continue to express surprise and delight at the dramatically elevated product substance in the new generation of Cadillac products, resulting in them selecting well-equipped, high-end models. This drives up transaction prices,” claims Cadillac President Johan de Nysschen.
Concurrently, the first-ever XT5 is being prepared for production at a newly commissioned line in Spring Hill, Tenn. The mid-size XT5 is part of a new series of Cadillac crossovers, all with the “XT” designation, with the number indicating relative size. SRX is Cadillac’s best-selling product line.