Cadillac Global Sales Rise 44.2% In January
February 2, 2017 by CadillacCadillac sold 29,764 vehicles in January, a 44.2 percent increase. This is the eighth consecutive month of double-digit percentage increases for Cadillac. Driven by the new XT5, Cadillac sales in the midsize luxury crossover category – the industry's strongest segment -- grew 51.7%. The XT5 sold 11,880 units in January. Cadillac's ATS sport sedan and coupe product line rose 63.8%, and the XTS luxury sedan saw sales increase 29.3%. Cadillac continued its massive growth in China, the world's largest market, with sales rising 116% in January. In the U.S., Cadillac retail sales increased 1.2%. However total U.S. sales declined overall (4.1%) driven by a reduction in sales to commercial fleet customers. 'Cadillac begins 2017 with a continuation of the robust global growth of 2016, a year in which we sold more products worldwide than any point in the past three decades,' said Cadillac President Johan de Nysschen. 'We are growing the business significantly and attracting a youthful and affluent demographic, elevating the aspirational character of the brand. This is particularly the case in China, where our growth is explosive and sustained.'
posted on conceptcarz.com
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