Along with being manufactured in Oshawa, Ontario for the North American market, the Cadillac XTS sedan will begin production in China, for the Chinese market.
The Chinese-spec XTS is priced between RMB 349,900 ($56,000) to RMB 569,900 ($91,000) and offers five variants with two engine options — a 2.0L turbocharged four cylinder and the familiar 3.6L V6 LFX engine. Local assembly will let the car avoid the heavy tariffs put on imported vehicles.
It should also help that Cadillac’s Chinese dealer network has grown to more than 150 locations, nearly double what it was a year ago, with plans to have as many as 250 dealerships in the next two years. With the locally-built XTS and the fortified dealer network, Cadillac hopes to break 100,000 annual sales in China by 2015 — more than three times the 30,000 odd sales observed in 2012.