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Cadillac Korea Sales Decrease 65 Percent In October 2019

Cadillac Korea sales decreased 65 percent to 91 units in October 2019.

Individual model sales performance was as follows:

In the first ten months of 2019, Cadillac Korea sales decreased 15 percent to 1,428 units.

Sales Results - October 2019 - South Korea - Cadillac

MODELOCT 2019 / OCT 2018OCTOBER 2019OCTOBER 2018YTD 2019 / YTD 2018 YTD 2019YTD 2018
ATS-96.77% 131-56.49%67 154
CT6-76.52% 31132-38.34%439 712
CTS-52.78% 1736+8.98%182 167
ESCALADE-38.46% 813+37.70%263 191
XT5-27.66% 3447+4.84%477 455
CADILLAC TOTAL-64.86% 91259-14.95%1,428 1,679

The GM Authority Take

The drastic sales decrease that Cadillac Korea has registered in October not only accentuates the negative trend suffered by the brand in the country, but also represents its worst result so far in 2019. In fact, last month’s decline was so strong that Cadillac sold less than 100 units for the first time in the last two years. After three months of recording contractions above 30 percent, the year-to-date sales in the first 10 months of 2019 also showed a considerable double-digit drop.

This negative result is due to the fact that all Cadillac models sold in South Korea suffered double-digit sales drops in October, with sedans being the most affected. Once again, the Cadillac CT6 suffered the most, greatly affecting Cadillac Korea sales last month. The prestigious sedan sold four times less units than in October 2018, when it was the brand’s best-selling model in that country. Although we don’t know the exact reason, we believe that this is a consequence of reduced inventory of redesigned CT6 models in South Korea.

About The Numbers

  • All percent change figures compared to Cadillac Korea sales in October 2018, except when noted
  • South Korea sales figures reflect actual vehicle registrations rather than wholesales

Further Reading & Sales Reporting

Deivis is an engineer with a passion for cars and the global auto business. He is constantly investigating about GM's future products.

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Comments

  1. Thank you for writing! It is very easy to understand and detail. I find it interesting, I hope you continue to have such good posts.

    Reply
  2. It is hard to believe that the sales of Cadillac Korea plummeted to such a low level. The company should find out all the possible reasons for this decrease. If I were in the sales department of Cadillac I would ask an expert to write my book report for me on this fell so that I would be able to recover from this loss.

    Reply
  3. I hope the sale department have already assigned new expert for investigating the reasons of decreasing the price. I like this site https://www.bestfreesexgames.co.uk very much for many unique contents.

    Reply

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