Cadillac CT5 Sales Leap 269 Percent During Q3 2022

November 4, 2022 7:56 pm

Cadillac CT5 sales increased in the United States and Canada during the third quarter of 2022.

Cadillac CT5 Sales - Q3 2022 - United States

In the United States, Cadillac CT5 deliveries totaled 2,991 units in Q3 2022, an increase of about 269 percent compared to 811 units sold in Q3 2021.

In the first nine months of the year, CT5 sales increased about 38 percent to 10,505 units.

MODEL	Q3 2022 / Q3 2021	Q3 2022	Q3 2021	YTD 2022 / YTD 2021	YTD 2022	YTD 2021
CT5	+268.81%	2,991	811	+37.57%	10,505	7,636

Cadillac CT5 Sales - Q3 2022 - Canada

In Canada, Cadillac CT5 deliveries totaled 325 units in Q3 2022, an increase of about 75 percent compared to 186 units sold in Q3 2021.

In the first nine months of the year, CT5 sales decreased about 7 percent to 726 units.

MODEL	Q3 2022 / Q3 2021	Q3 2022	Q3 2021	YTD 2022 / YTD 2021	YTD 2022	YTD 2021
CT5	+74.73%	325	186	-6.80%	726	779

Competitive Sales Comparison (USA)

Cadillac CT5 sales during the third quarter of 2022 placed the luxury sedan mid-pack in a crowded segment of 15 entries. The BMW 4 Series earned first with a solid 149 percent jump in sales to 9,377 units, while the Mercedes-Benz C-Class slipped to second place with a 20 percent decrease to 8,980 units. BMW’s other entry, the 3 Series, placed third with a 61 percent drop to 5,337 units, while the Lexus IS took a very close fourth with a 21 percent decline to 5,320 units, within just 17 deliveries of the 3 Series. Audi’s two entries, the A4 and A5, took the next two spots, with the A5 placing fifth with a 56 percent jump to 4,953 units and the A4 placing sixth with a 52 percent jump to 3,542. The Genesis G70 followed in seventh with a nine percent increase to 3,190 units, while the Cadillac CT5 took eighth place with a 269 percent leap to 2,991 units.

Sales Numbers - D-Segment Luxury Cars - Q3 2022 - USA

MODEL	Q3 22 / Q3 21	Q3 22	Q3 21	Q3 22 SHARE	Q3 21 SHARE	YTD 22 / YTD 21	YTD 22	YTD 21
BMW 4 SERIES	+148.60%	9,377	3,772	19%	6%	+43.53%	23,402	16,305
MERCEDES-BENZ C-CLASS	-20.45%	8,980	11,289	18%	19%	-37.68%	18,124	29,084
BMW 3 SERIES	-60.73%	5,337	13,591	11%	22%	-47.37%	19,667	37,367
LEXUS IS	-21.38%	5,320	6,767	11%	11%	-18.99%	16,331	20,160
AUDI A5	+55.66%	4,953	3,182	10%	5%	-6.02%	13,577	14,447
AUDI A4	+52.41%	3,542	2,324	7%	4%	-25.47%	10,825	14,525
GENESIS G70	+8.87%	3,190	2,930	6%	5%	+28.93%	9,952	7,719
CADILLAC CT5	+268.81%	2,991	811	6%	1%	+37.57%	10,505	7,636
ACURA TLX	-72.98%	2,032	7,520	4%	12%	-60.08%	9,154	22,932
ALFA ROMEO GIULIA	-26.89%	1,338	1,830	3%	3%	-40.10%	3,662	6,114
VOLVO S60	-43.06%	1,308	2,297	3%	4%	-41.77%	4,570	7,848
LEXUS RC	-21.41%	800	1,018	2%	2%	-28.31%	1,950	2,720
INFINITI Q50	-82.32%	513	2,902	1%	5%	-62.84%	4,230	11,384
INFINITI Q60	-64.79%	238	676	0%	1%	-25.48%	1,641	2,202
VOLVO V60	+386.05%	209	43	0%	0%	+132.52%	951	409
TOTAL	-17.76%	50,128	60,952			-26.04%	148,541	200,852

Sales Numbers - D-Segment Luxury Cars - Q2 2022 - USA

MODEL	Q2 22 / Q2 21	Q2 22	Q2 21	Q2 22 SHARE	Q2 21 SHARE	YTD 22 / YTD 21	YTD 22	YTD 21
MERCEDES-BENZ C-CLASS	-14.35%	8,650	10,099	17%	13%	-48.61%	9,144	17,795
BMW 4 SERIES	-14.22%	6,646	7,748	13%	10%	+11.90%	14,025	12,533
LEXUS IS	-12.44%	6,449	7,365	12%	10%	-18.53%	10,911	13,393
BMW 3 SERIES	-56.98%	6,174	14,350	12%	19%	-39.73%	14,330	23,776
AUDI A5	-29.33%	4,783	6,768	9%	9%	-23.65%	8,624	11,295
CADILLAC CT5	+70.18%	4,171	2,451	8%	3%	+10.10%	7,514	6,825
ACURA TLX	-55.44%	4,131	9,271	8%	12%	-53.79%	7,122	15,412
AUDI A4	-51.89%	3,430	7,130	7%	9%	-40.31%	7,283	12,201
GENESIS G70	+50.88%	2,749	1,822	5%	2%	*	0	0
INFINITI Q50	-69.19%	1,288	4,180	2%	5%	-56.18%	3,717	8,482
ALFA ROMEO GIULIA	-46.87%	1,179	2,219	2%	3%	-45.75%	2,324	4,284
VOLVO S60	-55.71%	884	1,996	2%	3%	-41.23%	3,262	5,550
LEXUS RC	-25.51%	689	925	1%	1%	-32.43%	1,150	1,702
INFINITI Q60	-24.40%	635	840	1%	1%	-8.06%	1,403	1,526
VOLVO V60	+93.90%	159	82	0%	0%	+102.73%	742	366
VOLVO V60 CC	-41.00%	141	239	0%	0%	*	0	0
TOTAL	-32.69%	52,158	77,485			-32.25%	91,551	135,140

From a segment share standpoint, the CT5 posted a six percent share, up five percentage points year-over-year. The segment-leading 4 Series held a 19 percent share, up a segment-leading 13 percentage points, while the second place C-Class posted an 18 percent segment share, down one percentage point. The 3 Series held an 11 percent share, down a segment-worst 11 percentage points. The A5 held a 10 percent share, up five percentage points, and the A4 held a seven percent share, up three percentage points. The G70 posted a six percent share, up one percentage point.

Below, we’re providing a summary of segment sales per brand:

BMW: 14,714 units / 30 percent share
Audi: 8,495 units / 17 percent share
Lexus: 6,120 units / 13 percent share
Infiniti: 751 units / 1 percent share
Volvo: 1,517 units / 3 percent share

Combining both BMW entries in the segment, the 3 Series and 4 Series, gave the German automaker 14,714 sales for a 30 percent segment share, cementing its top billing.

Sales Numbers - BMW D-Segment Luxury Cars - Q3 2022 - USA

MODEL	Q3 22 / Q3 21	Q3 22	Q3 21	Q3 22 SHARE	Q3 21 SHARE	YTD 22 / YTD 21	YTD 22	YTD 21
BMW 3 SERIES	-60.73%	5,337	13,591	36%	78%	-47.37%	19,667	37,367
BMW 4 SERIES	+148.60%	9,377	3,772	64%	22%	+43.53%	23,402	16,305
TOTAL	-15.26%	14,714	17,363			-19.76%	43,069	53,672

Combined sales of the Audi A4 and A5 gave the German automaker 8,495 deliveries for a 17 percent segment share to nip at the heels of second-place Mercedes.

Sales Numbers - Audi D-Segment Luxury Cars - Q3 2022 - USA

MODEL	Q3 22 / Q3 21	Q3 22	Q3 21	Q3 22 SHARE	Q3 21 SHARE	YTD 22 / YTD 21	YTD 22	YTD 21
AUDI A4	+52.41%	3,542	2,324	42%	42%	-25.47%	10,825	14,525
AUDI A5	+55.66%	4,953	3,182	58%	58%	-6.02%	13,577	14,447
TOTAL	+54.29%	8,495	5,506			-15.77%	24,402	28,972

Both Lexus entries, the IS and its two-door coupe derivative, the RC, enabled the Japanese automaker to post a combined 6,120 sales for a 13 percent segment share and put the automaker in third place in the segment.

Sales Numbers - Lexus D-Segment Luxury Cars - Q3 2022 - USA

MODEL	Q3 22 / Q3 21	Q3 22	Q3 21	Q3 22 SHARE	Q3 21 SHARE	YTD 22 / YTD 21	YTD 22	YTD 21
LEXUS IS	-21.38%	5,320	6,767	87%	87%	-18.99%	16,331	20,160
LEXUS RC	-21.41%	800	1,018	13%	13%	-28.31%	1,950	2,720
TOTAL	-21.39%	6,120	7,785			-20.10%	18,281	22,880

Infiniti’s two entries, the Q50 and, its two-door coupe variant, the Q60, gave the Japanese automaker a combined 751 deliveries for a just a one percent segment share.

Sales Numbers - Infiniti D-Segment Luxury Cars - Q3 2022 - USA

MODEL	Q3 22 / Q3 21	Q3 22	Q3 21	Q3 22 SHARE	Q3 21 SHARE	YTD 22 / YTD 21	YTD 22	YTD 21
INFINITI Q50	-82.32%	513	2,902	68%	81%	-62.84%	4,230	11,384
INFINITI Q60	-64.79%	238	676	32%	19%	-25.48%	1,641	2,202
TOTAL	-79.01%	751	3,578			-56.79%	5,871	13,586

Volvo’s two entries, the S60 and V60, gave the Swedish automaker a combined 1,517 sales for a mere three percent segment share.

Sales Numbers - Volvo D-Segment Luxury Cars - Q3 2022 - USA

MODEL	Q3 22 / Q3 21	Q3 22	Q3 21	Q3 22 SHARE	Q3 21 SHARE	YTD 22 / YTD 21	YTD 22	YTD 21
VOLVO S60	-43.06%	1,308	2,297	86%	98%	-41.77%	4,570	7,848
VOLVO V60	+386.05%	209	43	14%	2%	+132.52%	951	409
TOTAL	-35.17%	1,517	2,340			-33.14%	5,521	8,257

The D-segment luxury car segment contracted 18 percent to 50,128 units in Q3 2022, meaning CT5 sales significantly outperformed the segment average.

The GM Authority Take

Cadillac CT5 sales leapt year-over-year thanks to resumed production and the resulting improvements in inventory. Sales, however, were down compared to last quarter due to yet more delays, and CT5 assembly is often hampered by the ongoing global semiconductor microchip shortage. To wit, production was halted for a week in April at the GM Lansing Grand River plant in Michigan due to a parts shortage.

Even 2023 Cadillac CT5 production was pushed back a week before being down another week due to a supplier-related parts shortage. The constrained supply is severely limiting Cadillac CT5-V production capacity for the remainder of the 2023 model year. The Cadillac CT5-V occupies an important place in the nameplate’s lineup, offering more performance than the regular CT5, but not going quite as far as the fire-breathing CT5-V Blackwing, itself also highly constrained.

The centerpiece of the Cadillac CT5-V is the twin-turbocharged 3.6L V6 LGY gasoline engine, which is rated at 360 horsepower and 405 pound-feet of torque. Output is routed through the GM 10-speed automatic transmission, with rear-wheel-drive being standard and all-wheel-drive an option.

Meanwhile, the high-performance CT5-V Blackwing is an absolute beast of a machine producing a mean, defined exhaust note thanks to its tried-and-true supercharged 6.2L LT4 V8 gasoline engine, cranking out 668 horsepower and 659 pound-feet of torque. In fact, prior to the arrival of the Escalade-V, the CT5-V Blackwing was the most powerful Cadillac ever made. The 2023 Cadillac CT5-V Blackwing can be paired with a six-speed manual transmission or the 10-speed auto. It puts power to pavement via the rear wheels only, unlike the rest of CT5 trim levels that offer optional all-wheel-drive. The Blackwing also doesn’t offer GM’s vaunted Super Cruise semi-autonomous driver assistance system like the other trims.

The 2023 Cadillac CT5 arrives with just a handful of changes and updates over the 2022 model, including a new Driver Assist Package as standard and Bronze Accent Package on the CT5 as well as on the CT5-V. However, the CT5 will lose the Diamond Sky Special Edition Package. All first-generation Cadillac CT5 models are underpinned by the GM Alpha 2 platform.

Notable changes for the 2023 Cadillac CT5-V Blackwing include a whopping $7,000 price increase, the addition of the GM Super Cruise semi-autonomous driver assist system to the options list, the addition of a new standard vehicle wrap as an alternative to the available enclosed shipping carrier option, and the launch of the new 120^th Anniversary Edition to commemorate the founding of the luxury marque in 1902. The release of the special edition follows last year’s Collector Series, which stands apart from the rest of the lineup as the first 250 CT5-V Blackwing units produced.

We’re convinced that sales of the CT5 would soar if GM could just build enough of its compact luxury sedan.

About The Numbers

All percent change figures compared to Cadillac CT5 sales for Q3 2021, unless noted otherwise
In the United States, there were 77 selling days for Q3 2022 and 77 selling days for Q3 2021
Cadillac CT5 sales include those of CT5, CT5-V and CT5-V Blackwing
GM Q3 2022 sales reports:
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