2025 Cadillac Lyriq With Right-Hand Drive Officially Announced In Japan
Scheduled for a Spring 2025 launch.
Read More »Cadillac Lyriq sales recorded their first-ever first quarter sales figures during Q1 2023.
| MODEL | Q1 2023 / Q1 2022 | Q1 2023 | Q1 2022 |
|---|---|---|---|
| LYRIQ | * | 968 | * |
| MODEL | Q1 2023 / Q1 2022 | Q1 2023 | Q1 2022 |
|---|---|---|---|
| LYRIQ | * | 52 | * |
Cadillac Lyriq sales during the first quarter of 2023 placed the electric crossover in third place in the electric luxury D-crossover segment when ranked by sales volume. The Tesla Model Y earned first place with a 54 percent jump to 85,000 units, while the Audi e-tron placed second with a 48 percent decline to 1,053 units. The Cadillac Lyriq took third with 968 deliveries, nearly closing the gap on the Audi. The Jaguar I-Pace saw sales slip 51 percent to only 98 units, placing last. The Lyriq was not available during Q1 2022, so no year-over-year comparison is available.
| MODEL | Q1 23 / Q1 22 | Q1 23 | Q1 22 | Q1 23 SHARE | Q1 22 SHARE |
|---|---|---|---|---|---|
| TESLA MODEL Y | +54.55% | 85,000 | 55,000 | 98% | 96% |
| AUDI E-TRON | -48.08% | 1,053 | 2,028 | 1% | 4% |
| CADILLAC LYRIQ | * | 968 | * | 1% | 0% |
| JAGUAR I-PACE | -51.00% | 98 | 200 | 0% | 0% |
| TOTAL | +52.23% | 87,119 | 57,228 |
From a segment share standpoint, the Lyriq held a one percent share. The Model Y posted a dominant 98 percent segment share, up two percentage points, while the e-tron held a one percent share, down three percentage points. The I-Pace posted earned a share that’s less than one percent.
As a whole, the electric luxury D-crossover segment grew 52 percent to 87,119 units during Q1 2023, predominantly due to growth posted by the Tesla Model Y.
Though Cadillac Lyriq sales improved during the first quarter of 2023. In fact, these figures represent the Lyriq’s highest quarterly results in the U.S. market since launch. Despite that good news, the Lyriq is exponentially behind the Tesla Model Y in the sales volume race, entirely due to (nearly) non-existent inventory as a result of low production volumes.
As a reminder, production of the 2023 Cadillac Lyriq kicked-off on March 21st, 2022, at the GM Spring Hill plant in Tennessee, which GM upgraded as part of a $2 billion investment to bring the facility up to spec for electric vehicle production. Since then, GM has been struggling to produce the vehicle in any sizable quantities.
The good news, however, is that Lyriq assembly rates are on the rise. For instance, the Lyriq only saw 86 deliveries during Q4 2022 and 36 deliveries during Q3 2022. However, output during Q1 2023 was still constrained by the limited amount of Ultium batteries and Ultium Drive motors as GM works to increase supply via its Ultium Cells plants. Luckily, production of Ultium batteries and motors is ramping at the still-new Ultium Cells plant in Ohio. GM has also secured a $2.5 billion loan from the U.S. Department of Energy to finance the construction of three more battery plants:
Two other developments are working in the Lyriq’s favor. First is the Inflation Reduction Act, with the Cadillac Lyriq now qualifying for the $7,500 EV federal tax credit. Second is the recent announcement that GM electric vehicles, including the Lyriq, will be able to use the Tesla supercharger network starting in 2024.
As these developments combine with ramping Ultium motor and battery production, we expect to see substantial growth in Cadillac Lyriq sales in the coming quarters.
Introduced for the 2023 model year, the Cadillac Lyriq stands as the luxury marque’s first entry into the budding EV market.
The 2024 Cadillac Lyriq arrives with several important changes and updates. Among these is the introduction of new trim levels, Tech and Sport, with the Luxury trim level slotting between those per the Cadillac’s Y-trim level strategy. All three trim levels (Tech, Luxury, Sport) are available in the U.S. with either rear-wheel-drive or a new all-wheel-drive option. The all-new Cadillac Lyriq Sport AWD variant made its world debut in China.
Regardless of the trim level selected, Lyriq range-per-charge is estimated at 308 miles for rear-wheel-drive models, with motor output set at 340 horsepower and 325 pound-feet of torque, and 307 miles for all-wheel-drive models, with motor output set at 500 horsepower and 450 pound-feet of torque. The all-electric luxury crossover rides on the GM BEV3 platform.
The 2024 Cadillac Lyriq will be the first GM vehicle in North America to feature 5G network connectivity, standard on all trim levels. The 2024 Lyriq also gets a new power panoramic dual-panel sunroof along with a newly available Nappa Leather seating package, which is genuine leather made from calfskin or other types of soft cowhide. Smaller revisions can be found throughout, including the addition of the Rear Camera Mirror feature, 22-inch Dynamic Split Spoke Reverse Rim alloy wheels with a Polished Gloss Black finish, new paint colors and new seat colors, and – as GM Authority was first to report – flush mounted door handles.
Production of the 2024 Cadillac Lyriq got underway on May 4th, while production of the 2023 Cadillac Lyriq wound down on day earlier, on May 3rd. The online configurator tool is live for the 2024 Lyriq.
Scheduled for a Spring 2025 launch.
Read More »Headlight glare keeps it off Top Pick list.
Read More »At a time of year when luxury car ATP usually rises.
Sales decreased 5.6 percent to 16,670 units during the first ten months of 2024.
Specifically critical minerals supply chain development.
Scheduled for a Spring 2025 launch.
View Comments
What's with the stupid title? T1hey weren't building that many due to quality issues.
Title seems fine to me… they are waaay behind Tesla in sales.
Quality issues seems like a GM problem to me… GM is losing its competitive advantage in EVs with these slow rollouts.
Who said that the Tesla Model Y is luxury? It isn't even normal with such a spartan interior. My Equinox has more luxury !
Question: who said that Tesla Model Y is luxury?
Answer: the prices that actual, paying customers pay for these vehicles… that’s who.
Whether we like it or not, Tesla has run away with the sales crown. GM / gm better get all of its acts together and compete for real, be it quality, quantity, or something else.
It’s unacceptable that the lyriq is so far behind its primary rival. The lyriq has been launching for how long now… a year? And all they have to show for it is 1k units a quarter. Is this how gm will become #1 in EV sales volume?
These numbers were Q1. Not sure why they're reposting them, since Q2 just closed.
Should know the current run rate within a few days, but analysis of VIN data seems to suggest they're delivering hundred a week now.
My Jeep Wrangler is more luxurious than a Tesla, and has similar quality lol. I will only buy GM in the future.
Tell that to all the hundreds of thousands of poor souls out there dealing with GM's crappy 8-speed transmissions or failed lifters in V8 engines... or the thousands of Bolt owners still waiting to get their battery packs replaced. Tesla doesn't have good quality, but GM isn't a shining example of it either.
Ron. Thousands of Bolt owners no longer will get a new battery. Like me. I wanted gm to get cracking on the recall before they changed their minds.
They were already given the $Billion by LG. Now GM will just keep the money.
These articles always mess up the facts. We were told the 2014 2wd Lyriq went from the former 312 miles of the 2013 to 308 but now is 314. For the identical car, drivetrain, and battery.
I think the problem must be lack of addition and subtraction prowess. Maybe if GM would provide free night school for them, they finally might be able to count without taking their shoes off.
Actually, selling my 2021 Jeep Grand Cherokee Summit after 16K miles and ordered a 2024 Lyriq Luxury 3 trim. So many problems with that Jeep electronics system...and I'm a 3-time Jeep owner and also have a Ram Limited, so not a fad guy. We'll see how the Lyriq turns out. Like the one we test drove and ready to move on from the 19 MPG on the Jeep...and that was for a 2WD. I am concerned with the wait time, but we'll see how this one goes. Trying to stay American...and this is my first GM product in years. Have pre-paid for a Ram EV, but if this Lyriq turns out well, may have to look at the GM/Chevy EV truck.
correct...deposit on the Ram EV
While the product can certainly improve in many areas, customers are paying luxury car prices for Teslas.
Fools and their money are soon parted
With that I agree wholeheartedly
Just because you pay luxury prices doesn't make it luxury. You're paying for battery and performance. The Equinox EV will be a closer competitor to Model Y "luxury."
Just because "theflew" say that something isn't luxury in the comments doesn't make it "not luxury" in reality.
Hate it or love it, the market has spoken and Tesla is perceived as offering luxury products across the board. It's not a reality that I like either, but it is our reality nonetheless.
Apparently you don't know the difference between expensive and luxury. The Model Y is missing features cars half its price have available - 360 camera views, leather seats, cooled/ventilated seats, massage seats, cross traffic sensors, more than a handfull of paint colors, more than 2 interior colors, a sun shade, a driver information center in front of the driver.
All the things I mentioned above are basic. Tesla gives you a basic interior, AC/heat, power heated seats and a tablet display. What is luxury about that except for price category?
Not so sure Cadillac will build the Lyriq in sufficient numbers to even compete with the Model Y in terms of sales. As a matter of fact the Lyriq shouldn't be just another mass market EV like the Model Y.
The Lyriq isn't even the same class, being a mid-sized vehicle. The Equinox EV is a closer analog, in spite of the Y being classified as a "luxury" vehicle.
If anything the Lyriq is closer to the X, in both size and appointments, and could see sales numbers closer to that. But GMs approach spreads sales across far more models within a given size class. With Tesla, if you want a midsized SUV, you have only the relatively low volume and premium priced X. With GM, you have the Lyriq and Blazer, and eventually replacements for the GMC Acadia and Buick Enclave.
Then for the Y you have the Equinox and sub-Lyriq Cadillac that has been spotted recently, and whatever eventually replaces the Buick Envision and GMC Terrain.
Probably the biggest risk point for Tesla is where they currently have no answer within a segment. Large SUVs, love them or hate them, are very popular. GM will absolutely be following up the Hummer EV SUV and Cadillac Escalade IQ with volume vehicles.
The Cybertruck is coming as an answer in the pickup segment, but it remains to be seen how Tesla will perform arriving late to the game, especially with such a polarizing design. And for all of the talk of a Model 2, there has been no formal announcement, and it seems likely that there will be plenty of aubcompact EVs available by the time they actually produce one (including whatever GM comes up with, be it a Trax EV or an Ultium-powered Bolt).
While this chart is very embarrassing to GM, at least they made more than a handful.
LYRIQ remains the VALUE leader - having more storage capacity than the Audi ETRON which also beat it in sales - however the price of the 2023 LYRIQs, especially at the start - was a BIG BARGAIN.
I have my issues with the car, as far as features and layout go, but everything to date has worked on the car... I have not had to return to the dealership after a few thousand miles.
I've had a Tesla Roadster - but even that most unreliable car was less trouble prone than many later Teslas.... I probably will never get another one....
That is why I am rather partial to GM, - they turn out a more than semi-reliable product even in spite of themselves, MOST of the time.
Incidentally, electric 'camping' cookouts with a 2,000/4,000 watt inverter and 100' extension cord work flawlessly.. Bolts have a 120 amp alternator replacement, and it is barely enough since the draw is around 153 amperes with the car off and 135 amperes with the car on (off the 12 volt battery - actually somewhat more accessible than I thought). The VOLTS always had 170 amp models, and the LYRIQ is in this area of output....The Bolts work since heating elements in portable appliances cycle on and off somewhat and that is when the car battery recharges.
I tried building a 2024 TRAX the other day, and this cheapest model clearly states it has a 130 ampere alternator and 70 ah battery.... But no one anywhere can tell you what it is in the electric products.....The Cadillac 'Technical Expert' told me evs do not have 12 volt batteries.... Must have gotten that priceless info from some of the Big Experts here.
Most lunches are '20 miles' (reduction in driving range after the mini-camping- cookout)....
Sales would be deliveries? They haven’t even delivered Al the debut editions yet.
Hopefully the Lyriq output rate is not a future indicator of the upcoming Equinox EV rate! I cancelled my Lyriq order ($1K refunded) and pre-ordered an Equinox Ev - on an ordered waiting list with a good dealer. I will have 4 cars again soon so the Lyriq would have had to sit outside ....not a good idea for a $70K car but fine for a cheaper Equinox EV. The AWD may get slighly less mileage on a charge than a Lyriq but not bad for $40K for the 2RS model minus $7500 rebate possibly. The current Equinox is very close in size to the Ford Escape and the Equinox EV is going to be a few inches larger from what I read.
Tesla is well on their way to 1.5 Million sales this year....might even hit 2 Million.
That is with only two Full time Plants running in Fremont, CA and one in China.
The Austin, TX plant is barely making vehicles and the same applies for the Berlin, Germany factory.
My prediction that Tesla will be selling 5 Million vehicles by 2025 is right on track even though I was laughed at on this site year sago making that prediction.
In my humble opinion ALL Legacy CEO's should most likely be replaced for allowing a so called Silicon Valley Startup to eat their lunch. When you do not take competition seriously on your own watch and on top of it have almost no answer to combat the newcomer, I am not sure how you get to keep your job.
As for GM and the Lyriq, what a huge missed opportunity so far. I personally know of three people that wanted one (Dual Motor) but couldn't Trust and or wait on GM to produce them on time and all three got a Tesla. The ramping up of these BEV's from GM is embarrassing in the USA and someone needs to answer for this total failure.
The vehicles seems to be good enough with very strong demand but GM cannot mass produce them. It is unacceptable.
Does anyone have a guess as to the advertising budget for the Lyriq? I saw ads constantly for this vehicle, months before the “launch”. Has a low volume consumer good ever been this heavily advertised??
GM, like most commenters here obsess over something that doesn't make one bit of difference to a company's bottom line or survival - market segments. The concern whether the Model Y isn't luxurious enough, and therefore, be demoted to another mythical segment (to prop up the Lyriq over the Audi) to compete with a 'lesser' GM badged car is glaring, especially when its using the same Ultium platform. Legacy auto is stuck in the past with idiot MBAs driving product development and creating unicorn segments. Tesla has no segment and benefits from economies of scale that not even Toyota enjoys. The Model Y is the best selling vehicle in the world and doesn't require 15 trims, rebadging, or 'luxury' to do so. Competing against Tesla is an uphill battle for GM, especially with the same old school playbook of introducing many segment defined entrants on related platforms with no economies of scale and significant losses on each vehicle. This strategy worked for GM on its ICE cars as GM could use different drive trains, sheet metal and interior, but with BEVs its all about range, charging and efficiency. And let's face it, GM's Ultium based BEVs are anything but efficient as they are significantly heavier than a Tesla counterpart: Lyriq AWD 5915 lbs (102kWh battery / 307miles) vs Model Y LR AWD 4555 lbs (81kWh battery / 330miles). People shopping for BEVs don't search by segment, they care about price/range, etc. Even 'non-luxury' Hyundai-Kia BEVs sell for as much as the Lyriq, plus they just surpassed GM as the #2 BEV seller in the US. Tesla does well on things that matter in a BEV for less money. GM better learn how to design/engineer a more efficient platform that will reduce battery size/cost. GM got away with bloated ICE designs in the past because they could just drop in a marginally more expensive V8 - those days are over, as dropping in more battery is much more expensive and adds weight resulting in diminishing returns.