General Motors just announced that the Cadillac CT5 surpassed 200,000 units sold in China, the largest volume market for both Cadillac and the luxury brand’s midsize sedan internationally.
The SAIC-GM joint venture’s cumulative sales of the Cadillac CT5 in China officially surpassed the 200,000-unit mark last month, marking an outstanding milestone for the brand’s best-selling nameplate in the Asian country. In fact, the automaker has launched a series of marketing activities and new special benefits to local customers to celebrate the CT5’s growing popularity.
Although SAIC-GM does not usually release individual sales figures for its vehicles, it revealed some specific data on the Cadillac CT5, built locally at the Cadillac Jinqiao plant, confirming its strong sales performance. In this sense, the company announced that during the first seven months of this year, it sold a total of 44,897 units of the CT5, equivalent to a notable year-over-year increase of 37.5 percent.
The strong sales volume of the Cadillac CT5 in China through July shows that the sedan is not only Cadillac’s most popular vehicle in that country, but also the brand’s best-selling vehicle worldwide. While no figures are available for the other models in that timeframe, we do know that total sales of the best-selling Cadillac Escalade in the three North American countries for the first half amounted to 23,113 units, still far short of the CT5’s showing in China.
Since the official introduction of the model in China at the end of 2019, the Cadillac CT5 has experienced a good level of popularity and quickly began to lead the brand’s sales in that country. Despite the adverse conditions brought on by the COVID-19 pandemic soon after and the ensuing global semiconductor crisis, the luxury sedan has maintained remarkable sales performance each year and has become more competitive against established German rivals.
The mark of 200,000 units sold of the Cadillac CT5 in China through July 2023 further highlights the vehicle’s popularity among Chinese customers in addition to its strategic importance, not only for Cadillac’s operations in the Asian country but for its relevance and the brand’s global image. In particular, SAIC-GM claims that more than 90 percent of CT5 sales in the Chinese market to date are mid-range and high-end trim levels.
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Comments
Problem in the US is “sedans will no longer be made” is the word excepted for a few Asian brands. Many think there are none at GM dealers. Also what is the inventory of the CT5? In China the price point must hit the sweet spot on affordability.
My local dealer has 13 in stock. Contrast that with 2 escalades. My local dealer has also run ad’s on the local news featuring CT5’s. The CT5 is the model with the highest inventory at my dealer. The slades move very fast, like days. I think they still charge dealer markup on the slades. But I note on the web site the CT5’s are often marked with “Special offer”, telling me they are discounting them. Now while I agree SUV’s are boring looking, I also know what is moving, and I can’t blame a dealer for stocking what moves. Good business 101.
Helps in china that they have limits on who can own licenses,,,, not cars licenses…. If your getting a car over there your “upper middle class” or connected to to CCP. Its funny that china is the “number one purchaser of luxury cars” and in the meantime the united states alone outsells total vehicles compared to china. Half of those are trucks it seams these days.
No. The US sells approx. 17 millions light vehicles per year while China is at 28 million.
Incorrect, it depends on which year. There was a 3 year stretch when china announced theybwere capping licenses that everyone who could went out and bought a car, even tapping into mortgages and retirment because they wanted to claim their slot. Last year (a slow year in america) american and china sold approximately the same amount, with the USA selling barely more, 13.7&13.4 million respectively. This is also before chinas impending demographic collaspe
Quick question, does that 28 million number also include used? Its know for china to inflate their numbers in any way possible.
FYI, last years USA used market saw almost 40 million sales. Im only counting new sales as that reflects the countries production capacity. It seams to me that if china had that healthy of a market we would see Chinese brands over here same way we see koreans. Koreans have a far healthier car production capacity than china.
“China Automobile: Sales data was reported at 26,863,745.000 Unit in 2022. This records an increase from the previous number of 26,274,820.000 Unit for 2021.”
This is for new vehicles sold in China. Chinese production is in excess of 28 millions with a portion obviously exported.
Ok, from Reuters and statistica, that’s total used and new. The US used market in that same period was just under 40million.
Steven,
STop spreading fake news. The Chinese new car market is double the size of the US and China has over 4X the population of the US.
Total light vehicle market in the US will be approx. 17 million in 2023.
Another indication, that at some point, the CT5 will become a China only model like the CT6 while those of us in North America will be offered only a bunch of bland, boring, look-alike CUV’s and SUV’s (station wagons) to choose from. Only around 10,000 CT5’s have sold in the U.S. so far this year vs. over 40,000 in China.
Obviously, the Chinese have better taste in their choice of vehicles than Americans…
Yanks prefer those jacked-up station wagons with ugly grilles.
You ever heard of wuling motors?!?!? Theres a new low bar in car design.
I have been thinking about purchasing a CT-4. We shall see.
That’s probably good news for those who plan on keeping their CT5 long term, as far as parts availability goes. Although certain common wear pieces, like seat heaters, are no where to be found for my XTS.
Sales volume of the CT5 is not going to be high like the second generation CTS at one point of time. Glad to see the CT5 when I get a chance to see them on the road when in traffic.
Unfortunately, the Escalade outsells each individual Cadillac model under the make. There is something wrong when the cheaper line-up can’t outsell a flagship costing more than half the price.
Is Bara and the GM board prepared for a major slowdown or stop for us doing business in China because of the adverse political situation happening now so many us companies have cut there business in china
Let the Chinese have the CT5 and give the CT6 back to the US.
I remember when GM was an “America” company. the number of jobs lost in the uSA is staggering but China appears to have inherited those jobs thus they can afford to purchase vehicles. I’d bet their emissions standadrds are different as well. I can’t imagine the allowable smog in the air over there compared to the US.
Actually, Chinese vehicle emission standards are considerably more stringent than California standards.
Love to see the facts of that based on an even comparison. From what I’ve seen China’s skies are fairly polluted compared to Los Angeles as an example.
A little research on your part will bear out the facts. But, of course, I’m well aware that fact based knowledge has become a foreign concept for many Americans who live in a world of alternative reality.
Listen, I’m no fan of the Chinese government. But, China’s 6b vehicle emission requirements currently surpass the EU’s Euro7.
As far as US vehicle emission requirements are concerned, “fuel economy and greenhouse gas emission performance of U.S. cars and light trucks—both historically and projected based on current policies—lags behind most other nations.”
You now live in a pathetic self checkout USA with little future for the youth of the country. I’m old enough to have seen the rise and fall of US manufacturing. your vehicle are now anemic in their capabilities unless you spend $80k for a truck which will soon become extinct. Love to see these politricksters be mandated to electric airplanes based on “emissions”.
They are different……
They are “more stringent” for inport purposes, but turn the other way for domestic manufacturers and modles. They also poor tons of research into “how bad fossil fuels are for the environment” to tell the world why they need to stop making cars trucks and construction equipment and then build a new coal plant with no scrubber every week.
For example, many wuling cars use an old Daiwoo engine from 99….. yeah, cleaner my little tush. In the meantime their requiring DPF like filters on inported porsches and only allow 2500??? (Need to refresh my memory) cadillac escalades to be imported each year.
More companies are becoming global due to greater opportunity to make a profit. GM is still an American company who operates globally. No difference like Microsoft.
The cost of the vehicles in China is about 389.700-to-407,700-yuan, United States Currency of about $50,000 to $55,000. It is a very popular vehicle in Asia. So, it should not be surprising that the market sales are up.
Its sad how people grew to hate sedans and everybody and their momma here in the US only wants CUVs smh. I love my 14’ Escalade ESV and I love my 11’ DTS. I don’t need them to be morphed into one vehicle, they have separate purposes. There’s nothing wrong with sedans, clearly noticed by China. Hell we can’t even get 1 Buick sedan! China still sold Park Avenues and we get fugly nonsense like the Encore and it’s a best seller lol. Now we lost the Maxima, the Avalon, Impala, CT6 and in a few months the 300/300C! Getting my last call Hemi Charger while I still can as that’s going EV and I-6 only smh. Another issue here is the lack of advertising and promotions of sedans. Most ppl in the US don’t even know what a CT5 is as there’s no ads or movie productions featuring these like they pushed Escalades. The Chinese have better tastes and there’s a newly redesigned CT6 available there! Now we’re getting redundant CUVs like the Chevy Blazer and Trailblazer along with the Equinox and I’m sure I’m forgetting 3 more models just from one brand alone.
So long as Taiwan stays peaceful, I could see GM China (Cadillac, Buick, Wurling) thrive.
Americans, especially under 50, hate US brands except for trucks & body on frame SUV. Well, except for Jeep. I’m car shopping and friends snark when vehicle isn’t Japanese.
Unfortunately, aside from Malibu, Chevy and Buick quit cars, so there is nothing for me except maybe Envista. Why can’t GM produce and promote another Tour X or something like Golf filling Spark/Sonic space? I’d settle for reskinned Chinese Regal
Perhaps when GM begins honoring their failed parts which are used in newer GM vehicles such as failing lifters and instrument panels or plastic door handles people will once again respect the brand.