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.