Cadillac CT5 sales increased in the United States but decreased in Canada during the third quarter of 2023.
Cadillac CT5 Sales - Q3 2023 - United States
In the United States, Cadillac CT5 deliveries totaled 4,408 units in Q3 2023, an increase of about 47 percent compared to 2,991 units sold in Q3 2022.In the first nine months of the year, CT5 sales increased about 37 percent to 14,397 units.
| MODEL | Q3 2023 / Q3 2022 | Q3 2023 | Q3 2022 | YTD 2023 / YTD 2022 | YTD 2023 | YTD 2022 |
|---|---|---|---|---|---|---|
| CT5 | +47.38% | 4,408 | 2,991 | +37.05% | 14,397 | 10,505 |
Cadillac CT5 Sales - Q3 2023 - Canada
In Canada, Cadillac CT5 deliveries totaled 223 units in Q3 2023, a decrease of about 31 percent compared to 325 units sold in Q3 2022.In the first nine months of the year, CT5 sales increased about 6 percent to 772 units.
| MODEL | Q3 2023 / Q3 2022 | Q3 2023 | Q3 2022 | YTD 2023 / YTD 2022 | YTD 2023 | YTD 2022 |
|---|---|---|---|---|---|---|
| CT5 | -31.39% | 223 | 325 | +6.34% | 772 | 726 |
Competitive Sales Comparison (USA)
Cadillac CT5 sales during the third quarter of 2023 places the luxury sedan mid-pack in a crowded segment of 15 entries when ranked by sales volume. BMW took the top two spots, with the 4 Series maintaining the lead with a 46 percent swell in sales year-over-year to 13,668 units, followed by the 3 Series in second with a 66 percent jump to 8,852 units. The Mercedes-Benz C-Class placed third with a 10 percent slide to 8,058 units. The Lexus IS took fourth place with a 14 percent bump to 6,054 units, followed closely by the Audi A5 in fifth with a 22 percent swell to 6,037 units and within 17 deliveries of fourth. The Genesis earned sixth place with a 40 percent increase to 4,455 units, while the Cadillac CT5 (see running Cadillac CT5 sales) maintained seventh place with 47 percent jump to 4,408 units and within 47 deliveries of sixth. The rest of the field each saw less than 4.1K deliveries.
Sales Numbers - D-Segment Luxury Cars - Q3 2023 - USA
| MODEL | Q3 23 / Q3 22 | Q3 23 | Q3 22 | Q3 23 SHARE | Q3 22 SHARE | YTD 23 / YTD 22 | YTD 23 | YTD 22 |
|---|---|---|---|---|---|---|---|---|
| BMW 4 SERIES | +45.76% | 13,668 | 9,377 | 21% | 19% | +68.49% | 39,430 | 23,402 |
| BMW 3 SERIES | +65.86% | 8,852 | 5,337 | 14% | 11% | +18.31% | 23,268 | 19,667 |
| MERCEDES-BENZ C-CLASS | -10.27% | 8,058 | 8,980 | 12% | 18% | +33.22% | 24,145 | 18,124 |
| LEXUS IS | +13.80% | 6,054 | 5,320 | 9% | 11% | +5.13% | 17,168 | 16,331 |
| AUDI A5 | +21.89% | 6,037 | 4,953 | 9% | 10% | +34.74% | 18,293 | 13,577 |
| GENESIS G70 | +39.66% | 4,455 | 3,190 | 7% | 6% | +7.35% | 10,683 | 9,952 |
| CADILLAC CT5 | +47.38% | 4,408 | 2,991 | 7% | 6% | +37.05% | 14,397 | 10,505 |
| ACURA TLX | +101.33% | 4,091 | 2,032 | 6% | 4% | +48.27% | 13,573 | 9,154 |
| VOLVO S60 | +111.54% | 2,767 | 1,308 | 4% | 3% | +33.30% | 6,092 | 4,570 |
| AUDI A4 | -28.83% | 2,521 | 3,542 | 4% | 7% | +0.76% | 10,907 | 10,825 |
| INFINITI Q50 | +256.14% | 1,827 | 513 | 3% | 1% | +18.72% | 5,022 | 4,230 |
| ALFA ROMEO GIULIA | -35.50% | 863 | 1,338 | 1% | 3% | -26.43% | 2,694 | 3,662 |
| LEXUS RC | -41.00% | 472 | 800 | 1% | 2% | -32.62% | 1,314 | 1,950 |
| VOLVO V60 | +6.70% | 223 | 209 | 0% | 0% | -54.15% | 436 | 951 |
| INFINITI Q60 | -10.08% | 214 | 238 | 0% | 0% | -42.96% | 936 | 1,641 |
| TOTAL | +28.69% | 64,510 | 50,128 | +26.81% | 188,358 | 148,541 |
From a segment share standpoint, the CT5 earned a seven percent share, up one percentage point year-over-year. The 4 Series led with a 21 percent segment share, up a two percentage points, followed by the 3 Series with a 14 percent segment share, up three percentage points. The C-Class held a 12 percent share, down a segment-worst six percentage points as the automaker continues to wind up the launch of the all-new model. The IS and A5 each posted a nine percent share, down two and one percentage point, respectively, while the G70 held a seven point share, up one percentage point. The other entries each earned a six percent share or less.
Below, we’re providing a summary of segment sales per brand:
- BMW: 22,520 units / 35 percent share
- Audi: 8,558 units / 13 percent share
- Lexus: 6,526 units / 10 percent share
- Cadillac CT5: 4,408 / 7 percent share
- Volvo: 2,990 units / 4 percent share
- Infiniti: 2,041 units / 3 percent share
Cumulative sales of the BMW 3 Series and 4 Series gave the Bavarian automaker 22,520 deliveries for a 35 percent segment share.
Sales Numbers - BMW D-Segment Luxury Cars - Q3 2023 - USA
| MODEL | Q3 23 / Q3 22 | Q3 23 | Q3 22 | Q3 23 SHARE | Q3 22 SHARE | YTD 23 / YTD 22 | YTD 23 | YTD 22 |
|---|---|---|---|---|---|---|---|---|
| BMW 3 SERIES | +65.86% | 8,852 | 5,337 | 39% | 36% | +18.31% | 23,268 | 19,667 |
| BMW 4 SERIES | +45.76% | 13,668 | 9,377 | 61% | 64% | +68.49% | 39,430 | 23,402 |
| TOTAL | +53.05% | 22,520 | 14,714 | +45.58% | 62,698 | 43,069 |
Combined sales of the Audi A4 and A5 garnered the German automaker 8,558 deliveries for a 13 percent segment share, placing it second.
Sales Numbers - Audi D-Segment Luxury Cars - Q3 2023 - USA
| MODEL | Q3 23 / Q3 22 | Q3 23 | Q3 22 | Q3 23 SHARE | Q3 22 SHARE | YTD 23 / YTD 22 | YTD 23 | YTD 22 |
|---|---|---|---|---|---|---|---|---|
| AUDI A4 | -28.83% | 2,521 | 3,542 | 29% | 42% | +0.76% | 10,907 | 10,825 |
| AUDI A5 | +21.89% | 6,037 | 4,953 | 71% | 58% | +34.74% | 18,293 | 13,577 |
| TOTAL | +0.74% | 8,558 | 8,495 | +19.66% | 29,200 | 24,402 |
Both Lexus entries, the IS and its two-door coupe derivative, the RC, enabled the Japanese automaker to post a combined 6,526 sales for a 10 percent segment share.
Sales Numbers - Lexus D-Segment Luxury Cars - Q3 2023 - USA
| MODEL | Q3 23 / Q3 22 | Q3 23 | Q3 22 | Q3 23 SHARE | Q3 22 SHARE | YTD 23 / YTD 22 | YTD 23 | YTD 22 |
|---|---|---|---|---|---|---|---|---|
| LEXUS IS | +13.80% | 6,054 | 5,320 | 93% | 87% | +5.13% | 17,168 | 16,331 |
| LEXUS RC | -41.00% | 472 | 800 | 7% | 13% | -32.62% | 1,314 | 1,950 |
| TOTAL | +6.63% | 6,526 | 6,120 | +1.10% | 18,482 | 18,281 |
Volvo’s two entries, the S60 and V60 ranges, delivered a combined 2,990 sales for a four percent segment share.
Sales Numbers - Volvo D-Segment Luxury Cars - Q3 2023 - USA
| MODEL | Q3 23 / Q3 22 | Q3 23 | Q3 22 | Q3 23 SHARE | Q3 22 SHARE | YTD 23 / YTD 22 | YTD 23 | YTD 22 |
|---|---|---|---|---|---|---|---|---|
| VOLVO S60 | +111.54% | 2,767 | 1,308 | 93% | 86% | +33.30% | 6,092 | 4,570 |
| VOLVO V60 | +6.70% | 223 | 209 | 7% | 14% | -54.15% | 436 | 951 |
| TOTAL | +97.10% | 2,990 | 1,517 | +18.24% | 6,528 | 5,521 |
Infiniti’s two entries, the Q50 and, its two-door coupe variant, the Q60, gave the Japanese automaker a combined 2,041 deliveries for just a three percent segment share.
Sales Numbers - Infiniti D-Segment Luxury Cars - Q3 2023 - USA
| MODEL | Q3 23 / Q3 22 | Q3 23 | Q3 22 | Q3 23 SHARE | Q3 22 SHARE | YTD 23 / YTD 22 | YTD 23 | YTD 22 |
|---|---|---|---|---|---|---|---|---|
| INFINITI Q50 | +256.14% | 1,827 | 513 | 90% | 68% | +18.72% | 5,022 | 4,230 |
| INFINITI Q60 | -10.08% | 214 | 238 | 10% | 32% | -42.96% | 936 | 1,641 |
| TOTAL | +171.77% | 2,041 | 751 | +1.48% | 5,958 | 5,871 |
The D-segment luxury car segment grew 29 percent to 64,510 units in Q3 2023, meaning CT5 sales significantly outperformed the segment average.
The GM Authority Take
Cadillac CT5 sales continued the positive trend we’ve seen during the 2023 calendar year. However, some rivals – namely BMW, Mercedes-Benz, Lexus, and Audi – continue to beat the CT5 on a collective basis. We posit that this is the result of factors associated with demand as a result of a stronger perceived brand / image.
Overall Cadillac new-vehicle inventory ran at 46 days supply in September, down a tad from the under 50 days supply in June. As a reminder, a 60-day supply is considered optimal in the U.S. auto industry by many automotive sales organizations such as the National Automotive Dealers Association (NADA). That means a 60-day inventory level gives dealerships enough inventory on hand to sustain sales volume for roughly the next 60 days, or nearly two months.
Going forward, we expect CT5 sales to remain at roughly the same levels as during Q3, unless GM opts to increase production output while finding ways to increase demand for the model. The upcoming CT5 refresh (see below) should help substantially in that regard.
About Cadillac CT5
The 2023 Cadillac CT5 arrives with just a handful of changes and updates over the 2022 Cadillac CT5.
While in December Consumer Reports said the 2023 Cadillac CT5 was a compact luxury car to avoid buying, just a week later Car and Driver named the Cadillac CT5-V Blackwing to its 2023 10Best cars list. “The Cadillac CT5-V Blackwing is the greatest sports sedan on sale today,” the editors proclaimed, “if not of all time.”
The 2024 Cadillac CT5 hits dealer lots as the fifth model year for the luxury four-door, offering up a few important updates and changes compared to the preceding 2023 model year. That includes standard IntelliBeam headlamps across the entire CT5 trim lineup. Furthermore, the 2024 model year gets a new Red Accent Package on the CT5 as well as the CT5-V and the CT-V Blackwing. The 2024 Cadillac CT5 Onyx Package will include a new decklid spoiler, and the 2024 CT5-V, CT5-V Blackwing get four new paint colors, including yellow.
Refreshed 2025 Cadillac CT5 Sport
Last month, GM debuted the refreshed 2025 Cadillac CT5, revealing new styling and tech features along with more standard safety items. Notably, this refresh only applies to the Cadillac CT5 Luxury, Premium Luxury, and Sport for now. The refreshed 2025 Cadillac CT5-V and Cadillac CT5-V Blackwing are coming soon. Production of the 2025 Cadillac CT5 will begin next spring at the GM Lansing Grand River plant in Lansing, Michigan.
Refreshed 2025 Cadillac CT5 Sport
About The Numbers
- All percent change figures compared to Cadillac CT5 sales for Q3 2022, unless noted otherwise
- In the United States, there were 75 selling days for Q3 2023 and 75 selling days for Q3 2022
- Cadillac CT5 sales include CT5, CT5-V and CT5-V Blackwing
- GM Q3 2023 sales reports
- GM Q3 2023 sales U.S.A.
- Chevrolet sales Q3 2023 U.S.A.
- Cadillac sales Q3 2023 U.S.A.
- Buick sales Q3 2023 U.S.A.
- GMC sales Q3 2023 U.S.A.
- GM Canada sales Q3 2023
- GM Mexico sales Q3 2023
- GM China sales Q3 2023
- GM Brazil sales Q3 2023
- GM Argentina sales Q3 2023
- GM Chile sales Q3 2023
- GM Colombia sales Q3 2023
- GM South Korea sales Q3 2023
- Chevrolet South Korea sales July 2023
- Chevrolet South Korea sales August 2023
- Chevrolet South Korea sales September 2023
- GM Q3 2023 sales U.S.A.
CT5 News
2026 Cadillac CT5-V, CT5-V Blackwing Configurator Live
Slightly more expensive than the 2025 MY.
Read More »
Comments
But but but Mary said nobody wants sedans! Wrong!
Most beautiful sedan on the market.
I agree and I plan to seriously consider one of these for my next new car.
My local dealer is stocking them with fairly high numbers. I think the refresh could really push the numbers. For me, the interior of the current gen still doesn’t feel as desirable as my gen 2 CTS, so I’ve not been swayed to get one. The new interior might. Need to see it in person though.
Now promote and advertise it and see what happens. Then make the dealers actually stock some instead of the bland crossovers they line the lots with now and see what happens. Then offer it with a PHEV system for those who would like better efficiency but don’t want a full on EV, and see what happens.
Poor Volvo S60. I work at a store with Volvo and they are not giving the S60, V60, S90 or V90 any love. Volvo is just as bad as the rest and concentrating on just crossovers and SUV’s. It was 2018 when the S/V60 was last updated. That’s 6 model years since the 2024’s are now out. I think they plan to let it die just like GM has done with so many great sedans and all for the sake of chasing the SUV market to death.
Agree, most of us are not soccer moms.
They did promote it with a $500/mo lease incentive hence the increase. Other players are doing the same thing.
When you’re doing small numbers even an extra 500 sales a month gets you a 47% YOY increase.
I love my 2023 Cadillac CT5 Luxury! Best driving car that I’ve own yet.
I like everything about this car, but I just can’t get past that ‘C’ pillar. The new CT6 looks so much better than the original. They could do the same with the CT5.
Bring back the CT6. I have owned 3 of them. When my 2019 wears out, I want a TC6.