Cadillac CT5 sales decreased in the United States and Canada during the fourth quarter of 2023.
Cadillac CT5 Sales - Q4 2023 - United States
In the United States, Cadillac CT5 deliveries totaled 4,196 units in Q4 2023, a decrease of about 22 percent compared to 5,391 units sold in Q4 2022.During the complete 2023 calendar year, CT5 sales increased about 17 percent to 18,593 units.
| MODEL | Q4 2023 / Q4 2022 | Q4 2023 | Q4 2022 | YTD 2023 / YTD 2022 | YTD 2023 | YTD 2022 |
|---|---|---|---|---|---|---|
| CT5 | -22.17% | 4,196 | 5,391 | +16.97% | 18,593 | 15,896 |
Cadillac CT5 Sales - Q4 2023 - Canada
In Canada, Cadillac CT5 deliveries totaled 266 units in Q4 2023, a decrease of about 15 percent compared to 312 units sold in Q4 2022.During the complete 2023 calendar year, CT5 sales were flat at 1,038 units.
| MODEL | Q4 2023 / Q4 2022 | Q4 2023 | Q4 2022 | YTD 2023 / YTD 2022 | YTD 2023 | YTD 2022 |
|---|---|---|---|---|---|---|
| CT5 | -14.74% | 266 | 312 | 0.00% | 1,038 | 1,038 |
Competitive Sales Comparison (USA)
Cadillac CT5 sales during the fourth quarter of 2023 kept the luxury sedan mid-pack from last quarter in a crowded segment of 15 entries when ranked by sales volume. BMW again took the top two spots, with the 4 Series maintaining the lead despite a 17 percent slip in sales to 11,347 units, followed by the 3 Series in second, with flat sales totaling 10,729 deliveries. The Mercedes-Benz C-Class stayed at third with a six percent uptick to 8,553 units, followed by Audi A5 moving up to fourth with a 15 percent swell to 5,484 units. The Lexus IS slipped to fifth place with a six percent increase to 5,353 units, within 131 deliveries of fourth. The Volvo S60 moved up to sixth with a 170 percent leap to 4,265 units, while the Cadillac CT5 (see running Cadillac CT5 sales) maintained seventh place with 22 percent drop to 4,196 units, within 69 deliveries of sixth. The rest of the field each saw less than 3.2K deliveries.
Sales Numbers - D-Segment Luxury Cars - Q4 2023 - USA
| MODEL | Q4 23 / Q4 22 | Q4 23 | Q4 22 | Q4 23 SHARE | Q4 22 SHARE | YTD 23 / YTD 22 | YTD 23 | YTD 22 |
|---|---|---|---|---|---|---|---|---|
| BMW 4 SERIES | -16.27% | 11,347 | 13,552 | 19% | 22% | +37.41% | 50,777 | 36,954 |
| BMW 3 SERIES | -0.04% | 10,729 | 10,733 | 18% | 17% | +11.83% | 33,997 | 30,400 |
| MERCEDES-BENZ C-CLASS | +6.01% | 8,553 | 8,068 | 14% | 13% | +24.84% | 32,698 | 26,192 |
| AUDI A5 | +14.92% | 5,484 | 4,772 | 9% | 8% | +29.58% | 23,777 | 18,349 |
| LEXUS IS | +5.90% | 5,353 | 5,055 | 9% | 8% | +5.31% | 22,521 | 21,386 |
| VOLVO S60 | +169.77% | 4,265 | 1,581 | 7% | 3% | +68.38% | 10,357 | 6,151 |
| CADILLAC CT5 | -22.17% | 4,196 | 5,391 | 7% | 9% | +16.97% | 18,593 | 15,896 |
| ACURA TLX | +34.15% | 3,158 | 2,354 | 5% | 4% | +45.39% | 16,731 | 11,508 |
| AUDI A4 | -40.12% | 2,643 | 4,414 | 4% | 7% | -11.08% | 13,550 | 15,239 |
| GENESIS G70 | -4.97% | 2,563 | 2,697 | 4% | 4% | +4.72% | 13,246 | 12,649 |
| INFINITI Q50 | +113.97% | 1,179 | 551 | 2% | 1% | +29.70% | 6,201 | 4,781 |
| ALFA ROMEO GIULIA | -46.36% | 767 | 1,430 | 1% | 2% | -32.03% | 3,461 | 5,092 |
| LEXUS RC | -37.25% | 438 | 698 | 1% | 1% | -33.84% | 1,752 | 2,648 |
| INFINITI Q60 | -39.81% | 124 | 206 | 0% | 0% | -42.61% | 1,060 | 1,847 |
| VOLVO V60 | +173.68% | 104 | 38 | 0% | 0% | * | 0 | 0 |
| TOTAL | -1.04% | 60,903 | 61,540 | +18.95% | 248,721 | 209,092 |
From a segment share standpoint, the CT5 earned a seven percent share, down two percentage points year-over-year. The 4 Series led with a 19 percent segment share, down three percentage points, followed by the 3 Series, which maintained an 18 percent segment share. The C-Class held a 14 percent share, up one percentage point. The A5 and IS each posted a nine percent share, both up one percentage point, while the S60 held a seven percent share, up four percentage points. The other entries each earned a segment share of five percent or less.
Below, we’re providing a summary for models with more than one entry:
- BMW: 22,076 units / 37 percent share
- Audi: 8,127 units / 13 percent share
- Lexus: 5,791 units / 10 percent share
- Volvo: 4,369 units / 7 percent share
- Cadillac CT5: 4,196 / 7 percent share
- Infiniti: 1,303 units / 2 percent share
Cumulative sales of the BMW 3 Series and 4 Series garnered the Bavarian automaker 22,076 deliveries for a 37 percent segment share.
Sales Numbers - BMW D-Segment Luxury Cars - Q4 2023 - USA
| MODEL | Q4 23 / Q4 22 | Q4 23 | Q4 22 | Q4 23 SHARE | Q4 22 SHARE | YTD 23 / YTD 22 | YTD 23 | YTD 22 |
|---|---|---|---|---|---|---|---|---|
| BMW 3 SERIES | -0.04% | 10,729 | 10,733 | 49% | 44% | +11.83% | 33,997 | 30,400 |
| BMW 4 SERIES | -16.27% | 11,347 | 13,552 | 51% | 56% | +37.41% | 50,777 | 36,954 |
| TOTAL | -9.10% | 22,076 | 24,285 | +25.86% | 84,774 | 67,354 |
Combined sales of the Audi A4 and A5 gave the German automaker 8,127 deliveries for a 13 percent segment share, placing it second.
Sales Numbers - Audi D-Segment Luxury Cars - Q4 2023 - USA
| MODEL | Q4 23 / Q4 22 | Q4 23 | Q4 22 | Q4 23 SHARE | Q4 22 SHARE | YTD 23 / YTD 22 | YTD 23 | YTD 22 |
|---|---|---|---|---|---|---|---|---|
| AUDI A4 | -40.12% | 2,643 | 4,414 | 33% | 48% | -11.08% | 13,550 | 15,239 |
| AUDI A5 | +14.92% | 5,484 | 4,772 | 67% | 52% | +29.58% | 23,777 | 18,349 |
| TOTAL | -11.53% | 8,127 | 9,186 | +11.13% | 37,327 | 33,588 |
Both Lexus entries, the IS and its two-door coupe derivative, the RC, enabled the Japanese automaker to post a combined 5,791 sales for a 10 percent segment share.
Sales Numbers - Lexus D-Segment Luxury Cars - Q4 2023 - USA
| MODEL | Q4 23 / Q4 22 | Q4 23 | Q4 22 | Q4 23 SHARE | Q4 22 SHARE | YTD 23 / YTD 22 | YTD 23 | YTD 22 |
|---|---|---|---|---|---|---|---|---|
| LEXUS IS | +5.90% | 5,353 | 5,055 | 92% | 88% | +5.31% | 22,521 | 21,386 |
| LEXUS RC | -37.25% | 438 | 698 | 8% | 12% | -33.84% | 1,752 | 2,648 |
| TOTAL | +0.66% | 5,791 | 5,753 | +0.99% | 24,273 | 24,034 |
Volvo’s two entries, the S60 and V60 ranges, posted combined sales of 4,369 deliveries for a seven percent segment share.
Sales Numbers - Volvo D-Segment Luxury Cars - Q4 2023 - USA
| MODEL | Q4 23 / Q4 22 | Q4 23 | Q4 22 | Q4 23 SHARE | Q4 22 SHARE | YTD 23 / YTD 22 | YTD 23 | YTD 22 |
|---|---|---|---|---|---|---|---|---|
| VOLVO S60 | +169.77% | 4,265 | 1,581 | 98% | 98% | +68.38% | 10,357 | 6,151 |
| VOLVO V60 | +173.68% | 104 | 38 | 2% | 2% | * | 0 | 0 |
| TOTAL | +169.86% | 4,369 | 1,619 | +68.38% | 10,357 | 6,151 |
Infiniti’s two entries, the Q50 and, its two-door coupe variant, the Q60, garnered the Japanese automaker a combined 1,303 deliveries for a mere two percent segment share.
Sales Numbers - Infiniti D-Segment Luxury Cars - Q4 2023 - USA
| MODEL | Q4 23 / Q4 22 | Q4 23 | Q4 22 | Q4 23 SHARE | Q4 22 SHARE | YTD 23 / YTD 22 | YTD 23 | YTD 22 |
|---|---|---|---|---|---|---|---|---|
| INFINITI Q50 | +113.97% | 1,179 | 551 | 90% | 73% | +29.70% | 6,201 | 4,781 |
| INFINITI Q60 | -39.81% | 124 | 206 | 10% | 27% | -42.61% | 1,060 | 1,847 |
| TOTAL | +72.12% | 1,303 | 757 | +9.55% | 7,261 | 6,628 |
The D-segment luxury car segment sales were nearly flat with 60,006 deliveries in Q4 2023, meaning CT5 sales significantly underperformed the segment average.
The GM Authority Take
The drop in Cadillac CT5 sales during the fourth quarter reverse the positive trend we’ve seen during the prior quarters of 2023. Even so, it maintained its seventh-place, mid-pack showing among 15 entries while being within just 69 deliveries of sixth. Many of its rivals – namely BMW, Mercedes-Benz, Lexus, and Audi – continue to beat the CT5 on a collective basis.
Overall Cadillac new-vehicle inventory ran at 46 days supply in September, increasing slightly to 48 days supply in October, and 61 days supply in November. While 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), Cadillac is running slight below the industry average of 71 days. As such, it seems that inventory/availability were not issues for the CT5 during the quarter.
Unless GM opts to increase production output while finding ways to increase demand for the model, we expect CT5 sales to remain unremarkable. However, the upcoming CT5 refresh should help substantially in terms of product competitiveness.
About Cadillac CT5
The 2023 Cadillac CT5 arrives with just a handful of changes and updates over the 2022 Cadillac CT5.
While in December a year ago 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 arrives as the fifth model year of the luxury four-door, offering up a few important changes and updates across the lineup compared to the preceding 2023 model year. That includes standard IntelliBeam headlamps across the entire CT5 for all trim levels. Furthermore, the 2024 model year gets a new Red Accent Package on the CT5 as does the CT5-V as well as the CT5-V Blackwing. Additionally, the 2024 CT5 Onyx Package will include a new decklid spoiler.
The 2024 Cadillac CT5-V, CT5-V Blackwing both get additional elements to commemorate the 20th anniversary of the V-Series sub-brand, namely a 20th Anniversary grille header decal and unique instrument cluster wake-up animation.
Here is what’s new and different for the 2024 Cadillac CT5, as well as the CT5-V and the CT5-V Blackwing.
The Cadillac CT5-V Blackwing won the Car and Driver 2024 10Best award, marking the high-performance luxury sedan’s third appearance on the annual list.
This past December, the 2024 Cadillac CT5 received a Recommended rating from Consumer Reports.
Overall, Cadillac ranked Average in the Consumer Reports 2024 Reliability Report, though it still placed above the average dependability of U.S. automakers.
Refreshed 2025 Cadillac CT5 Premium Luxury
This past September 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 will soon follow.
Production of the 2025 Cadillac CT5 at the GM Lansing Grand River plan will kick off on April 2nd.
Refreshed 2025 Cadillac CT5 Premium Luxury
About The Numbers
- All percent change figures compared to Cadillac CT5 sales for Q4 2022, unless noted otherwise
- In the United States, there were 78 selling days for Q4 2023 and 78 selling days for Q4 2022
- Cadillac CT5 sales include CT5, CT5-V and CT5-V Blackwing
- GM Q4 2023 sales reports:
- GM Q4 2023 sales U.S.A.
- Chevrolet sales Q4 2023 U.S.A.
- Cadillac sales Q4 2023 U.S.A.
- Buick sales Q4 2023 U.S.A.
- GMC sales Q4 2023 U.S.A.
- GM Canada Q4 2023 sales
- Chevrolet Canada sales Q4 2023
- Cadillac Canada sales Q4 2023
- Buick Canada sales Q4 2023
- GMC Canada sales Q4 2023
- GM Mexico sales Q4 2023
- GM Mexico sales October 2023
- Chevrolet Mexico October 2023 sales
- Buick Mexico October 2023 sales
- GMC Mexico October 2023 sales
- Cadillac Mexico October 2023 sales
- GM Mexico sales November 2023 sales
- Chevrolet Mexico November 2023 sales
- Buick Mexico November 2023 sales
- GMC Mexico November 2023 sales
- Cadillac Mexico November 2023 sales
- GM Mexico sales December 2023
- Chevrolet Mexico December 2023 sales
- Buick Mexico December 2023 sales
- GMC Mexico December 2023 sales
- Cadillac Mexico December 2023 sales
- GM Mexico sales October 2023
- GM China sales Q4 2023
- GM Brazil sales Q4 2023
- GM Argentina sales Q4 2023
- GM Chile sales Q4 2023
- GM Colombia sales Q4 2023
- GM South Korea sales Q4 2023
- GM South Korea October 2023 sales
- Chevrolet South Korea October 2023 sales
- Cadillac South Korea October 2023 sales
- GM South Korea November 2023 sales
- Chevrolet South Korea November 2023 sales
- Cadillac South Korea November 2023 sales
- GM South Korea December 2023 sales
- Chevrolet South Korea December 2023 sales
- Cadillac South Korea December 2023 sales
- GM South Korea October 2023 sales
- GM Q4 2023 sales U.S.A.
Comments
Where did you see it? I can’t seem to find anything on it
Carscoops
How does GM make any money on volumes this low?
I don’t think GM turns a profit on their sedans, but the only reason I can think of is that the CT4/5 exist because GM needs to keep their halo versions on the market: the V/Blackwing series- for historical, cache and engineering reputation purposes.
GM is most definitely turning a profit on these. The Alpha 2 platform is essentially a carry over so the R&D costs were minimal.
I think it’s a great looking car at a good price.
I’ve got to buy one before they discontinue these.. it’s only a matter of time. I do not want a truck/suv