Cadillac XT5 sales decreased in the United States, Canada, and Mexico during the fourth quarter of 2023.
Cadillac XT5 Sales - Q4 2023 - United States
In the United States, Cadillac XT5 deliveries totaled 6,496 units in Q4 2023, a decrease of about 23 percent compared to 8,446 units sold in Q4 2022.During the complete 2023 calendar year, XT5 sales decreased about 2 percent to 26,808 units.
MODEL | Q4 2023 / Q4 2022 | Q4 2023 | Q4 2022 | YTD 2023 / YTD 2022 | YTD 2023 | YTD 2022 |
---|---|---|---|---|---|---|
XT5 | -23.09% | 6,496 | 8,446 | -1.95% | 26,808 | 27,340 |
Cadillac XT5 Sales - Q4 2023 - Canada
In Canada, Cadillac XT5 deliveries totaled 727 units in Q4 2023, a decrease of about 28 percent compared to 1,006 units sold in Q4 2022.During the complete 2023 calendar year, XT5 sales decreased about 12 percent to 3,708 units.
MODEL | Q4 2023 / Q4 2022 | Q4 2023 | Q4 2022 | YTD 2023 / YTD 2022 | YTD 2023 | YTD 2022 |
---|---|---|---|---|---|---|
XT5 | -27.73% | 727 | 1,006 | -12.20% | 3,708 | 4,223 |
Cadillac XT5 Sales - Q4 2023 - Mexico
In Mexico, Cadillac XT5 deliveries totaled 38 units in Q4 2023, a decrease of about 38 percent compared to 61 units sold in Q4 2022.During the complete 2023 calendar year, XT5 sales decreased about 13 percent to 167 units.
MODEL | Q4 2023 / Q4 2022 | Q4 2023 | Q4 2022 | YTD 2023 / YTD 2022 | YTD 2023 | YTD 2022 |
---|---|---|---|---|---|---|
XT5 | -37.70% | 38 | 61 | -13.47% | 167 | 193 |
Competitive Sales Comparison (USA)
Cadillac XT5 sales during the fourth quarter of 2023 placed the compact crossover in seventh place in its segment among 13 entries in the luxury D-crossover segment when ranked by sales volume, up two spots from last quarter, The Lexus RX remained in first place, as it has for over a year, with a 94 percent leap in sales to 30,542 units. That’s nearly 10K deliveries higher than the second place BMW X3, which saw sales jump 41 percent to 20,758 units, trading spots with the Audi Q5 in third place, which saw a two percent dip to 19,439 units. The Acura MDX followed in fourth with a four percent slip to 12,680 units, while the Mercedes-Benz GLC-Class placed fifth with an eight percent bump to 10,848 units. The Genesis GV70 took sixth place with a 24 percent swell to 7,218 units, while the XT5 (see running Cadillac XT5 sales) moved up to seventh, inspire of sales falling 23 percent to 6,496 units. The Volvo XC60 placed eight as sales fell 6 percent to 6,477 units. The rest of the field each recorded less than 6.5K deliveries.
Sales Numbers - D-Segment Luxury Crossovers - 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 RX | +94.02% | 30,542 | 15,742 | 24% | 15% | +18.73% | 114,033 | 96,041 |
BMW X3 | +41.26% | 20,758 | 14,695 | 16% | 14% | -3.99% | 63,172 | 65,799 |
AUDI Q5 | -1.72% | 19,439 | 19,780 | 15% | 18% | +17.86% | 74,145 | 62,912 |
ACURA MDX | -4.02% | 12,680 | 13,211 | 10% | 12% | +24.07% | 57,599 | 46,425 |
MERCEDES-BENZ GLC-CLASS | +8.31% | 10,848 | 10,016 | 8% | 9% | -38.57% | 40,253 | 65,531 |
GENESIS GV70 | +23.72% | 7,218 | 5,834 | 6% | 5% | +35.77% | 25,988 | 19,141 |
CADILLAC XT5 | -23.09% | 6,496 | 8,446 | 5% | 8% | -1.95% | 26,808 | 27,340 |
VOLVO XC60 | -6.21% | 6,477 | 6,906 | 5% | 6% | * | 0 | 0 |
LINCOLN NAUTILUS | +41.66% | 5,437 | 3,838 | 4% | 4% | +17.93% | 24,334 | 20,635 |
BMW X4 | +0.69% | 3,189 | 3,167 | 2% | 3% | -2.66% | 9,536 | 9,797 |
INFINITI QX50 | +9.03% | 2,788 | 2,557 | 2% | 2% | -10.48% | 9,941 | 11,105 |
INFINITI QX55 | -7.86% | 1,348 | 1,463 | 1% | 1% | +6.11% | 5,418 | 5,106 |
ALFA ROMEO STELVIO | -18.30% | 1,308 | 1,601 | 1% | 1% | -31.11% | 5,340 | 7,752 |
TOTAL | +19.83% | 128,528 | 107,256 | +4.34% | 456,567 | 437,584 |
From a segment share standpoint, the XT5 earned a five percent share, down three percentage points year-over-year. The RX posted a 24 percent segment share, up a segment-best nine percentage points to account for nearly a quarter of all sales volume. The X3 held a 16 percent share, up two percentage points, while the Q5 posted a 15 percent share, down three percentage points. The MDX followed with a 10 percent share, down two percentage points, while the GLC-Class earned an eight percent share, down one percentage point. The GV70 posted a six percent share, up one percentage point, while the XC60 also posted a five percent share, down one percentage point. The rest of the field each held a segment share of five percent or less.
The luxury D-crossover segment grew 20 percent to 128,528 units during Q4 2023, meaning XT5 sales significantly underperformed the segment average.
The GM Authority Take
Cadillac XT5 sales were again in the red as the nameplate continues to move substantially less units than most of its competitors. We continue to surmise poor sales performance is due to direct rivals offering newer, more modern, and therefore more attractive vehicles when compared to the XT5. The first-generation XT5 has become dated, having not seen many updates since its launch for the 2017 model year.
Furthermore, Cadillac XT5, XT6, and Lyriq production was down during the first week of the new year due to maintenance, which will likely impact sales going forward.
About Cadillac XT5
The 2023 Cadillac XT5 soldiers on with minimal changes compared to the 2022 Cadillac XT5, receiving three new paint colors, and adding the Bose Performance 14-speaker stereo, embedded navigation and ambient lighting as standard on the Premium Luxury and Sport trim levels.
The 2024 Cadillac XT5 represents the eighth model year of the first-generation model, arriving with minimal changes and updates compared to the preceding 2023 model year, including a trio of accent packages – the new Red Accent Package, Blue Accent Package, and Bronze Accent Package.
A new study finds that the Cadillac XT5 doesn’t hold its value very well, while Cadillac ranked average in the Consumer Reports 2024 Reliability Report, though it still placed above the average dependability of U.S. automakers.
Originally, GM planned to discontinue the XT5 for the North American market after the 2024 model year, while overhauling the model for the Chinese market. However, GM Authority recently learned that GM is considering the second-generation Cadillac XT5 for North America, though no decision has been made or announced as of this writing. That said, photos of the next-gen XT5 recently leaked online, showing the next-gen model in the flesh.
Meanwhile, the Cadillac Lyriq is the luxury marque’s first-ever EV and its all-electric replacement to the aging XT5. Furthermore, the first-ever all-electric Cadillac Optiq, revealed this past November and caught in the wild in December, hails as the Cadillac’s entry-level EV offering to eventually replace the XT4, which itself received a refresh for the 2024 model year. These models precede the recently announced first-ever 2026 Cadillac Vistiq, an all-electric three-row crossover set to round out the EV portfolio, slotting in the same space occupied by the Cadillac XT6. The Cadillac Escalade IQ full-sizer will slot above the Vistiq. Additionally, a Cadillac V-Series EV is set to debut this year, likely as the Cadillac Lyriq-V.
Segment | C-Segment Utility | D-Segment Utility | E-Segment Utility | F-Segment Utility |
---|---|---|---|---|
ICE Model | XT4 | XT5 | XT6 | Escalade |
EV Model | Optiq | Lyriq | Vistiq | Escalade IQ |
Its’ worth noting that all of the luxury marque’s gasoline-powered crossovers struggle in their respective segments in terms of sales volume. This is in spite of GM’s mainstream subcompact crossovers seeing great success while crossover models from Chevy, GMC, and Buick all remain competitive. It remains to be seen if the luxury marque can compete better with electric models.
About The Numbers
- All percent change figures compared to Cadillac XT5 sales in Q4 2022, unless otherwise noted
- In the United States, there were 78 selling days for Q4 2023 and 78 selling days for Q4 2022
- 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
Hard to believe GM won’t possibly be manufacturing or selling another generation XT5 in the US after 2024. I love mine and hoped to buy a new one in a few years !
There will be a 2025 model year of the old XT5, which will be its final model year for sure, according to online sources.
I love mine as well. Bought a 2023 xt5. This is my 3rd cadillac.
I really don’t know if will by another cadillac as not interested in EV’S. In canada not a lot of charging stations up north. In 2025 will look at other car companies as cadillac are becoming a thing of the past.
Shame.
WOW 7th place!
Another dumbass decision by the communist dictators at GM ,,AMERICANS don’t want to buy American autos from communist CHINA . and not have a choice of an ice Cadillac . If this 2015 XT5 is assembled in China there will be NO Cadillac in our garage . lets talk about the 7th position in sales ,although the current design is great it is 7 years O L D .. So what did you intellects will do , design minor front and rear update with technical instrument upgrades and give it to China .. WOW you really know to screw the American buyers .. I hope in my lifetime i don’t see Cadillac pass away like Pontiac , Oldsmobile or Saturn …