Cadillac CT5 sales decreased in the United States and Canada during the first quarter of 2024.
Cadillac CT5 Sales - Q1 2024 - United States
In the United States, Cadillac CT5 deliveries totaled 3,022 units in Q1 2024, a decrease of about 34 percent compared to 4,593 units sold in Q1 2023.MODEL | Q1 2024 / Q1 2023 | Q1 2024 | Q1 2023 |
---|---|---|---|
CT5 | -34.20% | 3,022 | 4,593 |
Cadillac CT5 Sales - Q1 2024 - Canada
In Canada, Cadillac CT5 deliveries totaled 148 units in Q1 2024, a decrease of about 47 percent compared to 278 units sold in Q1 2023.MODEL | Q1 2024 / Q1 2023 | Q1 2024 | Q1 2023 |
---|---|---|---|
CT5 | -46.77% | 148 | 278 |
Competitive Sales Comparison (USA)
Cadillac CT5 sales kept the luxury sedan mid-pack from the previous quarter in a crowded segment of 15 entries when ranked by sales volume during Q1 2024. BMW stayed in the top two spots, with the 4 Series still in the lead despite a 26 percent slide in sales to 8,847 units, followed by the 3 Series in second with a 25 percent bump for 8,412 deliveries. The Mercedes-Benz C-Class stayed at third with an eight percent uptick to 8,052 units, while the Volvo S60 moved up to fourth with a 219 percent leap to 5,246 units. The Lexus IS kept fifth place with a seven percent slip to 5,007 units, but the Audi A5 moved down two spots to sixth with a 14 percent slide to 4,796 units, and the Cadillac CT5 (see running Cadillac CT5 sales) maintained seventh place with 34 percent drop to 3,022 units. The rest of the field each saw less than 2.7K deliveries.
Sales Numbers - D-Segment Luxury Cars - Q1 2024 - USA
MODEL | Q1 24 / Q1 23 | Q1 24 | Q1 23 | Q1 24 SHARE | Q1 23 SHARE |
---|---|---|---|---|---|
BMW 4 SERIES | -26.26% | 8,847 | 11,997 | 16% | 21% |
BMW 3 SERIES | +24.60% | 8,412 | 6,751 | 16% | 12% |
MERCEDES-BENZ C-CLASS | +7.88% | 8,052 | 7,464 | 15% | 13% |
VOLVO S60 | +219.10% | 5,246 | 1,644 | 10% | 3% |
LEXUS IS | -6.60% | 5,007 | 5,361 | 9% | 9% |
AUDI A5 | -14.33% | 4,796 | 5,598 | 9% | 10% |
CADILLAC CT5 | -34.20% | 3,022 | 4,593 | 6% | 8% |
GENESIS G70 | +4.34% | 2,692 | 2,580 | 5% | 4% |
ACURA TLX | -29.30% | 2,630 | 3,720 | 5% | 6% |
AUDI A4 | -53.20% | 2,452 | 5,239 | 5% | 9% |
INFINITI Q50 | +2.27% | 1,397 | 1,366 | 3% | 2% |
ALFA ROMEO GIULIA | -33.75% | 640 | 966 | 1% | 2% |
LEXUS RC | +7.89% | 410 | 380 | 1% | 1% |
INFINITI Q60 | -90.11% | 37 | 374 | 0% | 1% |
VOLVO V60 | +52.94% | 104 | 68 | 0% | 0% |
TOTAL | -7.50% | 53,744 | 58,101 |
The CT5 earned a six percent market share in its segment, down two percentage points year-over-year. The 4 Series and 3 Series each posted a 16 percent segment share, down five percentage points and up four percentage points, respectively. The C-Class held a 15 percent share, up two percentage points, followed by the S60 with a 10 percent share, up seven percentage points. The IS and A5 each posted a nine percent share, with the IS maintaining and the A5 down one percentage point. The remaining entries each earned a segment share of five percent or less.
Below, we’re providing a summary of models with more than one entry:
- BMW: 17,259 units / 32 percent share
- Audi: 7,248 units / 14 percent share
- Lexus: 5,417 units / 10 percent share
- Volvo: 5,350 units / 10 percent share
- Cadillac CT5: 3,022 /6 percent share
- Infiniti: 1,434 units / 3 percent share
Cumulative sales of the BMW 3 Series and 4 Series gave the Bavarian automaker 17,259 deliveries for a 32 percent segment share.
Sales Numbers - BMW D-Segment Luxury Cars - Q1 2024 - USA
MODEL | Q1 24 / Q1 23 | Q1 24 | Q1 23 | Q1 24 SHARE | Q1 23 SHARE |
---|---|---|---|---|---|
BMW 3 SERIES | +24.60% | 8,412 | 6,751 | 49% | 36% |
BMW 4 SERIES | -26.26% | 8,847 | 11,997 | 51% | 64% |
TOTAL | -7.94% | 17,259 | 18,748 |
Combined sales of the Audi A4 and A5 garnered the German automaker 7,248 deliveries, giving it a 14 percent segment share, placing it second.
Sales Numbers - Audi D-Segment Luxury Cars - Q1 2024 - USA
MODEL | Q1 24 / Q1 23 | Q1 24 | Q1 23 | Q1 24 SHARE | Q1 23 SHARE |
---|---|---|---|---|---|
AUDI A4 | -53.20% | 2,452 | 5,239 | 34% | 48% |
AUDI A5 | -14.33% | 4,796 | 5,598 | 66% | 52% |
TOTAL | -33.12% | 7,248 | 10,837 |
Both Lexus entries, the IS and its two-door coupe derivative, the RC, enabled the Japanese automaker to post a combined 5,417 sales for a 10 percent segment share.
Sales Numbers - Lexus D-Segment Luxury Cars - Q1 2024 - USA
MODEL | Q1 24 / Q1 23 | Q1 24 | Q1 23 | Q1 24 SHARE | Q1 23 SHARE |
---|---|---|---|---|---|
LEXUS IS | -6.60% | 5,007 | 5,361 | 92% | 93% |
LEXUS RC | +7.89% | 410 | 380 | 8% | 7% |
TOTAL | -5.64% | 5,417 | 5,741 |
Volvo’s two entries, the S60 and V60 ranges, posted combined sales of 5,350 deliveries for a 10 percent segment share.
Sales Numbers - Volvo D-Segment Luxury Cars - Q1 2024 - USA
MODEL | Q1 24 / Q1 23 | Q1 24 | Q1 23 | Q1 24 SHARE | Q1 23 SHARE |
---|---|---|---|---|---|
VOLVO S60 | +219.10% | 5,246 | 1,644 | 98% | 96% |
VOLVO V60 | +52.94% | 104 | 68 | 2% | 4% |
TOTAL | +212.50% | 5,350 | 1,712 |
Infiniti’s two entries, the Q50 and its two-door coupe variant, the Q60, earned the Japanese automaker a combined 1,434 deliveries with just a three percent segment share.
Sales Numbers - Infiniti D-Segment Luxury Cars - Q1 2024 - USA
MODEL | Q1 24 / Q1 23 | Q1 24 | Q1 23 | Q1 24 SHARE | Q1 23 SHARE |
---|---|---|---|---|---|
INFINITI Q50 | +2.27% | 1,397 | 1,366 | 97% | 79% |
INFINITI Q60 | -90.11% | 37 | 374 | 3% | 21% |
TOTAL | -17.59% | 1,434 | 1,740 |
The D-segment luxury car segment sales slipped eight percent with 53,744 deliveries in Q1 2024, meaning CT5 sales significantly underperformed the segment average.
The GM Authority Take
Cadillac CT5 sales were down for the second quarter in a row, continuing the reversal of a positive trend during the first three quarters of 2023. In spite of that, it maintained its seventh-place, mid-pack showing among 15 entries. Many of its rivals—namely BMW, Mercedes-Benz, Lexus, and Audi—keep beating the CT5 on a collective basis, with even Volvo beating it this time around.
Overall, Cadillac’s new-vehicle inventory rose in January, right at 60 days supply, which is generally considered optimal in the automotive industry, so we can’t really attribute poor sales performance to that. Interestingly, GM Authority sources indicate that GM builds roughly 1,000 units of the Cadillac CT4-V Blackwing and Cadillac CT5-V Blackwing a year.
The refreshed CT5 lineup will hit dealerships later this year, which may provide a much-needed boost to sales. Time, of course, will tell.
About Cadillac CT5
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 and the CT5-V Blackwing. Additionally, the 2024 CT5 Onyx Package will include a new decklid spoiler.
The 2024 Cadillac CT5-V and 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.
This past September, GM debuted the refreshed 2025 Cadillac CT5, revealing new styling and tech along with more standard safety items. CT5 trim levels include Luxury, Premium Luxury, and Sport. Outside, we find contemporary styling with an updated front fascia and a lower, wider front grille. Inside, the refreshed CT5 features an all-new 33-inch touchscreen with 9K resolution and a customizable user interface.
In January, GM revealed the refreshed 2025 Cadillac CT5-V and updated Cadillac CT5-V Blackwing. For 2025, the GM Super Cruise semi-autonomous driver assist system is now included as standard on the CT5, CT5-V, and CT5-V Blackwing, when the latter is equipped with the optional automatic transmission.
The 2025 CT5 drops the Luxury trim level and the V Performance Package, but the 2025 Cadillac CT5-V Blackwing will continue offering Carbon Fiber Packages.
Production of the 2025 Cadillac CT5 has now been delayed to May 6th.
Check out this video featuring the refreshed 2025 CT5-V and CT5-V Blackwing as Cadillac celebrates 20 years and four generations of the V-Series:
About The Numbers
- All percent change figures compared to Cadillac CT5 sales for Q1 2023, unless noted otherwise
- In the United States, there were 76 selling days for Q1 2024 and 75 selling days for Q1 2023
- Cadillac CT5 sales include CT5, CT5-V, and CT5-V Blackwing
- GM Q1 2024 sales reports:
- GM Q1 2024 sales U.S.A.
- GM Canada sales Q1 2024
- GM Mexico sales Q1 2024
- GM China sales Q1 2024
- GM Brazil sales Q1 2024
- GM Argentina sales Q1 2024
- GM Chile sales Q1 2024
- GM Colombia sales Q1 2024
- GM South Korea sales Q1 2024
- GM South Korea January 2024 sales
- Chevrolet South Korea January 2024 sales
- Cadillac South Korea January 2024 sales
- GM South Korea February 2024 sales
- Chevrolet South Korea February 2024 sales
- GMC South Korea February 2024 sales
- Cadillac South Korea February 2024 sales
- GM South Korea March 2024 sales
- Chevrolet South Korea March 2024 sales
- Cadillac South Korea March 2024 sales
- GM South Korea January 2024 sales
Comments
Not going to sell what you really don’t care if you sell it. Same for CT4 and Malibu.
GM just doesn’t care. If it’s not some huge gas hog SUV or truck, they could care less.
If you don’t buy it, it will be replaced with another 2 box SUV…
Bob W: You hit the nail on the head. And this is kind of like the dog chasing it’s tail and never getting it. GM refuses to give us it’s all on any sedan (unlike what they do with the trucks and SUV’s). GM let’s them rot on the vine. GM hints that they will only be around for so long. GM keeps changing the names instead of keeping a will known name.
So why would anyone buy them? People don’t want to spend 30 or 40 or 50 grand or more just to learn that it’s been dropped the following week. And yet, last year alone, sedan sales (cars in both 2 and 4 door, convertible and hatch) sold well over 4 million units if you can find and include the numbers for the Tesla Model S and 3.
Barra has to go.
In my opinion the problem is a complete lack of Marketing. Cadillac doesn’t advertise the CT5 and so it doesn’t sell. You’d think Cadillac would have learned a lesson from the CTS and the CT6. Neither were advertised and neither sold. By comparison, ALL of the competitors that are selling are heavily advertised. You can’t watch TV for any significant length of time without seeing an ad for BMW, Mercedes, Audi or Lexus. Advertising works !!!! Cadillac needs to fire its VP of Marketing and hire one that understands Marketing 101.
It’s a little bit more than just the marketing. Cadillac needs new engineers in the electronics department. What a joke. With what you say about “Cadillac needs to fire its VP of Marketing and hire one that understands Marketing 101, ” I also say the same about the electronics.
GM needs an edge vs the competition. Make the normally aspirated 6.2L the standard engine on the “V” and make it available on on the Luxury trim.
The volume doesn’t justify very high marketing expenses that may or may not make a difference. Keep in mind that Cadillac is a Ch1nese and US brand while all main competitors are true world brands with significantly higher TOTAL world volumes.
Wow DenMor. Did you actually read what you just said? The entire purpose of “marketing” is to promote and sell a product. If McDonald’s want people to know they offer a fish sandwich and not just burgers, how do they do that? Would the answer be to not promote it? Not to advertise it?
But you say they only sell a fraction of the fish sandwiches compared to the burgers. Why advertise it?
Your comment has me seriously scratching my head.
Most companies “market their premium cars” instead of complaining that they aren’t selling themselves. Meanwhile Cadillac never fails to push their entire line of outdated SUV’s which are always discounted. “Hey GM, go watch how European manufacturers market their premium lines” because you really could learn a thing or two.
Some potential CT5 buyers might have held off waiting for the 2025.
Cadillac + Buick used to sponsor a pro golf tournament. That was worth sales and advertising in front of people with $.
Cadillac dealers focus a lot on Escalade, V + BW and EVs and stock these.
Maybe BMW sells more because of the available wood trim options or that it’s available in a coupe?
Wood Lover: Agree with you. Nothing screams cheap like opening the door to a brand new Cadillac Luxury trim CT4 or CT5 and having nasty silver or gray plastic trim looking like something out of a lego set. To get real wood trim, you have to jump up to the next level and then you get stuck with more stuff you don’t want or need.
I’m old enough to go back to the 70’s and 80’s where the car magazine crucified GM, Ford and Chrysler for using “fake wood trim” in their vehicles. I never agreed with that and feel it’s better looking than silver or gray or black plastic. So we can thank them for helping to kill the more plush interiors.
I have a 2024 CT5, and I’m here to tell you that GM has inexperienced people working with electronics in this car. Old fossils need to be fired. What a joke. OnStar hasn’t changed a bit for the last 15 years. What’s up with that? I wish I hadn’t bought one. I am very disappointed with the technologies GM is putting out on the market today. 😖
It might have to do with the refresh that’s coming. Why buy this when the upgraded version is right around the corner. The interior is outdated.
Time will tell if the 2025 CT5 price increase will hurt sales as there are many other offerings from other brands that consumers can get with the new CT5 price.