Cadillac CTS sales held at over 4K for June, just surpassing Cadillac SRX sales of 3,951 for the month. With the overall change in model mix total sales were down for June by 11%. Retail sales increased by 5%, but this increase was offset by planned reductions in lower margin rental sales.
DTS sales are in close-out mode; the XTS is in my mind overdue for its showroom appearance, and won’t be along until next Spring. The last few XLR and STS models are also finding happy owners. Escalade sales continue to show effects of high fuel prices.
Overall situationally a good sales month for Cadillac.
|January – June|
|2011||2010||% Chg Volume||%Chg per S/D||2011||2010||%Chg Volume|
|Selling Days (S/D)||26||25|
Press Release Summary:
Cadillac: Cadillac reported total sales of 10,860 for June, an 8-percent decrease versus last June due to planned reductions in sales to rental accounts. For the month, retail sales increased 5 percent. June was the 17th consecutive month of year-over-year retail sales gains. CTS retail sales continued to be brisk – up 16 percent – driven by the popular CTS Coupe. For the year-to-date, Cadillac total sales are up 18 percent to 76,122 (read more).