Cadillac Sales Jump 39.9% in May

Cadillac sales were up 39.9% in May 2013 compared to the same period in 2012 as the ATS at 3,259 and XTS at 2,429 continue to shine.  SRX was down slightly but still led all models at 3,744.  CTS sales were the lone low light at 2,457 units, or 41% off last year.

DETROIT – Cadillac’s year-to-date sales increase of 38 percent will be the brand’s largest since 1976, making the 110-year old brand the fastest growing major automotive brand in the U.S.

When sales are officially reported later today, Cadillac’s May increase of 40 percent will mark its 12th consecutive month of sales growth.

“Cadillac is back.” said Bob Ferguson, vice president, Global Cadillac. “Our growth is product-driven, new luxury vehicles with dramatic design and performance drawing new customers to showrooms.”

The ATS sport sedan, 2013 North American Car of the Year and Esquire Car of the Year, has been instrumental in attracting new buyers. Roughly 70 percent of ATS buyers are choosing their first Cadillac.  The XTS luxury sedan, introduced in the summer of 2012, had its best retail sales in May. Cadillac’s total sedan portfolio is up 122 percent so far in 2013.

Cadillac’s iconic Escalade will report its best May sales since 2008

  May (Calendar Year-to-Date)
January – May
  2013 2012 %Change Volume   2013 2012 %Change Volume
ATS 3,249 0 ***.*   15,724 0 ***.*
CTS 2,457 4,161 -41.0   12,717 20,437 -37.8
DTS 0 75 ***.*   3 350 -99.1
Escalade 1,033 916 12.8   4,642 4,830 -3.9
Escalade ESV 695 669 3.9   3,160 3,089 2.3
Escalade EXT 200 137 46.0   973 672 44.8
SRX 3,744 3,900 -4.0   20,078 21,190 -5.2
STS 1 13 -92.3   3 120 -97.5
XTS 2,429 0 ***.*   12,450 0 ***.*
Cadillac Total 13,808 9,871 39.9   69,750 50,688 37.6

Overall Cadillac continues to make good progress compared to the empty line up last year, but at just under 70K cars year to date is behind the class leaders for the first 5 months.  In May Mercedes was up 8%, for 27,359 units — so Cadillac needs to double sales to be competitive,

May Highlights (vs. 2012)

  • Cadillac’s 40 percent sales increase marked its best May since 2007.

     

I wonder who found and snapped up the last STS?

Cadillac April Sales up 34% in 2013

Cadillac sales were up 34% in April, with momentum led by the new models — ATS and XTS.  Cadillac SRX sales were actually down 13%, and CTS sales were off 43% as we look for the new 2014 redesign to arrive in the Fall.

Cadillac ATS -- Theo Johnson tests the brake system on an ATS

Cadillac ATS — Theo Johnson tests the brake system on an ATS

Cadillac XTS sales at 2,891, and ATS sales at 2,725 took up the slack, pushing Cadillac to 37% increased sales so far for the year.

ATS sales are still below target — this model should be selling at 5K+ per month.  Although it appears at first that ATS is cannibalizing CTS sales, 80%+ of ATS sales are conquests, not former CTS customers.  Cadillac is still not getting the ‘goodness’ of the new ATS design and execution in front of their target customers.

  April (Calendar Year-to-Date)
January – April
  2013 2012 %Change Volume   2013 2012 %Change Volume
ATS 2,725 0 ***.*   12,475 0 ***.*
CTS 2,398 4,202 -42.9   10,260 16,276 -37.0
DTS 0 39 ***.*   3 275 -98.9
Escalade 919 908 1.2   3,609 3,914 -7.8
Escalade ESV 619 543 14.0   2,465 2,420 1.9
Escalade EXT 199 141 41.1   773 535 44.5
SRX 3,478 3,998 -13.0   16,334 17,290 -5.5
STS 1 20 -95.0   2 107 -98.1
XTS 2,891 0 ***.*   10,021 0 ***.*
Cadillac Total 13,230 9,851 34.3   55,942 40,817 37.1

Sales for the Mercedes brand rose 5.8 percent to 23,635 in April, while BMW posted a 10 percent increase to 23,225.  Cadillac has a lot of room for improved sales.

Cadillac was the industry’s fastest-growing brand in the first quarter, and April’s results bring the brand’s year-to-date sales increase to 37 percent.

Cadillac Press Release:

DETROIT – Driven by the popularity of two new cars – the ATS and larger XTS – sales of Cadillac luxury sedans are up 109 percent compared to models the brand was selling a year ago. April was the 11th consecutive month of year-over-year retail sales gains.

Total U.S. sales for Cadillac were up 34 percent for April and 37 percent for the first four months of the year.

“The ATS sport sedan and XTS luxury sedan have significantly broadened our portfolio, and are attracting new buyers to Cadillac,” said Chase Hawkins, vice president of Cadillac sales and service. “This growth is driving market share increases for the overall brand and in specific key segments.”

The ATS sport sedan continued to bring in new customers from competitors. More than eight in 10 ATS buyers traded in something other than a Cadillac with most non-GM trade-ins coming from BMW, Audi and Lexus.

The XTS luxury sedan gained nearly a full percentage point of market share in April, despite deep incentive offers from luxury competitors. April was also XTS’s best month for sales to individual customers since its launch.

Cadillac February Sales up 20% on strong ATS sales

Get them while they’re hot — the ATS surpassed the Cadillac CTS in sedan sales for the 2nd time in February and is now Cadillac’s best-selling sedan.   SRX sales continued strong, and XTS sales were good.

Escalade continues to sail against the headwinds of higher gas prices and tighter budgets.

  February (Calendar Year-to-Date)
January – February
  2013 2012 %Change Volume   2013 2012 %Change Volume
ATS 3,382 0 ***.*   6,163 0 ***.*
CTS 2,566 4,570 -43.9   5,071 7,589 -33.2
DTS 0 68 ***.*   3 157 -98.1
Escalade 846 1,011 -16.3   1,703 1,996 -14.7
Escalade ESV 582 690 -15.7   1,100 1,221 -9.9
Escalade EXT 191 150 27.3   363 258 40.7
SRX 4,108 4,983 -17.6   8,488 9,149 -7.2
STS 1 33 -97.0   1 59 -98.3
XTS 2,169 0 ***.*   4,069 0 ***.*
Cadillac Total 13,845 11,505 20.3   26,961 20,429 32.0

Summary — Moving Luxury Metal

Overall a good month for Cadillac, with sales up over 20% from last year.

The updated Cadillac CTS, along with the redesigned Buick LaCrosse and Regal, will be unveiled at the New York International Auto Show later this month.  The new CTS will be on the same lighter, more efficient Alpha platform as the ATS, but larger and a bit upmarket from the ATS.

We are still watching for the Omega based large Cadillac (LTS or Ciel) to emerge, and for the previously announced ELR extended range model to reach showrooms.