Cadillac expects record global sales in 2020 – CT6 sedan officially dead
Sat, Jan 25 2020
- Cadillac expects to achieve its third-consecutive year of record global sales in 2020.
- Leading those sales are expected to be double-digit sales gains in China.
- Not contributing to its U.S. sales much longer will be the Cadillac CT6, which will end production at GM’s Detroit-Hamtramck Assembly plant in Michigan at the end of the month.
DETROIT – Cadillac expects to achieve its third-consecutive year of record global sales in 2020, according to head of the General Motors luxury brand.
Those expectations, according to Cadillac President Steve Carlisle, will be led by continued double-digit sales gains in China this year despite some economic uncertainty and slowing sales in the country, primarily in the mass-market.
“We’re still entering new segments in China and we’re still building out a distribution network, so there’s a lot of reasons to believe that we’ll improve volume and share in China this year,” Carlisle told CNBC on Thursday. “It will be double-digit growth again in China.”
Cadillac’s global sales last year were up 8.8% to roughly 390,000 vehicles compared to 2018, led by a 10.9% increase for Cadillac in China. That compares to Cadillac’s U.S. sales, which were up only 1% to more than 156,000 in 2019.
China overtook the U.S. as Cadillac’s top sales market in 2017, two years before executives at the time expected.
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