XT5 Leads Cadillac to 3.2% Sales Increase in December
Cadillac sales in the United States totaled 21,446 vehicles in December, a 3.2% year-over-year increase from December 2015. Retail sales for the month were down 10% at 17,061 units. The brand was led to an overall positive sales month by the continued upward momentum of the new XT5 crossover and a strong month from both the Escalade and Escalade ESV.
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XT5 sales in December totaled 7,436 units, surpassing the 7,031 units sold by its predecessor, the SRX, in the previous December. In addition to achieving its best retail sales mark since launch, Cadillac also notes that the XT5 saw a much higher average transaction price (ATP) in December than the SRX had in the year prior. With inventory rising to meet demand for Cadillac’s latest product, the XT5 wraps up the year with sales totaling 39,485 units.
Cadillac’s other newest product, the CT6, ended its first year on the market with December sales totaling 1,293 units. Sales of the CT6 totaled 9,169 in 2016.
Sales of the Escalade increased 23.5% in December at 3,388 units delivered, while sales of the Escalade ESV rose 8.8% with 2,084 units sold. For the whole of 2016, Escalade sales were up 11.2% with 23,604 units delivered, and Escalade ESV sales were up 5.4% at 15,488 units.
Sales of the XTS were also up in December at 3,129 units, improving 1.9% year-over-year. Cadillac also set its highest ATP for December last month at $56,949 per vehicle.
Cadillac’s 2016 sales total stands at 170,006, down 3% from its mark in 2015. Retail sales declined 4.8% at 148,367 units.
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