Cadillac gave a brief presentation at this time going over its enterprise efficiency, and it included some attention-grabbing tidbits. Amongst them was the announcement that we’ll see three new EVs from the American luxury brand this 12 months. Additionally, it had a surprisingly sturdy 12 months for sedan sales final 12 months.
The announcement of recent EVs comes because the model is ramping up manufacturing of its first, the Lyriq. The model stated it could attain its 1,000th Lyriq constructed by the top of this week. It is also going to start out manufacturing of the Celestiq flagship this December. All three of the new cars will probably be revealed all year long. No precise availability estimates got, however Cadillac plans to have all three of them begin manufacturing someday in 2024 (which may embody some beginning on the very finish of that 12 months).
Cadillac additionally had excellent news for followers of sedans. CT4 and CT5 U.S. gross sales have been up by round 40%. CT5 particularly had its greatest gross sales 12 months because it was launched. Cadillac representatives famous that a few of this enchancment is due partly to 2022 being one of many first years that nothing was impeding manufacturing and gross sales, from provide chain points to the pandemic. Additionally, the common age of Cadillac sedan patrons goes down, notably with Blackwing buyers.
That being stated, sedans are nonetheless behind Cadillac’s SUVs in gross sales. The CT5 bought a bit fewer than 16,000 and the CT4 bought a little bit greater than 9,000. Each SUV save for the Lyriq, which was simply beginning out, bought greater than 20,000 models within the U.S. And among the many SUVs, the Escalade stays king with greater than 40,000 models crossing tons.