Inovev forecasts 30,000 new Cadillac CT5 per year
- At the New York Motor Show, the GM group unveiled the new Cadillac CT5 (E segment), which replaces the CTS and fits in the manufacturer's range between the ATS (D segment), which will give birth to the CT4 next year, and the CT6 (F segment), whose days are running out. The Cadillac CTS was launched in 2001 and renewed in 2007 and 2013. Its success was relative and above all unsustainable since its worldwide sales fell from 85,000 units in 2008 to 40,000 in 2009, 25,000 in 2013 and 10,000 in 2018. This collapse in CTS sales is typical of mid-range sedans in the U.S. market, but at Cadillac, it has taken on the form of a rout. Cadillac, whose sedans were very popular in the 1960s and 1970s, is probably no longer credible in this category of vehicles. This is regrettable because the GM group's luxury brand is increasingly marginalizing itself against the Premium, German, Japanese, Swedish and British brands. The same situation can be observed at Lincoln, the Ford group's luxury brand.
- The Cadillac CT5 will try to boost the manufacturer's sales. Inovev forecasts a sales volume of 30,000 units per year, three times higher than the CTS volume in 2018, but much lower than the CTS volume in the years before 2013. The CT5 will be manufactured at GM's Lansing, Michigan facility. Based on the GM Alpha platform (Cadillac ATS), the CT5 will be equipped with a 2.0 turbo petrol, and a 3.0 twin-turbo petrol V6 engine.
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