Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  General Motors Corporation    GM

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

General Motors : Cadillac Global Sales Rise 16.5 Percent in September

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/06/2017 | 03:50pm CEST
  • 16consecutive months of global sales growth
  • US sales up 1.1 percent
  • 103,645 XT5 vehicles delivered worldwide, year-to-date

Cadillac globally sold 35,020 units in September 2017, maintaining a 16-month run of consecutive growth. With these latest results, the brand remains on pace to surpass last year's total of 308,718 vehicles sold. Year-to-date, sales are up 44,336 units compared to September 2016, totaling 256,613 units.

September year-over-year sales increased 1.1 percent in the United States. China continues to be a strong performing market where sales were up by 37.6 percent year over year, followed by significant gains in Japan, the Middle East, Israel and South Korea.

'This continues to be an exciting time for Cadillac as we are enticing new, younger buyers while simultaneously further solidifying our global footprint,' said Cadillac President Johan de Nysschen. 'Ground breaking new technologies like Super Cruise, the first truly hands-free driving technology for the freeway available on the 2018 Cadillac CT6, coupled with our aggressive product offensive beginning next year will help carry this positive momentum for continued growth.'

The XT5 luxury crossover continues to lead sales for the brand with 103,645 units delivered worldwide so far in 2017 while globally, sales of the ATS model grew 15 percent for the month, driven by market share gains in the U.S. and Canada and CT6 rose 6.6 percent for the month

Through September, the brand's average U.S. transaction price remained around $54,000, maintaining the second-highest U.S. average transaction price among major luxury automotive brands.

Cadillac sales in key regions appear in the table below.

SALES BY REGION

17-September

16-September

% Change

YTD-17

YTD-16

% Change

United States

15,530

15,368

1.1

113,846

119,286

(5.4)

China*

17,248

12,539

37.6

124,625

77,028

61.8

ROW

2,242

2,158

3.8

18,142

15,963

13.6

Total`

35,020

30,065

16.5

256,613

212,277

20.9

# # #

ABOUT CADILLAC

Cadillac has been a leading luxury auto brand since 1902. Today Cadillac is growing globally, driven by an expanding product portfolio featuring distinctive design and technology. More information on Cadillac appears at www.cadillac.com. Cadillac's media website with information, images and video can be found at media.cadillac.com.

GM - General Motors Company published this content on 06 October 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 06 October 2017 13:49:03 UTC.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on GENERAL MOTORS CORPORATION
05:49p GENERAL MOTORS : Oklahoma to get $1.6 million settlement with GM
05:24p GENERAL MOTORS : The Week Ahead
04:47p GENERAL MOTORS : State to receive $2.1M of $120M settlement with GM
02:05p GENERAL MOTORS : Attorney General Becerra Takes Retailer Curacao to Court for Un..
02:05p GENERAL MOTORS : Attorney General Herring Reaches $120 Million Settlement With G..
02:04p GENERAL MOTORS : Attorney General Joins $120 Million Settlement With General Mot..
02:04p GENERAL MOTORS : Attorney General Beshear's Settlement With General Motors Yield..
02:03p GENERAL MOTORS : Attorney General Hunter Announces Settlement With General Motor..
02:01p GENERAL MOTORS : 50 Attorneys General Reach $120 Million Settlement With General..
01:39p GENERAL MOTORS : Conn. Joins $120M Settlement With General Motors Over Defective..
More news
News from SeekingAlpha
09:07a Stocks to watch next week
10/20 SHU PORTFOLIO RISK CORNER : 2 Small Commodity Plays
10/20 General Motors Profits Are Up, Driven By 17% U.S. Unibody SUV Growth
10/20 WALL STREET BREAKFAST : Tax Reform Steps Move Dollar, Treasuries
10/19 GM settles with 49 states on ignition switch claims
Financials ($)
Sales 2017 146 B
EBIT 2017 11 421 M
Net income 2017 8 654 M
Finance 2017 8 134 M
Yield 2017 3,35%
P/E ratio 2017 7,74
P/E ratio 2018 7,87
EV / Sales 2017 0,40x
EV / Sales 2018 0,42x
Capitalization 66 463 M
Chart GENERAL MOTORS CORPORATION
Duration : Period :
General Motors Corporation Technical Analysis Chart | GM | US37045V1008 | 4-Traders
Technical analysis trends GENERAL MOTORS CORPORATION
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 42,9 $
Spread / Average Target -6,0%
EPS Revisions
Managers
NameTitle
Mary Teresa Barra Chairman & Chief Executive Officer
Daniel Ammann President
Randall D. Mott Chief Information Officer & Senior Vice President
Patricia Fiorello Russo Independent Director
Carol M. Stephenson Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
GENERAL MOTORS CORPORATION30.17%66 463
TOYOTA MOTOR CORP1.77%201 132
DAIMLER-2.52%86 664
VOLKSWAGEN8.47%85 922
BAYERISCHE MOTOREN WERKE-0.62%66 049
HONDA MOTOR CO LTD0.53%54 688