Cars and Drivers

Lincoln Sales Rise as Cadillac Craters

coutesty of Lincoln Motor Co.

Sales of troubled luxury car brands Lincoln and Cadillac moved different directions in January.

In January, Ford Motor Co.’s (NYSE: F) Lincoln sales rose 8.4% to 7,177 year over year, led by sales of its MKX sport utility vehicle (SUV). The MKX has been updated for 2016. It carries a mid-level SUV price of $38,260. Lincoln can claim its new model launch has been a success.

General Motors Co.’s (NYSE: GM) Cadillac total sales fell 8% to 10,740. Retail sales plunged 27.3% to 7,982. Only sales of the Cadillac SRX SUV posted a large increase, 37.1%, based on total sales to 4,778. It carries a base price of $37,605 (directly competitive to the MKX).

However, sales of Cadillac’s ATS and CTS plummeted. ATS sales fell 39.3% to 1,067. The CTS, one of the Car & Drivers “10 Best,” saw sales off 40.3% to 1,013. The ATS is the Cadillac entry-level car, with a base price of $33,215, meant to compete with the low-end luxury vehicles of Mercedes and BMW. The CTS carries a base price of $53,495, which puts it up against the BMW 5 Series and Mercedes E-Class.

The failure of Cadillac’s car lines is more evidence GM has a brand that will take years to turn around, and it may not make the turn at all.

 

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