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GM China Sales Continue Growth Spurt

Nearly all of company's brands were up in August.

by on Sep.07, 2016

GM China President Matt Tsien noted the company's mainstream passenger car entries helped GM to record sales in China last month.

Strong sales by Cadillac helped General Motors and its Chinese partners set a new sales record during August.

GM and its joint ventures delivered 293,537 vehicles in China, which was up 18% year over year. The Cadillac, Buick, Chevrolet and Baojun brands reached all-time highs for the month, the company said.

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“Our mainstream passenger car entries drove our sales momentum,” said GM Executive Vice President and GM China President Matt Tsien. “We are looking to build on our success by adding another five new and refreshed models in the final four months.” (more…)

Cadillac Shifts Focus to China and Beyond

Overseas expansion key to long-term strategy,

by on Mar.08, 2016

Cadillac President Johan de Nysschen plans to add 11 new or updated models by 2020.

While it might still bill itself “the standard of the world,” Cadillac has long been a largely American-focused luxury brand. But as it begins the most aggressive roll-out of new products in its 113-year history, the focus is increasingly shifting overseas.

Though an assault on the European market is on hold, according to Cadillac brand boss Johan de Nysschen, the marque’s future – and, thus, its product strategy – will be increasingly centered on China which is expected to soon become the world’s largest luxury car market.

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“China has to be prioritized,” the South African-born executive stressed during a media drive of the new XT5 crossover-utility vehicle. Developing vehicles that appeal to that country’s increasingly affluent buyers must be “our primary mission.”

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Cadillac and Lincoln Set to Go Head-to-Head in NY with New Flagships

But the real challenge comes from European, Japanese luxury brands.

by on Mar.30, 2015

Lincoln digs into its history to come up with an all-new Continental flagship concept sedan.

It’s been a busy year for luxury automakers who have unleashed a flood of new products at shows around the world in recent months. And the season will wrap up with the unveiling of such new models as the popular Lexus RX crossover, as well as the $205,000 Range Rover SVAutobiography at the New York Auto Show this week.

But two of Detroit’s two luxury brands are likely to capture much of the spotlight in the Big Apple as they roll out new flagship sedans that Cadillac and Lincoln hope will begin the process of rebuilding their once-lofty rolls in the high-line automotive market.

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Ford Motor Co.’s Lincoln brand has been giving a select group of journalists a sneak peek at the new Continental sedan ahead of the NY Auto Show’s two-day media event. Cadillac has been only a wee bit more secretive about its own new flagship, dubbed the CT6.

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Update – Cadillac Flagship Gets a Name: CT6

Caddy to adopt new product naming structure.

by on Sep.24, 2014

Cadillac will call its new flagship the CT6, while it begins to adopt a new naming plan for future products.

Cadillac is adding a significant detail to the various headlines it has made over the last two weeks, announcing that its planned flagship sedan will be emblazoned with the name, CT6 – not to be confused with the midrange Cadillac CTS.

The latest news follows up on Caddy’s confirmation it will be moving its headquarters to NYC in the near future as part of an effort to come in closer contact with the sort of luxury car buyers it hopes to win over to the struggling brand. Word of the flagship sedan was first revealed by General Motors CEO Mary Barra earlier this month. But, as TheDetroitBureau.com reported this week, new Cadillac brand boss Johan de Nysschen is giving strong consideration to a model that would rise even higher into the luxury spectrum.

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As for the CT6, “This Cadillac will be the lightest and most agile car in the class of top-level large luxury sedans,” said Travis Hester, the project’s executive chief engineer. “Using the lessons learned from our dynamic ATS and CTS product lines, we have developed an entirely new vehicle architecture for the CT6. It will employ a mixed material philosophy that combines the best and most efficient components optimized for each area of this new top-of-the-range car.”

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Cadillac Counting on Big Gains in China

Asian nation could soon match U.S. sales.

by on Sep.24, 2014

Cadillac is looking for big gains in China. The luxury maker has seen big gains in the country in recent years, including the new ATS.

Cadillac is counting big on China to give it some much-needed momentum, and the booming Asian market could soon be delivering volume matching that of the U.S., senior Cadillac officials indicate.

General Motors’ flagship brand is launching some of the most significant changes in its 112-year history, and expanding its presence abroad will be critical, new Cadillac chief Johan de Nysschen told TheDetroitBureau.com. But to fully meet the expectations of picky Chinese buyers, Cadillac will also have to deliver more products that are less focused on the demands of the American market.

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Only recently having launched production in Shanghai, China is already expected to see sales of about 70,000 vehicles for all of 2014, a 40% year-over-year increase. “And we could very well hit 100,000 next year,” said de Nysschen. (more…)

Sales in a Slump, Cadillac Loses Another Key Executive

Global chief Ferguson returns to Washington as top lobbyist.

by on Jul.11, 2014

Cadillac's global chief Bob Ferguson with the 2015 Escalade during its NYC debut.

General Motors is looking for an executive to head up the Cadillac division, following the announcement that the luxury brand’s current leader Robert Ferguson has been named Senior Vice President, Global Public Policy.

It’s the latest in a string of top management departures for Cadillac, and comes at a critical time for the brand which is struggling to regain momentum as it rolls out key new products in a bid to reverse a sharp and unexpected sales dip.

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A veteran Washington hand who spent 10 years in the nation’s capital as AT&T’s top lobbyist, Ferguson had spent only two years as Cadillac’s global chief. But his departure isn’t entirely unexpected, as he has been splitting his time between the luxury brand and a key role as part of the management team responding to the recall crisis that has engulfed GM since February.

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Cadillac ATS Lands in China

Luxury model joins XTS in Asian line-up.

by on Nov.27, 2013

The Cadillac ATS makes its Chinese debut.

Hoping to build momentum in what is rapidly becoming the world’s largest luxury car market, Cadillac is introducing its compact ATS model into China where it will join the bigger XTS model introduced earlier in the year.

For now, however, the smaller of the two luxury cars will continue to be imported from the U.S. which means buyers will have to pay a premium in the form of import duties. Caddy began producing the XTS model in China this year.

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The ATS, which Cadillac bills as a luxury sports sedan, is making its official debut at the Auto Guangzhou 2013 car show in Southern China. The imported model will be offered in four trim levels along with five exterior and two interior color options, and will be priced from $52,000 to $72,000, General Motors officials said.

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Daimler Redoubling Efforts to Make up Lost Ground in China

German maker spending $2.7 billion to catch rivals.

by on Aug.29, 2013

Daimler's China chief, Hubertus Troska, recently laid out the company's plans to grow sales in China.

Daimler AG, in a bold effort to catch its German rivals Audi and BMW, plans to sink $2.7 billion in China, starting with a new plant.

The plant is scheduled for completion as early as 2014 and will help Daimler double China production to more than 200,000 units a year, according to Hubertus Troska, who was appointed last fall to reorganize the company’s China operations. Since then, he merged the company’s two distribution arms in China and set up a support unit to coordinate marketing, sales and training initiatives in the country.

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China is set to become Daimler’s largest market as soon as 2015, Troska said. (more…)

China Soon to Be World’s Top Luxury Car Market

Sales of premium models expected to double by 2020.

by on Jun.04, 2013

The new Cadillac XTS gets a splashy launch during China's annual auto show.

It would be tempting to say that James Wang is living the American dream – if it weren’t for the fact that he’s living in Beijing.

The mild-mannered 27-year-old is a self-made mega-millionaire, earning his money building golf courses for the country’s fast-growing leisure class. And like so many of his American counterparts, the young entrepreneur is addicted to automobiles, with a fleet of vehicles ranging from a Subaru WRX STi to a Porsche 911 and even a Maybach M62 in his garage.

While Wang may have a slightly larger personal fleet than most Chinese motorists he’s far from unusual in his taste for premium automobiles.  Luxury cars today fill the streets of many booming Chinese cities, notes Fu Qiang, president and CEO of Volvo Cars China, noting that “All the forecasts call for China to become the world’s largest premium market by 2016.”

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The country is already the largest national automotive market in the world, pushing past the U.S. several years ago. And Chinese industry groups have estimated overall annual demand could surge to 38 million in little more than a decade, exceeding sales in the U.S. and the European Union combined.

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China Set to Become Globe’s Top Luxury Car Market

But there could be unexpected obstacles.

by on Mar.06, 2013

Mercedes opened the world's first standalone AMG Performance Center in Beijing.

Demand for luxury vehicles in China will make it the world’s second-largest market for expensive vehicles by 2016, and number one by decade’s end when it will likely surpass the U.S., according to a new study by the consulting firm of McKinsey & Co.

But industry analysts and planners caution that several obstacles could delay or completely short-circuit the boom in automotive demand in China, both on the mainstream and luxury level.

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Sales of premium vehicles will probably equal that of all of Western Europe by 2020, as incomes continue to rise in what is now the world’s second-largest economy, according to McKinsey & Co. China is already the largest automotive market in the world overall.

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