Young Research & Publishing Inc.

Investment Research Since 1978

Disclosure

  • About Us
    • Contributors
    • Archives
    • Dick Young’s Safe America
    • The Final Richard C. Young’s Intelligence Report
    • You’ve Read The Last Issue of Intelligence Report, Now What?
    • Dick Young’s Research Key: Anecdotal Evidence Gathering
    • Crisis at Vanguard
  • Investment Analysis
    • Bonds
    • Currencies and Gold
    • Dividend Investing
    • ETFs & Funds
    • Investment Strategy
    • Retirement Investing
    • Stocks
    • The Efficient Frontier
  • Investment Counsel
  • Dynamic Maximizers®
  • Retirement Compounders®
  • Free Email Signup

Cadillac Flying High in China

January 8, 2018 By Young Research

By Roman Tiraspolsky @ Shutterstock.com

The year 2017 set a milestone for Cadillac. Last year, for the first time, more Caddies sold in China than in the U.S. Mike Colias reports:

Cadillac sold more vehicles in China than in the U.S. last year for the first time, an unexpected milestone that highlights the storied brand’s severe struggles at home as much as it represents momentum abroad.

General Motors Co.’s luxury brand’s sales surged 51% last year to 175,489 vehicles in China, where it began selling cars in earnest only in the last decade. Cadillac’s tally in the U.S.—where it dominated automotive luxury for nearly a century after its 1902 founding—sank 8% to 156,440.

Strength in Asia lifted Caddy to a 15.5% increase globally, and its second-best annual sales performance. However, it has become a backseat player in a U.S. luxury market dominated by German brands and Lexus.

Read more here.

Cadillac’s bet on China

Share this:

  • Email
  • Twitter
  • Facebook

You Might Also Like:

  • China’s Relentless Auto Sales Slowdown
  • China’s Future Factories
  • Can Copper Recover without China?
  • Author
  • Recent Posts
Young Research
Latest posts by Young Research (see all)
  • Happy Memorial Day! - May 30, 2022
  • Happy Easter! - April 15, 2022
  • India and China Quietly Eschew Sanctions, Buy Russia’s Oil - March 24, 2022

Search Young Research

Most Popular

  • Here’s Why You Need a 15-Year Retirement Investment Plan
  • Why Work When Taxes Take It All?
  • Are Google, Amazon, and Microsoft About to Crash This Specialized Real Estate Market?
  • What Happens to Your Passwords When You Die?
  • Is the Great Job Boom Over?
  • Regulators' Bungled Attempts to Cut Emissions Drove Oil Prices Higher
  • RURAL RENAISSANCE: America Finds the Country Again
  • The Power of a Compound Interest Table
  • Your Survival Guy: Clearing the Decks, Buying a Boat, Seeing the World and More
  • Vanguard Wellesley (VWINX) vs. Wellington (VWELX): Which Fund is Best?

Don’t Miss

Default Risk Among the Many Concerns with Annuities

Risk and Reward: An Efficient Frontier

How to be a Billionaire: Proven Strategies from the Titans of Wealth

Could this Be the Vanguard GNMA Winning Edge?

Cryptocosm and Life After Google

Warning: Avoid Mutual Fund Year End Distributions

Is Gold a Good Long-term Investment?

How to Invest in Gold

Vanguard Wellington (VWELX): The Original Balanced Fund

What is the Best Gold ETF for Investing and Trading?

Procter & Gamble (PG) Stock: The Only True Dividend King

The Dividend King of the North

You’ll Love This if You’re Dreaming of an Active Retirement Life

RSS The Latest at Richardcyoung.com

  • For Investors Who Want to Stop Worrying About a Market Crash
  • Breaking News: House Election Update
  • WATCH: New York Governor Melts Down When Asked for Facts
  • Florida Is a Refresher Course in American Greatness
  • Should You Believe Ms. Hutchinson?
  • Biden’s Economy Even Weaker than Thought
  • A Cashless Society Is A Debacle for Americans
  • Time to Save, Troubles Dining Out, and Intelligence on Yellowstone
  • Democrats Running AWAY from Biden on the Campaign Trail
  • Touch Sensitive Robots Could Revolutionize Manufacturing

About Us

  • About Young Research
  • Archives
  • Contributors

Our Partners

  • Richard C. Young & Co.
  • Richardcyoung.com

Copyright © 2022 | Terms & Conditions

 

Loading Comments...
 

    loading Cancel
    Post was not sent - check your email addresses!
    Email check failed, please try again
    Sorry, your blog cannot share posts by email.