Fake news!
Something you missed is Alfa doesn't have much of a presence in the US and sill sold almost as many Giulias as Stingers here in US against huge Kia dealer network across the US. Alfa smashed Stinger Sales in Europe by thousands of Giulia units. Kia isn't even selling 300 units a month across Europe now. Cadillac sold twice as many CTS sedans in Europe than Stingers. Europeans are voting with their feet and leaving Stinger for dead and still choosing favored European models. Not to mention stinger is dead in China while all other luxury cars are doing very well there including Caddy's.
Alfa did NOT sell almost as many Giulias as Stingers.
16,806 vs.
11,519 is not an insignificant delta.
The Giulia did
68% of the Stinger's volume, and the Stinger, unlike the Giulia, was still ramping up supply early in 2018.
The Giulia only broke the
1k sales barrier for
3 months in 2018 (only did it twice in 2017).
The Stinger surpassed the 1k sales mark for
every month in 2018.
Haven't really followed Giulia sales overall, but don't think it's a big seller in Europe (outside of maybe Italy).
Back in
July of last year, the Stinger outsold pretty much everything in
Germany that wasn't a BMW, MB, or Audi in its size segment.
Stinger -
107
Giulia -
78
XE -
77
IS -
20
ATS -
14
Q50 -
5
You don't think the Germans care about things like brand prestige?
They do, but being Germans, they also care about the actual attributes of said vehicle/model - which is why the
i30N has been such a success in Germany (the Germans appreciate good engineering).
As for the
CTS, you're mistaken, Cadillac would be lucky to have sold 300 CTS for the year in Europe.
As for the dealer network, # of dealerships isn't nearly as important as location and look/feel of the facilities.
Over
70% of luxury auto sales comes from just the
Top 30 markets.
Cadillac was looking to reduce its dealership count as a whopping
43% of the brand's
925 dealerships
sold 50 or fewer vehicles to retail customers in a calendar year.
That's why the initial plan for the Genesis dealer network was limited to
100 stores.
The Canadian market is a good gauge of sales as most of luxury sales are limited to the Toronto, Montreal and Vancouver metro areas.
Thru Sept., Kia sold
1,310 Stingers (no 2.0T sales yet) compared to
433 Giulia sales by Alfa.
For cars that are sold under parent company branding often they aren't marketed as luxury cars. That's definitely the case in Europe with Nissan. Cars are equipped differently to meet market demand. Nissan like Kia has struggled to break into European luxury markets. Europeans are much less excepting of Kia as a luxury car for sure. In Japan its more of a cost thing and not as much need to differentiate separate luxury brand as Japanese have always had top end luxury cars from Toyota and Nissan. Similar to Kia and Hyundai in Korea selling luxury cars domestically
Then why does the non-lux branded Stinger continue to outsell the Giulia, XE, IS, ATS and Q50 in Germany (and other Germanic states)?
The biggest problem for the Stinger over in Europe is the CO2 tax hit.
That's why the more efficient 2.5T motor will help, along w/ a hybrid variant (most IS sales in Europe is for the hybrid).
Id argue Lexus is far from "cheap" luxury car now. Yes they have some value entries but still offer cars that compete with Mercedes very much on merit not price. They were very effective at making a standalone luxury product that competes head on with Mercedes and have you looked at prices of Lexus lately? Not cheap! ....several cars with starting prices over $80K going into $100K with options. Let me know when Kia starts selling cars north of $80K USD in US. LOL! Hell they can barely get $40K for top of line GT2 Stingers these days after all discounts they have to offer to close a sale.
The Lexus RWD sedans are still a
value play against the RWD Germans, esp. Mercedes.
And despite that value play, Lexus' RWD sales continue to
decline (so much so that the GS looks to be on its way out).
The vast majority of Lexus sales consists of the cheaper FWD models - NX, ES and RX and that'll only be more so w/ the addition of the UX.
Genesis, otoh, has opted for RWD CUVs (at least for the
GV80 and GV70).
The
GV80 will be more luxurious than the RX and the GV70 more luxurious than the NX; and wouldn't be surprised to see them priced alongside (if not slightly higher) than the Lexus models.
You may want to rethink your
fake news allegation.