Cadillac Ups Escalade Production by 2,000 Trucks To Cover Demand

Jan 13, 2015 07:00 PM EST | Jordan Ecarma

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Cadillac will increase production of its Escalade model by more than 2,000 extra vehicles to keep up with demand for the redesigned sport utility vehicle.

Coming from the General Motors plant in Arlington, Texas, the extra Escalades will bring production of the vehicle for the year to 32,000 trucks, said Cadillac President Johan de Nysschen.

In comparison, Cadillac sold 30,469 Escalade and Escalade ESV models in 2014.

Cadillac dealers have an estimated 15 days' worth of Escalades to sell; production of the popular SUV has been held back by a tight axle supply, de Nysschen said.

The 2015 model marked the Escalade's first revamp in around eight years.

"Our supplier is challenged to ramp up production quickly," de Nysschen told Automotive News on Monday. "We are working to resolve this."

Sales for the Escalade, which starts at $74,960 in the base trim and $96,865 for the Platinum version, have likely been boosted by low gas prices. Falling costs for crude oil have brought American average gas prices to their lowest in years, leading consumers to buy more trucks and SUVs.  

The government has forecast an average national gas price of $2.60 in 2015, which would save Americans around $100 billion this year.

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