The luxury cars market is evidently in a steady expansion which is projected to reach a compound annual growth rate of 11.3% and $178 billion by the year 2023. The U.S. market is still the most important part of that large global puzzle, but both the European and especially the Chinese luxury car markets are in full-on expansion mode.
With model year 2020 being pinpointed as the pivotal year for many important segments (especially crossovers and EVs), it doesn’t come as a surprise that luxury car brands are looking to take advantage of the newfound situation.
2020 Cadillac XT6
After introducing the intermediate XT5 in 2017 and compact XT4 in 2018, the luxury GM brand has now switched its focus to the all-new XT6 crossover/SUV which slots right between the mentioned XT5 and the brand’s flagship model Escalade. The all-new XT6 three-row model completes their crossover/SUV lineup for the time being and gives the most luxurious American brand a model to fight the likes of the Audi Q7 and Mercedes-Benz GLS Class.
The newest addition to the Cadillac lineup features all of the contemporary tech and amenity features found in other range-topping Cadillacs. One of them is the company’s newly-developed Super Cruise hands-free driving system which was previously only available with the CTS. The Super Cruise won’t be available from the get-go, though.
When it finally arrives, Cadillac’s answer to Tesla’s Autopilot will come at a price, however. Not only will it command a $2,500 premium, but it’ll also be exclusively offered with the range-topping Platinum trim and upper mid-range Premium Luxury trim with the optional $3,100 driver assist package included.
2020 Aston Martin DBX
The well-established British automaker simply couldn’t afford not to offer a crossover now that we’ve reached the end of the 21st century’s second decade, hence they decided to finally do something about it. After presenting the coupe-crossover DBX concept back in 2015, they’ve recently opened a new assembly plant in the U.K. These two events are considered cornerstones leading to the ultimate production of the British company’s first-ever crossover/SUV.
The newest addition to their lineup might end up being called Varekai, although that’s yet to be confirmed. Unlike the DBX concept, the production-ready model sports a more traditional crossover styling, albeit with Aston Martin’s hallmark cues. Expect it to be pitted against the likes of Lamborghini Urus, Bentley Bentayga, and Maserati Levante with prices reflecting that idea. It should start from £158,000 in its home market which could easily translate to around $200,000, as mentioned.