General Motors Co (GM.N) luxury brand Cadillac aims to increase its annual sales to half a million vehicles worldwide by 2020 from an expected 275,000 this year, Cadillac's top executive said on Tuesday. That would boost Cadillac's share of the global luxury vehicle market to 5 percent from 3.4 percent in 2015, said Johan de Nysschen, head of the Cadillac brand for GM. Among luxury automakers in the U.S. market, Cadillac is sixth, and is the only among the top eight luxury brands to show a drop in sales this year. Cadillac sales were 95,053 vehicles, through July, down 2.4 percent from the same period a year earlier and less than half the sales of the luxury leaders, BMW AG (BMWG.DE) and Daimler AG's (DAIGn.DE) Mercedes-Benz. On its way to a half million vehicle sales a year globally, Cadillac targets sales of 350,000 in 2018 and 400,000 in 2019. http://www.msn.com/en-us/money/companies/gms-cadillac-targets-500000-annual-global-vehicle-sales-by-2020/ar-BBlElMI#image=1 I think this is another interesting benchmark for Tesla; beat Cadillac to 500k global annual sales. Also, GM is expecting premium priced vehicle sales to grow by roughly a third over the next five years. China alone was on track to provide that growth but not so sure anymore.