Lexus to post global sales record for 2013 despite European slump

Article by Anita Panait, on November 30, 2013

Lexus will post a global sales record of over 520,000 vehicles for 2013, according to Mark Templin, executive vice president of Lexus International. He said that Lexus would "finish on the north side of 520,000," surpassing a record set in 2007 of 518,300 units. Templin also expects Lexus’ volume to rapidly expand in the next few years as demand in the United States rebounds and the global brands add product.

He remarked during an unveiling of a prototype of RC sporty coupe in Tokyo that the US will account for the biggest growth in volume in the next few years, as the market is still growing back." Templin expects Lexus’ sales in the US to jump to around 270,000 units this year, compared to a peak of 329,177 in 2007.

He remarked that the there is no reason for them to think that the 2007 figure can’t be surpassed as the market recovers to the levels Lexus had that year, adding that Lexus’ growth should be beyond that. The luxury carmaker posted a 12-percent rise in sales in the first 10 months of October, to 213,479 units.

Topics: lexus, sales, record

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

Volkswagen Group’s dieselgate saga continues, but it appears the German company would be able to get out of trouble, but it would not be unscathed. This development comes as Volkswagen...
by - January 22, 2017
When a car has been in the market for nearly six years, it loses some of its luster and its customers tend to go for the all-new model with a...
by - January 22, 2017
Remember Zenos Cars, a British carmaker that specializes in designing and building lightweight and high-performance sports cars? If you are wondering how the company is faring with their E10 lightweight...
by - January 21, 2017
Mercedes-Benz has revealed that in 2017, its series 124 coupé will be celebrating its 30th anniversary. While this itself is a significant event, it will also mean that this model...
by - January 21, 2017
BMW’s 550i xDrive has long been considered as one of the most successful business sedans in the world. For the brand, this may not be enough as it has officially...
by - January 20, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries