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

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