~ Auto Buzz ~: Lexus Sales Surging in China

Wednesday 14 August 2019

Lexus Sales Surging in China



Lexus ES China

Lexus is outpacing the new-vehicle market in China, with sales surging 31% to 109,933 units sold in the first seven months of 2019. Lexus delivered 160,468 vehicles in China last year, an increase of 21% from a year earlier.

Gains have been driven by the ES, NX, and RX, though Lexus declined revealing sales by model. Demand for hybrid models has increased 43% over last year, and now account 34% of total sales.

Unlike competitors, Lexus does not build vehicles in China, but has still grown to be the fifth-largest luxury brand in the country in 2018, after Audi, Mercedes-Benz, BMW and Cadillac.

[Source: Automotive News]

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