Lexus February 2008 Sales Report

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It’s another month of reduced sales for Lexus — January saw a 8.2% drop, and February was a touch worse, with a decrease of 9.3% when compared to last year. Here’s a model by model breakdown:

2008 2007 % Change
IS250/350/F 3,906 3,906 -4.8
ES350 4,795 5,286 -12.9
GS350 1,201 1,388 -16.9
GS460/450h 221 175 21.2
SC430 189 282 -35.7
LS460/600h L 1,891 2,423 -25.1
Total Cars 12,203 13,491 -13.2
RX350/400h 6,956 7,086 -5.8
GX470 1,549 1,672 -11.1
LX570 569 269 103.1
Total Trucks 9,074 9,027 -3.5
Total Sales 21,277 22,518 -9.3

The IS-F has been added to the IS total sales, but it wasn’t enough to put the model into the positive side of the ledger. With the whopping 103.1% increase in LX sales, I’m not sure how much this total units drop is hurting Lexus’ bottom line, but it’s still a worrying trend.

(I’m going to do some comparisons to other car manufacturers to see if Lexus’ downturn is consistent through the entire industry.)

[Source: Toyota]