Lexus Hopes to Double Sales in China by 2013

Lexus CT 200h in China

As China Daily reports, Lexus expects to double sales in China by 2013:

“We hope to sell 100,000 of our Lexus vehicles here in China in 2013, as we are on track to recover from this year’s earthquake,” said Kenji Nakashima, senior vice-president of Lexus China, which is under Toyota Motor (China) Investment Co Ltd.

He said that Lexus delivered 35,000 cars to Chinese consumers in the first nine months of this year, despite the production disruptions caused by the massive Japanese earthquake in March.

“Full-year sales are expected to reach 55,000 units, slightly higher than last year’s,” Nakashima said. In 2010, Lexus sales surged 53 percent to 52,933 vehicles, making China its second-biggest market after the United States.

A large part of this dramatic growth will come from the newly introduced CT 200h, which is entering China’s fast-growing compact luxury segment — Lexus hopes the hybrid hatchback will reach 1,000 sales per month.

Of course, with such high sales expectations, the next question has to be — how long before we see Lexus vehicles manufactured in China?

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