2014 Lexus GX 460 in Short Supply at US Dealerships

2014 Lexus GX 460

The updated 2014 Lexus GX 460 has been a huge success, and dealerships are having a hard time keeping up with the demand — from Edmunds:

Through the middle of this month, Lexus had only a nine-day supply of GX models in stock, up from four days at the end of December. Automakers and dealers consider a 60-day supply to be comfortable. Buyers have responded to a Lexus advertising campaign that offers the SUV (depending on down payment) for less than $500 a month.

[Lexus Group vice president and general manager Jeff] Bracken said the plant in Japan is slowly increasing production but “it will take us some time to build the supply up.”

In an interview at the 2014 Detroit Auto Show, Bracken said “it will probably be April before we can recover to a level that is a little more healthy for our dealers, back to a 25, 30-day supply.”

The price cut and improved styling have done wonders for the Lexus SUV — sales are averaging about 1,400 units per month since the update, up from 1,000 units per month in 2013.

(I drove the GX 460 at the end of last year, and was very impressed with the changes — expect my review next week.)

[Source: Edmunds]