I had thought that Lexus already had a presence in South America via Brazil as far back as 1999-2000?
It is good for them to expand, as it is the primary reason why total global sales pale in comparison to German luxury brands.
Not to go too off-topic, but I must stress that Lexus really needs to expand into the Carribean, the major cities of the tropical Americas, developing Asia, and African metropolises.
I just arrived into Lagos, Nigeria in West Africa for a visit, after briefly visiting the states (Atlanta), and as usual I am astounded at the heavy amount of Toyota products on the ground here.
1 out of 3 cars on the road here is a late model Toyota or a Lexus. I am personally being driven around in our family-owned LX570s, a GX460, as well as a Hilux and Prado GXL. Besides this one, there are many other LX570s, GXs, Land Cruiser V8s, Prados, and RX350s (plus a few NXs) in traffic here.
I already counted 15 late model LX570s (2012-present) and 32 Lexus SUVs total just driving out of the airport on the freeway. Lexus is seriously missing a big market here, considering the many grey market imports I observe each time I visit parts of Africa.
The fact that Jaguar Land Rover, Porsche, and Rolls-Royce have official retail centres here in two different cities, yet Lexus does not have a single one is laughable. South Africa should not be the only country that officially sells and services Lexus.
This is why I feel that using official sales as a measure of relevance in the luxury sector doesn't provide a full picture. Until they stop taking this overly apprehensive approach, no one can hope for them to be on the same global level as MB or BMW.