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Lexus continues to find success in China, with another double-digit sales increase in October.
The brand recorded an 11% boost for the month, with 16,324 sales. Hybrids accounted for 35% of sales, up 3.3% compared to September.
With two months left to go in 2019, Lexus is up 22% for the year in China with 160,914 sales so far. The region is the brand’s second best-selling market outside of the USA.
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The popularity of the Lexus brand in China should help parent company Toyota meet the country’s targets for eco-friendly vehicles — from the Nikkei Asian Review:
A proposal from China’s industry ministry on Tuesday calls for “new-energy vehicles” — electrics, plug-in hybrids and fuel-cell autos — to comprise 25% of new vehicles sold in 2025, up from an estimated 6% in 2019.
Lexus ranked third after Porsche and BMW in the premium brand category in a study this year of the most appealing cars in China, conducted by U.S. market survey firm J.D. Power. Since Lexus cars are manufactured in Japan, quality control is relatively easy and Toyota can use “Made in Japan” in its sales pitch.
The UX 300e crossover will launch in the spring of 2020, just as the Chinese government will...
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LexsCTJill
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Are these sales for just China?
Due to the implementation of emission regulations（Stage 6）, these models will stop selling in China: LX570, LS350, IS300, NX300, GS300, RC300
Continued models: ES200 / 260 / 300h, LS500h, CT200h, UX200 / 260h/300e, NX200 / 300h, RX300 / 450h / 450hL, LC500h, LM300h
Continued models: ES200 / 260 / 300h, LS500h, CT200h, UX200 / 260h/300e, NX200 / 300h, RX300 / 450h / 450hL, LC500h, LM300h
flexus
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How this will affect to sales?
Joaquin Ruhi
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So, if I'm interpreting this correctly, LX, GS, RC and IS lines will disappear from the Chinese market altogether? And LM 350 will be offered for a very short time before being dropped as well?
Barely. The models they are dropping amount to a negligible amount of their sales. People only buy IS and GS when they couldn't wait for the ES. They are sold for 30% discount now. Take rate of the NX300 and LS350 are also very low compared to their hybrid counterparts. Losing the LX570 might affect the margins of some dealerships since the LX is extremely profitable, but they get the LM as compensation I guess.
I like this move to force a more aggressive push to increase percentage of hybrid sales. Right now it's ~30% but that's not good enough for the new emission and CAFE regulations. They want the percentage to be more like EU than NA.
LM350 was never planned for China.
flexus
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Are emission regulations made differrence in China in air quality? It's been awhile since I last visited 大陸, I think it was just after the anti Japanese demonstrations in 2012. I was in 重慶 which was very polluted.
zeusus
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Would be interesting to see if they try and re-introduce the LX in China with possible V6TTh either in current or next gen.
Sadly, no. China's air quality problem is mostly caused by coal power and heating and less to do with cars, which means EVs will make the matter worse.
Since two years ago China has tried to move to gas power and heating but backfired terribly. We just don't have enough natural gas and lots of people had miserable winters due to insufficient heating. The switch to nuclear power is still ten years away. This is why China is betting on clathrates and Hydrogen Economy and relations with Japan is the most cordial in decades.
The "LX600" trademark is not registered in China, which means that the LX600 will not be introduced to China, just like the LS500; if the next-generation LX gets hybrid power, maybe it will return.
They have not registered "IS300h", so it is also questionable whether the next generation of IS will return to China.
The first question, yes, they will exit the Chinese market (maybe only temporarily)
The LM350 has never intended to be listed in China. They have given up sales of the Alphard 3.5L in China since last June. LM, Alphard and Vellfire only sell hybrid models in China.
It is not difficult for Toyota to meet these emissions regulations in China. The main reason that these models are no longer sold is high fuel consumption, which will make Lexus China difficult to meet CAFE. Especially Lexus China does not yet have a BEV or PHEV. Although the UX300e will be available in China this year, it is not expected to sell much and cannot change the problem.
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Lexus sold 200,521 vehicles in China for 2019, a 25 percent increase over 2018 and the third straight year of 20+ percent growth.
The most significant increase was hybrid sales, which jumped 39 percent to 69,027 units sold. The brand’s China sales advanced 22 percent in 2017 and 21 percent in 2018.
[Via: Automotive News]
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They are unlikely to achieve 20%+ growth in 2020 if they have to shave off these products though since they fill in the holes left by ES shortage. The problem with supply is not going to be resolved soon and there are no new high volume models coming next year. I hope their new battery plants start ramping up this year and alleviate the hybrid supply somewhat.
both UX and ES should be in stable supply in next few months.
Do we have any info on how well UX sold in past few months in China, per month?