Lexus Unlikely to Remain #1 in U.S. Luxury Sales

Mark Templin, general manager of Lexus USA, has told the Automotive News that due to earthquake-related vehicle shortages, he does not expect Lexus to retain its position as the #1 luxury car manufacturer in the USA for an eleventh year: Lexus dealers will begin to feel shortages of cars this week, and definitely in May, …

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Kevin · April 26th, 2011

Lexus USA to Raise 2011 Model Prices

Lexus USA has announced that several models will see minor sales increases starting in May — all models will see a percentage increase ranging from 0.8 to 2.1 percent, with the exception of the CT 200h & LFA. The new prices will become effective for vehicles with scheduled May arrivals for all Lexus vehicles except …

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Kevin · April 1st, 2011

Akio Toyoda Tours Japan Disaster Zone

Toyota President Akio Toyoda toured Japan’s earthquake disaster zone last week to survey the damage done to the company’s assembly plants, which have remained closed for the most part since the quake. I recommend this excellent recap of Toyoda-san’s visit at Autoweek, which talks in detail about the current challenges that Toyota is facing. (Toyota-san …

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Kevin · March 30th, 2011