JapanMiddle EastRussiaSales Reports

Lexus Numbers Roundup

Three stories out today about Lexus sales, and rather than post them all separately, I thought to just combine them. First up, Toyota president Katsuaki Watanabe still expects to see a slight increase in 2008 sales over 2007, despite the recent downturn in sales. This makes for a large uphill battle, though, as Lexus sales …
EuropeFutureSales Reports

Lexus Europe Hopes to Triple Sales by 2010

According to Karl Schlicht, Head of Lexus Europe, Lexus is experiencing great success in Russia and hopes to increase their European sales three-fold by 2010: “If things continue as they are, by 2010 we will have doubled our Russian sales volume, which is currently at 17,000,” said Karl Schlicht, chief for Europe for the brand …
FutureIn the News

Lexus’ Future is Upscale Only

Automotive News has revealed a number of significant facts about the future of Lexus, and it’s strictly upscale — with no plans to release a sub-$30,000 vehicle, Lexus will not be attempting to match their German competitors car-for-car, instead focusing their current lineup and all new vehicles at high-end segments. Broken down, what does it …