Freds430

Car and Driver has and article stating "Lexus trucks were up 34 percent to an impressive total of 252,861 units. That’s nearly four times as many sales as Lexus cars racked up". Another article reflecting hybrids represent 34% of total sales. This is up from 10% just a few years ago.

bitkahuna

iTrader: (20)

it's not that impressive. lexus has 3 sedans with only the ES commanding good sales volumes because it's a unique value/luxury offering.
the rest of the lineup is cuv/suv's except tiny lc500 numbers.

lexus sales have been pretty flat over recent years and they appear to be way up for '23 because they had bad supply chain issues in '22.



source: https://www.goodcarbadcar.net/lexus-us-sales-figures/

703

Exactly.

Lexus gave up on sedans. No GS, aging ES, irrelevant LS. IS hasn’t changed in over 10 years apart from some reskin.

No real Fs.

Meh.

At least Toyota has some interesting RWD/AWD sedans like the Crown and Crown Sport.

mmarshall

I agree with Bit on this one. Much of the "increase" is simply getting back to normal (or near-normal) after the pandemic and supply-disruptions of the last few years.

LeX2K

Is Lexus going to become like Ford and stop making sedans?

mmarshall

Last year's ES (2023) sales were just under 40K. That's probably enough to keep at least the ES in production for the time being.....but we'll see.

bitkahuna

iTrader: (20)

i doubt it, but i also don't see them doing another IS. the ES soldiers commands decent numbers, and i'm sure profits too.

Blaze876

iTrader: (1)

IMO the GX is going to be a huge seller for them. I expect sales to increase alot more next year overall for the brand. If there isn't a supply issue (likely will be) I think the GX will outsell the NX and TX.

RNM GS3

Lexus killed their sedans starting with the design of current LS.

I think ES and IS still sell in decent #s.
Lexus is irrelevant brand at this point like Acura, both are ages behind the Germans.

The new GX is probably the best product i have seen from the brand in awhile and the only other highlight is the NA V8 models LC500, IS500 and RCF - which have another year or 2 left, then it will be all hybrids.

jrmckinley

I agree. The GX will do really well and is a great looking vehicle from what I can tell so far. The LC500 is a beautiful car. Other than those two, I don't align to the brand anymore which is a shame.

Blaze876

iTrader: (1)

Yeah I understand. I do personally like the LX600 and IS500 as well. I know the competitors for the LX600 are objectively better but I do like the styling. The is500 I think is currently the best looking sedan and the v8 is a bonus.

I do agree the GX and LC are their 2 best products and imo very competitive in their class.

FrankReynoldsCPA

I thought I read somewhere a next gen IS is coming, but it'll be an EV so basically a new product line.

TGPCanada

Yeah, i'm not sure if they'll go full EV and stick to a hybrid setup instead, which would make alot of sense for the IS being a small sedan.

Nobody wants sedans anywhere. Up here in Ontario, my Lexus dealer told me they sell 15 SUV's for every 1 sedan they sell. That's crazy. Whatever sedans they do have sit in inventory for a long time.

situman

Lexus sold about 320k units
BMW sold about 330k units, excluding the mini brand
MB sold about 340k units, excluding the van unit

I would say it is quite impressive for them. BMW and MB are constantly pushing out the latest and greatest trying to generate sales and interest. Lexus just goes about its merry way with its "mediocre outdated" products and sells what it sells. This is for the better part of the year with huge dealer mark ups and supply constraints. Me thinks Toyota/Lexus might be slightly smarter than that hive mind we have going on here.

bitkahuna

iTrader: (20)

ha... i expect ATP (avg transaction prices) for lexus have been a lot lower than mb/bmw but i sense that is changing now with updated and new models. how that will affect the horse race remains to be seen.