Lexus CT Sales Besting Rivals Despite Supply Issues
#1
Guest
Posts: n/a
Lexus CT Sales Besting Rivals Despite Supply Issues
Some good news for Lexus.
http://www.autoguide.com/auto-news/2...ly-issues.html
http://www.autoguide.com/auto-news/2...ly-issues.html
When a car meets its expected sales target it’s not normally worth reporting, but considering the flop that was the HS250h (not to mention slumping brand sales in general), Lexus seems on track to meet and even exceed its goal with the new CT200h.
According to the latest figures the CT200h was the third best selling hybrid in the month of July, beating out cars like the Honda Insight, Fusion Hybrid, Escape Hybrid and even the Lexus RX450h. Total sales for the year are listed at 5,321, which puts the car well on track to reach its target of 10,000 units, according to Lexus VP Mark Templin.
It also puts Lexus ahead of rivals BMW an Audi in the compact luxury segment. In the month of July, Audi A3 sales tallied just 436 units for a year-to-date total of 3,803, while sales of the BMW 1 Series fell just short of Lexus with 5,257 units moved after selling 664 models last month.
The numbers don’t tell the whole story, however, as sales of the CT only began in March, with Lexus moving 2,200 of them in that month, “way above our plan” says Lexus PR rep Ming-Jou Chen. According to Chen, sales were also hampered significantly until quite recently due to the production stoppage in Japan as the result of the earthquake and tsunami.
If Lexus is able to keep up its current pace the CT is poised to become one of the best selling hybrids in America. Starting from $29,120 the CT200h is rated at 42-mpg average.
According to the latest figures the CT200h was the third best selling hybrid in the month of July, beating out cars like the Honda Insight, Fusion Hybrid, Escape Hybrid and even the Lexus RX450h. Total sales for the year are listed at 5,321, which puts the car well on track to reach its target of 10,000 units, according to Lexus VP Mark Templin.
It also puts Lexus ahead of rivals BMW an Audi in the compact luxury segment. In the month of July, Audi A3 sales tallied just 436 units for a year-to-date total of 3,803, while sales of the BMW 1 Series fell just short of Lexus with 5,257 units moved after selling 664 models last month.
The numbers don’t tell the whole story, however, as sales of the CT only began in March, with Lexus moving 2,200 of them in that month, “way above our plan” says Lexus PR rep Ming-Jou Chen. According to Chen, sales were also hampered significantly until quite recently due to the production stoppage in Japan as the result of the earthquake and tsunami.
If Lexus is able to keep up its current pace the CT is poised to become one of the best selling hybrids in America. Starting from $29,120 the CT200h is rated at 42-mpg average.
#2
Lexus Test Driver
That's good news, but didn't the HS get off to the same solid start? There always seems to be a high demand for any new Lexus model. Then if the car is mediocre, it fizzles.
#4
Lexus Test Driver
#5
Moderator
That's great news for the CT 200h. The CT is gonna be successful. Hopefully Lexus expands the CT line with a CT 300h...
Trending Topics
#9
Lexus Test Driver
In all honesty, the HS should be killed off. It has a slightly more powerful engine and has a range of like around 806 km, while the CT has a range of 812 km (that is if I did the calculations correctly).
CT vs. HS (comparison)
Honestly with the CT being $10k cheaper, for sure it would hurt HS sales.
CT vs. HS (comparison)
Honestly with the CT being $10k cheaper, for sure it would hurt HS sales.
Last edited by JessePS; 09-03-11 at 10:02 AM.
#11
Lexus Fanatic
Well, in my CT200h review, I stated that, given the car's overall design and comfort level, I thought it would be better-marketed as a Toyota hatchback than as a Lexus. But, hey, my predictions are not always spot-on, and if it is selling well with a blue "L" on the grille, more power to it.
#13
Lexus Fanatic
#14
In all honesty, the HS should be killed off. It has a slightly more powerful engine and has a range of like around 806 km, while the CT has a range of 812 km (that is if I did the calculations correctly).
CT vs. HS (comparison)
Honestly with the CT being $10k cheaper, for sure it would hurt HS sales.
CT vs. HS (comparison)
Honestly with the CT being $10k cheaper, for sure it would hurt HS sales.