Do You Know The Fastest Growing Markets for Lexus?

Do You Know  The Fastest Growing Markets for Lexus?
It is a given the the US is the number one market for Lexus. But where are the number two and three markets?

Japan? Nope.
Germany? Surely you jest.
Italy? Not even close.


According to Automotive News the UK is the strongest market outside the US followed closely by Russia. Russia is growing at such an astonishingly rate that it will become the second largest market for Lexus worldwide, maybe as early as this year.

“For Lexus, Russia is a very rich market, as the center of gravity of our sales are the GS sedan and the RX premium SUV,” Says Thierry Dombreval, executive vice president and chief operating officer of Toyota Motor Europe. “Our new LS flagship was very well received in Russia and we expect it to further enrich our sales mix this year.”

Last year, Toyota’s luxury brand Lexus sold 10,065 units in Russia, making it the brand’s No. 2 market after the UK.



jon21jon21 - 4/16/2007 4:01:35 PM
+4 Boost
Interesting indeed. Good for Lexus.


KeyserSozeKeyserSoze - 4/16/2007 4:23:58 PM
+1 Boost
In South Africa Lexus is breaking sales records in the luxury sector, since it was relaunched less than 7 months ago, i think a 350% increase!


printhanprinthan - 4/16/2007 4:30:10 PM
-3 Boost
Lexus is growing. But Germany wont be a place for Lexus. Germany got their own culture for Cars.
1. all taxi's r BENZ
2. Police Drive BMW & PORSCHE
3. VW, MINI & AUDI'z line up the street
4. Rest drive OPEL / ROLLS ROYCE / LAMBO


trd1trd1 - 4/16/2007 6:15:27 PM
+5 Boost
wow dude, you need some spelling check there.


I95SPEEDINGTICKETSI95SPEEDINGTICKETS - 4/16/2007 6:19:29 PM
+2 Boost
Over 1 year ago i told you guys that the UK market will welcome the New Lexus Vehicles with open arms but all you guys begged to differ

Now i am being proved right. Most of the UK/Europe population are fed up with the Monopoly the German 3 have in the Luxury Vehicle Caegory and the Blatant Abuse of that power, The new Lexus Vehicles offers consumers Very High Quality Vehicles with Serious Luxury Features as standard which will be noticed by the target consumers. All that Ultimate Sporting Gibberish does not matter to the average 30 something Europen living in a country with serious Speed Restrictions/ Heavy Traffic and Rain 290 days of the year.

The previous Lexus Models were not up to Par

But Lexus are willing to do what the consumer wants in order to sell Vehicles

MB have been Too Proud in the past, Now they are eating Humble Pie.


S4cabriofoxoneS4cabriofoxone - 4/16/2007 7:25:37 PM
-1 Boost
Since when are you a Lex lover?

And, "humble pie?" Mercedes is the one making "bold moves." Take a look at the new S, CL, GL, SLK, CLS, C... and you'll see what I mean.


I95SPEEDINGTICKETSI95SPEEDINGTICKETS - 4/17/2007 12:08:36 AM
0 Boost
Im not a Lex Lover

I just know when i see a good deal and in June 2006 I was real close to buying an IS-250 SE-L because is was Loaded with every option i could ask for and a few i never thought of asking for all for a price well below that of the C240 Avantgarde or 330i

As much as I Lark about in Very Powerful Vehicles when i am in the USA, I know that in the UK it is an Utter waste of time, ive picked up too many tickets so now i know first hand that its much easier on the Bank Acount to get a nice comfortable Vehicle that is easy to live with and somewhat good Value for money (Equipment wise)


S4cabriofoxoneS4cabriofoxone - 4/16/2007 7:26:18 PM
0 Boost
Russia? Interesting. I had no idea Lexii were so (relatively) popular there. That's, what, 1/5 of their European sales?


RupertRupert - 4/16/2007 7:52:16 PM
+2 Boost
there was an article in top gear about it last year. apparently lexus are become popular for their difference and novelty factor, in that they are not german.


S4cabriofoxoneS4cabriofoxone - 4/16/2007 9:52:04 PM
0 Boost
The cultural differences are intriguing! Over here, Lexus models are considered commonplace... no novelty at all. Although the Germans (especially BMW) aren't much less common, there's a bit more novelty in owning a 3/5 Series than owning an ES350, as they are so popular.


1970toyotamarc1970toyotamarc - 4/16/2007 10:44:01 PM
+2 Boost
I'm not sure commonplace is the correct word here, S4, though I'm sure that's a little editorializing on your part. Because truly there is no luxury car more commonplace than BMW 3 series.


RupertRupert - 4/17/2007 8:01:30 AM
+5 Boost
Novelty is a big factor, people buy it sometimes because it's not german, and because it's different.
The one exception is the RX, people buy that for fairly practical transport at a lower price. Lack of a diesel in the RX kills it though, for example in the M-B Ml over 70% of sales are diesel I believe.


I95SPEEDINGTICKETSI95SPEEDINGTICKETS - 4/17/2007 12:14:07 AM
-3 Boost
The report said "FASTEST GROWING MARKETS"


RupertRupert - 4/17/2007 8:02:03 AM
+4 Boost
I had no idea Audi sold so well in Britain. That's a huge difference, you sure those figures are right?


Will_Will_ - 4/17/2007 5:03:49 PM
-1 Boost
See? Audi and Lexus can coexist together in the same market! :)


S4cabriofoxoneS4cabriofoxone - 4/17/2007 10:29:00 PM
+2 Boost
I didn't know Audi sold three times better than BMW and Mercedes in the UK! Interesting... in fact, their UK sales are dangerously close to those of Mercedes and BMW in the US. Odd.


RupertRupert - 4/18/2007 8:35:44 AM
+6 Boost
In March's monthly sales, Audi sold 20000, Mercedes 18000, Bmw 22000, Lexus 3100. I found the data at the SMMT (society for motor manufacturers and traders), maybe I should tell one of the Agents somehow...there's never any British data on this site, it's really useful.
I don't know how you got those figures caltrans, they're odd.


S4cabriofoxoneS4cabriofoxone - 4/18/2007 8:42:27 PM
0 Boost
To me, too. Whatever.


david999david999 - 4/17/2007 11:01:35 AM
0 Boost
Why would you make such a false statement about Lexus customers that
"90% of them say it was a big mistake and cant wait to go back to German"?.
If you are in car sales, you obviously have 2 other jobs to help bring food to the table.


mitchatlexusofmarinmitchatlexusofmarin - 4/17/2007 12:35:09 PM
+3 Boost
Generally speaking- once people try Lexus after countless problems with their German rides and arrogant dealers providing distasteful service, they never again consider anything but another Lexus. Our clients love the way we at the dealer level, and Lexus corporate coddle them in a warm luxury embrace.


S4cabriofoxoneS4cabriofoxone - 4/17/2007 10:31:19 PM
+2 Boost
mitch, something to consider.

"Generally speaking," in Europe (UK especially), the German brands are regarded to have very good reliability. It could be because their lower-end models are more simple- leading to less problems. But what I do remember is that the Audi A4 and A3, BMW 3 Series and one or two VWs were on the UK top ten most reliable list. The only Lexus on there was the IS.


enthusiastx11enthusiastx11 - 4/18/2007 11:36:35 AM
0 Boost
mitch:

true for those who prize reliability and service.

once i experienced the sheer thrill of BMW's combination of handling, high-revving engines and great style, i've become incredibly loyal to the brand. works both ways depending on what you value.

separately, it's strange that despite mercedes quality issues in the 2003 and 2004 model years the brand's customers (epecially at the high end) remain extremely loyal.


Agent009Agent009 - 4/18/2007 12:25:38 PM
+1 Boost
Reliabilitis not as bad as indicated. The key survey out there, JD Power, lumps reliability issues in with blemishes in the leather hide. So they figures are useless other than being a numeric figure, but they have one heck of a PR machine


mitchatlexusofmarinmitchatlexusofmarin - 4/18/2007 1:09:25 PM
+3 Boost
Enthusiastx11- I completely agree, and I do personally prefer the feel of the BMW/MBZ/Audi offerings to those of our Lexus products. My last 3 cars were of each of these makes. What Lexus does well however, is provide a complete luxury experience which is unparalleled when you consider the vehicle, the service, the dealers and the after purchase care and concern the corporation shows their clients. They essentially do not say "no" to a customer who has a need/concern/complaint. This is very different from the German makes- at least in my experience. And yes, Mercedes has tremendous loyalty which will help them weather this storm while they strive to get their act together in dependability -which they are working on feverishly.


S4cabriofoxoneS4cabriofoxone - 4/18/2007 8:46:43 PM
0 Boost
I think that their attention to detail, on the interiors of their higher-end models (Merc), is stunning. Their dealer experience may not match Lexus's, but the actual interiors of the S and CL, IMO, make the LS460 look like it's something out of 1998. The LS's interior is also quite nice (it would be a crime to say anything in this class wasn't), but the W221 S has simply blown me away. From the relatively mediocre interior of the last-gen model, I NEVER expected it to be so much better.

Their reliability may not even come close to Lexus's, but the amazing interior designs make your purchase look that much smarter. I never though Mercedes could beat the A8's interior... but they have, and I'm thrilled.


S4cabriofoxoneS4cabriofoxone - 4/18/2007 8:46:44 PM
0 Boost
I think that their attention to detail, on the interiors of their higher-end models (Merc), is stunning. Their dealer experience may not match Lexus's, but the actual interiors of the S and CL, IMO, make the LS460 look like it's something out of 1998. The LS's interior is also quite nice (it would be a crime to say anything in this class wasn't), but the W221 S has simply blown me away. From the relatively mediocre interior of the last-gen model, I NEVER expected it to be so much better.

Their reliability may not even come close to Lexus's, but the amazing interior designs make your purchase look that much smarter. I never though Mercedes could beat the A8's interior... but they have, and I'm thrilled.


S4cabriofoxoneS4cabriofoxone - 4/18/2007 8:47:01 PM
0 Boost
Double posts suck.


I95SPEEDINGTICKETSI95SPEEDINGTICKETS - 4/17/2007 1:11:14 PM
+1 Boost
Shows how much you know.

Im 28 and have a 4.8is X5 as my dialy Runner// Have Rented Every Exotic Vehicle I could lay my hands on and Have So Many Speeding Tickets I have Warrants out for me in some Countries.

I WAS VERY CLOSE TO PURCHASING A LEXUS
(ONLY THE LACK OF AN IS-350 IN THE UK STOPPED ME)

The New range of Lexus vehicles are rapidly closing the Performance Gap with BMW and MB while holding onto the Excellent Customer Service Reputation and Lexus Build Quality Reputation.

Trust Me on this, if MB and BMW do not wake up soon, they will find the European Marketplace a very Tough Arena.


I95SPEEDINGTICKETSI95SPEEDINGTICKETS - 4/17/2007 6:10:16 PM
+4 Boost
(1) Have no need to see how Reliable a vehicle is after 200k miles/Kilometers because I usually change vehicles after approx 18-24 months,

(2) Not Proud of the Warrants, but they are not arrestable Warrants (Just have to pay the fines when i am next in the country

(3)Considering how many times I and my friends have had problems with BMW and MB vehicles (Brand New Vehicles)I cannot take you seriously if you are more worried about after 200k Miles.

Toyota & Lexus are known worldwide for reliabilty and Only an Utter Moron like yourself would deny it.

Others prefer to talk about Magic Feel or Handling or Soul that they feel Lexus Vehicles Lack, at least they are not trying to deny the fact that these vehicles are Rock Solid in Reliability.

For the record i do not own a Lexus, I currently have a BMW in London and an AUDI A6 Rental in Toronto but have to give Lexus credit for the great strides they have made in the Luxo-Sport Segment.


S4cabriofoxoneS4cabriofoxone - 4/17/2007 10:33:56 PM
-1 Boost
I95, do we really need another AmazingBimmer/logical? I'd be surprised if this wasn't the same person... same annoying, rambling, repetitive comments about the same dribble... so sick of it.


mitchatlexusofmarinmitchatlexusofmarin - 4/18/2007 1:10:52 PM
-1 Boost
This is an idiotic comment.


I95SPEEDINGTICKETSI95SPEEDINGTICKETS - 4/18/2007 7:22:57 PM
+3 Boost
S4 !!!
I am confused, Are you suggesting that i am as irrational as "Logical" or were you reffering to the other Fellow on the debate ??


S4cabriofoxoneS4cabriofoxone - 4/18/2007 8:48:31 PM
+2 Boost
bimmermike. Sorry for not making that clear! He's an idiot, just like logical/amazinBimmer.


JUGNUJUGNU - 4/17/2007 3:55:33 PM
+2 Boost
Middle East is also one of Lexus's fastest growing market.

On other note Lexus LX470 which is badged TOYOTA 'LAND CRUISER GENISSES II' in most of the countries of asia (India,China...etc) is also selling very well.

Good job Lexus.

JUGNU


JRobUSCJRobUSC - 4/18/2007 8:22:18 AM
+1 Boost
FINALLY! A Lexus fan admits what they've been denying forever on here, that some Lexus models are dressed up Toyotas (and others are literally sold AS Toyotas in the rest of the world). But "good job Lexus"? Should we be commending them for taking that same exact Land Cruiser Amazon or Genesis or Cygnis or whatever it's going to be called, rebadging it a Lexus in other markets (including the U.S.), and charging an extra $15k for it? There's no pretending that's not a Toyota anymore. But you know what? Idiots will pay it, and I guess if people will pay it then it is "good job Lexus". Good job for understanding how stupid consumers can be when you slap an L badge on the grill of certain vehicles.


LexusNumberOne4everLexusNumberOne4ever - 4/19/2007 8:14:41 AM
0 Boost
Middle East is growing strongly for Lexus. What a pity it never happened in Japan.


Will_Will_ - 4/17/2007 5:04:08 PM
-1 Boost
PUBLIC SERVICE ANNOUNCEMENT:

"LEXI" is not a word. "LEXI" is not the plural form of "LEXUS." The appropriate plural version of "LEXUS" is "LEXUSES."

Thank you.




The more you know! :)


RupertRupert - 4/17/2007 6:17:43 PM
-1 Boost
no, it's Lexi!

Like Walrus-Walri
Octopus-Octopi
Focus-Foci


Will_Will_ - 4/17/2007 7:24:34 PM
0 Boost
NO IT ISN'T!

LEXUS THEMSELVES HAVE NEVER USED "LEXI!" They've used "LEXUSES" though! "Lexus" is a proper noun, which means when made plural, you can't just hack up its name. The ending rules for plural PROPER NOUNS is different!


Will_Will_ - 4/17/2007 7:26:16 PM
0 Boost
^is=are since I'm on a short grammatical rampage.


RupertRupert - 4/17/2007 7:35:55 PM
+1 Boost
Fine then, since it's a brand, a proper noun. We don't say Mercedi do we, I suppose.

It's still fun to say Lexi though. And you say it with a proper "eye" sound.


S4cabriofoxoneS4cabriofoxone - 4/17/2007 10:35:25 PM
0 Boost
I don't care about proper grammar in this case; I enjoy typing "Lexii" into my computer. The two i's make it more interesting. "Lexuses" is too drawn-out and hard to pronounce.


mitchatlexusofmarinmitchatlexusofmarin - 4/18/2007 12:45:29 AM
0 Boost
"Lexus" is the plural of Lexus. "we own three Lexus"


S4cabriofoxoneS4cabriofoxone - 4/18/2007 8:50:02 PM
-1 Boost
LEXII. I will fight to the death!

"Since 1997, we have owned two Lexii RX."


enthusiastx11enthusiastx11 - 4/18/2007 1:37:06 AM
+3 Boost
10,000 cars is a drop in the bucket for a company the size of toyota. even if it grows at 20% a year it will be tiny for years.


JUGNUJUGNU - 4/18/2007 7:41:26 AM
+2 Boost
Spelling mistake.

It should be 'Cygnus II' not 'GENISSES II'

Lexus LX470 is badged as Toyota Land Cruiser Cygnus II in many Asian countries(Where Lexus is not officially sold).

Toyota Land Cruiser Amazon is nothing but A Toyota Land Cruiser with spare tire fitted at the bottom not on the rear tailgate.

Got it now.

All new 2008 Lexus LX570 will be known as Toyota land Cruiser Cygnus II (in countries where Lexus is not officially sold )

JUGNU


305vice305vice - 4/18/2007 11:19:18 AM
0 Boost
I'm glad to see Lexus have vehicles that appeal to some individuals over in Europe. Hopefully, Lexus improve on the success of the current gen cars in the future.


RupertRupert - 4/18/2007 7:35:49 PM
+1 Boost
oh hush.
Lexus still only sold 3000 cars in Britain last month, 16% of Mercedes' numbers, 15% of Audi's sales and 13.5% of BMW's sales.


S4cabriofoxoneS4cabriofoxone - 4/18/2007 8:52:11 PM
0 Boost
There are only 6.9% lease rates on MB/BMW/Audi models in my area. Audi has some of the most strict lease rates on their lower-volume models, such as the A8 and A3.

Your comments are annoying and unnervingly similar. You sound like a broken record. Do you fancy yourself a "smart" Lexus fan because you know how to work a calculator?


BM3WBM3W - 4/19/2007 11:57:44 AM
+1 Boost
In the UK Lexus is considered the must trustworthy luxury car manufacturer while Mercedes Benz is still considered the most prestigious.


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