Toyota Motor Corp.’s Lexus sold the most luxury vehicles in the U.S. in August, riding a wave of demand for its new crossover to a second straight monthly win and narrowing the gap with BMW.
Sales rose 2.1 percent from a year earlier to 33,487, including 4,448 of the new $34,480 NX sport utility vehicle, Lexus said Tuesday. For the year, the Toyota brand passed Mercedes-Benz for second place behind BMW.
All three reported record August sales as luxury buyers shook off the stock market slide and continued a strong year for high-end vehicles. More affordable entry-level models such as BMW’s $32,950 3 Series, Mercedes’s $31,500 CLA-Class and the NX are broadening the brands’ appeal to younger buyers.
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