Lexus Sets New All-Time Sales Record and Becomes Best-Selling Luxury Brand For the First Time
3 January 2001
Lexus Sets New All-Time Sales Record and Becomes Best-Selling Luxury Brand For the First TimeTORRANCE, Calif., Jan. 3 Amid record low temperatures across the country, Lexus heated up the sales thermometer to a sizzling 206,037 units for the year 2000, an all-time sales record for the luxury automaker. Lexus' record-setting sales represents an increase of 10.8 percent from 1999. In a very competitive and tight market, Lexus became the top-selling luxury brand edging out Mercedes-Benz by a mere 423 units. "Since our launch in 1989, the Lexus philosophy has been to engineer the highest quality vehicles, provide unparalleled customer service and link the two with an outstanding dealer network," commented Denny Clements, Lexus group vice president and general manager. "We remain committed to this ethic and although we didn't set out to be No. 1 in sales, we're thrilled to see our efforts propel us to the top spot in the luxury market." With the introduction of the LS 430 premium luxury sedan and the IS 300 compact sport sedan, Lexus saw passenger car sales climb to 101,441, a 4.9 percent increase over 1999. Lexus' sport utility sales also remained strong with sales of 104,596 units, up 17.2 percent from 1999. The RX 300 remained the top-selling Lexus vehicle with 2000 sales of 89,864, an increase of 22.3 from the previous year. Lexus also posted the best-ever December in its 11-year history with sales of 21,168 units, a 30.5 percent increase over December 1999. December sales of the RX 300 reached a new best-ever month at 9,248 units, a 22.8 percent increase over December 1999. Lexus pre-owned business also experienced a record-setting year. Calendar year-to-date pre-owned sales of 48,157 represents an increase of 4.0 percent over 1999. Lexus pre-owned sales for December marked a best-ever month in the company's history with 4,666 units sold, up 23 percent from the previous December. December 2000 Year-End 2000 ES 300: 3,531 41,320 LS 400/430: 2,940 15,871 SC 300: 8 450 SC 400: 2 181 GS 300: 1,908 21,921 GS 430: 499 6,158 IS 300: 2,147 15,540 LX 470: 885 14,732 RX 300: 9,248 89,864 Total Lexus: 21,168 206,037 (figures include Hawaii)