Tuesday, April 6, 2010

Lexus Surges past Mercedes in Sales

BusinessWeek.com Lexus Tops Mercedes in U.S. Luxury-Auto Sales in March and the First Quarter

David Welch and Katie Merx report on the sales numbers for the automotive industry in March.Quotes from the story:

Toyota Motor Corp.s Lexus increased its U.S. sales 42 percent in March to finish the first quarter with the luxury-vehicle lead over Daimler AGs Mercedes-Benz.
Lexus sold 20,219 cars and sport-utility vehicles last month and 49,523 for the quarter, according to a statement today.

Toyotas division has been the top seller of luxury vehicles in the U.S. on an annual basis for 10 years in a row.

Lexus benefited from a tripling of sales of its redesigned GX mid-size SUV, as well as increases of 30 percent for the RX sport-utility vehicle and 29 percent for the IS car, according to the statement from Toyota City, Japan-based Toyota.

http://www.businessweek.com/news/2010-04-01/lexus-tops-mercedes-in-u-s-luxury-auto-sales-in-march-quarter.html