Lexus USA April 2008 Sales Report

May 01, 2008 Filed under: Sales Reports, USA

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The month of April was not kind to Lexus, as sales dropped 17.1% since last year. Here is, as always, a breakdown:

2008 2007 % Change
IS250/350/F 4,550 4,363 -3.7
ES350 5,439 6,544 -23.3
GS350/460/450h 1,568 1,887 -23.3
SC430 217 341 -41.3
LS460/600h L 1,992 3,182 -42.2
Total Cars 13,766 16,317 -22.1
RX350/400h 7,160 7,861 -15.9
GX470 1,625 1,577 -4.9
LX570 799 240 207.3
Total Trucks 9,584 9,678 -8.6
Total Sales 23,350 25,995 -17.1

The LX 570 was the lone bright spot, where sales have jumped 207.3% with the introduction of the SUV update. Everything else was down, including the LS, which saw a significant 42.2% drop.

Going over the age of the line-up, there's definitely a lull. The IS-F was a step in the right direction, but its availability and market are both quite small, and it can't really be expected to boost the sales numbers. One thing's for sure, a drop like this brings change, and I wouldn't be surprised to see some new product announcements in the very near future.

[Source: Toyota]

Comments

I hope so, but that dealer advisory interview you posted a while back suggested that the dealers expect to have to weather this year with no major new product launches. A new RX would be a big boost, but as the 2009’s been announced as a continuation of the current model, that’s not likely this year. Meanwhile, here in the U.S., Lexus’ rivals and not far behind, will they keep the sales crown this year? IMO a new SC is also needed, even though that’s small volume.

You’re absolutely right about the SC, honestly I was thinking about the rumored IS coupe.

The more I think about it, the more it looks like 2009 is just going to be a slow year. The numbers are down industry-wide, and even if there’s something new, it might not be enough.

I’m curious about the US numbers, I’ll do some number crunching and see what I come up with.

None of these numbers make sense to me. The IS sales look up 4.28%. Why would the DSR (Daily Sales Rate) variable change for a month that always has 30 days?

Hi Dave,

To my knowledge, the monthly DSR rate factors in things like weekends and holidays, which change from year to year.

I am being offered a sales position at a dealership and am eager to get into sales and make some big money. But with the slump in sales and me with no experience in sales really I understand why I am getting hired so easily. Do you guys think I can make some money out there I am in a small market like Albuquerque, Lubuck, Flagstaff, Tacoma, or Tucson. I mean my expectations are high but the market does not seem to be yeilding to high hopes. Any advice is welcome.

Thank you.

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