Lexus plots Australian expansion as sales spike

5 February 2024, 3:03 pm

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Lexus plots Australian expansion as sales spike
Image: CarExpert
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Lexus plots Australian expansion as sales spike
Image: CarExpert

AutoExec Summary
Lexus Australia is planning for further growth after a record year of sales in 2023. With new models on the way, the company is focusing on expanding its dealership footprint to cater to the influx of new customers. CEO John Pappas emphasized the importance of providing a quality ownership experience and avoiding the pitfalls experienced by other brands. In 2023, Lexus sold 15,192 vehicles in Australia, with over 60% of sales being hybrid, plug-in hybrid, or electric models. The brand also introduced new vehicles in new segments, with plans for more introductions in the coming year.

Brands mentioned: Lexus, Jeep.

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