Lexus continues to lose the upscale cars’ sales


Lexus has occupied the top spot in the production and sales of luxury cars in the US for quite a long time. Lexus has been competing with its closest rivals which were the German auto makers BMW and Mercedes Benz and continuously been beating them in the past few years most especially when it comes to the total number of units sold each year. However, Lexus has lost this lead as well as the glory it has been enjoying. The company currently suffers from bigger loses in market share and the number of units sold.

Lexus

One of the most significant reasons for the decline of Lexus current and forecasted sales was the Tohoku earthquake which struck Japan last March. Due to this calamity, Lexus has slowed down its production due to shortage vehicle components which were manufactured in Japan. The slowing down actually caused Lexus

About Marty Bay

Marty Bay is the Lead Writer and Editor for VPM Automotive. He has researched and reviewed 100s of cars, and writes extensively about car technologies.
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