Lexus Beats Mercedes & BMW in Q3
Lexus, which hasn’t won the annual U.S. luxury sales race in a decade, had better sales figures than Mercedes and BMW in Q3. Its RX, NX crossover and ES sedan saw strong demand.
Lexus has weathered the pandemic better than its German rivals, with the brand’s best-selling RX SUV seeing strong demand in the quarter. Both Mercedes and BMW have been hamstrung by tight inventory as the pandemic idled plants in Europe and the U.S. for weeks. Lexus saw a 31% jump in September alone, led by its RX, NX crossover and ES sedan. The Company is still down 13% on the year though vs 2019.
Lexus edged out BMW for the number two spot in year-to-date sales, but Mercedes still maintains a lead of nearly 15,000 vehicles over Lexus.
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