Lexus has been incredibly affected by the halt in sales in Russia
- December 12, 2022
- 0
The Japanese car manufacturer has reported on the number of cars sold in Europe. According to the 9-month results of 2022, the collapse of the brand was as
The Japanese car manufacturer has reported on the number of cars sold in Europe. According to the 9-month results of 2022, the collapse of the brand was as much as 28%. Experts attribute this to the cessation of Russian sales, because our market for the premium brand was extremely important.
Asians are very dissatisfied with the sanctions they have joined. The problem is that Lexus traditionally included results from commercial activities in Russia in its European reporting. Of course, this year’s numbers were disappointing. The Japanese managed to find buyers for 27,247 cars (-28%). At the same time, their best-selling compact crossover UX collapsed by 36% (10,053 units).
Matt Harrison, president and CEO of Toyota Motor Europe, said that 25% of all Lexus sales came from our country. In other words, the sanctions have created a financial “gap” that the Japanese will not soon close.
Things aren’t quite as catastrophic in the Old World, but still a three percent drop is off-putting. The company’s management hoped that the NX hybrid crossover could solve the situation, but there were problems in production: the factories faced a shortage of chips and microcircuits.
Asians are very dissatisfied with the sanctions they have joined. The problem is that Lexus traditionally included results from commercial activities in Russia in its European reporting. Of course, this year’s numbers were disappointing. The Japanese managed to find buyers for 27,247 cars (-28%). At the same time, their best-selling compact crossover UX collapsed by 36% (10,053 units).
Matt Harrison, president and CEO of Toyota Motor Europe, said that 25% of all Lexus sales came from our country. In other words, the sanctions have created a financial “gap” that the Japanese will not soon close.
Things aren’t quite as catastrophic in the Old World, but still a three percent drop is off-putting. The company’s management hoped that the NX hybrid crossover could solve the situation, but there were problems in production: the factories faced a shortage of chips and microcircuits.
Source: Avto Vzglyad
Donald Salinas is an experienced automobile journalist and writer for Div Bracket. He brings his readers the latest news and developments from the world of automobiles, offering a unique and knowledgeable perspective on the latest trends and innovations in the automotive industry.
