Lexus LX: The true value of the flagship SUV as seen through sales and production trends

The Lexus LX is a flagship model that has established an unshakable position in the luxury SUV market. By examining the trends in sales and production, we can see why the LX is truly popular with customers and its significance in the luxury SUV market.

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The popularity of the LX as seen in sales figures

The LX has continuously evolved since the first model was released in 1996. In particular, the full model change in 2022 aims to reach even greater heights, with a new interior design and a wealth of the latest technology.

Looking at sales figures, it’s clear that the LX has established a solid position in the luxury SUV market. It is particularly popular in areas with a wealthy population, such as North America and the Middle East, and has recently shown growth in dominant markets such as China and Russia. This means that even greater growth is expected in the future.

In terms of production, the LX continues to meet demand. In response to the high popularity of the current model, we will expand production numbers, making the LX attractive to even more customers.

Current sales and production trends show that the LX has proven its worth as a flagship SUV. As the LX continues to evolve, it aims to continue to dominate the luxury SUV market.

Furthermore, sales of the LX tend to increase significantly in years when the car undergoes a full model change or major improvements. This is proof that the LX always incorporates the latest technology and design, and continues to meet customer expectations. Sales are also increasing in the market, demonstrating that its luxury and reliability are recognized by wealthy people around the world.

2022 sales volume

Annual sales for 2022 were 725 Lexus LX units .

year and month LX

sales volume
July 2022 236 units
August 2022 76 units
September 2022 165 units
October 2022 127 units
November 2022 39 units
December 2022 82 units
total 725 units

Lexus LX registration numbers Source:
Japan Automobile Dealers Association

2023 sales volume

The Lexus LX’s annual sales volume for 2023 was 3,004 units .

year and month LX

sales volume
January 2023 267 units
February 2023 272 units
March 2023 353 units
April 2023 198 units
May 2023 172 units
June 2023 200 units
July 2023 249 units
August 2023 258 units
September 2023 313 units
October 2023 247 units
November 2023 287 units
December 2023 188 units
total 3,004 units

Lexus LX registration numbers Source:
Japan Automobile Dealers Association

Sales volume in 2024

Compared to 2023, the number of units is likely to be slightly lower.

year and month LX

sales volume
January 2024 326 units
February 2024 183 units
March 2024 251 units
April 2024 147 units
May 2024 135 units
June 2024 134 units
July 2024 -stand
August 2024 175 units
September 2024 172 units
October 2024 98 units
November 2024 85 units
December 2024 20 units
total 1,726 units

Lexus LX registration numbers Source:
Japan Automobile Dealers Association

LX supply structure as seen from production volume trends

LX production volume is flexibly adjusted in line with sales volume. In particular, in the event of a global semiconductor shortage or logistics disruptions, we respond accordingly, such as temporarily reducing production volume.

However, Lexus is making aggressive investments to strengthen its LX production system, including the introduction of new production lines, which is expected to further stabilize the LX supply system going forward.

The true value of the LX: Its value as a flagship SUV

The LX’s sales and production figures mean more than just numbers. They are proof that the LX is an SUV that customers truly love, and demonstrate its value as Lexus’ flagship model.

The LX combines luxurious space, outstanding driving performance, and the latest safety technology, making it truly worthy of being called the “King of SUVs.” This value has been proven again and again through sales and production figures.

The true value of the Lexus LX

  • Unwavering Luxury and Presence: The LX stands out from other SUVs with its imposing presence and unparalleled luxury. Interior and exterior design, materials, and cutting-edge technology all exude the quality you expect from a flagship SUV.
  • Constantly evolving innovation: The LX has been constantly evolving since its inception. The current model takes it to the next level with a completely new interior and exterior design, as well as significant improvements to the powertrain and safety technology.
  • Global Recognition: The LX has received positive reviews around the world, including in North America, the Middle East and emerging markets. Increasing sales volumes are a testament to the LX’s recognition as a truly global SUV.
  • Stable supply through strengthened production system: LX has established a production system that can meet demand, allowing customers to choose LX with peace of mind.

A word from the editorial department

The LX will continue to evolve as Lexus’ flagship SUV. By incorporating the latest technology and design and continuing to provide an SUV that exceeds customer expectations, the LX will solidify its position as a leader in the luxury SUV market.

The trends in sales and production volumes will continue to tell us about the evolution of the LX and the challenges Lexus faces.

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