Friday, May 20, 2011
Lexus Loses Big In the U.S.A.: Outpaced by Two of its German Rivals
It took eleven years for Lexus to earn the title of top dog of the U.S. luxury car market, and roughly the same amount of time for it to lose it. As a result of parent company Toyota�s accelerator pedal recall saga and the fifty percent drop in production capacity caused by the Tohoku earthquake, old guard automakers BMW and Mercedes-Benz have left the Japanese upstart gasping for air in third place.
According to automotive forecaster IHS, Mercedes-Benz will most probably sell 254,100 cars and SUVs in the States topping BMW�s estimated deliveries of 250,400 units. Lexus is projected to drop to third place with 192,900 sales.
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