Post by mcbrueSorry but I gave up reading the WSJ when it went to 10 sections. But
it sounds like Lexus is keeping its inventory low so that a medium to
low sales rate results in a low "inventory compared to sales rate"
figure. In other words, I think that Lexus is not building many of
these models so that it looks like they are in high demand. So far, I
have not met anyone who drives one of the new LS460s. I have seen
maybe one or two in town! So my conclusion is they are not selling
well but not much inventory is available anyway.
OK mcbrue...
From an article on Toyota February sales on the Club Lexus homepage (ref:
http://www.clublexus.com/index.php?option=com_content&task=view&id=461&Itemid=183)
"Lexus Division
Lexus passenger cars reported best-ever February sales of 13,491 units, an
increase of 27 percent over February 2006. Passenger car sales were led by
the ES 350 luxury sedan with best-ever February sales of 5,286 units, up 64
percent. The all-new LS 460 reported sales of 2,423, an increase of 138.7
percent. "
From sales detail figures: (for month of February, 2007):
ES 350 (Feb 07) 5,286 (Feb 06) 3,223
Year to date: (as of Feb end)
ES350ES 350 (2007) 10,606 (2006) 6,556