LEXUS ANNOUNCES GLOBAL SALES RESULT FOR 2023

Lexus announced today the global sales results for 2023. For the period from January to December 2023 Lexus reached a global record high of 824,258 units (a 32% increase compared to the previous year). This growth was attributed to strong demand, particularly in North America, Europe, and Japan, along with the recovery of stable parts supply contributing to increased sales. Europe achieved approximately 69,202 units (+46%), North America 355,606 units (+24%), China 181,411 (+3%) and Japan 94,647 units (+129%).

The ratio of Lexus electrified vehicle sales*1 reached a record high of 47% globally through the expansion and robust sales of the electrified vehicle lineup, including the new "RX" and the battery EV exclusive model "RZ.” Additionally, in Europe, strong sales of key models such as the NX (41,367 units), RX (20,484 units) and UX (11,194 units) contributed to Lexus becoming one of the fastest growing premium brands.

Regional sales results for January-December 2023 are as follows.

^*1 “Electrified vehicles” includes all HEV, PHEV and BEV models

Lexus International President Takashi Watanabe said: “We express our sincere gratitude to each and every one of our global customers for their unwavering support of Lexus vehicles. Lexus will continue to drive unique initiatives, focusing on the development and promotion of battery electric vehicles in pursuit of realizing a carbon-neutral society. In addition, we are committed to responding promptly and accurately to customer needs, adapting to the changing times, and continuously striving to craft cars that bring joy to our customers.”