Lexus India records 14% sales growth in first half of 2024

The 'Make in India' flagship product, the ES, played a significant role, accounting for 55% of total sales from January to June 2024.

Autocar Pro News Desk By Autocar Pro News Desk calendar 09 Jul 2024 Views icon895 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Lexus India records 14% sales growth in first half of 2024

Lexus India has announced a 14% increase in sales during the first half of 2024, fuelled by robust consumer demand and strong market acceptance. The growth highlights Lexus India's ongoing commitment to delivering exceptional design, quality, and customer satisfaction tailored to the discerning preferences of Indian consumers.

The 'Make in India' flagship product, the ES, played a significant role, accounting for 55% of total sales from January to June 2024.

Since its inception in March 2017, Lexus has consolidated its position in India's luxury automotive sector, supported by local production initiatives and a carefully curated product portfolio. The growth in sales was particularly propelled by the SUV segment, which experienced a noteworthy 60% rise as compared to the same period last year, primarily due to popular models such as the RX and NX. This mirrors a broader trend where the demand for luxury cars and SUVs has seen positive movement.

Tanmay Bhattacharya, Executive Vice President of Lexus India, stated, "The first half of calendar year 2024 has been pivotal for Lexus India, marked by growth and increasing customer trust in the brand. We are thrilled with the positive response from our guests, which underscores our commitment to excellence. Our customer centric efforts like the newly introduced NX 350h Overtrail designed to enrich outdoor lifestyle and driving experience, the recently announced new comprehensive 8 years/160,000 km vehicle warranty* has been curated for India as a mark of commitment and respect for customers confidence in Lexus quality, durability and reliability along with product acceptance has further built on the growth trajectory from last year” he added.

Lexus India offers a wide range of mobility options, tailored to meet the diverse needs of Indian guests. The current lineup includes the iconic sedan ES, designed to create joy and elevate every day driving experiences. The SUV range includes the versatile NX, the new Lexus NX 350h Overtrail, an Urban SUV which embodies the spirit of outdoor luxury, the RX driven by dedicated pursuit of unique identity and proportions for a captivating experience and the LM, marks a new era in ultra-luxury MPVs, meticulously crafted with quietness and tranquility reigning supreme thereby offering a range of advanced electrified vehicles for guests to choose from.

To strengthen Lexus’ commitment to customer satisfaction, Lexus India has recently introduced 8-year/160,000 km vehicle warranty* for all new Lexus models sold in India from June 1, 2024. This initiative has set a new standard being first in the segment in the Indian luxury car industry, financially benefiting the guests and highlighting Lexus India's commitment to delivering unparalleled quality and service.

Tags: Lexus India
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