Lexus Drives 10% Growth In India As Of September 2024

Japanese luxury carmaker, Lexus has reported a 10 per cent increase in sales for the calendar year up to September 2024 in India as compared same period last year. Furthermore, it has reported an 8 per cent sales growth in the second quarter as compared to the first quarter of FY 2024-25.

The 'Made in India' ES model continues to remain the top contributor for Lexus, accounting for 52 per cent of the sales. Lexus also recently announced the ES luxury Plus Edition in September 2024.  

In line with the industry growth, the quarter also saw a surge in demand for the SUV models, with a growth of 23 per cent for the calendar year up to September 2024 as compared to the same period last year, primarily from RX and NX models. The Lexus LM has also received a strong market response and contributed significantly the overall growth.

Commenting on the sales performance, Tanmay Bhattacharya, Executive Vice President of Lexus India, said “Our quarter-on-quarter sales growth underscores our commitment to delivering exceptional products and experiences to all our guests. As we enter the festive season, we are excited to build on this momentum and anticipate even greater enthusiasm from our guests. To enhance their experience, Lexus India is extending festive benefits, making this a promising and exciting time for the brand”

Since its 2017 debut in India, Lexus has embraced the Japanese philosophy of Omotenashi, ensuring every action reflects deep respect and guest care. Furthermore, to elevate the brand’s premium image, Lexus has introduced high-quality factory body coating from August ’24 onwards thereby providing premium and rich feel to Lexus vehicles.