P&A Providers & Administrators
MenuMENU
SearchSEARCH

Lexus Sales Close Just Shy of Record Set in 2019

Global sales in 2021 were the second-highest annual result for Lexus. The brand’s all-time sales record of 765,330 units came in 2019 before the pandemic.

February 1, 2022
Lexus Sales Close Just Shy of Record Set in 2019

Lexus RZ450e Prototype 

Credit:

Lexus

2 min to read


Globally Lexus’ sales jumped 6% in 2021, falling just shy of record sales.

Global sales in 2021 were the second-highest annual result for Lexus. The brand’s all-time sales record of 765,330 units came in 2019 before the pandemic.

Ad Loading...

When Toyota Motor Corp.’s delivered 2021 year-end results for its premium brand, company leaders reported overall volume increased to 760,012 vehicles in 2021. North America topped the list for sales, with sales climbing 12% to 332,000 units on robust deliveries of the RX and NX crossovers and ES sedan.

Though sales were up, Lexus finished third in luxury sales, behind BMW at No. 1 and Tesla at No. 2.

In the U.S., Lexus finished third in the luxury sales race, behind No. 1 BMW and runner-up Tesla.

China came in second as Lexus' next largest market. Here sales increased by 1% to 227,000 vehicles. China sales hit record levels for Lexus in the world's biggest auto market.

European sales inched up 2% to 72,000 units.

Ad Loading...

Meanwhile, Lexus' global electrified sales rose 10% to 260,000 vehicles, a record high. But the brand's only battery electric offering, the UX300e, sold just 5,800 units.

Hybrids and crossovers represented most sales. The Lexus crossover range hit 495,664 vehicles, representing 65% of worldwide volume.

If supply and inventories had not seized up the second half of 2021, Lexus would have hit a new record last year, spokesman Norihiro Tsuji said in a briefing. If supply normalizes in 2022, Lexus hopes to top 2021's results in 2022, he added.

“We utilized inventory in the U.S. fully, with inventory getting lower, there was still leftover demand for Lexus,” Tsuji said. The Lexus brand had just 22 days of inventory as of Jan. 1, down from 23 days in December and down from 29 days on Jan. 1, 2021.

Lexus also released photos of its new previewing the brand's upcoming midsize electric crossover, the RZ450e Prototype.

Ad Loading...

Lexus announced plans to unveil the production version of the RZ450e this spring. The vehicle is expected to hit showrooms in late 2022 or early 2023.

Lexus reports plans to be an electric-only brand by 2030 in Europe, U.S. and China, and aims to be selling 1 million EVs annually by that time. The brand plans to sell only full-electric cars globally by 2035.

Originally posted on Auto Dealer Today

More Industry

Kia Niro SUV in gold color parked outdoors
Industryby Hannah MitchellSeptember 1, 2026

Kia Closes Out Summer With a Bang

Its U.S. subsidiary broke multiple records in August, in part due to a surge of demand for hybrids models.

Read More →
Outside of Auto Park Ford dealership
Industryby Lauren LawrenceSeptember 1, 2026

Indiana Dealership Changes Hands

A 30-year-old Ford dealership in Indiana has a new owner and will soon be undergoing renovations to meet manufacturer requirements.

Read More →
Three men standing in front of two classic cars handing off gift.
Industryby Hannah MitchellAugust 25, 2026

Texas Dealership No Longer in the Family

The Ford store, a longtime cornerstone of the Houston market, is now part of one of the fastest-growing U.S. auto groups.

Read More →
Ad Loading...
Outside of modern car dealership “Genesis of San Bruno
Industryby Lauren LawrenceAugust 25, 2026

Genesis Grows California Presence

The Cardinale Automotive Group opened its third Genesis rooftop in the Golden State, Genesis of San Bruno, a stand-alone dealership serving the San Francisco Bay Area.

Read More →
Red Honda Civic hybrid sedan on two lane road with green hills in background
Industryby Hannah MitchellAugust 21, 2026

August Auto Sales a Mixed Bag

An early forecast shows strong business despite consumer hurdles, and hybrids are a big piece of their affordability coping strategy.

Read More →
EV charger inserted into dark-colored car port
Industryby Hannah MitchellAugust 18, 2026

EV Market Humming Along

July sales show steady growth as the segment stabilizes from last year’s artificial surge following pullback of federal support.

Read More →
Ad Loading...
car in background with hand giving a thumbs up in front
Industryby Lauren LawrenceAugust 14, 2026

Auto Loan Delinquency Rates Stabilize

Auto loans are a main driver of nonmortgage consumer debt, but delinquency rates stabilized in the second quarter across all credit risk tiers.

Read More →
blue sky, yellow and orange rollercoaster with riders going up an incline
Industryby Lauren LawrenceAugust 12, 2026

EV Sales Recover in Q2

The EV sales roller coaster continues as numbers show improvement, but industry experts predict a year-over-year third-quarter decline and fourth-quarter jump.

Read More →
Photo of blue Toyota Prius parked next to body of water with city skyline in background
Industryby Hannah MitchellAugust 5, 2026

The Cheapest Hybrids to Fuel

The powertrain is increasing in popularity, in no small part due to its fuel economy. A new report lists the most efficient hybrids on the market.

Read More →
Ad Loading...
white SUV parked in front of a body of water with a gray sky background
Industryby Lauren LawrenceAugust 5, 2026

Hybrids and SUVs Gaining Ground

The most recent Kelley Blue Book Brand Watch found that only two nonluxury brands increased in shopper consideration, buoyed by their hybrid and SUV offerings.

Read More →