Nikkei. In the medium- to long-term, Toyota Motor is “considering making the Lexus line-up hybrid only,” according to Managing Officer Toshio Furutani.
More immediately, however, Toyota will introduce hybrid versions across the entire Lexus line-up as soon as possible, Furutani said at the preview for a new Tokyo-area showroom.
Global sales of the Lexus fell 9% on the year to 310,000 in the January-August period. “I hesitate to say that 2008 results will exceed 2007’s,” he said, indicating that full-year Lexus sales may drop.
With sales of luxury vehicles on the decline worldwide amid the US financial crisis, Toyota aims to accelerate its hybrid strategy for the Lexus.