agent Entrepreneur logo
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 Sales

A rear view of a red Hyundai Elantra
Salesby Hannah MitchellAugust 17, 2026

Used Lots Getting the Business

Many consumers are seeking out the units to save money, and the demand – higher in July than normal – is keeping supply limited and prices up.

Read More →
Photo of man's hand holding a square blue piece with a yellow capital P on it, with other letter pieces below on a surface
Salesby Justin B. GasmanAugust 5, 2026

Two Kinds of Agents and the 5 Ps That Separate Them

Follow these key guidelines to distinguish your agency from competitors by adding more value to your dealer clients' businesses.

Read More →
Man climbing ladder in front of mountain landscape.
Salesby Lauren LawrenceAugust 3, 2026

Positive Equity Reaches Record High

Mainstream vehicle owners who bought a car seven years ago are likely to have positive equity when trading in for a new vehicle, according to second-quarter Edmunds data.

Read More →
Ad Loading...
outside shot of two trucks in front of a body of water with a cloudy sky
Salesby Lauren LawrenceJuly 29, 2026

Used Market Stabilizes

The Carfax Used Car Index noted a major drop in used-vehicle price increases in July after several months of hikes.

Read More →
Photo of blue Toyota Prius parked next to a body of water with a city skyline behind it
Salesby Hannah MitchellJuly 24, 2026

July Auto Sales Simmer

Deliveries were up modestly from a year ago despite still-high prices as OEMs offered more incentives and loan rates eased somewhat.

Read More →
Photo of parked cars of various types for sale on a lot
Salesby Hannah MitchellJuly 20, 2026

Used Sales Hit Summer Drag

The vacation season, combined with high prices, has dented deliveries and added to inventories, though supply is still slim enough to keep listings elevated.

Read More →
Ad Loading...
Closeup photo of a new white car on a road from the driver's side
Salesby Hannah MitchellJune 26, 2026

June Automotive Boon?

A forecast for this month’s new-vehicle sales tells a familiar 2026 story: Year-over-year comparisons must be made in light of last year’s aberrations.

Read More →
split background green and blue. 2019 to 2025 with car going from starting location to end point. $37,310 and $48,402. Agent Entrepreneur logo
Industryby Lauren LawrenceJune 25, 2026

Affordable New Cars a Thing of the Past

More than one out of five new vehicles sell for more than $60,000, according to Edmunds. That's up 7% compared to prepandemic 2019.

Read More →
Hood of orange Tesla in front of sunrise
Salesby Lauren LawrenceJune 18, 2026

Legacy Automakers Risk Falling Behind

As legacy automakers, mostly in the U.S. and Japan, have revised their 2030 electric-vehicle sales targets and shifted to a hybrid focus, they risk falling behind new market leaders.

Read More →
Ad Loading...
Photo of man holding a car key
Salesby Hannah MitchellJune 17, 2026

New Cars a Tad More Affordable

May averages show that combined circumstances gave auto consumers slightly better buying power for the month, though average prices were up year-over-year.

Read More →
Ad Loading...