Lexus says the 11.6 per cent increase in sales for its hybrid luxury vehicles is due to rising fuel costs. The companies recently released sales figures show sales of its hybrid models topped 470 at the end of May, which was up on the same time last year.
Since launching its hybrid models in 2006 they have sold over 1200 units of its RX 400h hybrid SUV, 500 units of its GS 450h sedan, and almost 100 units of the LS 600hL luxury saloon.
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Lexus chief executive John Roca said that rising fuel prices were forcing a re-evaluation at all levels of the vehicle market.
“Increased sales of Lexus hybrid vehicles show that higher fuel prices are forcing a rethink of the vehicles we drive, even at the luxury end of the market,” said Roca. “While our customers can afford to pay more for petrol, the steep rise in fuel prices has sent a signal to everyone that oil is a finite resource.”
