AUTOSHOW-Lexus to Hit Record Sales in 2013, Aims 5%-10% Annual Growth

Newswire

TOKYO, Nov 20 (Reuters) - Lexus is aiming for a steady 5 to 10 percent annual growth in the coming years, an executive said, as the luxury brand of the world's best-selling carmaker Toyota seeks to establish a more global presence in the premium market. The company expects to sell a record 520,000 Lexus vehicles this year, up about 8 percent year-on-year. The United States last year accounted for about half of Lexus' global sales. Lexus officials say despite the growth, the ...

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