PARK CITY, UT – August is shaping up to be the best month ever in Lexus’ 12-year history, Denny Clements, group vice president and general manager for Toyota Motor Corp.’s luxury division, says at a press event here. With inventory at a 19-days supply, Clements’ biggest fear, he says, is running out of product. But this record pace may taper off. Clements says he believes the end of no-interest incentives by the Big Three may slow auto sales overall in the fourth quarter. He notes that ...
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