/ Industry, Lexus, News / China plant not in Lexus’ plans

China plant not in Lexus’ plans

Linked In Share
China plant not in Lexus’ plans

Lexus does not plan to join the carmakers manufacturing in China, remaining the only big luxury brand without a factory in the world’s biggest vehicle market and with no plans to open one.

This is happening even if all the models sold to China are made overseas and the sales are affected by the country’s import duties. Mark Templin, Executive Vice President of Lexus International stated on the topic that “I think we’re still in the crawling stage. If you’re going to go there and build cars, to me, that’s running. I don’t think we’re ready to run yet.”

Templin added that Lexus has been in the China Market for only 10 years and that they want to develop the brand first and make sure people know what they stand for before opening a plant there.
Lexus modest sales in China have been recently disclosed, in 2013 selling around 73,000 vehicles there, scoring though a 13% increase in comparison with the previous year. Audi remains the luxury leader in China, with 429,000 vehicles sold in 2013 and a 21% gain, BMW stays close with 391,000 models sold and a 20% raise, while Mercedes-Benz scores 3rd place with sales increasing by 11% , reaching 218,045 cars sold in China.

by Gabriela Florea

by Cristian Gnaticov (my Google+) - Thursday, July 31st, 2014 - filed under Industry, Lexus, News. Image credit: .
Linked In Share
Related Articles
china Lexus plans plant


Discuss: China plant not in Lexus’ plans

Leave a Reply















Inautonews Facebook PageInautonews RSS FeedInautonews TwitterInautonews Youtube Channel

Sign up to receive our email newsletter on your email. It's safe. No spam!

Hamilton takes control of own management
Hamilton takes control of own managementNov.1 (GMM/Inautonews.com) Lewis Hamilton is "scaling back" his deal with Simon Fuller, the entertainment manager famed for his ...
Vettel to qualify in Austin ‘out of respect’
Vettel to qualify in Austin ‘out of respect’Nov.1 (GMM/Inautonews.com) Sebastian Vettel will make a brief appearance during qualifying on Saturday ahead of the US grand ...
Williams bosses absent from US GP
Williams bosses absent from US GPNov.1 (GMM/Inautonews.com) Williams' two F1 bosses are missing in action this weekend for the US grand prix. It has emerged ...
Susie Wolff to extend Williams deal
Susie Wolff to extend Williams dealNov.1 (GMM/Inautonews.com) Susie Wolff will extend her deal with Williams into the 2015 season, according to the German ...
Tost wants to keep Vergne at Toro Rosso
Tost wants to keep Vergne at Toro RossoNov.1 (GMM/Inautonews.com) Toro Rosso boss Franz Tost has admitted he would like to keep Jean-Eric Vergne on board for the 2015 ...
Boycott threat emerges as next teams face collapse
Boycott threat emerges as next teams face collapseNov.1 (GMM/Inautonews.com) Battle lines are being drawn as F1 reacts to the 'crisis' of collapsing teams. But Red Bull's Dr ...
Kobayashi in Austin to keep F1 dream alive
Kobayashi in Austin to keep F1 dream aliveNov.1 (GMM/Inautonews.com) Like his 2014 teammate Marcus Ericsson, Kamui Kobayashi has travelled to Austin without a formula one ...
Test Drive: Mercedes-Benz GLA 220 CDI
Test Drive: Mercedes-Benz GLA 220 CDIThe Mercedes compact family has a new member – the adventurous GLA crossover. That means the lower-end of the luxury ...
The Nurburgring has a new owner – Viktor Kharitonin
The Nurburgring has a new owner – Viktor KharitoninRussian billionaire Viktor Kharitonin has just purchased the famous German track, the Nurburgring. “The Green Hell” is where ...
Mazda2 Sedan going to Thailand Motor Show
Mazda2 Sedan going to Thailand Motor ShowMazda will be officially pulling the wraps off a new body style of the Mazda2, the Sedan, at the 2014 Thailand International ...
Mercedes-Benz CLA Shooting Brake spied once more
Mercedes-Benz CLA Shooting Brake spied once moreNew spy photos with the new Mercedes-Benz CLA Shooting Brake have surfaced and they are showing the model in question almost ...
Mercedes-Benz GLE Coupe caught on camera
Mercedes-Benz GLE Coupe caught on cameraOur spy photographers have caught on camera recently the brand new Mercedes-Benz GLE Coupe while it was being tested out. The ...
Meet Karl – Opel’s new entry-level city car
Meet Karl – Opel’s new entry-level city carThe German based automaker Opel is planning to introduce a new five-door entry-level city car, called Karl, sometimes next ...
Recall roundup: Fiat Chrysler Automobiles’ vans and SUVs for two separate problems
Recall roundup: Fiat Chrysler Automobiles’ vans and SUVs for two separate problemsFiat Chrysler Automobiles has announced two separate recalls which are covering several vans and SUVs in the United States ...
Hyundai milestone: 10 million Elantras sold
Hyundai milestone: 10 million Elantras soldThe South Korean based automaker Hyundai has officially announced the selling of over 10 million units of the popular Elantra ...
Read more automotive news


2013 Frankfurt Motor Show Live Images

Mercedes_GLA_DSC9359
Spy-Shots of Cars
Spy-Shots of Cars
Spy-Shots of Cars
BMW M4 Special Edition GTRS4 by Vorsteiner going to SEMA 1
ferrari laferrari for sale dubai 1
custom scion fr-s 2014 sema motor show 1
AeroMobil 3.0 flying car 1
audi a4 20th anniversary 1
Five customized Ford Transits going to SEMA 1
Toyota FCV Rally Car 1
2016 honda civic type-r 2

More automotive from inautonews
The Mercedes compact family has a new member – the adventurous GLA crossover. That means the lower-end of the luxury automaker’s lineup consists of the A, B, CLA and GLA models. No wonder the German carmaker has achieved spectacular sales results lately. Back in 2005, Mercedes lost its ...
read more
Inautonews Editors Section
Test Drive: Mercedes-Benz GLA 220 CDI
Test Drive: Mercedes-Benz GLA 220 CDIThe Mercedes compact family has a new member – the adventurous GLA crossover. That means the lower-end of the luxury automaker’s lineup consists ...
Test Drive: Dacia Sandero Stepway 1.5 90 HP
Test Drive: Dacia Sandero Stepway 1.5 90 HPIf you live in Europe, you don’t need an introduction to Dacia anymore – this is the affordable Renault subsidiary that rocked the auto industry ...
Test Drive: Mercedes-Benz A180 CDI AT
Test Drive: Mercedes-Benz A180 CDI AT The new generation of the A-Class has been around since 2012 and its overall design is quite drastic, considering its predecessor. Now, two years ...

Editors Section
Inautonews Editors Section
2012 Safest Cars list 2011 Safest Cars [Video] 2011 IIHS Safest Cars [Video] 2011 EuroNCAP Safest Cars 2010 Safest Cars [Video]

Latest in Safety Recall roundup: Fiat Chrysler Automobiles’ vans and SUVs for two separate problemsFiat Chrysler Automobiles has announced two separate recalls which are covering several vans and ... Recall roundup: Ford Edge and Lincoln MKXFord has issued a recall for several Edge and Lincoln MKX vehicles because of a problem with ...
Safety Section