Category
Retail
Lexus retailers prepared to handle plateauing market
Share
Expand
AUTOMOTIVE NEWS: Is Lexus offering financial support for investments to adapt to changes such as electrification? CARL SEWELL III: Right now, they’re just taking more of a wait-and-see approach. There are discussions around that, around everything from charging stations to fuel cell, but there is nothing concrete as of yet. I think we’re all trying to learn together what works. You read some of the articles around some of the OEMs and what they’re going to require very quickly, and what that’s going to look like from a cost perspective. It’s interesting.
Author
By:
Larry P. Vellequette
January 26, 2019 07:00 PM
Featured Stories
Could Honda-Nissan be the new Japanese juggernaut, or just ‘coalition of the weak’?
Image
Stellantis shelves 1,100 layoffs at Ohio Jeep plant to reassess strategy
Image
U.S. new-vehicle sales expected to carry year-end momentum into 2025
Image
VW, German unions reach deal to cut 35,000 jobs, avoid plant closures
Image