Retail

Lexus retailers prepared to handle plateauing market

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.
January 26, 2019 07:00 PM

The outgoing chairman of the Lexus National Dealer Advisory Council says his brand is as prepared as any to handle a plateauing market, but it could use some help on the upper end of its product lineup.

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