Lexus is back in contention for the wallets of U.S. luxury vehicle buyers, after trailing its German competitors for three years.
Toyota Motor Corps luxury marque outsold Daimler AG (DAI)’s Mercedes-Benz in May for the second time in five months and pulled within about 12,000 deliveries of market leader Bayerische Motoren Werke AG so far this year. The gap may close further with the Toyota City, Japan-based automaker scheduled to introduce the NX, the Lexus brand’s first compact crossover, and the RC sports coupe to its lineup later this year.
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