Toyota Motor Sales USA reported that the sales of both its Toyota and Lexus brands have increased. For June, Toyota Division will offer 0% financing and subsidized leases, which it has been offering since March.
While Toyota Division will still offer big incentives, Lexus is dropping cut-rate leases. During a sales call, General Manager Mark Templin said that Lexus sold 22,216 vehicles (up by 31%), double the growth of its rivals in the luxury segment. Mercedes-Benz sales rose 23 percent to 18,548 in May and gained 22 percent to 85,405 so far this year, Daimler said.
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