Mark Templin, general manager of Lexus Division, said dealers have a tight 30-day inventory across all model lines. Some models, such as the recently launched CT 200h compact hybrid hatchback, are nearly sold out.
"It's a frustrating experience," Templin said last week at the New York auto show.
Longer term, Lexus likely may not be the best-selling luxury brand ever again, as Mercedes-Benz and BMW move further down-market to hit fuel economy targets.
"It's being driven by regulations, not demand. It won't be that long before some [luxury brand] is selling 500,000 cars a year," Templin said.
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