Comparing
monthly sales of a new model with the maker’s target is a popular pastime for
Japanese market watchers. Little wonder, then, that Toyota is looking so pleased:
Japanese sales of the Soarer (aka the Lexus SC430) kicked off on April 3 to reach
1,400 vehicles for the first month – seven times target, which led to an instant
two-month waiting list and no need for the usual Western mutterings about available
selling days, public holidays, etc.
|
Corporate
Profile – Go deeper with GlobalData |
US buyers liked the Lexus version of the all-new retractable tin-top convertible
so much they placed 10,000 orders by the end of April.
At six million yen (about $US49,000) at home, the Soarer’s price is relatively
high, especially for Japan, so Toyota is pleased at its sales success in an
otherwise sluggish market in which having exciting new product on tap is currently
the only way to shift metal in decent volume.
About 30 percent of Japanese Soarer buyers are in their 50s and 90 percent
of those are male. The most popular colour is white (35 percent), followed by
silver (25 percent) and 50 percent, of the cars, are being ordered with run-flat
tyres.
Quite different demographics apply to the butch-looking WiLL VS, also launched
in April, and also making brisk sales though, in this case, initial monthly
target was passed by just 100 vehicles to 1,600. Here, most buyers are young
males in their 20s and 30s and the most popular body colour is dark purple.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
To view related research reports, please follow the links below:- Automotive The |
