Automakers

Lexus loses significant portion of Europe sales after Russian pullout

Lexus UX
The UX compact crossover is among the models Lexus sold in Russia. Sales in Russia are down 76 percent through April, according to the trade group AEB.
May 31, 2022 01:15 PM

BRUSSELS – The war in Ukraine and sanctions imposed on Russia will have a strong impact on Lexus, which generated about 30 percent of sales in its Europe region in those two countries, with Russia its largest European market overall.

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