Lexus HS250h Axed Over Poor Sales

Lexus HS250h Axed Over Poor Sales
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Lexus was one of the first premier automakers to introduce a series of hybrids in its line-up. In 2009, Lexus launched its first dedicated hybrid model, the HS 250h.

However, due to a failure to meet market expectations, Lexus has reportedly decided to end its run. Although a time frame has yet to be officially proposed, chances are it will come sooner rather than later. Last month, Lexus had only sold just 205 units, bringing the yearly amount to only 2,383. Compared to last year, the figure has suffered a 72.8 percent decrease.

One possibility for the HS250h’s lack of success is its $37,030 price tag, nearly four-grand more than a Lexus IS. It’s place will likely be filled with a hybrid version of the ES, while Lexus seems to have found more success with its new CT200h model.

GALLERY: Lexus HS 250h

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Click here to read AutoGuide’s 2012 Lexus CT200h Review