By Lexus India has announced a temporary halt on bookings for its luxury MPV, the LM 350h, effective September 21, 2024. This decision comes in response to overwhelming demand and ongoing supply chain challenges, as the company aims to fulfill existing orders before reopening bookings.
Key Takeaways
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Bookings for the Lexus LM 350h are paused as of September 21, 2024.
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The decision is due to high demand and supply chain issues.
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The LM 350h was launched in India earlier this year, priced between ₹2 crore and ₹2.5 crore.
Overview Of The LM 350h
The Lexus LM 350h, which debuted at the Auto Expo 2023, has quickly gained popularity among luxury vehicle enthusiasts. Priced between ₹2 crore and ₹2.5 crore, it is available in two configurations: a 7-seater VIP model and a more premium 4-seater Ultra Luxury variant. The vehicle is designed to provide an unparalleled passenger experience, combining comfort, innovative design, and advanced technology.
Reasons For The Booking Halt
Lexus India cited several reasons for the temporary suspension of bookings:
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Overwhelming Demand: The LM 350h has received significant interest, leading to a backlog of orders.
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Supply Chain Challenges: Ongoing issues in the supply chain have made it difficult for the company to meet current demand.
In a statement, Lexus India expressed gratitude to its customers for their support and emphasized its commitment to resuming bookings as soon as possible.
Features And Specifications
The LM 350h is built on the GA-K modular platform and boasts a striking design characterized by:
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A large spindle grille
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Sleek LED headlamps
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Vertical fog lamp housings
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A full-width LED tail-light setup at the rear
Powertrain
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Engine: 2.5-litre, 4-cylinder self-charging hybrid engine
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Power Output: 250 hp
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Torque: 239 Nm
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Transmission: eCVT gearbox
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Drive System: E-Four all-wheel drive
Interior Features
The LM 350h is designed for luxury and comfort, featuring:
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Airline-style recliner seats
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A 48-inch TV
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A 23-speaker surround-sound audio system
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Heated armrests and ottomans
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Multiple USB ports and wireless phone chargers
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A refrigerator and fold-out tables
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Advanced climate control systems that adjust based on passenger temperature
Market Impact
The LM 350h has already attracted attention from high-profile customers, including celebrities and business magnates. Its luxurious features and high price point have positioned it as a status symbol in the Indian automotive market. However, the temporary halt in bookings may impact its momentum, as potential buyers await the opportunity to place their orders.
Conclusion
Lexus India’s decision to pause bookings for the LM 350h reflects both the vehicle’s popularity and the challenges faced in the current market. As the company works to address supply chain issues and fulfill existing orders, customers remain hopeful for a swift return to normalcy in the booking process. The LM 350h continues to stand out as a symbol of luxury and innovation in the automotive landscape.
