TORRANCE, Calif., Jan. 23, 2015 – Why are Toyota and Lexus owners happy? Because their vehicles hold more than passengers and possessions…they hold their value.
Filed under: Lexus , Toyota , Manufacturing/Plants , Crossover , Budget , Luxury Toyota and Lexus are pushing production of its CUVs, while the mainstream brand is watching and considering the compact segment below the entry level RAV4. Continue reading Toyota, Lexus to build more CUVs to meet surging demand Toyota, Lexus to build more CUVs to meet surging demand originally appeared on Autoblog on Sun, 18 Jan 2015 17:00:00 EST. Please see our terms for use of feeds . Permalink
Filed under: Earnings/Financials , Audi , BMW , Porsche , Toyota , Car Dealers , China , Luxury Reuters reports that BMW has agreed to pay its Chinese dealers 5.1 billion yuan ($820 million) to help them overcome huge inventories and poor profits last year. Audi and Daimler have are also subsidizing Chinese dealers with hundreds of millions of dollars as the local auto market slows down. Continue reading Automakers paying Chinese dealers for lower-than-expected sales Automakers paying Chinese dealers for lower-than-expected sales originally appeared on Autoblog on Sat, 10 Jan 2015 17:31:00 EST. Please see our terms for use of feeds . Permalink
All-New Lexus NX Compact Luxury-Utility Combines Breakthrough Design and Choice of Turbo or Hybrid Power
WHISTLER, British Columbia (July 6, 2014)
BLUE SPRINGS, Miss. (April 17, 2014)
BEIJING – April 11, 2014 – There’s a first for everything! The all-new Lexus NX comes to market as the brand’s first entry into the luxury compact crossover segment and with the first turbo in the lineup. The NX will also be offered in naturally aspirated and hybrid powertrains. Powertrains will vary by region. The U.S. market will offer the NX 200t turbo and NX
TORRANCE, Calif., (Feb. 5, 2014) – Lexus owners have more to be happy about since the marque earned top honors in the Luxury Brand category of Kelley Blue Book’s 2014 5-Year Cost to Own Awards. This is the second year in a row Lexus has been named the luxury brand with the lowest projected ownership costs during the first five years.
Lexus Takes Top Honors for the Third Year in a Row in Kelley Blue Book’s ‘2014 Best Resale Value Awards’ for Luxury Brand
TORRANCE, Calif., (Nov. 18, 2013) – Lexus once again took the top spot in in the Luxury Brand category of Kelley Blue Book’s 2014 Best Resale Value Awards, continuing its reign for the third year in a row. In addition to retaining the luxury brand crown, six other Lexus models won in their categories:
2014 Lexus RX 350 Demonstrates How Lexus Created and Then Dominated the Luxury Crossover Utility Vehicle Segment
There’s no question that Lexus created the blueprint for the luxury crossover utility vehicle 15 years ago with the original RX models. The 2014 RX 350 maintains its segment leadership by evolving that original, much-copied formula. The 2013 model year brought a freshened design with the bold brand-signature spindle grille. The line also brought new driving pleasure with the RX 350 F SPORT model.