| Toyota's luxury division has earned reputation for | | | | 15 mpg and Porsche 911's 18 mpg. |
| refined and sophisticated luxury sedans and sports | | | | According to Toyota's domestic operations manager, |
| utility vehicles and this reputation will be lifted once | | | | Akio Toyoda, their Lexus division is envisioning to inject |
| again with its new vehicle, the Lexus IS F. It will belong | | | | its reputation some emotion with the IS F more than |
| to Lexus' line of reliable but elegant family and | | | | what the LS 430 luxury sedan did. |
| commuter vehicles. | | | | "Lexus has long been renowned as a luxury, |
| The Lexus IS F sports car will go on sale in spring | | | | high-quality brand," he said at the car's unveiling last |
| causing shakeups with cars of the same platform | | | | week at Fuji Speedway, the automaker's racing circuit |
| from European premium brands like BMW, Porsche, | | | | near Mount Fuji in Japan. |
| Volvo (makes original Volvo catalytic converter), Audi, | | | | "But to be recognized as a true global premium brand, |
| as well as the American Chevrolet Corvette. | | | | we knew we needed more emotional vehicles." |
| "Lexus doesn't have a 'halo' vehicle, and in the luxury | | | | As Lexus equipped the IS F with its supercharged |
| automotive world that's important," said Michael | | | | technologies and premium substance, Toyota expects |
| Robinet, an automotive analyst at consultancy CSM | | | | that the car will give its consumers the peak |
| Worldwide. | | | | satisfaction to raise sales to 7,000 models globally next |
| "The IS F is a vehicle that won't necessarily drive up | | | | year even with its premium price. According to Paul |
| Lexus' bottom line, but it will drive traffic to showrooms | | | | Newton, Lexus is maintaining a good stand in the auto |
| and bolster the company's image. Lexus is looking for | | | | market for producing the best luxury cars making the |
| younger buyers right now, and so they want to make | | | | sales target very feasible. |
| a big splash with this vehicle." | | | | "There appears no reason why the brand will not |
| Starting to gain fame, last week the new Lexus | | | | reach its targets based on the styling and early reports |
| vehicle was featured in the annual Neiman Marcus | | | | of its performance," he wrote in a research note, |
| holiday catalog, the Christmas Book being one of the | | | | adding that the model's prospects in Europe and Japan |
| costliest items on its list. Its tag price of $68,000 comes | | | | are less clear. |
| from its black leather interior, hand-polished wheels and | | | | "A sporting halo model cannot harm its somewhat |
| Special Build Badge. | | | | staid image in Europe," he said, but "the brand needs |
| The BMW 3 Series, Audi RS4 and Porsche 911 will | | | | time to gain traction in Japan, where it has only been |
| have quite a formidable foe in the Lexus IS F when it | | | | present for the last three years." |
| joins its club of performance-tuned sports sedans. So | | | | The exchange rate of the dollar versus the Euro will |
| far, it is the fastest production Toyota's luxury division | | | | help Lexus beat the European vehicles which are |
| has ever built. | | | | becoming pricey although European maker resisted |
| You can mistake the Lexus IS F to be carrying a | | | | price increase. |
| German DNA with its performance of zero to 60 mph | | | | "Now is key time for luxury Asian brands because of |
| in just a matter of 4.9 seconds. 20 miles per gallon is | | | | the strength of the euro, which is making it hard for the |
| boasted by its powerful five-liter V8 engine producing | | | | luxury European manufacturers," he said. "Any time the |
| 400 horsepower, says its Japanese automaker. For a | | | | value of the dollar falls, import prices rise, and the |
| sports car, its mileage is already a respectable one | | | | import manufacturer has to take a haircut on the sales |
| considering the EPA mileage standards of Audi RS4's | | | | margin to keep the price of the vehicle the same. |