Lexus
 | |
| Type | Division |
|---|---|
| Industry | Automotive industry |
| Founded | 1989 |
| Founder(s) | Eiji Toyoda |
| Headquarters | Toyota, Aichi, Japan |
| Area served | Worldwide |
| Key people | Kazuo Ohara (MO) Vince Socco (VP, Asia Pacific) Andy Pfeiffenberger (VP, EU) Mark Templin (VP, U.S.) |
| Products | Automobiles |
| Services | Automotive financing |
| Parent | Toyota Motor Corporation (TYO: 7203) (NYSE: TM) |
| Divisions | F marque |
| Website | Lexus.com Lexus.co.uk Lexus.eu Lexus.jp |
Lexus is the luxury vehicle division of Japanese automaker Toyota Motor Corporation. First introduced in 1989 in the United States, Lexus is now sold globally and has become Japan's largest-selling make of premium cars. As of 2009, Lexus vehicles are officially marketed in over 70 countries and territories worldwide.[1] The Lexus marque has ranked among the ten largest Japanese global brands in market value.[2]Toyota, Aichi, Japan, with operational centers in Brussels, Belgium, and Torrance, California, United States. The division's world headquarters are located in
Lexus originated from a clandestine flagship sedan project that began in 1983. This effort developed into the original Lexus LS, which was the first vehicle to wear the Lexus marque upon its launch in 1989. In following years, Lexus added sedan, coupé, convertible, and SUV models. In 2005, a hybrid version of the RXF marque performance division with the arrival of the IS F sport sedan. crossover debuted, and additional hybrid models were subsequently introduced to the Lexus lineup. In 2007, Lexus launched its
From the start of production, Lexus vehicles have been consistently produced in Japan, with manufacturing centered in the Chūbu and Kyūshū regions, and in particular at Toyota's Tahara, Aichi, Chūbu and Miyata, Fukuoka, Kyūshū plants. Assembly of the first Lexus built outside the country, the Ontario, Canada-produced RX 330, began in 2003. Following a corporate reorganization from 2001 to 2005, Lexus also operates its own design, engineering, and manufacturing centers, solely responsible for the division's vehicles.
Since the 2000s, Lexus has increased sales outside its largest market in the United States through an ongoing global expansion. The division inaugurated dealerships in Japan's domestic market in 2005, becoming the first Japanese premium car marque to launch in its country of origin.[3] Further debuts in Southeast Asia, Latin America, and other export regions have since followed. The division's lineup has also been expanded to reflect regional specifications in model and powertrain configurations.
