• Feb 4th 2008 at 10:03AM
  • Add
According to Automotive News, Toyota might be looking to develop a compact SUV to compete with the Acura RDX, BMW X3, the recently introduced Infiniti EX35 and the soon-to-be unveiled Audi Q5. The market for luxury cute 'utes is growing as people either downsize their larger SUVs and, in some cases, abandon the suburbs for more urban environs where a traditional SUV is too big to cope.

However, two problems face Lexus. First, the possibility of overlap with some of Toyota's offerings could cannibalize sales on both fronts (Lexus would likely utilize the AWD RAV4's platform), and the current RX350 isn't what we'd call a porker. Secondly, in order to hit the $30,000 price point, some of the luxury amenities buyers expect couldn't be offered. While a vehicle in the $30,000+ realm lines up nicely with some of the offerings from Acura (around $33k for the RDX) and Infiniti ($35k for the EX35), the BMW X3 is still around $38,000 and the Audi Q5 should be priced about the same.

[Source: Automotive News – Sub. Req.]

I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.

    • 1 Second Ago
  • 2015 Toyota Highlander
    MSRP: $29,765 - $44,140
    2015 Honda Accord
    MSRP: $22,105 - $33,630
    2015 Toyota Corolla
    MSRP: $16,950 - $22,955
    2015 Mazda Mazda3
    MSRP: $16,945 - $25,545
    2015 Jeep Grand Cherokee
    MSRP: $29,995 - $64,895
    Share This Photo X