Click above for high-res gallery of the Lexus LF-A concept.

Lexus sales have been down every month so far this year, which may be due in part to its SUV and crossover-heavy lineup. It also seems that Toyota's luxury division doesn't quite have redesigns of its sedans ready yet. According to Automotive News, the automaker's smallest car, the IS, won't be redesigned for another few years. While the SC coupe/convertible is set to go the way of the Dodo, expect to see a coupe and convertible iteration of the IS sometime soon. Some sales help is also likely forthcoming from the Lexi-fied version of Toyota's next-gen Prius.

In a blow to high-performance sedan lovers, however, the rumored GS-F performance edition of the marque's rear-wheel drive mid-size sedan has been put on hold with fears that the sinking economy will shrink the market for gas-guzzlers too much to make it worthwhile. In more bad news, the $200K-plus LF-A supercar is also being delayed, reportedly in part for failing to meet its desired performance targets. Could that have anything to do with the recent Nissan GT-R and Corvette ZR-1 'Ring lap times? You bet'cha.

Related GalleryLexus LF-A Concept

[Source: Automotive News]