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If, like us, you've been racking your brain to figure out how Toyota is possibly going to be able to offer the FT-86 anywhere near its price target, Road & Track may have part of the answer for you. The magazine is reporting that the next-generation Lexus IS will ride on a stretched version of the low-dollar coupe's platform, allowing Toyota to spread the development costs between the two models. With the production version of the FT-86 due in dealerships in 2012, the IS is expected to bow s

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Next-generation Lexus IS spy shots – Click above for high-res image gallery

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The making of "Music Track" – Click above to watch the video after the jump

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2011 Lexus IS sport sedan in "Music Track" – Click above to watch the video after the jump

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2010 Lexus LS460 Sport – Click above for high-res image gallery

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2010 Lexus IS250 C and IS350 C – Click above for high-res image gallery

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Click above for a high-res image of the Five Axis Lexus GS 460

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Click above to view gallery of the 2009 Lexus IS

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Back in March, Winding Road floated the idea that Toyota may be in the process of developing a rear-wheel drive vehicle in the same vein as the Corolla AE86 of the 80s. At the time, it was easy to pass it off as pure speculation. Now, the GTChannel says that its sources in the Land of the Rising Sun have also confirmed that a 2+2, front-engine, RWD vehicle is in the works and that if and when it comes to market its sticker will be "well under [$] 20k" – maybe even $16,000.

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Although the upcoming IS-F has got many a Lexus enthusiast's blood boiling, those that are already content with their IS350 can benefit from one of Japan's top Toyota tuners: TOM'S.

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The Lexus brand was built on the idea that no segment is sacred, and for too long the German automakers have owned the high-performance entry-level luxury market. The BMW M3, the Mercedes-Benz C-Class AMG, and the Audi S4/RS4 go at each other like Rottweilers fighting over the last piece of Kibble, and now Lexus is planning to stick its snout in the fray with this IS500 seen track testing at the Nurburgring in Germany.

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