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Looking for $10k off on a Lexus or Caddy? High-priced hybrids reportedly getting hefty incentives
Surprise! Lexus and its parent company, Toyota, are apparently finding that it's not as easy selling $106,000 hybrids as it is for $25,000. The Lexus LS 600h L is certainly an excellent piece of automotive engineering, delivering gobs of horsepower and torque with at least a modicum of efficiency thrown in for good measure. Still, sales of the LS range are down over 50%, leading the the Japanese auto giant to place a whopping $10,000 cash incentive on its range-topping hybrid model. Moving down the Lexus lineup a notch will net you a ... Read more →
Lexus brand isn't flying in Toyota's home market Dan Roth
In trying to establish a Japanese-market foothold for Lexus, Toyota has seemingly fallen prey to the same tactic that made the Cadillac Cimmaron such a maroon. When trying to launch a brand, ...
Lexus exceeds LS600h sales target by three hundred percent Jonathon Ramsey
Remember when the Lexus LS 600h was on the way, and there was head-scratching aplenty about the $100K+ price and the delay? At the time, Lexus said it only planned to sell 2,000 of the hybrid ...
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Looking for $10k off on a Lexus or Caddy? High-priced hybrids reportedly getting hefty incentives 1 month ago on Autoblog
Surprise! Lexus and its parent company, Toyota, are apparently finding that it's not as easy selling $106,000 hybrids as it is for $25,000. The Lexus LS 600h L is certainly an excellent piece of automotive engineering, delivering gobs of horsepower and torque with at least a modicum of ...
Lexus brand isn't flying in Toyota's home market 1 year ago on Autoblog
In trying to establish a Japanese-market foothold for Lexus, Toyota has seemingly fallen prey to the same tactic that made the Cadillac Cimmaron such a maroon. When trying to launch a brand, especially an upscale brand, it's not advisable to rebadge existing models and crank up the price. It ...
Lexus exceeds LS600h sales target by three hundred percent 1 year ago on Autoblog
Remember when the Lexus LS 600h was on the way, and there was head-scratching aplenty about the $100K+ price and the delay? At the time, Lexus said it only planned to sell 2,000 of the hybrid cruisers per year, and that they already had orders for 1,650 of them. Then the car came out, and in spite ...
Autoblog Podcast #154: Gobbling up the News
Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.
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