PHOENIX – Up to now, Toyota Motor Corp.’s Lexus luxury division’s hybrid-electric vehicles have emphasized performance over fuel economy. For example, the Lexus LS 600h, the marque’s third and newest HEV going on sale in the U.S. in June, is equipped with a 5L V-8 engine mated to a large-capacity battery that, together, produce more than 430 hp. Lexus has yet to announce the exact horsepower, but emphasizes it will be on par with V-12 engines offered by non-hybrid German competitors ...

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