GENEVA – Although Toyota Motor Corp.'s luxury brand finally is making some headway in Europe, it will be another decade before the auto maker is ready to build Lexus models here, a top executive says. Lexus sold 51,000 vehicles in Europe last year, nearly doubling 2005's tally. But the brand needs to reach sales of 100,000 units annually with a single model in its lineup before it can consider producing vehicles in Europe, says Tetsuo Agata, executive vice president-R&D and ...
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