TOKYO – Engineers at Toyota Motor Corp.’s Lexus Development Center were not bashful about spending money to develop the new LS 460 luxury sedan, which hit dealer showrooms in September in Japan with more than 9,000 orders. While the auto maker declined to comment on the program’s cost, including installation of a new engine machining line, analysts put the amount at about ¥100 billion ($847 million), excluding supplier costs. Among the more advanced features on the LS 460, which took 20 ...

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