DEARBORN, MI – No one at Toyota Motor Corp.’s luxury division is saying the Lexus IS has been a failure since the sports sedan’s 2000 debut in the near-luxury segment. After all, it has attracted a lot of affluent young consumers to Lexus. The 29-year-old median age of IS buyers has been the lowest of all luxury makes, says Deborah Meyer, Lexus vice president-marketing. 2006 Lexus IS It has lured many first-time Lexus owners. Nearly 90% of IS owners are new to the brand. And the IS ...

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