The decision earlier this week by Honda Motor Co. Ltd. to delay the launch of its Acura premium brand in Japan by at least two years likely was prompted by the slow start of Toyota Motor Corp.’s rival Lexus brand, analysts tell Ward's. “Lexus sales (in Japan) have been very disappointing and behind plan,” says Tim Urquhart, Asian automotive analyst for Global Insight in London. Masakai Taketani, director-Asian vehicle forecasts for CSM Worldwide Inc. in Detroit, agrees. Lexus made its ...
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