Toyota Expanding Lexus Production Capacity

Newswire

TOKYO, July 3 (Reuters) - Toyota Motor Corp will start making its luxury Lexus brand cars at its Motomachi plant in Japan in August, the automaker said on Thursday, expanding its production base as it seeks to boost both sales and the brand's status globally. Toyota President Akio Toyoda placed the 25-year-old Lexus brand directly under his oversight last year and has vowed to make it into a premium marque recognised globally. Currently, about half of Lexus's global sales are made in ...

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