Toyota planning dedicated hybrid for Lexus -paper

Newswire

TOKYO, June 29 (Reuters) - Toyota Motor Corp. is planning to launch in 2009 the first dedicated hybrid model for its Lexus luxury line, Automotive News reported on its website. Citing Lexus UK Director Steve Settle, the industry journal said the model was expected to be priced between the 30,000 euro ($40,310) IS sedan and the 51,000 euro ($68,520) RX400h hybrid sport utility vehicle, making it the cheapest hybrid under the Lexus brand, it said. The gasoline-electric powertrain is ...

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