Toyota targets 2006 Lexus sales at 500,000 units

Newswire

TOKYO, July 26 (Reuters) - Toyota Motor Corp. said on Tuesday it aimed to boost sales of its Lexus luxury cars to 500,000 units globally in 2006 -- up 40 percent from last year -- as it rolls out the brand for the first time in Japan next month. The world's second-biggest auto maker is counting on the domestic introduction of the Lexus line to revive demand in the premium segment long dominated by European marques. At a launch event at Tokyo's Olympic stadium, Japan's top car maker took ...

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