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WardsAuto Podcast: Tesla, Tariffs and New Lexus LX SUV FlagshipWardsAuto Podcast: Tesla, Tariffs and New Lexus LX SUV Flagship
WardsAuto Podcast host David Kiley covers Tesla earnings, looming Trump tariffs impacting autos and the all-new Lexus LX luxury SUV, which has a hybrid in the lineup for the first time.
Wards Staff
February 3, 2025
Lexus is introducing a hybrid variant in its LX series, the LX 700h. The 2025 LX 700h starts at $115,350 while the whole model line tops out at $141,350.
In 2024, Lexus sold 6,830 LX SUVs in the U.S., a slight decrease from the 6,959 units sold in 2023. That’s not a lot, but the global market for luxury SUVs priced from $90,000 to $125,000 is forecasted to grow at a 12% compound rate over the next decade.
Toyota’s luxury brand will be vying for that growth against Mercedes-Benz, BMW, Cadillac, Lincoln to some degree and Land Rover.
WardsAuto Podcast Host David Kiley talks with Lexus Product Manager Richard Hollingsworth about the new Lexus flagship.
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