Automotive News has a short interview with John Iacono, owner of three Lexus dealerships in New York City and former chairman of the Lexus National Dealer Advisory Council:
The only drawback [of being a Lexus dealership] right now, he says, is the wait time for the anticipated flagships. Every luxury brand, he added, needs a flagship presence to maintain relevance in the segment.
Iacono said a three-row SUV that stays in line with the pricing of the current $42,850 two-row RX would be nice, too. At the New York auto show, Lexus confirmed that vehicle would come as an expanded RX crossover.
“We’ve done a good job of communicating from the retail to the manufacturer side what our needs were,” Iacono said. “I think everyone was in the same mindset that we needed both a flagship and a three-row SUV.”