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Automotive News has published its full interview with new Toyota North America CEO Ted Ogawa after posting an except last month, and it’s a fascinating read from start to finish. Of course, we will focus on the Lexus-specific information:
Ogawa: I have no worries about the Toyota lineup, but in the case of Lexus, the cadence is an issue. So for this year, the LC convertible is new. Profitwise, it may be OK, but in this sense, the Lexus dealer body wants to see more product sooner.
AN: How will you change that within Lexus?
Ogawa: We need to change the cadence and the product and the powertrain. Cadence is a planning concept, so that’s a No. 1 priority. And then product, next to the powertrain, right now is a second order.
On a day when Toyota announces two all-new vehicles (the...
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