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Toyota to launch two luxury vehicles in Japan -Nikkei
Toyota Motor Corp will launch two higher-end luxury vehicles in Japan during the next financial year as it seeks to capture a larger share of the luxury car market, the Nikkei newspaper reported on Friday.
www.reuters.com
The automaker will introduce a luxury sport-utility vehicle, the Toyota Century, in its home market sometime between August and the end of March 2024, Nikkei said, citing anonymous sources.
The second luxury model is a minivan version of its Lexus brand, the Lexus LM, Nikkei said, likely to go on sale in the second half of the next financial year, which runs from April through March 2024.