Bloomberg reports that because of shifting tariff regulations, and thanks to cheaper import taxes, foreign brands have seen a market share jump from 28 percent to 41 percent over the last two years.This means, BMW, Mercedes-Benz and Audi have all capitalized on the shift leaving domestic producers ...
Autocar is reporting that Lexus may be mulling a production version of the company's LF-LC Concept. The car got a universally positive reception at its unveilling at the Detroit Auto Show, but Karl Schlicht, head of Lexus product planning gave the vehicle a 50-50 shot at hitting dealers sometime in the future.
Back in January, Toyota made it very clear the LF-LC was strictly a concept. As you may recall, the vehicle is a 2+2 coupe with a hybrid drivetrain and a low-slung presence.
Schlicht says that the vehicle would never have been considered for production if it had merely been submitted as a design proposal. But now there's positive reviews of the physical concept. So the company's decision makers will have to give the LF-LC a second look.