In 1983, Toyota chairman Eiji Toyoda issued a challenge to build the world’s best car. The project, code-named F1 (“Flagship One”) developed the Lexus LS 400 to expand Toyota’s product line in the premium segment. The F1 project followed the Toyota Supra sports car and the premium Toyota Mark II models. Both the Supra and Mark II were rear-wheel drive cars with a powerful 7M-GE or 7M-GTE inline-six engine. The largest sedan Toyota built at the time was the limited-production, 1960s-vintage Toyota Century, a domestic, hand-built limousine, and V8-powered model, followed by the inline-six-engined Toyota Crown premium sedan. The Century was conservatively styled for the Japanese market, and along with the Crown not slated for export, after a complete restyle in 1982. The F1 designers targeted their new sedan at international markets and began development on a new V8 engine.
Lexus History
In 1986, Toyota’s longtime advertising agency Saatchi & Saatchi formed a specialized unit, Team One, to handle marketing for the new brand. Image consulting firm Lippincott & Margulies was hired to develop a list of 219 prospective names; Vectre, Verone, Chaparel, Calibre and Alexis were chosen as top candidates. While Alexis quickly became the front runner, concerns were raised that the name applied to people more than cars (being associated with the Alexis Carrington character on the popular 1980s primetime drama Dynasty), and as a result the first letter was removed and the “i” replaced with a “u” to morph the name to Lexus.
In 2000, Lexus introduced the IS line, a series of entry-level sport sedans. In 2001, the first convertible was introduced, as well as the SC 430, a redesigned ES 300, and the third generation LS 430. The GX 470 mid-size SUV debuted in 2002, followed by the second generation RX 330 in 2003. The following year, Lexus recorded its two-millionth U.S. vehicle sale, and the first luxury-branded production hybrid SUV, the RX 400h. This vehicle used Toyota’s Hybrid Synergy Drive system that combined gasoline and electric motors.
Remember that before you buy, check the history of the vehicle. You do this by typing the VIN Number Lexus below:
Source: wikipedia.org