Report: Lexus Recovery will Abstain from Cheaper, Near-Premium Cars (2012-2-21)
After a down year in which Lexus lost the U.S. luxury sales lead to its German rivals, the re-emerging automaker confirmed it will not cheapen its lineup with near-premium cars priced below $30,000. The comment comes on the heels of several notable luxury brands soon releasing a slew of sub-$30,000 near-premium cars, like the Acura [...]