Lexus Could Become Hybrid-only Carmaker

Shane McGlaun (Blog) - October 10, 2008 10:10 AM Lexus long-term outlook for hybrids is bright The hybrid car continues to be on the minds of carmakers and consumers alike. With the weak economy and high gas prices, the hybrid car owner is in a position to save on fuel costs and possibly even get a tax break. Many luxury carmakers are getting into the green segment with luxury cars using some sort of electric boost to aid fuel economy, and Lexus is one of them. Lexus raised a few eyebrows in the luxury car ranks when it unveiled the LS 600h L Hybrid in 2006. Motor Authority reports that Lexus is eyeing a transition to a hybrid-only line of vehicles in the medium to long term. Reports say that Toyota managing officer Toshio Furutani told Nikkei business daily that hybrid... [read full story]                    

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