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October 4, 2007

OYAMA, Japan -- Toyota chose a swerving Formula One racing course to show its new luxury Lexus sportscar Thursday, to make sure reporters got the message the new IS F model is about revved up engine muscle and the thrill of nimble handling, according to the Associated Press.
Toyota Motor Corp. is hoping to sell 7,000 Lexus IS F cars globally next year, about 5,000 or 6,000 in the U.S., 500 in Japan and the rest in Europe.
The $67,000 sportscar, which can hit speeds of 186 mph, rolls out Dec. 25 in Japan, and in February or March in the U.S., Toyota executive Takeshi Yoshida said.
Posted by Peter C. T. Elsworth
at 9:39 AM to Toyota
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