2011 Lexus Is 250 Base on 2040-cars

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Toyota's 'green bond' an industry first, quickly rises to $1.75 billion

Toyota is greasing the skids for more green car purchases with the announcement of a $1.75-billion bond designed to finance the purchase of high-efficiency Toyota and Lexus models. The Asset-Backed Green Bond is a first for the automotive industry and is making a lot of money available to buy or lease the following vehicles: any of the four Prius variants, Camry Hybrid, Avalon Hybrid, RAV4 EV, Lexus CT 200h and Lexus ES 300h. Originally, the bond was set at $1.25 billion, but Justin Leach, manager of public relations for Toyota Financial Services (TFS), told AutoblogGreen that demand was high and it was quickly oversubscribed. TFS has been looking at more ways to diversify its portfolio after a Diversity & Inclusion Bond that was announced in early 2013 and, with the new Green Bond, TFS is offering something for the "number of investors out there who are looking for investment opportunities in green." The way the money from the bond is used, basically, is that TFS takes the $1.75 billion and uses it to finance the purchase or lease of the nine vehicles listed above. As of right now, all the eligible vehicles are plug-in or hybrids, but the rules simply say that the cars in the program have to meet certain "powertrain, fuel efficiency and emissions" criteria. That means: Minimum EPA estimated MPG (or MPG equivalent for alternative fuel vehicles) of 35 city / 35 highway California Low-Emission Vehicle II (LEV II) certification of super ultra-low emission vehicles (SULEVs) or higher, which would include partial zero emissions vehicles (PZEVs) and zero emissions vehicles (ZEVs). TFS raises plenty of billions in other ways for the rest of the lineup, and got into asset backed securities in 2010, Leach said. Given the success of this first Green Bond, Leach said he expects TFS to keep this idea in its arsenal. "This one was so well received, I would be surprised if we didn't see it again," he said. "If anyone was going to do it, it should be Toyota, right?" Toyota Financial Services (TFS) Issues Auto Industry's First-Ever Asset-Backed Green Bond Bond Proceeds to Fund Consumer Loans and Leases for Toyota's Leading Portfolio of Green Vehicles TORRANCE, Calif., (March 24, 2014) – Toyota Financial Services (TFS) issued the auto industry's first-ever Asset-Backed Green Bond in the amount of $1.75 billion.

2023 Lexus ES gets new touchscreen infotainment, F Sport packages

Toyota might be finished with the Avalon but Lexus isn't finished with the ES. The 2023 ES sedan acquires features to please a range of buyers, from a new infotainment system to new F Sport packages similar to those added to the IS sedan range. The benefit for every buyer will be Lexus Interface infotainment with touchscreen and voice controls. Oddly, Lexus didn't include a photo of the reworked interior, said to get a redesigned center console, a new sunglass holder, a new cup holder location, and an "available wireless charger." We believe the redesign jettisons the trackpad previously used to control the infotainment system, placed on the center tunnel next to the shift lever. If other recent Lexus offerings are the guide, we'll expect the cupholder to move to next to the shift lever instead of behind it — and hope Lexus forgot to make "cupholder" plural instead of giving front-row occupants two receptacles. The ES already offered a wireless phone charger, so we expect the news here is that it's also moved.   The touchscreen will be easier to control and also comes with a higher resolution. The system can be controlled by voice when given the "Hey Lexus" command to attention, and features dual microphones, seat detection, and speaker location capability. The standard screen continues to be eight inches across, the optional screen maxes at 12.3 inches. Wireless Android Auto and Apple CarPlay are included. For sedan shoppers seeking a bit more spice either cosmetically or dynamically, the ES adopts the F Sport Design Package and the F Sport Handling Package that came to the IS last month. Any ES (250 AWD, 350, and 300h) optioned up to Premium trim can add the F Sport Design bundle with its unique front bumper and grille surround, rear spoiler, and exclusive 19-inch, gloss black split-five-spoke alloys. It also adds Intuitive Park Assist to the convenience feature list.   ES 350 and ES 300h buyers who stump for the F Sport Design Package can further add the F Sport Handling Package. This gets two extra drive modes, Sport+ and Custom, to manage the F Sport adaptive suspension, plus a heated F Sport steering wheel, Hadori aluminum trim, aluminum pedals, and a black headliner.

Lexus teases Frankfurt Motor Show concept... is it the RC Coupe?

With the teaser image of the concept car above and the announcement that Lexus will be premiering it to the world at the Frankfurt Motor Show on Tuesday, September 10, you know pretty much what we know. The Japanese luxury brand has decided to to say nothing more. Picture sleuthers have, however, suggested that it is a conceptual preview of either the RC Coupe or the hotter RC-F that will be revealed in Tokyo, or, less likely, the coming NX crossover - and that covers all the bases that we know of.
Along with that, Europeans will get to lay eyes on the GS 300h for the first time, the sport sedan powered by Lexus' 2.5L hybrid powertrain. You'll find a skosh more information in the press release below.