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Toyota offered $146.5 million to build Lexus ES in Kentucky

Toyota posted a media advisory yesterday saying that Akio Toyoda, president of Toyota, and Jim Lentz, CEO of Toyota North America, would be making a production announcement tomorrow in New York City, and Automotive News reports that the automaker will be announcing a plan to domestically produce the Lexus ES. According to the report, numerous plants are competing to build the ES in North America, and the State of Kentucky has offered the automaker up to $146.5 million to build the luxury sedan at the Georgetown, KY assembly plant.
If Georgetown gets the ES, which has been built in Japan since its debut in 1989, it would be built alongside the Toyota Camry, which is somewhat ironic since in our review of the 2013 Lexus ES350, we wrote that this ES finally says "goodbye to its Camry roots." In order to get the whole amount offered, the article states that Toyota would have to invest $531.2 million and hire 570 full-time workers at the plant, which doesn't sound all that unreasonable since the plant would require an additional 50,000 units of annual production, not to mention the fact that the Georgetown facility is already at its capacity for building the Camry.

Toyota, Lexus dominate KBB's Best Resale Value Awards

Toyota and Lexus stormed the 2014 Kelley Blue Book Best Resale Value Awards, winning a combined 18 categories including best brand and best luxury brand. This marks the third year in a row that both automakers have won the Brand and Luxury Brand resale value awards. In all, Toyota won 11 categories and Lexus won seven.
Honda made a good showing, as well, winning two segments (Accord Plug-In Hybrid and Civic Si) and putting one car on the top-10 Best Resale Value list (CR-V). Chevrolet did even better, winning two segments (with the V6 Camaro and the Corvette) and placing three cars on the top-10-overall list (again, the Camaro and Corvette, plus the Silverado 1500).
The other winners came from Jeep, Dodge, Infiniti, Subaru and Audi. To give you a clearer picture of the Toyota and Lexus domination, their 18 mentions represents more than half of the 34 awards (including the top-10-overall list).

Lexus reveals more photos of its future electric sports car

Lexus previewed its Electrified Sport late last year amongst a gaggle of other EVs the company says is coming by 2030. However, photos of the two-door sports car were in short supply back then. That changes today. Now, you can see the battery electric sports car in all its glory with a number of images from different angles, in a fresh batch released by Lexus. Unfortunately, the new images are not accompanied by new information. This means we’re still dealing with the same set of details Lexus provided a couple of months ago. The EV is predicted to have a 0-60 mph time in the mid-2-second range, and its total range is going to be greater than 430 miles. The latter part of that spec breakdown is reliant on the use of solid-state batteries, so weÂ’ll just have to wait and see if that tech comes to fruition by the time this sports car launches. As for the photos, weÂ’re just as entranced by this Lexus as we were before. ItÂ’s meant to revive “the spirit of the iconic Lexus LFA,” and its two-door coupe body style with the extra-long hood is certainly working in our eyes. We canÂ’t be sure how much of this conceptÂ’s design will reach production, but if the final car looks like this, itÂ’s going to be a stunner. LexusÂ’ recent track record on two-door luxury sports cars has us thinking positively, too — just look at the LC 500 as proof. More details on the car and its timing are likely a long way out at this point, but at least there are some pretty pictures to look at in the meantime. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.