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2021 Lexus IS shows its rear end, gets a new unveiling date

Lexus was set to introduce the next-generation IS on June 9, but it postponed the event to respect "the recent global situation," meaning worldwide protests in the wake of George Floyd's death in police custody. Now Lexus has rescheduled the unveiling, and given us our first look at its next entry-level sedan. The model's global debut is scheduled for at 7 p.m. Eastern time June 15, which is 4 p.m. for West Coasters. The unveiling will take place online, and the company will stream it live on its various social media channels. Lexus published a five-second preview video to give us a fleeting look at the 2021 IS. Although the front end remains hidden, the preview reveals that thick chrome trim surrounds the side windows, and that the elongated rear lights are connected by a thin light bar. It's a styling cue that should emphasize the compact sedan's width. We know the next-generation IS will carry on with rear-wheel drive, though all-wheel drive will again be offered at an extra cost, and the video confirms the IS 350 nameplate will return. It's too early to tell what it will denote, however. Earlier, unverified rumors suggest the model will gain a 3.0-liter straight-six engine sourced from BMW and shared with the Z4 and the Toyota Supra, among other models. Other reports affirm the range will consist of a turbocharged four-cylinder, a naturally-aspirated V6, and, at the top of the range, a new-for-2021 5.0-liter V8. Lexus has offered a V8-powered IS before; it introduced the terrific IS F at the 2007 edition of the Detroit Auto Show and kept it in production until 2014. The V8-powered model allegedly due out in the coming months won't pick up where the IS F left off, however. It will be named IS 500, so it won't be a full-fledged F-tuned model. 500 corresponds to 5.0 liters of displacement, and the current, 350-badged IS is powered by a 3.5-liter V6. While this naming system seemingly discredits rumors of a BMW-built 3.0-liter six, keep in mind Lexus emblems aren't always pegged to an engine's displacement. The entry-level 2020 IS 300 is equipped with a 2.0-liter four-cylinder. Will Lexus stick to tradition, or will it invite BMW to a game of musical emblems? We'll know when the veil comes off the next IS in a few short days. It's expected to arrive in American showrooms before the end of 2020 priced in the same ballpark as its predecessor, which starts at $38,560.

Toyota applies to trademark Lexus LFR name in Europe

Less than a week ago, Toyota appealed to the European Union Intellectual Property Office (EUIPO) to reserve the names Lexus LFR and LFR for "Automobiles and structural parts thereof," CarBuzz discovered. Starting with the usual disclaimer, we can't know what this will be applied to, nor if it will be applied to anything; automakers constantly reserve names that never find their way to production vehicles. Now for the fun part: The short money says this is for the production version of the Lexus Electrified Sport Concept shown in December of last year, successor to the LFA. Pulling back the nomenclature curtain, Lexus began its Lexus Future (LF) series with the LF-S sedan in 2003. The A in the LF-A concept that followed two years later was said to stand for Apex. Our guess is that what's coming is the Lexus Future Revolution. This is, after all, the car that will "destroy the spindle grille."  On top of potentially evolving from the concept name to LFR, if that's what it's called, the vehicle itself still appears to be in flux. The Electrified Sport was touted with an electric powertrain run off solid-state batteries, as targeting a 435-mile range or more, and having 1,000-horsepower guts enabling a 60-mph sprint in just over two seconds. In March, reports out of Japan said a version powered by a 4.0-liter twin-turbo V8 hybrid would launch first, the EV not arriving until the end of this decade — a timeline that makes sense considering solid-state batteries aren't due in a Toyota until 2025, and only then in a hybrid. There's no reason to believe Lexus would want to run high-tech, high-voltage, high-risk experiments in its halo car. In July, another Japanese outlet refined the ICE rumor with gossip that what was then referred to as the LFA II would fit the 5.0-liter twin-turbo V8 from the Lexus LC 500 endurance racer and make around 700 horsepower. Supposedly, it would also become the "substitute for the GR010 Road Going version." The Gazoo Racing GR010 is Toyota's entry in the Hypercar class of the FIA World Endurance Championship, powered by a 3.5-liter twin-turbo V6. We're still not sure how these two vehicles could line up since the GR010 needs to be sold in at least 20 road-going versions within two years to satisfy class rules, each of which would need to use its V6 powertrain, not the 5.0-liter.  And in August, Lexus boss Koji Sato told Top Gear he's toying with a simulated manual transmission.

Toyota cuts global production in April by 17%

TOKYO — Toyota is cutting its global production target in April to 750,000 vehicles, down 150,000 from an earlier plan, the automaker said on Thursday, as a semiconductor shortage and the COVID-19 pandemic bite into its plans. The news comes about a week after Toyota said it would scale back domestic production by up to 20% during the months of April, May and June to ease the strain on suppliers battling shortages of chips and other parts. "It is still difficult to foresee the situation several months ahead, and there is a possibility the current plan will be revised downward," the company said in a statement. Average monthly global production for the period from April to June would be about 800,000, Toyota added. Its global vehicle production will be down 10% in May and 5% in June from previous estimates at the beginning of the year, said Toyota executive Kazunari Kumakura. The shortages have led the automaker to repeatedly change its production plan, frustrating suppliers and prompting President Akio Toyoda to call the interval from April through June an "intentional cooling off" period. Apart from the persistent chips shortage, Toyota faces a number of challenges. Curbs against COVID-19 forced it to suspend a joint venture with China's FAW Group in the northeastern city of Changchun. The automaker also cited logistical hurdles for suspension at a plant in Russia amid political uncertainty sparked by the Ukraine invasion, which Russia calls a special operation. These factors were not reflected in the April-June global production plan, Kumakura said, adding that while Toyota had not yet suffered specific impacts from the Ukraine crisis, it would look into short- and long-term risks. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Plants/Manufacturing Lexus Toyota coronavirus chip shortage