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Lexus parts prices cut in China amidst antitrust fears

It's been a topsy-turvy summer for foreign businesses in China ever since that country's National Development and Reform Commission and State Administration for Industry & Commerce launched a horde of investigations into anti-monopoly practices. When the law outlining monopolistic behavior was passed in 2008 foreign companies appreciated it, expecting it to illuminate some of the more opaque corners of Chinese government enforcement. That hasn't exactly been the case, and now as more than 1,000 auto-sector firms get investigated and pay huge fines to settle the nebulous charge of having prices that are too high, that hoped-for clarity is all but gone.
A recent news report said Audi, Chrysler and Daimler "would be punished for unspecified violations" concerning the prices of spare parts. Earlier this month Toyota said that Lexus China was being looked at, and before there's been any public notification of punishment Lexus has decided to lower the price of its replacement parts. From next month, customers will save an average of 26 percent on roughly 15,000 parts. It's unknown whether the move will appease authorities enough to end the investigation, which outside analysts have said targets foreign firms in China over domestic industry.

The 2018 Lexus LC starts under $100k, but stay away from the options list

The scintillating and characterful 2018 Lexus LC coupe now has a price tag. The flagship Lexus two-door starts at $92,975 for the V8 LC 500 model with a 10-speed automatic. The hybrid V6 LC 500h will start a bit higher at $97,485. So for under $100,000, you can have one of the best-looking Lexus coupes of all time. However, that gets dangerously close to, and even exceeds, the six-figure range when adding options. Choosing the Touring Package will add $4,000 to an LC 500 and $2,400 to an LC 500h, keeping both models under a hundred grand. The Sport Package with Glass Roof will push the hybrid over the six-figure mark with a cost of $2,750. Both packages add blind spot monitoring, parking assist, heated and cooled seats, and a glass roof. The Sport Package provides Alcantara seats and a limited slip differential, while the Touring Package includes leather seats and a Mark Levinson sound system. Opt for a Sport Package with a Carbon Fiber Roof, and the price jumps significantly. It adds $7,000 to the V8 model for a price of $99,975, and $5,400 to the hybrid for a total of $102,885. For big spenders, there's the Performance Package. The big draws here are the rear steering, active rear spoiler, and variable steering ratio system. It adds $10,000 to the LC 500, and $8,790 to the LC 500h for totals of $102,975 and $106,275 respectively. Related Video:

Lexus puts that vivid yellow LC500 concept into limited production

Back in August, Lexus crafted a vibrant yellow LC Inspiration Series concept car for the Pebble Beach Concours d'Elegance, complete with a lightly customized interior and carbon detailing. For the Chicago Auto Show this year, Lexus is bringing a limited edition production version with the same recipe. The Flare Yellow cars are offered in a series of 100 units, with an inscription on the carbon fiber door sill covers marking each car as part of the limited run. The semi-aniline seats have yellow stitching, like on the concept car, and the interior also has similar yellow door inserts. However, the 21-inch wheels were dark cross-spokes on the concept, and the production Inspiration Series wears a different, split five-spoke design in the same size. But it has same carbon fiber roof and grille insert as the concept car. As for the powertrain, it remains stock with a 5.0-liter naturally aspirated V8 producing 471 horsepower and coupled to a 10-speed automatic transmission. The 0-60 time is disclosed as 4.4 seconds. Lexus prices the Inspiration Series at $106,210 without destination fees (those are $1,025 for a typical LC). The 100 cars will be made available beginning in April. A stock LC500 starts from $92,300 plus destination. Related Video: