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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.

Cleanliness of Toyota Mirai fuel cell exhaust depends on air quality

Is the water vapor coming out of Toyota's first production fuel-cell vehicle drinkable? If you're driving through the Sierra Nevadas? Probably. Cruising through Beijing? Not so much. Toyota executive Seiji Mizuno discussed whether the water vapor emitted from the Toyota Mirai is safe enough to drink and, according to Automotive News, the short answer is "yes," since the slightly-acidic vapor has "fewer organic impurities" than milk. The catch, though, is that the vapor immediately gets mixed with the surrounding air. That means that there's always the chance that something funky gets mixed in with the air intake, especially if the Mirai's driving through a smog-infested city. That makes the idea of swigging off the tailpipe a slightly riskier venture, so it's best to keep that reusable bottle full of tap water handy. Toyota, which recently showed the Mirai off at the Los Angeles Auto Show, confirmed earlier this month that the Mirai would start sales in California in 2015 with lease rates starting at $499 a month. While the model's MSRP will be $57,500, federal and state incentives could bring that number to less than $45,000. Fewer than 200 Mirai vehicles will be available in the US by the end of next year.

Sales incentive growth clustered around brands with few CUVs, trucks

While it's arguably been around the longest, the dominance of the four-door sedan has been under threat for many years. As a further sign of the hurtin' that SUVs and crossovers have put on today's four-doors, a new report from Automotive News points to the increasing use of incentives by brands reliant on cars and light on CUVs and pickups.
Honda, Toyota, Volkswagen and Kia have all been stung by double-digit increases in their incentives-to-transaction price ratio, according to AN, which cites data from TrueCar. Honda's ratio is up 14 percent, while Toyota, VW and Kia are up 18, 15 and 19 percent, respectively.
"Most of the incentive growth we have seen is in product segments with low demand - midsized or large sedans," TrueCar CEO John Krafcik told AN. "As this trend goes on, the brands with three-sedan strategies are going to be in worse shape on incentive spending than the crossover brands."