Is Toyota owned by Lexus?
No, Toyota does not own Lexus. Lexus is a luxury vehicle division of Toyota Motor Corporation, but it is not owned by Toyota. Lexus was established as a separate luxury brand by Toyota in 1989 to compete with other premium automotive brands.
Understanding the Relationship Between Toyota and Lexus
Toyota Motor Corporation is a Japanese multinational automotive manufacturer that produces a wide range of vehicles, including sedans, SUVs, trucks, and hybrids. Lexus, on the other hand, is Toyota's luxury vehicle division, focused on producing high-end, premium automobiles.
While Lexus is a wholly-owned subsidiary of Toyota, it operates as a separate brand with its own design, engineering, and marketing teams. Lexus vehicles are typically more expensive, feature more advanced technology and luxury amenities, and are positioned to compete with other premium brands like Mercedes-Benz, BMW, and Audi.
The History of Lexus
Lexus was launched in 1989 as Toyota's luxury vehicle division, with the goal of creating a new brand that could compete with established premium automakers in the United States market. The first Lexus model, the LS 400 sedan, was designed to offer a level of quality, refinement, and customer service that rivaled the best luxury cars available at the time.
Since its inception, Lexus has expanded its lineup to include a variety of SUVs, crossovers, and sports cars, all while maintaining a focus on delivering a premium driving experience and exceptional customer service. Today, Lexus is one of the top-selling luxury automotive brands in the world, with a strong presence in markets around the globe.
Key Differences Between Toyota and Lexus
- Pricing and Positioning: Lexus vehicles are typically more expensive than their Toyota counterparts, with a focus on luxury, performance, and advanced features.
- Design and Engineering: Lexus models are designed and engineered with a greater emphasis on premium materials, craftsmanship, and attention to detail.
- Customer Service: Lexus dealers are known for providing a higher level of personalized customer service and support, with a focus on the overall ownership experience.
- Brand Identity: Lexus has a distinct brand identity and marketing strategy, separate from Toyota, that emphasizes its luxury positioning and appeal to a more affluent customer base.
While Toyota and Lexus are closely related, they are distinct automotive brands with their own unique identities, product offerings, and target markets. Lexus is a separate division of Toyota, but it is not owned by Toyota in the traditional sense.
What is the most reliable car brand?
Consumer Reports: Subaru, Lexus Make the Most Reliable Cars. Toyota lost the top spot in Consumer Reports' list of the most reliable car brands in 2024. Subaru knocked off the usual leader, with Toyota's Lexus luxury brand taking second and Toyota's mainstream offerings in third.
Can I put regular gas in a Lexus?
But, does Lexus require premium gas? If you want to continue to enjoy the outstanding power and high-level efficiency offered in new Lexus models, you'll want to utilize the recommended Lexus gas type. Some Lexus vehicles will require premium 91-octane fuel while others can use regular 87-octane fuel.
Are Toyota and Lexus the same company?
Is Lexus owned by Toyota? Yup! Lexus is owned by the Toyota Motor Corporation and is headquartered in Japan alongside Toyota. Lexus models were primarily built in Japan until 2003, when the Lexus RX 330 was built in Ontario.
What is more reliable, Toyota or Lexus?
Since day one, Toyota has put a lot of effort into developing robust manufacturing processes that make its cars reliable and durable, and because Lexus uses the same factories, they're just as reliable. Toyota and Lexus both significantly changed their warranties in 2021.
Is a Lexus just a fancy Toyota?
Lexus vehicles are the Toyota luxury brand – the same parent company owns the two automakers, and Toyota and Lexus vehicles share some components. The Lexus manufacturer is based in Japan, though their largest target market is the U.S.
Does Toyota own 100% of Lexus?
Toyota does own the Lexus lineup of Lexus car models and SUVs, but the two brands operate independently with headquarters in separate cities.
Is Lexus better than BMW?
BMW vs.
Not only is Lexus a more dependable brand, but its average annual maintenance costs are also lower than BMW's. On average, Lexus owners report spending approximately $550 per year on maintenance. Comparatively, BMW owners report spending an average of $1,000 to $1,700 per year to maintain their vehicle.
Which car is better, Lexus or Toyota?
Consumer Reports speaks highly of both brands. However, Lexus is top ranked of all brands in the 2023 JD Power Vehicle Dependability Study. Kelley Blue Book has awarded Lexus with the 2022 Most Trusted Luxury Brand and 2023 Best Luxury Brand for resale values.
Are Toyota and Lexus the same engine?
What's the Difference Between a Toyota and Lexus Engine? Similar to how Toyota and Lexus share the same parent company, both manufacturers often share the same engine type in their vehicles. Although Lexus vehicles' interiors and exteriors differ from Toyotas', they almost always have a Toyota engine under the hood.
Do Lexus last as long as Toyota?
Toyota reliability. Since day one, Toyota has put a lot of effort into developing robust manufacturing processes that make its cars reliable and durable, and because Lexus uses the same factories, they're just as reliable. Toyota and Lexus both significantly changed their warranties in 2021.
