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A car dealer orders vehicles from the manufacturer for inventory and pays interest (called flooring or floor planning). Dealer holdbacks are a system of payments made by manufacturers to their dealers. [5] The holdback payments assist the dealer's ability to stock their inventory of vehicles and improve the profitability of dealers.
A motor vehicle service or tune-up is a series of maintenance procedures carried out at a set time interval or after the vehicle has traveled a certain distance. The service intervals are specified by the vehicle manufacturer in a service schedule and some modern cars display the due date for the next service electronically on the instrument panel.
Lexus' streak of 11 consecutive years as the best-selling luxury marque in the U.S. ended that year, with the title going to BMW followed by Mercedes-Benz. [133] While 45 percent of Lexus sales in the U.S. in 2011 relied upon the RX luxury crossover SUV, rival Mercedes-Benz's best-selling offering was the E-Class mid-luxury sedan, which ...
2009 Lexus HB: hybrid sports motorbike; 2016 Lexus UX: crossover; 2017 Lexus LS+: luxury sedan; 2019 Lexus LY-650 Yacht [4] 2021 Lexus ROV Concept: side-by-side [5] 2021 Lexus Electrified Sedan: sedan [6] 2021 Lexus Electrified SUV: crossover [6] 2021 Lexus Electrified Sport: sports car [6] 2021 Lexus BEV Sport Concept: sports coupe [6] Number ...
The resulting sedan followed an extended five-year design process at a cost of over US$1 billion and premiered with a new V8 engine and numerous luxury features. The Lexus LS was intended from its inception for export markets, and the Lexus division was formed to market and service the vehicle internationally.
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The Lexus RX 400h made its U.S. sales debut in mid-2005, with over 9,000 pre-orders at launch. [40] The RX 400h's arrival in the U.S. had been delayed by several months; Lexus had announced in November 2004 that the American launch of the hybrid Lexus SUV would occur for the 2006 model year. [41]
The Lexus LX (Japanese: レクサス・LX, Hepburn: Rekusasu LX) is a full-size luxury SUV sold by Lexus, a luxury division of Toyota since January 1996, having entered manufacturing in November 1995. It is Lexus' largest and most expensive luxury SUV. Four generations have been produced, all based heavily on the long-running Toyota Land ...