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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.
The 20-year deal was worth $95 million; $4.75 million per year. It was the 10th most expensive naming deal for an NBA facility. [18] The arena is home to the Houston Rockets of the National Basketball Association and was the first time a sports facility in Houston was sponsored by an international company. [19]
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 ...
2015 Lexus GS 200t/GS 250/GS 350/GS 350 AWD/GS 450h/GS F; LS: full-size RWD/AWD. 1990 Lexus LS 400; 2001 Lexus LS 430; 2007 Lexus LS 460/LS 460 L; 2008 Lexus LS 600h/LS 600h L; 2009 Lexus LS 460/LS 460 AWD/LS 460 L/LS 460 L AWD; 2010 Lexus LS 460 SZ/Sport; 2013 Lexus LS 460/LS 460 AWD/LS 460 L/LS 460 L AWD/LS 600h L; 2017 Lexus LS 350/LS 500/LS ...
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In December 2021, Toyota announced in Tokyo plans for 30 battery-electric models by 2030, to sell 3.5 million BEVs per year by that date, and that its premium-brand Lexus will be 100% battery-operated by 2030 in North America, Europe, and China. The company announced investments of $70 billion into the company's electrification. [184]
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 ...