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The Lexus IS (Japanese: レクサス・IS, Hepburn: Rekusasu IS) is a compact executive car [1] (D-segment in Europe) sold by Lexus, a luxury division of Toyota, since 1998.. The IS was originally sold under the Toyota Altezza (Japanese: トヨタ・アルテッツァ, Hepburn: Toyota Arutettsua) nameplate in Japan from 1998 (the word Altezza is Italian for 'height' or 'highnes
Lexus implemented a staged rollout of the XE20 variants, starting with the IS 250 and IS 350 in 2005. The IS 300 and IS 220d, the latter of which marked Lexus's first diesel model, followed in 2006. In 2010, the IS 220d was replaced by the IS 200d. Lexus also produced high-performance variants of the IS under the F marque, known as the IS F.
Penske Motor Group is an El Monte, California, U.S.–based, subsidiary of Penske Corporation, managed by Gregory Penske.The group operates three automobile dealerships in California: Longo Toyota and Longo Lexus in the Greater Los Angeles Area and Lexus of Stevens Creek in the San Francisco Bay Area.
Vehicle leasing is the leasing (or the use) of a motor vehicle for a fixed period of time at an agreed amount of money for the lease. It is commonly offered by dealers as an alternative to vehicle purchase but is widely used by businesses as a method of acquiring (or having the use of) vehicles for business, without the usually needed cash outlay.
Donlen Corporation was founded in 1965 by Donald Rappeport and Leonard Vine. In September 2011 the company was acquired by Hertz Global Holdings, Inc for $250 million in cash and the assumption of $770 million in Donlen fleet debt and operated as a subsidiary of the Hertz Corporation. [2]
In 2005, Lexus also began reserving parking lots at major sporting arenas, entertainment events, and shopping malls, with the only requirement for free entry being the ownership of a Lexus vehicle. [238] An online owner publication, Lexus Magazine, [239] features automotive and lifestyle articles and is published online monthly [240] and on a ...
The Lexus UX (Japanese: レクサス・UX, Hepburn: Rekusasu UX) is a subcompact luxury crossover SUV from Lexus, a luxury division of Toyota.It was introduced at the March 2018 Geneva Motor Show as the smallest crossover model in Lexus' lineup prior to the introduction of LBX in 2023, it is currently slotted above the subcompact LBX and below the compact NX.
A finance lease (also known as a capital lease or a sales lease) is a type of lease in which a finance company is typically the legal owner of the asset for the duration of the lease, while the lessee not only has operating control over the asset but also some share of the economic risks and returns from the change in the valuation of the underlying asset.