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Lexus confirms plans for baby IS

By Ben Pulman Motor Industry 22 October 2008 14:15 Lexus has officially confirmed it will build a BMW 1-series rival. Speaking to the German media, European company MD Tadashi Arashima told reporters: 'We will offer a Lexus in the compact class'. He explained that Lexus needed 'smaller and more efficient vehicles' in the face of European CO2 regulations.

Toyota increases U.S. prices an average of 1.7 percent on most models

Toyota Motor Sales U.S.A. Inc., coping with a rising yen and an earthquake-shattered supply chain, announced price increases today that average 1.7 percent for many 2011 Toyota, Scion and Lexus models. The increases range from $65 for the small imported Scion xD, to $900 for two of its larger vehicles, the Toyota Land Cruiser and Sequoia SUVs, as well as several Lexus models.

Maserati Kubang (2011) at Frankfurt motor show

Yes, yes - CAR Online got a bit excited last week and thought it had scooped the new Maserati SUV when it hadn't. But this one is real: Maser showed the new Kubang concept in the metal at the 2011 Frankfurt motor show. If that badge sounds familiar, that's because Maserati showed a concept car bearing the same name at the Detroit auto show 2003.