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In its largest market, the U.S., the Lexus LS was the top-selling flagship luxury sedan for 15 of the first 17 years following its debut. [124] [183] In Japan, the next-largest market for the Lexus LS, the introduction of the 2007 LS 460 attracted 12,000 pre-orders, [102] and the Lexus LS has gone on to sell successfully in its class. [184]
CarGurus was privately owned until its $150 million IPO on 12 October 2017; [9] its board of directors includes Steve Kaufer, co-founder and CEO of TripAdvisor; Greg Schwartz, President Media and Marketplace of Zillow; and Steve Conine, Co-founder of Wayfair. In 2018, CarGurus purchased the UK website and forum PistonHeads for an undisclosed ...
The Lexus brand was created around the same time as Japanese rivals Nissan and Honda developed their Infiniti and Acura premium brands. The Japanese government imposed voluntary export restraints for the U.S. market, so it was more profitable for Japanese automakers to export more expensive cars to the U.S.
The GS 450h's Lexus Hybrid Drive system was the recipient of the annual Paul Pietsch Prize for Advanced Technology in 2007, awarded by technical editors of Auto Motor Und Sport publications. [113] The Lexus GS 450h was named the winner of the 2007 IF product design award from the International Forum Design group in Hannover, Germany. [114]
The Lexus IS F features an 8-speed Sport Direct Shift (SPDS) automatic transmission with sequential shift which can lock-up the torque converter from 2nd through 8th gears (see also: Lexus IS transmission specifications). The SPDS is derived from the unit introduced in the 2007 Lexus LS, which was the first vehicle to carry an 8-speed ...
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