Lexus LS 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. The original LS 400 debuted to strong sales, and was largely responsible for the successful launch of the Lexus marque. Since the start of production, each generation of the Lexus LS has been manufactured in the Japanese city of Tahara, Aichi. The LS name stands for "Luxury Sedan". Some Lexus importers used the backronymic name, "Luxury Saloon". In August 1983, Toyota chairman Eiji
Toyota Hilux market until 1972, allowing the Datsun Truck to maintain a strong market presence. The Hilux was offered as a replacement to the Toyota Crown, Toyota Corona, and Toyota Corona Mark II based pickup trucks in Japan, as the Crown, Corona, and Corona Mark II were repositioned as passenger sedans. In spite of the name "Hilux", it was a luxury vehicle only when compared to the Stout. The Hilux was engineered and assembled by Hino Motors to replace the earlier vehicle that the Hilux was derived from, called the Briska in the niche beneath the larger and older Stout – it