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 Corolla (E160) vehicle license levy. In April 2015, Toyota in Hong Kong released the facelift model with the 1.5-liter "2NR-FKE" engine in Luxury and Super Luxury trim levels. The Corolla sold in Hong Kong is made in Japan, although it does vary from the Japanese market model with minor revisions to the interior, such as the inclusion of the tachometer and automatic climate air conditioning control in the Super Luxury variant. The Japanese made Axio is sold in Sri Lanka. The wagon is also sold in New Zealand, aimed primarily at business and fleet customers. Available solely in GX trim, it includes