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 Tercel changed to Toyota Vista Stores, as its badge engineered sibling, the Corolla II, was exclusive to Toyota Corolla Store locations. The Tercel was the first front-wheel-drive vehicle produced by Toyota, establishing a layout and frame that was later used in other popular Toyota models. For example, the Toyota Corolla E80's frame is similar to the AL20 Tercel's frame. Also, Toyota designed a new "A" engine for the Tercel, attempting simultaneously to achieve good fuel economy and performance and low emissions. Choice of body styles increased as well, with the addition of a four-door sedan. The name "Tercel" derives from the