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
Luxury vehicle vehicles and also taking advantage of moving production to emerging countries of their low-end cars while manufacturing mid-range and high-end models domestically. Attempts are being made to develop luxury cars, but the manufacturers lack a legacy. In 2014, Citroën introduced DS Automobiles, a separate brand to embody "French luxury" in cars. Italy focused on high end sports cars in the luxury market, such as the Ferrari and Maserati. Since the 1980s, a host of new manufacturers have entered the luxury market to challenge the traditional players. The three major Japanese auto manufacturers, Honda, Toyota, and Nissan, created their respective luxury