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 established in 1946 is called "Toyota Store" (トヨタ店 "Toyota Mise") and offers large luxury sedans such as the Toyota Century and the Toyota Crown. In 1955, the "Toyopet Store" (トヨペット店 "Toyopetto-ten") arrived, originally established to sell the Toyota Corona and the Toyopet ToyoAce truck, and currently features mid-range models. ( in Japanese.) The "Toyota Publica Store" (トヨタパブリカ店 "Toyota Paburika-ten") was established in 1961 to sell the Toyota Publica. In 1966 it was renamed the "Toyota Corolla Store" (トヨタカローラ店 "Toyota Karōra-ten") to sell the Toyota Corolla. The dealership chain focuses on budget models. The "Toyota Auto Store" (トヨタオート店 "Toyota Ōto-ten") sales