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 the marque's showcases for the newest automotive technology. Several nameplates also offer long-wheelbase versions that offer additional rear legroom and amenities. Full-size luxury cars sold in Canada and the U.S. typically have mid-displacement V8 engines, though recently some marques have offered six cylinder powerplants but without much success. Vehicles in this category include some of the models from the flagship lines of luxury car brands. In China: Hongqi L5, Emgrand GE, and Hongqi HQE. In Europe, this includes the Audi A8, BMW 7 Series, Porsche Panamera, Volkswagen Phaeton, Maserati Quattroporte, Mercedes-Benz S-Class, and the Jaguar XJ. In Japan: Honda Legend,