The conversation between human and AI assistant.
What is the relationship between Toyota and Lexus, Nissan and Infiniti, Mercedes-Benz and Maybach? Do we have anything else like them?
That's interesting. Is there a reason why car companies have luxury brands under their parent company?
One reason is that it allows the parent company to diversify and expand their market. By offering both affordable and luxury options, they can appeal to a wider range of customers. It also helps to create a premium image for the parent company, even if they are known for their more practical cars.