Is Lexus Fully Owned by Toyota? Understanding the Ownership

Discover if Toyota owns Lexus and learn about the luxury division's origin and quality engineering.

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Yes, Toyota fully owns Lexus. Founded by Toyota in 1989, Lexus serves as the company’s luxury vehicle division. This ownership allows Toyota to utilize its engineering expertise and manufacturing practices to produce high-quality, reliable luxury cars under the Lexus brand.

FAQs & Answers

  1. When was Lexus founded? Lexus was founded in 1989 as Toyota's luxury vehicle division.
  2. What types of vehicles does Lexus produce? Lexus produces a range of luxury vehicles, including sedans, SUVs, and hybrids.
  3. How does Toyota's ownership benefit Lexus? Toyota's ownership allows Lexus to leverage Toyota's engineering expertise and manufacturing practices.
  4. Is Lexus the only luxury brand owned by Toyota? No, Toyota also owns other luxury brands, but Lexus is the most prominent.