Automobile

Lexus Joins Make-In-India Assembly Line; ES Prices Reduced By Rs 8.05 Lakh

By
OB Bureau

Toyota’s luxury arm Lexus has finally started a local assembly unit on the premises of Toyota Kirloskar Motor’s (TKM) Bidadi plant in Karnataka.

The price of the ES luxury sedan has now been reduced to Rs 51.90 lakh for the Exquisite variant, a Rs 8.05 lakh drop.

The top-spec Luxury variant which has heads-up display & 360-degree parking camera is priced at Rs 56.95 lakh.

Earlier, the ES was imported as a Completely-Built Unit (CBU), which attracts higher taxes here. Lexus will reportedly start assembling the NX SUV in the same line soon.

This had been a disadvantage for Lexus as higher import prices didn’t help it compete with German luxury cars. Lexus, in 2019, had a market share of just 1-2 per cent in the Luxury space. 

The Lexus ES is the company’s entry-level sedan and is powered by petrol-hybrid setup. It combines a 178hp, 2.5-litre petrol engine with a 120hp electric motor for a total output of 218hp. It is mated to a 6-step eCVT gearbox.

Lexus also launched the LC500h grand tourer at Rs 1.96 crore (ex-showroom). This will not be locally assembled.

OB Bureau

Recent Posts

Odisha CM Directs To Supply 3 Months’ PDS Rice To Beneficiaries In Advance

Bhubaneswar: Odisha Chief Minister on Tuesday issued direction to provide rice of three months' quota…

November 5, 2024

[Watch] Salman Khan Shoots For ‘Sikander’ In Falaknuma Palace Amid Tight Security

Mumbai: In the wake of a fresh death threat by the Lawrence Bishnoi gang, actor…

November 5, 2024

Bachchan Family Upset With Nimrat Kaur, To Take Action Against Source Of Rumour

Mumbai: Rumours about Abhishek Bachchan and Aishwarya Rai’s divorce have been doing the rounds for…

November 5, 2024

Surge In Patients With Respiratory Issues In Delhi Hospitals

New Delhi: Hospitals across Delhi are witnessing a spike in the number of patients with…

November 5, 2024

ISKCON Cancels ‘Untimely’ Rath Yatra In Houston

Bhubaneswar: Facing a strong opposition from the devotees of Lord Jagannath and Puri Gajapati Maharaja…

November 5, 2024

[Watch] Is Abhishek Bachchan’s ‘I Want To Talk’ Similar To Dad Amitabh’s ‘Piku’?

Mumbai: The trailer of the highly-anticipated Abhishek Bachchan starrer ‘I Want to Talk’ was unveiled…

November 5, 2024

One Killed, Two Injured In Mukhyamantri Bus-Bike Collision In Odisha’s Ganjam

Berhampur: One person was killed and two others were injured in a collision between a…

November 5, 2024

Raveena Tandon’s Daughter To Debut With Ajay Devgn’s Nephew

Mumbai: Bollywood actress Raveena Tandon’s beautiful daughter Rasha Thadani is all set to make her…

November 5, 2024