Toyota Motor Corp.'s (7203.T) (TM.N) Lexus
luxury division said on Monday it had raised the U.S. price for
the 2001-model GS mid-luxury sedan by $1,050, to $47,355.
On a comparably-equipped basis, the increase is 0.3 percent
over the previous model, Lexus said. The price does not include a
delivery charge of $545 per car.
The 2001 model of the GS sedan will be designated the GS 430
and will replace the GS 400. It will be equipped with a new
4.3-liter, 300-horsepower V-8 engine and will have a revised
exterior and a standard side curtain supplemental restraint system
for the front-seat passengers, Lexus said.
The new engine meets the U.S. federal Ultra Low Emissions
Vehicle certification and uses no more fuel than the