The head of Lexus, the premium brand of Toyota Motor Corp, said on Sunday an emphasis on quality had kept it from manufacturing in China. Unlike German peers Audi, Volkswagen AG's luxury division and ... more 
The head of Lexus, the premium brand of Toyota Motor Corp, said on Sunday an emphasis on quality had kept it from manufacturing in China. Unlike German peers Audi, Volkswagen AG's luxury division and BMW , Lexus imports all of its vehicles sold in China, from Japan. But high tariffs charged on imported cars make it hard to generate volume and last year, Lexus sold around a seventh of Audi's tally and a fifth of what BMW sold in China. less 
1 / 31
Wochit
Sun, Apr 20, 2014 7:50 PM EDT