AUTO INDUSTRY NEWS

Report: Lexus LFA successor put on hold

Report: Lexus LFA successor put on hold image

Text: Marcus De Guzman / Photos: Lexus Press | posted February 10, 2015 12:25

The company is focused on their F and F Sport variants

Plans on making a successor to the Lexus LFA were put on hold as the company is focusing on Lexus F and F Sport models in order to improve its performance credibility.

In an interview with Automotive News, Executive Vice President of Lexus International Mark Templin said that besides the company's focus on new variants, the high price tag of the LFA was something the company had a hard time dealing with.

"I think you will see us do some incredible things in the future, but probably not a $375,000 (about PHP 16.6 million) supercar anytime soon,” said Templin.

But Templin did assure that the company may release a halo namplete in the future though no exact date on when it will be revealed by the Japanese automaker. Templin added that the LFA was not supposed to be that expensive but the company decided to make some changes during mid-development.

“When we started the LFA project, it wasn't as expensive a car as it turned out to be. It was a coupe for our people to move up in the family. We started developing it, and it got better and better. We switched from steel to aluminum to carbon fiber. Everything kept changing. It became this real supercar.” said Templin.

In review, the Lexus LFA was the company's entry in the supercar segment. It is fitted with a 4.8-liter V10 that cranks out 560 PS at 8700 rpm and 480 Nm of torque at 6800 rpm. Only 500 were made and before even Lexus began production back in 2010, all 500 units were already sold to their respective owners.

 

Source: Automotive News