Is Lexus a Joint Venture Car?
2 Answers
Lexus is not a joint venture car. Lexus is a premium brand under Japan's Toyota and is currently not domestically produced. Company Profile: Lexus was established in 1983 and is a globally renowned luxury car brand under the Toyota Group of Japan. Since 1999, the Lexus brand has topped the U.S. luxury car sales for 11 consecutive years. Car Logo: The logo features the letter 'L' surrounded by an ellipse. According to the official statement from Toyota Motor Sales, U.S.A., Inc., the curvature of this ellipse was refined based on precise mathematical formulas, involving more than three design and advertising firms and taking half a year to complete.
As an automotive repair technician, I often encounter clients asking about this. Lexus is definitely not a joint-venture car; it is a luxury brand under Toyota, and currently, all its models in China are essentially imported as complete units, such as those shipped from factories in Japan or North America. Joint-venture cars are those produced through collaboration between Chinese and foreign companies, like FAW-Volkswagen or SAIC-GM, whereas Lexus does not have any joint-venture factories in China—the vehicles are imported directly. This brings some pros and cons: imported cars offer higher quality stability and more authentic design, but they are significantly more expensive due to tariffs and shipping costs. If your budget allows, Lexus is worth considering, as it is also more hassle-free in terms of maintenance and repairs—I’ve worked on many, and their durability is truly top-notch. However, if you’re looking for something more economical, consider joint-venture brands like GAC Toyota or Dongfeng Honda.