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Lexus RZ electric SUV will be shown (with a yoke) on 4/20

Lexus will reveal its production RZ electric SUV on April 20, the company announced Tuesday, steering well clear of April Fool's Day with a teaser package that would be right at home in Elon Musk's Twitter feed. And yes, there's a yoke. If it weren't for the fact that we already knew about the Lexus RZ, coupled with confirmation from Toyota that the bZ4X's yoke is the real deal, we'd be highly suspicious of this early-April announcement from a traditionally conservative manufacturer. Welcome to 2022, when none of that really seems to matter anymore.  We already suspected that the RZ was based on Toyota's bZ4X, so the indication of an available yoke is not that surprising, really.  In the Toyota, it's paired to a variable-ratio, steer-by-wire system. Toyota says it also improves steering feel and ensures road and tire vibrations don't make their way to the driver. The latter seems obvious since there's no physical connection between the wheel and road, but whether that makes for an "improvement" in steering feel is not something with which we're inclined to automatically agree.  Lexus offered no further info apart from the reveal date and time (6 a.m. EDT April 20) and these new teaser photos. The psychedelic lighting job on the car seems a bit on-the-nose for something debuting on 4/20, but again, this isn't a Tesla, so clearly somebody just thought it would look cool. Fortunately, we have the bZ4X's spec sheet to go on. The 4,232-pound Toyota is powered by a single electric motor with 201 horsepower or a dual-motor setup with 214 horses (107 per motor). Clearly, getting all-wheel drive into the equation mattered more than performance, as Toyota says it'll still take 7.7 seconds for the bZ4X to hit 60.  Regardless of motor count, the bZ4X gets a 71.4-kilowatt-hour lithium-ion battery pack said to deliver about 310 miles of maximum driving range in the front-wheel-drive model and 285 miles in the all-wheel-drive version based on the Japanese testing cycle. It's not outrageous to think the RZ might get a more potent powertrain, but we'll just have to wait and see what Lexus has in store.  Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.  

Lexus will build a production version of the UX crossover

It seems that Lexus's selection of crossovers is about to get bigger by going smaller. The Australian automotive news site Motoring says a Lexus representative confirmed that a production version of the UX concept is coming soon. A Lexus representative said it will help bring younger customers to the brand. As a refresher, the UX was a subcompact crossover shown at the Paris auto show, and it was quite striking. The exterior was a flurry of curves and angles, and the interior had crazy seats with elastic straps instead of cushions and a holographic user interface. The interior even had a weird, finned sound bar in the dash that could be removed and carried around. The futuristic interior features are practically guaranteed to be exclusive to the concept, and the exterior design will probably be toned down. Since the slightly larger Lexus NX borrows some bits from the RAV4, we expect the UX to utilize some underpinnings from another the smallest crossover in the Toyota line, the Toyota C-HR. Sharing with the C-HR would also mean the UX would also have some commonality with the current Prius, as both vehicles use the scalable architecture known as TNGA. This would also mean a hybrid UX is a strong possibility as well, since the Prius is only available as a hybrid, and the C-HR has a hybrid option in Europe and Japan. It's hard to say when the car will arrive, but considering the compact crossover craze we can't imagine that Lexus wants to wait too long. It's possible a near production-ready concept will appear at a show next year, and would likely reach dealers at the end of that year or the start of the following one. Related Video: Featured Gallery Lexus UX Concept: Paris 2016 View 17 Photos News Source: MotoringImage Credit: Drew Phillips Lexus Crossover Luxury toyota c-hr lexus ux

The next steps automakers could take after sales drop again in April

DETROIT (Reuters) - Major automakers on Tuesday posted declines in U.S. new vehicle sales for April in a sign the long boom cycle that lifted the American auto industry to record sales last year is losing steam, sending carmaker stocks down. The drop in sales versus April 2016 came on the heels of a disappointing March, which automakers had shrugged off as just a bad month. But two straight weak months has heightened Wall Street worries the cyclical industry is on a downward swing after a nearly uninterrupted boom since the Great Recession's end in 2010. Auto sales were a drag on U.S. first-quarter gross domestic product, with the economy growing at an annual rate of just 0.7 percent according to an advance estimate published by the Commerce Department last Friday. Excluding the auto sector the GDP growth rate would have been 1.2 percent. Industry consultant Autodata put the industry's seasonally adjusted annualized rate of sales at 16.88 million units for April, below the average of 17.2 million units predicted by analysts polled by Reuters. General Motors Co shares fell 2.9 percent while Ford Motor Co slid 4.3 percent and Fiat Chrysler Automobiles NV's U.S.-traded shares tumbled 4.2 percent. The U.S. auto industry faces multiple challenges. Sales are slipping and vehicle inventory levels have risen even as carmakers have hiked discounts to lure customers. A flood of used vehicles from the boom cycle are increasingly competing with new cars. The question for automakers: How much and for how long to curtail production this summer, which will result in worker layoffs? To bring down stocks of unsold vehicles, the Detroit automakers need to cut production, and offer more discounts without creating "an incentives war," said Mark Wakefield, head of the North American automotive practice for AlixPartners in Southfield, Michigan. "We see multiple weeks (of production) being taken out on the car side," he said, "and some softness on the truck side." Rival automakers will be watching each other to see if one is cutting prices to gain market share from another, he said, instead of just clearing inventory. INVESTORS DIGEST BAD NEWS Just last week GM reported a record first-quarter profit, but that had almost zero impact on the automaker's stock. The iconic carmaker, whose own interest was once conflated with that of America's, has slipped behind luxury carmaker Tesla Inc in terms of valuation.