Lexus has announced that the new 2011 LS 460 Touring Edition will carry a base price of $73,875, including the destination charge.
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According to reports, Lexus is considering building another GS hybrid, one that uses a smaller engine than the soon-to-be-current GS 450h.
Ferrari has previously announced that it is recalling some of its 458 Italia models produced between 2011 and 2012 and all California models made in 2012 due to incorrect machining to the crankshaft.
Lexus announces updates on select models for the 2014 model year.