Companies / Malaysia
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Malaysian Luxury Market Hots Up
December 2006 | Product LaunchSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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Toyota's Malaysian representative UMW Toyota Motor will launch two new Lexus models as the company takes advantage of the country's growing luxury segment. The LS460L and GS300 are available for pre-order and will be launched from UMW Toyota's new MYR35mn 3S (sales, service and spare parts) facility in Mutiara Damansara in January. The company aims to sell 150 units during 2007, boosted by an advertising drive. This would give the Japanese brand a 2% share of the average luxury market of 7,000 units per