It is only early stages yet and details are kind of sketchy, but according to various international reports, the car - dubbed the Lexus CX - would be modelled on the current Lexus CT 200h and feature a jumped up SUV-like suspension layout.
The new model is also said to include some kind of hybrid powertrain, possibly coming from the Hybrid Camry. The Hybrid Camry's powertrain consists of a Toyota Hybrid Synergy Drive system incorporating a 2.4-litre four-cylinder petrol engine combined with an electric motor to provide an overall output of 110kW and 187Nm.
Reports suggest the first model to be introduced will be called the Lexus CX 300h, which will kick off the range in hybrid-only form. The CX is expected to sell in decent numbers, especially in the US where the small luxury SUV market is growing at a steady rate.
The Lexus CX would compete in the same market as the Audi Q3 and BMW X1/X3 and the Volvo XC60. We'll be sure to keep you updated on any concrete details.