Lexus keen to develop small SUV: report

Lexus is reportedly keen to enter the luxury compact SUV market, currently occupied by the likes of the Audi Q3, BMW X3, Range Rover Evoque and the Mercedes-Benz GLK.
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Lexus Europe vice president Andy Pfeiffenberger told UK publication AutoExpress: “We have been very slow to come to the market with a downsize SUV. This is an area of our range that you will see develop over the next few years.”

A hybrid system is believed to be the most likely powertrain for the new sub-RX Lexus SUV, which would be priced from around 30,000 euros ($38,000).

The news follows confirmation from the Japanese luxury car maker that it will unveil the 2013 Lexus ES compact sedan at next week's New York auto show.