Development of the Lexus LC F sportscar has reportedly been suspended, according to Japanese website Car Sensor.
On June 22, Toyota announced it would be gradually slowing its Japanese assembly lines, blaming COVID-19 for shrinking sales and dwindling factory output.
Given the Lexus LC F would be a premium, niche product, it's believed slowing demand in that market segment was a key factor in the project being paused.
At this stage it has not been confirmed whether the Lexus LC F program has been cancelled or temporarily suspended.
Considering how close the LC F was to production – as well as the time and money already invested in the performance flagship model – it would be a bold decision to have scrapped the car altogether.
New twin-turbo V8 powers on
It's understood development of the new 4.0-litre twin-turbo V8 that was to have powered the LC F will continue as planned.
The new engine will be offered in a number of guises in the following years – including within the Toyota range globally.
A facelift update of the Lexus LC500 coupe and convertible, due in 2021, will also have a low-power version of the V8 engine seen in the LC F prototype.