Toyota (TM +0.3%) expects to sell 500K Lexus vehicles globally in 2013, a 5% jump from last...

|About: Toyota Motor Corporation (TM)|By:, SA News Editor

Toyota (TM +0.3%) expects to sell 500K Lexus vehicles globally in 2013, a 5% jump from last year's level. Last year, the luxury brand soared past BMW and Mercedes-Benz to retake the top spot in the U.S. luxury car segment, but new entries this year could pose a challenge.