From SpeedTV.com:
Lexus is set to rev up its image in 2007 by setting up a performance off-shoot division modeled on BMW’s revered M-division and Mercedes-Benz’s AMG skunk works. To be made official at the Detroit motor show in January, it plans to turn out performance-orientated versions of each Lexus model, including its hybrid offerings.
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http://www.speedtv.com/articles/automotive/automotiveindustry/34309/