logo
Please, No: The Lexus LC500 and Its V8 Might Not Have Much Time Left

Please, No: The Lexus LC500 and Its V8 Might Not Have Much Time Left

The Drive24-06-2025
The latest car news, reviews, and features.
I don't know of a car that's more universally loved than the Lexus LC500. It's drop-dead gorgeous, it drives great, and its 5.0-liter V8 sounds even better. Sure, it's kind of old at this point, but that doesn't mean it needs to die. Japanese outlet Creative Trend reports that's about to happen, though, and as a praying man, I'm asking that it might stick around a while longer.
Creative Trend claims that the LC500 will bow out after the 2026 model year, joining the similarly V8-powered IS500. The two-door is only getting a small list of updates before it supposedly goes away, though a limited run of 200 Pinnacle Edition cars is said to be in the works. These special LC500s will be sold to customers who enter and win a lottery pick, with 50 convertibles and 50 coupes going to two groups: Lexus Owners and General.
Deliveries of the LC500 Pinnacle Edition will allegedly start at the end of 2025 for current Lexus owners and early 2026 for members of the general public. Creative Trend writes that all coupes will be painted matte silver while the convertibles are going to be coated in Neutrino gray, which we saw just recently on the IS500 Climax Edition. (Yes, that's really what it's called.) Other upgrades include the Mark Levison premium audio setup, 21-inch forged aluminum wheels, a carbon fiber scuff plate, and a carbon fiber rear spoiler, among others.
I've reached out to Lexus for comment on whether or not this might actually be the LC500's last dance. I'll be sure to update this story with the company's response if it provides one. The LC500's updated interior is sweet and comes with some neat color combos. Caleb Jacobs
I tested an LC500 convertible just a while back after trying to get behind the wheel of one for literal years. It was everything I'd hoped for and more. The review isn't out just yet—gotta get on that—but I can tell you that the car world is a better place with the LC500 in it. I'm genuinely wishing for it to stay put, but only if it can remain in its current V8 form. There's no point in watering it down with anything less than that grunting, naturally aspirated lump that makes you smile with every shift. And before you ask, no, I don't acknowledge the existence of the V6 hybrid LC500h.
Got a tip or question for the author? Contact them directly: caleb@thedrive.com
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Zeekr Boosts Margins, Slashes Losses As New Models Power Sales
Zeekr Boosts Margins, Slashes Losses As New Models Power Sales

Yahoo

time6 hours ago

  • Yahoo

Zeekr Boosts Margins, Slashes Losses As New Models Power Sales

ZEEKR Intelligent Technology (NYSE:ZK), a premium electric vehicle (EV) unit of Geely Auto, reported fiscal second-quarter results on Thursday. The company reported quarterly revenue of 27.43 billion Chinese yuan, representing a decrease of 0.9% year-on-year (Y/Y). In U.S. dollars, revenue totaled $3.83 billion. The revenue grew by 24.6% quarter-on-quarter (Q/Q).Total vehicle deliveries were 130,866 units for the quarter, representing a 9.3% Y/Y increase and a 14.8% Q/Q increase. The Zeekr brand delivered 49,337 vehicles. Meanwhile, the Lynk & Co brand delivered 81,529 vehicles, with 58.8% of deliveries coming from NEV models. The premium electric vehicle company's adjusted net loss per ADS was 1.42 Chinese yuan. In U.S. dollar terms, the company reported adjusted net loss per ADS of 20 cents. Vehicle sales revenue were 22.92 billion Chinese yuan ($3.2 billion) for the quarter, representing an increase of 2.2% Y/Y driven by higher sales volume of the Lynk & Co brand, partially offset by lower sales volume of the Zeekr brand. The revenue grew by 20.0% Q/Q, mainly driven by sales growth resulting from the launch of new models. View more earnings on ZK The vehicle margin was 17.3%, up from 11.5% in the prior year quarter, driven by sustained cost-saving initiatives. The prior quarter margin was 16.5%. Revenues from other sales and services declined 13.8% Y/Y to $630 million for the quarter, due to a decrease in R&D revenue from related parties. The revenue grew by 54.5% Q/Q due to the increased overseas sales of battery packs and electric drives. The gross margin expanded to 20.6% for the quarter from 18.0% a year ago. The prior quarter margin was 19.1%. Adjusted net loss was $51 million for the quarter, down by 81.2% Y/Y. The loss declined by 38.8% Q/Q. As of June 30, 2025, cash and cash equivalents and restricted cash stood at 10.21 billion Chinese yuan ($1.43 billion). Zeekr stock gained 4.4% year-to-date signifying intense electric vehicle competition from the likes of Tesla (NASDAQ:TSLA), Nio (NYSE:NIO). Price Action: ZK shares are trading higher 1.21% to $29.99 premarket at last check Thursday. Photo by aapsky via Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Zeekr Boosts Margins, Slashes Losses As New Models Power Sales originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

VinFast founder to inject another $1.5 billion in exchange for R&D assets
VinFast founder to inject another $1.5 billion in exchange for R&D assets

Yahoo

time7 hours ago

  • Yahoo

VinFast founder to inject another $1.5 billion in exchange for R&D assets

(Reuters) -VinFast's founder Pham Nhat Vuong has agreed to buy the EV maker's research and development arm for $1.52 billion, his latest cash injection into the loss-making Vietnamese company as it strives to break even by the end of 2026. The deal will involve Novatech Research and Development JSC, a Vietnam-incorporated entity, being carved out of VinFast Trading and Production JSC (VFTP), its domestic manufacturing arm, VinFast said in a filing to the U.S. Securities and Exchange Commission. Novatech will hold investment costs tied to completed R&D projects, while VFTP will continue to lead EV production and future research in Vietnam. VinFast, which debuted on the Nasdaq in 2023, has faced challenges including weak consumer demand and stiff competition. It made a net loss of $712.4 million for the first quarter, although revenue jumped 150% to $656.5 million. VinFast's shares were up 1.4% to $3.59 in pre-market trade. Since its launch in 2017, the company has relied heavily on support from Vuong, who holds about 98% of shares in VinFast and its parent company Vingroup, where he serves as chairman. The transfer of shares in Novatech to Vuong, valued at nearly 40 trillion dong ($1.52 billion), comprises a fair value assessment of 17.25 trillion dong plus a premium. Intellectual property linked to Novatech's assets will be leased back to VinFast for manufacturing purposes as needed. VinFast has said it has completed the development of its first generation of EVs. Research and development costs were $81.2 million in the first quarter of 2025, down 22.3% year-on-year. The EV maker has set a delivery target of 200,000 cars for 2025, more than double its deliveries in 2024. Most of VinFast's deliveries are in the Vietnamese market. ($1 = 26,230.0000 dong) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

VinFast to Spin Off R&D Assets in $1.5 Billion Deal With Founder
VinFast to Spin Off R&D Assets in $1.5 Billion Deal With Founder

Bloomberg

time8 hours ago

  • Bloomberg

VinFast to Spin Off R&D Assets in $1.5 Billion Deal With Founder

Vietnamese electric vehicle maker VinFast Auto Ltd. announced plans to spin off part of its research and development unit into a newly formed company, which will then be sold to the automaker's founder in a deal worth about $1.5 billion, according to a filing. The newly-formed company, Novatech Research and Development SJC, will be carved out from VinFast Trading and Production JSC, or VFTP, and will initially remain a direct subsidiary of VinFast, according to the statement. VinFast will own about 38% stake in Novatech, it added.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store