Connect with us
LIVE

Business

Introducing Century, Toyota’s new car brand that will offer even more luxury than Lexus

Published

on

Toyota will attempt to reshape the global luxury car market by transforming Century from a revered Japanese car into a standalone brand positioned above Lexus, with ambitions to rival Rolls-Royce and Bentley on the world stage. Carscoops reports Toyota announced the decision during a panel discussion ahead of the Japan Mobility Show, which opens to the public on October 31 in Tokyo.

Chairman Akio Toyoda explained the rationale behind the move, saying “when we go higher-end, we need something above, not Lexus, nor Toyota.”

“And we have the Century,” he said. “That is the position of the Century.”​

First introduced in 1967 to commemorate the 100th anniversary of Toyota founder Sakichi Toyoda’s birth, the Century has been the automaker’s flagship car for nearly six decades. But the model was traditionally reserved for Japan’s political elite, business leaders, and members of the Imperial House of Japan, blending low-key luxury with Toyota’s reputation for meticulous craftsmanship. Unlike typical luxury vehicles that signal wealth, Century is often marketed as a symbol of achievement through “persistent work, the kind that is done in a plain but formal suit,” as one old Toyota brochure put it.​

Toyota’s decision to elevate Century from a luxury car to a new brand altogether comes as the company seeks to clarify its luxury hierarchy and give Lexus greater creative freedom. Simon Humphreys, Toyota’s chief branding officer, told Carscoops the separation will allow Lexus to operate with more autonomy. “In a sense, Lexus will be freer to act,” Humphreys explained. “Lexus should continue to take on challenges as a pioneer. Century will take on the high-end market as the top of the top, one of one.”​

Century’s new brand identity will be showcased through the One of One concept, a coupe that looks like if a Rolls Royce had a baby with an SUV. While the driver’s side door opens normally, the front passenger seat has sliding doors that open forward and backward, offering a wide opening—and since the passenger seat is actually situated a bit further back in the car, you get exceptional legroom if you’re riding shotgun. And unlike traditional luxury coupes, the One of One has no rear window and rides high on large wheels, giving it a muscular, but still modern appearance.

​Limited production

Currently, there are two cars sold in Japan that offer the Century branding: a sedan with a 5.0-liter V8 hybrid system, and an SUV powered by a 3.5-liter V6 plug-in hybrid. The sedan, which underwent its most recent redesign in 2018, starts at approximately $180,000, while the SUV begins around $170,000. Toyota produces just 50 sedan units each month and 30 SUV units, maintaining exclusivity through limited production.​

The brand will expand globally, but slowly and cautiously. Century SUVs launched in China last October, with approximately 40 units sold through Lexus dealerships. The UAE is expected to receive its first shipments in 2026, also through the Lexus network. Toyota has not announced plans to bring Century to the United States, though the brand is “studying” international opportunities.​ Generally though, Forbes reports each Lexus dealership offering Century will employ a “Century Meister,” a dedicated specialist trained to provide personalized presentations and service.​

Toyota’s new brand structure can be compared to Japanese watchmaking, where Seiko, Grand Seiko, and Credor serve different market segments under the same parent company. Whether Century can compete with European ultra-luxury cars remains to be seen, but Toyota is betting its heritage of Japanese craftsmanship and reliability will resonate with buyers.​

You can get a sneak peek of Toyota’s One of One concept for the new Century brand below:

Advertisement

For this story, Fortune used generative AI to help with an initial draft. An editor verified the accuracy of the information before publishing.

Source link

Title

This industrial giant is emerging as a big AI play, says Wells Fargo This industrial giant is emerging as a big AI play, says Wells Fargo
Crypto4 months ago

This industrial giant is emerging as a big AI play, says Wells Fargo

  Wells Fargo sees Caterpillar continuing to roar higher, emerging as an artificial intelligence play. The bank initiated shares of...

Novo Nordisk's strategy tested as investors push back on board revamp Novo Nordisk's strategy tested as investors push back on board revamp
Crypto4 months ago

Novo Nordisk’s strategy tested as investors push back on board revamp

    Flags with the logos of Danish drugmaker Novo Nordisk, maker of the blockbuster diabetes and weight-loss treatments Ozempic...

Alibaba plans AI subscriptions, stablecoin-like payments with JPMorgan Alibaba plans AI subscriptions, stablecoin-like payments with JPMorgan
Crypto4 months ago

Alibaba plans AI subscriptions, stablecoin-like payments with JPMorgan

  Key Points Alibaba plans to use “tokenization” of payments for cross-border transactions in its business-to-business arm. Kuo Zhang, president...

Abraham Lincoln set off an education revolution in 1862 with the Land Grant Act. We need the same thing today for AI Abraham Lincoln set off an education revolution in 1862 with the Land Grant Act. We need the same thing today for AI
Crypto4 months ago

UK borrowing costs spike on report government to scrap plans to raise income tax

    Rachel Reeves, U.K. chancellor of the exchequer, delivers a speech in London, UK, on Tuesday, Nov. 4, 2025. Bloomberg...

An Indonesian Unicorn's Vision For Digital Payments An Indonesian Unicorn's Vision For Digital Payments
Crypto4 months ago

Trump’s threatened the BBC with a $1B lawsuit: Here’s what’s going on

    US President Donald Trump speaks to reporters as he arrives at Palm Beach International Airport on Oct. 31,...

We're downgrading a portfolio stock. Plus, what's causing the market's rally We're downgrading a portfolio stock. Plus, what's causing the market's rally
Crypto4 months ago

UBS’s picks for global returns next year

  Investors looking for global diversification opportunities should look to a specific subset of stocks in Europe, according to UBS...

Nvidia will soar nearly 75%, says Loop Capital Nvidia will soar nearly 75%, says Loop Capital
News4 months ago

AI companies admit they’re worried about a bubble

    Eakarat Buanoi | Istock | Getty Images LISBON, Portugal — Top tech executives told CNBC they’re concerned about...

CEO Southeast Asia's top bank DBS says AI adoption already paying off CEO Southeast Asia's top bank DBS says AI adoption already paying off
News4 months ago

CEO Southeast Asia’s top bank DBS says AI adoption already paying off

Tan Su Shan, deputy chief executive officer and managing director of institutional banking at DBS Group Holdings Ltd., speaks during...

China's economic slowdown deepens in October as housing slump worsens and investments shrink more than expected China's economic slowdown deepens in October as housing slump worsens and investments shrink more than expected
News4 months ago

China’s economic slowdown deepens in October as housing slump worsens and investments shrink more than expected

CHENGDU, CHINA – OCTOBER 18: People walk past the Louis Vuitton store at Taikoo Li, a high-end shopping area that...

U.S. to remove tariffs on some products from Ecuador, Argentina, Guatemala and El Salvador U.S. to remove tariffs on some products from Ecuador, Argentina, Guatemala and El Salvador
News4 months ago

U.S. to remove tariffs on some products from Ecuador, Argentina, Guatemala and El Salvador

The United States said Thursday it will remove tariffs on some foods and other imports from Argentina, Ecuador, Guatemala and...

Advertisement