Lexus execs admit that the LS460 cannot compete with the big boys.
In Edmund's Full Test of the LS 600h l, the article quotes:
"These people have a very short shopping list and we're not on it" is the way one Lexus executive put it. "The sedans they buy are the 12-cylinder Mercedes S600, BMW 760Li and Audi A8."
Hence, Lexus had to come up with something new -- the LS 600h L
Full article:
http://www.edmunds.com/insideline/do/Drives/FullTests/articleId=120486?tid=edmunds.il.home.photopanel..1