OREANDA-NEWS. November 17, 2011. Terms for opening Lexus Center in Baku have been defined to become the only official dealer of Lexus model in Azerbaijan.

General Director of Toyota Center Baku Company Rashad Aliyev has reported that Lexus Center will be opened in Baku in February 2012.

Earlier ISR Holding Group of Companies composing Lexus Center and Toyota Center Baku announced opening of center for selling Lexus cars for December 2011.

As early as in December 2010 Finance Minister of Azerbaijan registered limited liability company Lexus Baki with AZN 1.000 authorized capital. Under the preliminary estimates capacity of local market makes up to 15 new Lexus automobiles per day.