There is only one king in the luxury car segment, and the Mercedes-Benz S-Class sets the bar. But there is only one rival that sent Mercedes scrambling back to the drawing board: the Lexus LS.

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The Lexus V8 story is not about headline horsepower, it is about engines that simply refuse to die. While Detroit’s toughest pickup motors built their reputations on towing and torque, the Lexus LS ...