New Concept For Sports Yacht Announced By Toyota Motor Corp (ADR) (NYSE:TM)

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According to a press release, Toyota Motor Corp (ADR) (NYSE:TM) will be getting itself involved in sea transport, as well as automobiles, through the launch of its new concept sports yacht. Allegedly, the inspiration behind the desire for the company to get involved in such a project arose from the President of Toyota, Akio Toyoda.

The sports yacht concept was originally released on the beaches of Miami, which is located in Florida, where it was announced that this concept boat, would still fall in line with the Lexus range of vehicles, which Toyota manufactures.

More details about the sports yacht

Allegedly, the inspiration for such a product, first landed on Toyoda’s doorstep, when he was invited to invest time in the water, by the executives of Toyota Marine Division. However, through the various details, which were announced along with the press statement, regarding the yacht, there is no doubt behind the power, which the yacht will be capable of outputting.

However, regardless of the performance that the yacht will be able to output, the design itself is a still impeccable luxury. This further emphasizes that the automobile giant is aiming for those who seek a complex blend between beauty, and beast.

Performance of the Toyota Concept Sports Yacht

Although, there have been no official statements, from those familiar with the matter in the company, various specifications regarding both the design and the performance of the Concept Sports Yacht have been released to the public.

In these specifications, it was announced, that the yacht would be equipped with the “supercar” Lexus LFA, technology, which has the ability to generate over 553 horsepower. This is in a tie with military aircraft, regarding performance.

Furthermore, it was disclosed that the yacht would be powered by twin 5.0 liter V8 engines, which were originally made use of in the Lexus RC F Coup, as well as the GS F Sports sedan. However, this is the end of the details that the company has made legible for public inspection.

Toyota stock closed on Monday at 6,719 JPY, after falling 108 JPY or 1.58%

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