The cockpit of a Toyota Motor Corp. Lexus Sport Yacht Concept is seen at the Japan International Boat Show in Yokohama, Japan (Photographer: Noriko Hayashi/Bloomberg)

A Lexus Yacht: Carmaker's Pursuit of Pizzazz to Catch Mercedes

(Bloomberg) -- Lexus thinks it finally has a way to catch up with Mercedes in luxury-car sales: go into the high-end boat business.

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