Toyota confirmed a rumor we first caught wind of earlier in 2020 by announcing that the current-generation Land Cruiser will retire after the 2021 model year. The next-generation model will be introduced in the coming months, but we're receiving mixed signals about whether the nameplate will return to the United States.

Launched in 2007 as a 2008 model, and updated twice since, the J200-generation Land Cruiser (pictured) is about to enter its 14th year on the market. It's a senior citizen by industry standards, so its demise isn't surprising, 2 million units that year.

Lexus is working on a new IS, but it might not be a completely redesigned model.

Japan's current account surplus has grown for the first time in two years in 2019 on the back of strong investment income and a booming tourist trade.

Finance Ministry officials say last year's surplus topped 20 trillion yen, or about 183 billion dollars. That's up by roughly 7.6 billion dollars from the previous year.