Toyota Motor Corp.'s Lexus, which ended a two-year production run of the $375,000 LFA in 2012 after manufacturing 500 of them, may build a successor to the 552-horsepower car, according to Executive Vice President Mark Templin.
The long-term plan has President Akio Toyoda's backing, he said.
"Akio believes that every generation deserves to have a car like an LFA, so we're building an LFA for the generation we have today. At some point, there may be another special car for another generation," he said, without providing specifics.
A second LFA isn't imminent, and another generation could be about 30 years in the future, said spokesman Brian Lyons.
The LFA was a decadelong project that Templin said motivated Lexus engineers, improved the brand's reputation and influenced work on premium models the company has introduced since. It also gave the world's largest automaker a model to compete with brands including Volkswagen AG's Porsche, Fiat SpA's Ferrari and Daimler AG's Mercedes-Benz.
Lexus has turned the U.S. luxury car market back into a three-brand race this year after years of Toyoda pushing the company's premium division to expand its reputation beyond quality and add styling and performance attributes. Redesigned versions of the IS sedan and GX sport utility vehicle have helped narrow the lead of Mercedes-Benz and BMW in the U.S. market this year.