Lexus is said to be developing a small crossover to be positioned under the UX. The car will be based on the parent company Toyota’s Yaris Cross, which itself is based on the Yaris hatchback. The two cars will share the overall shape and size, with the Lexus derivative being more luxurious. There’s no name to the car yet, but rumors suggest that the car could be called the Lexus LBX or Lexus BX. The car will be launched in Europe, Australia, and Japan only, the markets where the Yaris Cross is sold.