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Lexus is all set to debut a new compact concept at next month’s 2009 Frankfurt Motor Show; but will we ever see this compact BMW 1-Series and Audi A3 rival on the stateside? According to sources at Toyota, Lexus may roll out the competitor to popular entry-level luxury models sooner than expected.

According to Automotive News, insiders at Toyota said that Lexus will develop a new compact for Europe and could sell it in the United States by 2012.

“You are going to see more products start coming under models...

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Lexus' BMW 1-Series rival coming to the U.S. in 2012

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