Lexus has taken the wraps off the 2016 IS. It features two new engines and an assortment of new options.

Lexus has taken the wraps off the 2016 IS.

Looking virtually identical to last year's model, the 2016 IS gains a new a turbocharged 2.0-liter four-cylinder engine that develops 241 bhp (179 kW) and 258 lb-ft (349 Nm) of torque.  It is connected exclusively to an eight-speed automatic transmission which sends power to the rear wheels.

Buyers looking for something more powerful can opt for the new IS 300 AWD which features a 3.5-liter V6 engine that develops 255 bhp (190 kW) and 236 lb-ft (319 Nm) of torque.  It is paired to a six-speed automatic transmission and an all-wheel drive system.

The IS 350 carries over and continues to feature a 3.5-liter V6 engine with 306 bhp (228 kW) and 277 lb-ft (375 Nm) of torque.  It's connected to an eight-speed Sport Direct Shift automatic transmission which can be paired to either a rear- or all-wheel drive system.

Besides the new engines, the IS gains an optional Premium Plus Package which adds a power tilt/telescopic steering wheel and rain-sensing wipers.  A heated steering wheel is a;sp available as a standalone option and there's a newly available Lexus Enform Service Connect system which provides owners with a variety of vehicle information on their smartphone.  The entire IS lineup can also be equipped with an F SPORT package which includes an aggressive body kit, a sport-tuned suspension and unique 18-inch alloy wheels.

Check out the press release for additional information

Gallery: 2016 Lexus IS unveiled with two new engines [video]