Why was the Toyota Matrix discontinued?

Why was the Toyota Matrix discontinued?
The Toyota Matrix was discontinued for several reasons, primarily due to declining sales and an identity problem. The Matrix was based on the Corolla and shared a front-drive vehicle platform with the previous-generation Corolla. Toyota’s Bill Fay mentioned that Matrix sales had been falling for years, leading to speculation about its eventual phase-out. The Matrix’s sales figures were not separated from the Corolla, making it difficult to gauge its popularity. Additionally, Toyota faced challenges in funding, advertising, and promoting the Matrix, as well as allocating production resources between the Matrix and Corolla. As a result, Toyota made the decision to discontinue the Matrix and focus on other models.
It’s worth noting that the Matrix was rebranded as the Scion iM and later as the Corolla Hatchback. The Corolla Hatchback serves as a replacement for the Matrix, offering a similar compact hatchback design.
Overall, declining sales, an identity problem, and resource allocation considerations were the primary factors that led to the discontinuation of the Toyota Matrix [[5]].

What replaced Toyota Matrix?

The Corolla Cross can be seen as a modern interpretation of the old Matrix., though it’s larger and based on the firm’s TNGA-C chassis. The model compares in size to a Honda CR-V, a Mazda CX-5 or a Hyundai Kona.

Are Toyota Matrix expensive to fix?

The average total annual cost for repairs and maintenance on a Toyota Matrix is $396, compared to an average of $526 for compact cars and $652 for all vehicle models.

Is A Toyota Matrix a good car?

The Toyota Matrix has good reliability scores from RepairPal and J.D. Power, with a score of 4.0 out of 5.0 and 81 out of 100, respectively. The Matrix is reliable, but it still has common issues such as faulty oxygen sensors, premature brake wear, excessive oil consumption, and window regulator problems.

Are Toyota Matrix cheap to fix?

Cost. The average total annual cost for repairs and maintenance on a Toyota Matrix is $396, compared to an average of $526 for compact cars and $652 for all vehicle models.

Will Toyota make the Matrix again?

The Toyota Matrix was discontinued in 2014.

Are Toyota Matrix reliable?

According to carparts.com, the Toyota Matrix has good reliability ratings, such as a four out of five or a reliability score of 81 out of 100. This could be attributed to the fact that the Matrix is basically a Toyota Corolla, just with a larger trunk.

Why did Toyota quit making the Matrix?

On August 5, 2013, Toyota announced an end to production of the Matrix for the US market after the 2013 model year due to declining sales, and that there were no plans to replace it with another vehicle.

What are the disadvantages of the Toyota Matrix?

Worst Issues

• excessive oil consumption in the 2009 Matrix.
• engine failure in the 2003 Matrix.
• premature brake wear in the 2010 Matrix.
• engine noise with cold start in the 2009 Matrix.
• transmission stopped working in the 2003 Matrix.

What is the most common problem with Toyota Matrix?

One of its most severe issues is the engine problem. Many owners have noticed that the car consumed too much oil and heard ticking or rattling noises coming from the engine. Eventually, the Matrix engine just failed.

How long will my Toyota Matrix last?

I don’t know that there’s a single answer but with proper maintenance and normal operating conditions it could easily go in excess of 250,000 miles. Mine has around 150K miles and I’ve only had to change the oil, replace tires, and the brakes needed doing about 120K miles.