Toyota’s Decision to Discontinue the Venza
Toyota has confirmed that it will discontinue the Venza after the 2024 model year. This decision is linked to the introduction of the 2025 Toyota Crown Signia, which will occupy a similar market segment as the Venza. The Crown Signia is described as a more capable midsize hybrid SUV, and Toyota aims to position it as a more stylish, larger alternative to the RAV4, bridging the gap between Toyota and Lexus without encroaching on Lexus’ territory.
Reasons for Discontinuation
The decision to discontinue the Venza is primarily driven by Toyota’s desire to avoid cannibalizing sales of the new Crown Signia. The two vehicles occupy nearly the same segment, and Toyota has opted to focus on the Crown Signia, leading to the discontinuation of the Venza.
Future of the Venza
While the Venza will be discontinued in the U.S., it will continue to be produced and marketed in other regions under the nameplate Harrier. This suggests that the model will still be available in certain markets despite its discontinuation in the U.S..
In summary, Toyota will stop making the Venza after the 2024 model year to make way for the 2025 Toyota Crown Signia, which will occupy a similar market segment. The decision is driven by Toyota’s strategy to avoid cannibalizing sales of the new Crown Signia .
Contents
- Will Toyota make a 2025 Venza?
- Is there going to be a 2024 Toyota Venza?
- Is the Venza 2024 discontinued?
- Why is Toyota Venza not popular?
- What is the common problem with Toyota Venza?
- What will replace the Toyota Venza?
- Why is the Venza being discontinued?
- Why did Toyota stop producing Venza?
- Why is Toyota dropping the Venza?
- Will Toyota Venza be discontinued?
Will Toyota make a 2025 Venza?
Share: Toyota is introducing a new SUV to its lineup: the 2025 Toyota Crown Signia, a hybrid-only crossover SUV based on its flagship Crown sedan. At the same time, it’s discontinuing the mid-sized two-row Venza after the 2024 model year.
Is there going to be a 2024 Toyota Venza?
The 2024 Venza is available in LE, XLE, and Limited grades, as well as the uniquely stylish Nightshade edition. Based on the XLE trim level and available in three exterior colors, the Venza Nightshade features blackout trim for a distinctive presence.
Is the Venza 2024 discontinued?
When Toyota unveiled the Crown Signia last night, many of us felt the company’s SUV lineup was getting too crowded. Toyota seemingly felt the same way, so the Venza will be dropped after the 2024 model year, replaced by the SUV-ified Crown. The Venza will retire just after its fourth birthday.
Why is Toyota Venza not popular?
The current Venza is often critiqued for its poor cargo capacity compared to competitors, lacking SUV features/options like roof rails or any usable towing capability, but it also offers a claimed best-in-class EPA efficiency rating of 39 MPG combined.
What is the common problem with Toyota Venza?
The biggest problem areas for the Toyota Venza include interior accessories, exterior accessories, and rotors. Know which Toyota Venza years to avoid to have the best possible experience on the road. Costly fixes lower the value of the investment for your wallet.
What will replace the Toyota Venza?
And this will kind of be the replacement for that. So. Um you know it’s giving you that midsize truly large two-row SUV for those who wanted something a little bit bigger. Than what the RAV4.
Why is the Venza being discontinued?
A Toyota spokesperson confirms that 2024 will be the Venza’s last year on the market. It bows out to make room for a very similar but perhaps more upscale Crown Signia.
Why did Toyota stop producing Venza?
With the new Crown Signia sharing the same TNGA-K platform as the current Venza and being a hybrid vehicle that will compete in the midsize segment, the two practically compete against one another. Toyota doesn’t want competition between two of its own vehicles, so the Venza has to go.
Why is Toyota dropping the Venza?
Toyota doesn’t want competition between two of its own vehicles, so the Venza has to go. When Toyota brought the Venza to market for the 2021 model year after a five-year hiatus, it was a bit of a head-scratcher.
Will Toyota Venza be discontinued?
Alongside the debut of the 2025 Toyota Crown Signia hybrid SUV, Toyota has confirmed that the Venza will be discontinued after the 2024 model year. The two vehicles occupy nearly the same slice of an already thin mid-size segment, and thus, there can only be one.