Thursday, December 2, 2010

Toyota cancels Next-Generation Lexus SC Jul 14 2008 Lexus SC 430

Another victim of high fuel prices, the next-generation Lexus SC has been canceled by Toyota while plans for the replacement Toyota Avalon Sedan might also be shelved. The SC is having a very low sales record, moving only 1,230 SC 430 units in the first six months of this year, down more than 40% from a year ago. A new version of the Lexus SC had been in the drawing boards and was supposedly slated for production in early 2009 but was pushed back to mid-2011; now it has been canceled according to Toyota insiders.
Meanwhile, Toyota is also mulling whether to cancel the planned replacement of the Camry-based Avalon which is slated for production in early 2010 in the automaker̢۪s Kentucky plant.

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