Why is Toyota discontinuing Venza?
Toyota has announced that it will be discontinuing the Venza crossover SUV, a model that has been part of the company's lineup since 2009. The decision to end production of the Venza comes as Toyota shifts its focus towards other popular SUV and truck models in its portfolio.
Reasons for Discontinuing the Venza
According to Toyota, the primary reasons for discontinuing the Venza are declining sales and a shift in consumer preferences towards larger, more rugged SUVs and pickup trucks. The Venza, which was positioned as a midsize crossover, has struggled to compete with the growing popularity of models like the Toyota RAV4, Highlander, and Tacoma.
Additionally, the Venza's sales have been on a steady decline in recent years, making it less of a priority for Toyota compared to its other, more successful models. In 2020, Toyota sold just over 20,000 Venza units in the United States, a significant drop from the model's peak sales of around 54,000 units in 2009.
Toyota's Shifting Focus
The discontinuation of the Venza is part of a broader strategic shift at Toyota, as the company looks to streamline its product lineup and focus on its core SUV and truck offerings. Toyota has been investing heavily in the development of new and updated versions of its popular models, such as the RAV4, Highlander, and Tacoma, to better meet the changing demands of the market.
This shift towards larger, more rugged vehicles is in line with broader industry trends, as consumers continue to gravitate towards SUVs and trucks over traditional sedans and crossovers. Toyota's decision to discontinue the Venza reflects its efforts to align its product portfolio with these evolving consumer preferences.
What's Next for Toyota Customers?
- Existing Venza owners will continue to be supported by Toyota's service and parts network.
- Customers interested in a midsize crossover SUV from Toyota will likely be directed towards the RAV4 or Highlander models, which offer similar size and capabilities.
- Toyota may introduce new or updated SUV and truck models in the future to further strengthen its position in the growing segments of the market.
While the discontinuation of the Venza may be disappointing for some Toyota customers, the company's decision reflects its ongoing efforts to adapt to changing market conditions and consumer preferences. By focusing on its core SUV and truck models, Toyota aims to better serve the needs of its customers and maintain its position as a leading automaker in the years to come.
How many miles will a Venza last?
200,000-250,000 miles
According to motorbiscuit.com, a typical Toyota Venza will last 200,000-250,000 miles before it starts to go downhill. A combination of environmental factors and natural wear and tear will contribute to this aging, some of which you have control over and some of which you don't.
Is Toyota making a 2024 Venza?
Pricing and Which One to Buy
The price of the 2024 Toyota Venza starts at $36,315 and goes up to $44,460 depending on the trim and options. All Venza models come with all-wheel drive and Toyota Safety Sense as standard kit.
Will Toyota keep making the Venza?
After just four years on the market this time around, the Venza nameplate once again bites the dust. Toyota will discontinue the Venza after the 2024 model year. Its departure will make room for the mid-size 2025 Toyota Crown Signia. The two are quite similar on paper, though the Signia beefs up its offerings a bit.
What car is comparable to the Toyota Venza?
Toyota RAV4
Cars similar to 2024 Toyota Venza. The Venza's stablemate, the Toyota RAV4, is perhaps its closest competitor. The Venza's stablemate, the Toyota RAV4, is perhaps its closest competitor. It's more spacious inside, is available as a hybrid, and truly shines in Prime plug-in hybrid form with 42 miles of electric range.
What is the problem of Toyota Venza?
Multiple Toyota Venza years have seen interior accessory failures. Problems with audio systems and sunroofs are common. These issues particularly hit the 2012 and 2013 models hard. Even the 2021 model isn't exempt, showing these problems still exist in newer generations.
Why choose Venza over RAV4?
RAV4 at a Glance. The Toyota Venza and Toyota RAV4 are both two-row SUVs that can enjoy hybrid fuel efficiency. The RAV4 offers more trim levels, but the Venza comes standard with more high-end features. Choose the Toyota Venza for a longer frame; choose the RAV4 for more cargo volume.
What is the disadvantage of Venza?
The 2024 Toyota Venza's aggressive styling borrows cues from Lexus and other luxury brands. Its interior design is upmarket too. On the downside, the Venza doesn't offer as much passenger and cargo space as its rivals, and it's not rated for towing.…
Why is the Toyota Venza 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 the Toyota Venza not popular?
The Venza was suffering from declining sales, and was criticized for lack of towing capability, lack of SUV features, and small cargo area.
What is replacing the Toyota Venza?
Toyota has unveiled the all-new 2025 Crown Signia. This sleek and sophisticated hybrid SUV is set to replace the discontinued Toyota Venza. The Crown Signia offers drivers a premium vehicle with cutting-edge technology, refined styling, and exceptional performance.
