
Inside Line has learned that the next-generation Lexus SC430 and Toyota Avalon have been canceled. Sales on the SC430 are down 40 percent so far this year; and since Lexus is developing a production version of the LF-A super coupe, what's the point of keeping the SC430?
As to the Avalon, word is that Toyota may be developing a long-wheelbase version of the 2012 Camry. If that's the case there would be no need for the Avalon, it would certainly be cheaper for Toyota to offer a stretched Camry than a significantly different Avalon, which is based on the Camry anyway.
IL Insider: Toyota Cancels Next-Generation Lexus SC
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Any chance of getting a SOURCE for this story?
Smart move by toyota. cutting off the weak links and reinventing the strong ones.