According to Inside Line, Toyota is planning on canceling the next generation Lexus SC and the Camry-based Avalon. The decision to drop the Lexus SC was caused by the slow sales of the model, in the first six month of 2008 Laxus managing to sell only 1,230 units (40 percent less than last year). Priced at $67,120, the SC is powered by a 288 hp 4.3 liter V8, which averages 16 mpg (city) and 23 mpg (highway). And with the current rising gas prices the car was doomed, especially with Lexus preparing the LF-A sports car, based on the same RWD platform.
As for the Avalon, because the next-generation 2012 Camry is well underway, Toyota is having serious doubts on whether to continue Avalon production or not and may opt to produce a long-wheelbase Camry for such markets as North America and the Middle East.
Source: Insinde Line