Toyota’s much beleaguered youth-focused brand may finally be put to pasture.
News broke late last night that Toyota will be making an official statement this morning, confirming that the Scion brand will be discontinued. Whether this means a gradual run-out of existing model lines or a more abrupt halting of operations is unknown.
As first reported on carbuzzard.com, a meeting was held late yesterday afternoon where employees of Scion were informed of the brand’s imminent demise.
With struggling sales and a lineup that consists essentially of rebadged Toyota products, the news of Scion’s discontinuation does not come as a huge surprise. In 2015, the Scion brand moved 56,167 vehicles, which is barely anything compared to the 429,355 Camry sedans sold in 2015 alone.
The exact timing of the announcement still does seem puzzling with the new iM and iA recently launching.
A formal announcement is expected to be made by Toyota at 9 a.m.
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