Toyota will be waving off the Toyota Venza after the launch of the 2024 model. The brand notes that the vehicle will be discontinued to introduce a new one the Toyota Crown Signia, a hybrid SUV that will take over from the Venza.
The two vehicles occupy nearly the same slice of an already thin mid-size segment, and thus, there can only be one of them to continue, Toyota thought it right to be the Crown Signia, while the Venza will have to bow.
The Vebza that will be discontinued comes from a three-motor hybrid system that produces a net 219 horsepower. However, the Crown has a more efficient performance with its three-motor hybrid that produces a combined output of 243 horsepower.
It is also rated to be able to tow up to 2700 pounds, despite still relying on a continuously variable transmission with an interior that feels more spacious than what it replaces.
While the Venza will not be returning after the 2024 model, the 2024 model has a starting price of $36,315 for its base trim. While there’s no set price for the Crown Signia that will be replacing the Venza, it’s expected that its price will be higher than that of the Venza.