Toyota to end Camry sales in Japan
Domestic market accounts for only 1% of model's global sales
Toyota Motor plans to stop sales of the Camry business sedan models in the Japanese market by the end of 2023, Turanews.kz reports citing Nikkei Asia.
Toyota has notified Japanese dealerships that it will cease production of the Camry for domestic customers at the end of the year. Production will continue for exports.
Domestic sales will end in phases, and Toyota already has halted taking most new orders. New Camry models under development will be sold exclusively to foreign markets.
The Camry, whose name comes from the Japanese word for “crown,” is manufactured mainly in the U.S., China and the Tsutsumi Plant in Japan’s Aichi Prefecture. Like the Corolla, the sedan is Toyota’s global strategic car.
Toyota has sold about 1.3 million Camrys in Japan since the vehicle debuted in 1980. The sedan retails domestically between 3.49 million yen and 4.68 million yen ($26,400 to $35,450).
The model sells in over 100 countries, with more than 21 million units purchased cumulatively through the end of 2022, data from Toyota and automotive information provider MarkLines shows. Toyota fully redesigned the Camry and released the current 10th-generation model in 2017.
