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Toyota to phase out Venza due to free-falling sales

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Toyota announced this week that Venza production for the U.S. will cease in June due to the crossover's free-falling sales after a promising start in 2009. Last year, 29,991 units were sold in Uncle Sam's land, which is about the same number of Camrys the company manages to sell in a month. 

The Georgetown assembly plant will begin producing the Lexus ES later this year, making it the very first Lexus to be built in the U.S. Sales of this luxury sedan are expected to be much higher than the Venza's, naturally. The Toyota Camry and Avalon (including their hybrid versions) are also manufactured in Georgetown. 

Venza production for other markets will end in September 2017.

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