Toyota Cressida - Cancellation and Succession

Cancellation and Succession

In Japan, the Mark II, Chaser and Cresta continued beyond 1992, but the Cressida name was retired. The X chassis code for Cressidas remained under the Mark II, Chaser, and Cresta names for several years. The Chaser and Cresta went on for two more generations until 2000, when they were replaced by the short lived Toyota Verossa. The Mark II was succeeded by the Mark X in 2004, although the Mark II Blit, a wagon variant, was sold until 2007.

In Australia, the Cressida was sold from April 1977 to February 1993, when it was replaced by the Vienta (and later the Avalon in the full-size bracket).

The Cressida also played a part in the design of the first Lexus models, most closely resembling the LS 400. However, some of the shared concepts and similarity between the Cressida and early Lexus models in turn led to the decision to eventually discontinue the Cressida in most markets, as it would overlap with vehicles sold under the Lexus marque. The 1992 redesign of the Camry and introduction of the XLE V6 model helped cover the Cressida's market as well, despite the fact the Camry was a front-wheel-drive vehicle and the Cressida was rear-wheel-drive.

The introduction of the Toyota Avalon in the American market in 1995 filled the gap left by the cancellation of the Toyota Cressida in 1992. The Avalon was a front-wheel drive full-size car, powered by a V6 engine, as the third-generation Camry remained in the mid-market but now had grown in proportions to be classified as a mid-size. The Cressida was an upper-level mid-size rear-wheel drive car with a straight-6 engine, as the mid-market second-generation Camry was still classified as a compact car in the early 1990s.

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