Toyota to End Production of Mark X Luxury Sedan

Economy

Nagoya, April 24 (Jiji Press)--Toyota Motor Corp. <7203> said Wednesday that it will end production of its Mark X luxury sedan in December.

Since the 1968 debut of Mark X's predecessor, the Corona Mark II, Mark models have been the face of Toyota sedans for five decades. Around 4.67 million Mark model cars have been sold so far.

The Mark X was introduced in 2004 as the successor to the Mark II, but it faced sluggish sales due to decreasing demand for sedans in recent years.

On Wednesday, Toyota released two special edition Mark X models. The two-wheel-drive edition starts at 3,331,800 yen, while the 4WD model starts at 3,489,480 yen.

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