Toyota Discontinues Paseo
18 February 1998
Toyota Discontinues PaseoTORRANCE, Calif., Feb. 17 -- The Toyota Paseo, introduced in May 1991 as the company's lowest priced "sporty car," will be discontinued for the 1998 model year. According to Toyota Motor Sales, U.S.A., Inc., sales of remaining 1997 Paseo coupes and convertibles will continue while supplies last. The company said it is dropping the Japan-built Paseo in order to make way for new and future projects in the sport specialty-segment, including the new North American-built Solara mid-sized sport coupe which will debut this August. Based on the Tercel, Paseo was designed to reach buyers looking for a stylish sub-compact vehicle that offered strong performance with excellent fuel economy, quality and value. Tercel will continue as Toyota's entry in the subcompact segment. SOURCE Toyota Motor Sales, U.S.A., Inc.