Toyota was a long established player in the full size market and they just folded up their offering that was top shelf in said market and walked away from it...that is a telling sign about the viability of that market.
I’ve advocated for a larger midsize. There’s still some volume there, and lets the brand and dealers have a sedan offering covering that chunk of the market without jumping into the shrinking full size market that has long-established players.
The problem is the press often misconstrues what is actually said to them. Back in the day the local newspaper used to say the local Ford plant was closing-when all it was doing was just shutting down for retooling or whatever else.