Honda has quietly announced that the CR-Z would be done after the 2016 model year. Car and Driver received a statement from the automaker that said they will “discontinue CR-Z this year ” as it “significantly expand its sales of electrified vehicles with the addition of two new volume models.” Those models in question are the 2017 Accord Hybrid and upcoming Clarity range.
The CR-Z was launched in 2010 as a 2011 model. The vehicle never really found traction in terms of sales. Its best year was in 2011 with 11,330 models sold. In 2015, Honda only moved 3,073 CR-Zs. Part of the reason dealt with the hybrid powertrain. The CR-Z used Honda's IMA hybrid system that produced 130 horsepower and 140 pound-feet of torque (the CVT saw torque drop to 127). This made CR-Z slow. It didn't help the CR-Z didn't fare so well with fuel economy numbers. The EPA rated the CR-Z manual at 31 City/38 Highway/34 Combined.
Source: Car and Driver