January 2023 Toyota Car Sales Analysis - YoY, MoM Change, 6-Month Trend | V3Cars

In this January 2023 Toyota car sales analysis article, we’ll look at the car sales of Toyota for the previous month. We’ll also compare the YoY and MoM change to find out which Toyota cars’ sales improved and which ones declined. Lastly, the table with monthly sales for the last 6 months will give you an idea about the 6-month sales trend of all Toyota cars.

Toyota Car Sales

January 2023 - Toyota Car Sales Figures - YoY Change

  • Urban Cruiser dispatches declined over the last few months and in November for the first time, Toyota saw zero dispatches for the subcompact SUV. It was discontinued by the carmaker soon after.
  • Amongst the mass-market offerings from the carmaker, Fortuner was the top YoY gainer for Toyota, with a growth of 356%.
  • Innova dispatches dropped by almost 42% compared to January 2022 in January 2023.
  • Toyota launched Innova Hycross in January, this explains the decline in numbers of Innova Crysta. Innova Hycross should have comparable sales to what Crysta had before the news of Hycross launching hit the market.
  • Carmy also saw a YoY decline of 58% in January 2023 comparison.
  • Toyota’s recently launched Hyryder SUV sat at the top spot in terms of sales volume for the brand.

TOYOTA CAR SALES - JANUARY 2023

YOY CHANGE

Rank

Model

Segment

Body-Type

Jan 2023

Jan 2022

Change

%Change

Trend

1

Hyryder

C

SUV

4,194

-

-

-

-

2

Fortuner

D2

SUV

3,698

811

2,887

355.98%

3

Glanza

B2

Hatch

3,327

1,347

1,980

146.99%

4

Innova

D1

MPV

1,427

2,433

-1,006

-41.35%

5

Camry

D2

Sedan

59

141

-82

-58.16%

6

Vellfire

D2

MPV

22

6

16

266.67%

7

Hilux

D2

Pickup

1

0

-

-

-

8

Urban Cruiser

B2

SUV

0

2,590

-2,590

-

-

January 2023 - Toyota Car Sales Figures - MoM Change

  • Most mass-market cars from Toyota saw a decline in MoM comparison for January 2023, except the Fortuner and Innova, which saw a growth of 130% and almost 4000%, respectively.
  • Innova badge showed this growth after the launch of Innova Hycross, which was expected to happen
  • All the other D-segment cars from the manufacturer reported a decline in MoM comparison
  • Amongst the mass market offerings from Toyota, Glanza saw a noticeable decline of 25%
  • Hyryder sales remained consistent with December

TOYOTA CAR SALES - JANUARY 2023

MOM CHANGE

Rank

Model

Segment

Body-Type

Jan 2023

Dec 2022

Change

%Change

Trend

1

Hyryder

C

SUV

4,194

4,201

-7

-0.17%

2

Fortuner

D2

SUV

3,698

1,603

2,095

130.69%

3

Glanza

B2

Hatch

3,327

4,465

-1,138

-25.49%

4

Innova

D1

MPV

1,427

36

1,391

3863.89%

5

Camry

D2

Sedan

59

71

-12

-16.9%

6

Vellfire

D2

MPV

22

40

-18

-45%

7

Hilux

D2

Pickup

1

5

-4

-80%

Toyota  — 6-Month Sales Trend (Aug 2022 - Jan 2023)

TOYOTA CARS 6 MONTH SALES TREND

AUG 2022 - JAN 2023

Model

Segment

Body-Type

Aug 2022

Sep 2022

Oct 2022

Nov 2022

Dec 2022

Jan 2023

6 Month Avg

Camry

D2

Sedan

62

68

59

118

71

59

73

Fortuner

D2

SUV

2,581

2,935

2,031

1,967

1,603

3,698

2,469

Glanza

B2

Hatch

3,011

3,528

3,767

4,393

4,465

3,327

3,749

Hilux

D2

Pickup

20

2

75

37

5

1

23

Hyryder

C

SUV

 

1,163

3,384

3,116

4,201

4,194

3,212

Innova

D1

MPV

6,036

7,282

3,739

2,025

36

1,427

3,424

Urban Cruiser

B2

SUV

3,131

350

0

0

0

0

580

Vellfire

D2

MPV

118

50

88

109

40

22

71

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ABOUT THE AUTHOR

Prathu Sharma

Engineer by upbringing, artist by passion, motorhead because, why not! Likes to know about everything related to technology, switches between american muscle and german innovation depending on the day. Wants to own 69' Mustang Mach 1 and to drive BMW M3 87'someday.

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