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

In this March 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

March 2023 - Toyota Car Sales Figures - YoY Change

  • Urban Cruiser dispatches declined over the last few months and in November for the first time, Toyota dispatched zero units of B2-segment SUV. It was discontinued by the carmaker soon after
  • Among the mass-market offerings from the carmaker, the Glanza was the top YoY gainer, with a growth of 12.65%.
  • Innova dispatches grew just by 2% in March 2023 compared to March 2022, but it has become the top-selling car for Toyota after the generation update and introduction of the Hycross flavour of the Innova.
  • The Carmy saw a YoY decline of 18.33% in March 2023 comparison and was the sole loser in Toyota’s stable

TOYOTA CAR SALES - MARCH 2023

YOY CHANGE

Rank

Model

Segment

Body-Type

Mar 2023

Mar 2022

Change

%Change

Trend

1

Innova Crysta/HyCross

D1

MPV

8,075

7,917

158

2.00%

2

Hyryder

C

SUV

3,474

-

-

-

-

3

Glanza

B2

Hatch

3,365

2,987

378

12.65%

4

Fortuner

D2

SUV

3,108

2,984

124

4.16%

5

Vellfire

D2

MPV

239

0

239

-

-

6

Hilux

D2

Pickup

223

43

180

418.60%

7

Camry

D2

Sedan

98

120

-22

-18.33%

8

Urban Cruiser

B2

SUV

-

3,079

-

-

-

March 2023 - Toyota Car Sales Figures - MoM Change

  • Most mass-market cars from Toyota saw a growth in MoM sales comparison for March 2023. The Fortuner and Glanza witnessed a MoM sales decline of over 9% and 20%, respectively.
  • The Innova reported the best growth figures among mass-market cars from Toyota, with 93% plus MoM growth
  • Innova badge showed this growth after the launch of Toyota Innova Hycross, which was anticipated
  • Vellfire and Hilux sold over 200 units in March, compared to just 60 and 15 units respectively in the month of February

TOYOTA CAR SALES - MARCH 2023

MOM CHANGE

Rank

Model

Segment

Body-Type

Mar 2023

Feb 2023

Change

%Change

Trend

1

Innova Crysta/HyCross

D1

MPV

8,075

4,169

3,906

93.69%

2

Hyryder

C

SUV

3,474

3,307

167

5.05%

3

Glanza

B2

Hatch

3,365

4,223

-858

-20.32%

4

Fortuner

D2

SUV

3,108

3,426

-318

-9.28%

5

Vellfire

D2

MPV

239

60

179

298.33%

6

Hilux

D2

Pickup

223

15

208

1386.67%

7

Camry

D2

Sedan

98

67

31

46.27%

Toyota  — 6-Month Sales Trend (Oct 2022 - Mar 2023)

TOYOTA CARS 6 MONTH SALES TREND

OCT 2022 - MAR 2023

Model

Segment

Body-Type

Oct 2022

Nov 2022

Dec 2022

Jan 2023

Feb 2023

Mar 2023

6 Month Avg

Camry

D2

Sedan

68

59

118

71

59

67

74

Fortuner

D2

SUV

2,935

2,031

1,967

1,603

3,698

3,426

2,610

Glanza

B2

Hatch

3,528

3,767

4,393

4,465

3,327

4,223

3,951

Hilux

D2

Pickup

2

75

37

5

1

15

23

Hyryder

C

SUV

1,163

3,384

3,116

4,201

4,194

3,307

3,228

Innova Crysta/HyCross

D1

MPV

7,282

3,739

2,025

36

1,427

4,169

3,113

Urban Cruiser

B2

SUV

350

0

0

0

0

0

58

Vellfire

D2

MPV

50

88

109

40

22

60

62

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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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