March 2024 Toyota Car Sales Analysis - YoY, MoM Change, 6-Month Trend | V3Cars

March 2024 - Toyota Car Sales Figures - YoY Change

• Model Performance:

  • Toyota's lineup in March 2024 includes a variety of models catering to different segments such as MPVs, SUVs, hatchbacks, sedans, and pickups.
  • The top-selling models in March 2024 include Innova Crysta + HyCross, Hyryder, Glanza, Fortuner, Rumion, Hilux, Camry, and Vellfire.

• YOY Changes:

  • Innova Crysta + HyCross stands out as the top-selling model with a significant YOY increase of 22.6% in sales. This indicates strong market acceptance and increased demand for this MPV model compared to the previous year.
  • Hyryder and Glanza also show impressive YOY increases in sales, with growth rates of 71.7% and 28.35% respectively. These substantial increases suggest positive market reception and heightened demand for these models compared to the previous year.
  • Fortuner, Hilux, and Camry experience moderate YOY increases in sales, indicating steady demand and positive trends for these models compared to the previous year.
  • Rumion and Vellfire are either newly introduced models or have limited availability, as indicated by the absence of sales data for the previous year.

• Trend Analysis:

  • The YOY increases in sales for most Toyota models reflect positive momentum and potential growth opportunities for the company in various segments of the automotive market.
  • The introduction of new models or updates to existing ones may have contributed to the overall growth and positive performance of Toyota's lineup in March 2024.

• Top Gainers and Losers:

  • Top Gainers:

    • Hyryder: Emerges as the top gainer with a significant YOY increase of 71.7% in sales, reflecting strong market acceptance and increased demand for this SUV model compared to the previous year.
    • Glanza: Shows impressive YOY growth of 28.35% in sales, indicating positive market reception and heightened demand for this hatchback model compared to the previous year.
    • Camry: Witnessed a remarkable YOY increase of 136.73% in sales, suggesting significant growth and positive market trends for this sedan model.

  • Top Losers:

    • Vellfire: Stands out as the top loser with a substantial YOY decrease of 84.1% in sales, indicating challenges or decreased demand for this MPV model compared to the previous year.

March 2024 - Toyota Car Sales Figures - MoM Change

• Model Performance:

  • Toyota's lineup in March 2024 maintains a diverse range of models catering to various segments such as MPVs, SUVs, hatchbacks, sedans, and pickups.
  • The top-selling models in March 2024 include Innova Crysta + HyCross, Hyryder, Glanza, Fortuner, Rumion, Hilux, Camry, and Vellfire.

• MOM Changes:

  • Innova Crysta + HyCross remains the top-selling model with a MOM increase of 16.73% in sales. This indicates continued strong market acceptance and increased demand for this MPV model compared to the previous month.
  • Hyryder, Fortuner, and Camry also experience MOM increases in sales, suggesting positive trends and steady demand for these models compared to the previous month.
  • Glanza, Rumion, Hilux, and Vellfire witness MOM decreases in sales, indicating potential challenges or fluctuations in demand for these models compared to the previous month.

• Trend Analysis:

  • The MOM changes in sales for Toyota's models reflect varying degrees of performance and market dynamics within different segments of the automotive market.
  • Despite some fluctuations, models like Innova Crysta + HyCross and Hyryder demonstrate overall positive trends and sustained demand in their respective segments.

• Top Gainers and Losers:

  • Top Gainers:

    • Innova Crysta + HyCross: Remains a top gainer with a significant MOM increase of 16.73% in sales, reflecting strong market acceptance and sustained growth for this MPV model.
    • Fortuner: Shows a MOM increase of 6.66% in sales, indicating steady demand and positive market trends for this SUV model compared to the previous month.
    • Camry: Witnessed a MOM increase of 10.48% in sales, suggesting positive momentum and potential growth opportunities for this sedan model.

  • Top Losers:

    • Glanza: Emerges as the top loser with a MOM decrease of 5.72% in sales, indicating challenges or decreased demand for this hatchback model compared to the previous month.
    • Vellfire: Stands out as another top loser with a significant MOM decrease of 33.33% in sales, suggesting challenges or decreased demand for this MPV model compared to the previous month.

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Toyota  — 6-Month Sales Trend (October 2023 - March 2024)

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