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

In this May 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.

May 2023 Toyota Car Sales Analysis

May 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 Fortuner was the top YoY gainer, with a growth of 144%.
  • Glanza reported a growth of 75.44% in May YoY comparison analysis, whereas Camry premium sedan reported a 34% YoY growth in May
  • Innova dispatches dropped by 184% in May 2023 compared to May 2022, but it has become the top-selling car for Toyota after the generation update and introduction of the Hycross flavour of the Innova.
  • Speaking of low-volume Toyotas, the Hilux saw a YoY decline of 361% in May 2023 comparison and was the top loser in Toyota’s stable, followed by Vellfire MPV, which saw an 88.64% drop in sales numbers.

TOYOTA CAR SALES - MAY 2023

YOY CHANGE

Rank

Model

Segment

Body-Type

May 2023

May 2022

Change

%Change

Trend

1

Innova Crysta/HyCross

D1

MPV

7,776

2,737

5,039

184.11%

2

Glanza

B2

Hatch

5,179

2,952

2,227

75.44%

3

Hyryder

C1

SUV

3,090

-

-

-

-

4

Fortuner

D2

SUV

2,887

1,184

1,703

143.83%

5

Hilux

D2

Pickup

300

65

235

361.54%

6

Camry

D2

Sedan

142

106

36

33.96%

7

Vellfire

D2

MPV

5

44

-39

-88.64%

8

Urban Cruiser

B2

SUV

-

3,128

-

-

-

May 2023 - Toyota Car Sales Figures - MoM Change

  • Most mass-market cars from Toyota saw a decline in MoM sales comparison for May 2023, with the exception of Glanza and Hilux.
  • The Glanza witnessed a MoM sales growth of about 42% and was the top gainer, whereas the Hilux reported a 11.52% growth in MoM comparison analysis.
  • The Innova reported the worst decline figures among mass-market cars from Toyota, with 61% plus MoM drop.

TOYOTA CAR SALES - MAY 2023

MOM CHANGE

Rank

Model

Segment

Body-Type

May 2023

Apr 2023

Change

%Change

Trend

1

Innova Crysta/HyCross

D1

MPV

7,776

4,837

2,939

60.76%

2

Glanza

B2

Hatch

5,179

3,653

1,526

41.77%

3

Hyryder

C1

SUV

3,090

2,616

474

18.12%

4

Fortuner

D2

SUV

2,887

2,578

309

11.99%

5

Hilux

D2

Pickup

300

269

31

11.52%

6

Camry

D2

Sedan

142

63

79

125.4%

7

Vellfire

D2

MPV

5

146

-141

-96.58%

Toyota  — 6-Month Sales Trend (Dec 2022 - May 2023)

TOYOTA CARS 6 MONTH SALES TREND

DEC 2022 - MAY 2023

Model

Segment

Body-Type

Dec 2022

Jan 2023

Feb 2023

Mar 2023

Apr 2023

May 2023

6 Month Avg

Camry

D2

Sedan

71

59

67

98

63

142

83

Fortuner

D2

SUV

1,603

3,698

3,426

3,108

2,578

2,887

2,883

Glanza

B2

Hatch

4,465

3,327

4,223

3,365

3,653

5,179

4,035

Hilux

D2

Pickup

5

1

15

223

269

300

136

Hyryder

C1

SUV

4,201

4,194

3,307

3,474

2,616

3,090

3,480

Innova Crysta/HyCross

D1

MPV

36

1,427

4,169

8,075

4,837

7,776

4,387

Vellfire

D2

MPV

40

22

60

239

146

5

85

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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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