Toyota Motor North America Reports March, First Quarter 2022 US Sales

Rhea-AI Summary

Toyota Motor North America (TM) reported March 2022 U.S. sales of 194,178 vehicles, down 23.5% year-over-year, and first-quarter sales of 514,592 vehicles, down 14.7%. Electrified vehicle sales for Q1 reached 132,938, comprising 25.8% of total sales—up from 22.9% last year. The Toyota division sold 170,664 vehicles in March, while the Lexus division had 23,514. Notably, the company's GR86 and RAV4 Hybrid saw remarkable sales increases of over 200% and 34.9%, respectively. Toyota remains the top seller of electrified vehicles for the 89th consecutive quarter.

Positive

• Electrified vehicle sales accounted for 25.8% of total sales in Q1, up from 22.9% the previous year.
• GR86 sales surged by 200.6% in March and 326.3% for the quarter.
• RAV4 Hybrid sales increased by 34.9% in March and 32.2% for the quarter.

Negative

• Total vehicle sales in March decreased by 23.5% year-over-year.
• First-quarter sales down 14.7%, showing a declining trend.
• Lexus division sales down 29.1% in March and 13.3% for the quarter.

• Sales of electrified vehicles represent nearly 26 percent of total sales for the first quarter
• Number one seller of electrified vehicles for the 89th consecutive quarter
• 18 electrified Toyota and Lexus vehicle options, with three more available by summer 2022

PLANO, Texas, April 1, 2022 /PRNewswire/ -- Toyota Motor North America (TMNA) today reported March 2022 U.S. sales of 194,178 vehicles, down 23.5 percent on a volume basis and down 26.3 percent on a daily selling rate (DSR) basis versus March 2021.

For the first quarter, TMNA reported sales of 514,592 vehicles, down 14.7 percent on a volume basis and down 15.8 percent on a DSR basis versus March 2021. Sales of electrified vehicles for the first quarter totaled 132,938, representing nearly 25.8 percent of TMNA's total volume, up from 22.9 percent during the same period last year.

Toyota division posted March sales of 170,664 vehicles, down 22.6 percent on a volume basis and down 25.5 percent on a DSR basis. For the quarter, Toyota division reported sales of 450,227 vehicles, down 14.9 percent on a volume basis and down 16.0 percent on a DSR basis.

Lexus division posted March sales of 23,514 vehicles, down 29.1 percent on a volume basis and down 31.8 percent on a DSR basis. For the quarter, Lexus reported sales of 64,365 vehicles, down 13.3 percent on a volume basis and down 14.5 percent on a DSR basis.

"We thank our loyal customers for their continued trust in the Toyota and Lexus brands and their patience as we work around the clock to ensure their needs are satisfied," said Jack Hollis, senior vice president, automotive operations, TMNA.  "As we work through the ever-changing market dynamics, our customers can depend on our diverse lineup of sedans, trucks, utilities and electrified vehicles for their lifestyle."

March and First Quarter 2022 Highlights 

TMNA:

• March sales of electrified vehicles represent 25.4 percent of total sales volume
• First quarter sales of electrified vehicles represent 25.8 percent of total sales volume
• Number one seller of electrified vehicles for the 89^th consecutive quarter
• 18 electrified Toyota and Lexus vehicle options

Toyota Division:

• GR86 sales up 200.6 percent in March on a volume basis; up 326.3 percent for the quarter on a volume basis
• RAV4 Hybrid sales up 34.9 percent in March on a volume basis; up 32.2 percent for the quarter on a volume basis
• RAV4 Prime plug-in hybrid (PHEV) sales up 42.3 percent in March on a volume basis; up 87.4 percent for the quarter on a volume basis
• Best-ever March sales: 
• GR86
• Corolla Cross
• RAV4 Hybrid
• RAV4 Prime
• Best-ever first quarter sales:
• GR86
• Corolla Hybrid
• Corolla Cross
• Highlander
• Total Highlander (gas + hybrid)
• RAV4 Hybrid
• RAV4 Prime

Lexus Division:

• March sales of electrified vehicles totaled 5,683, up less than one percent on a volume basis
• First quarter sales of electrified vehicles totaled 13,116, up nearly one percent on a volume basis
• ES Hybrid sales up 5.4 percent in March on a volume basis; up 23.0 percent for the quarter on a volume basis
• NX Hybrid sales up 38.2 percent in March on a volume basis
• Best-ever March sales: 
• Total electrified vehicles
• IS 500
• NX Hybrid
• NX PHEV
• Best-ever first quarter:
• Total electrified vehicles
• IS 500
• LCh
• NX PHEV
• RXL
• RXhL

Note:
HEV = Hybrid Electric Vehicle
PHEV = Plug-In Hybrid Electric Vehicle

About Toyota
Toyota (NYSE:TM) has been a part of the cultural fabric in the U.S. for more than 60 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our nearly 1,500 dealerships.  

Toyota directly employs more than 39,000 people in the U.S. who have contributed to the design, engineering, and assembly of nearly 32 million cars and trucks at our nine manufacturing plants.  By 2025, Toyota's 10th plant in North Carolina will begin to manufacture automotive batteries for electrified vehicles. With more electrified vehicles on the road than any other automaker, a quarter of the company's 2021 U.S. sales were electrified.

To help inspire the next generation for a career in STEM-based fields, including mobility, Toyota launched its virtual education hub at www.TourToyota.com with an immersive experience and chance to virtually visit many of our U.S. manufacturing facilities. The hub also includes a series of free STEM-based lessons and curriculum through Toyota USA Foundation partners, virtual field trips and more. For more information about Toyota, visit www.ToyotaNewsroom.com.

Media Contacts:
Victor Vanov
469-292-1318
victor.vanov@toyota.com

Media Websites:	ToyotaNewsroom.com
	LexusNewsroom.com

 

TOYOTA  U.S. SALES SUMMARY
March 2022
	-- CURRENT MONTH --				-- CALENDAR YEAR TO DATE --
	2022	2021	DSR %	VOL %	2022	2021	DSR %	VOL %
TOTAL TMNA	194,178	253,783	-26.3	-23.5	514,592	603,066	-15.8	-14.7
TOTAL TOYOTA DIV.	170,664	220,597	-25.5	-22.6	450,227	528,813	-16.0	-14.9
TOTAL LEXUS DIV.	23,514	33,186	-31.8	-29.1	64,365	74,253	-14.5	-13.3
COROLLA	16,911	30,908	-47.3	-45.3	47,501	72,520	-35.4	-34.5
SUPRA	439	828	-48.9	-47.0	1,107	1,725	-36.7	-35.8
GR86 (INCL FR-S)	1,001	333	189.5	200.6	3,257	764	320.6	326.3
MIRAI	406	715	-45.3	-43.2	715	869	-18.8	-17.7
AVALON	726	2,125	-67.1	-65.8	2,155	5,136	-58.6	-58.0
PRIUS	3,631	6,889	-49.2	-47.3	10,278	14,050	-27.8	-26.8
CAMRY	26,228	32,541	-22.4	-19.4	61,505	78,151	-22.3	-21.3
TOTAL TOYOTA DIV. CAR	49,342	74,384	-36.1	-33.7	126,518	173,346	-28.0	-27.0
IS	1,570	2,514	-39.9	-37.5	4,462	6,028	-27.0	-26.0
RC	165	357	-55.5	-53.8	461	777	-41.5	-40.7
ES	3,823	4,664	-21.1	-18.0	10,051	10,192	-2.7	-1.4
LS	186	403	-55.6	-53.8	589	1,137	-48.9	-48.2
LC	153	238	-38.1	-35.7	442	654	-33.3	-32.4
TOTAL LEXUS DIV. CAR	5,897	8,183	-30.6	-27.9	16,005	18,840	-16.2	-15.0
TOTAL TMNA CAR	55,239	82,567	-35.6	-33.1	142,523	192,186	-26.8	-25.8
C-HR	1,808	4,513	-61.4	-59.9	4,255	10,401	-59.6	-59.1
RAV4	37,328	47,078	-23.6	-20.7	101,192	114,255	-12.6	-11.4
COROLLA CROSS	3,811	0	0	0	10,157	0	0	0
VENZA	2,636	6,512	-61.0	-59.5	10,836	13,623	-21.5	-20.5
HIGHLANDER	25,916	27,993	-10.8	-7.4	66,026	63,831	2.1	3.4
4RUNNER	10,245	12,955	-23.8	-20.9	34,907	37,263	-7.6	-6.3
SEQUOIA	55	752	-93.0	-92.7	422	2,037	-79.6	-79.3
LAND CRUISER	11	640	-98.3	-98.3	28	1,896	-98.5	-98.5
TOTAL TOYOTA DIV. SUV	81,810	100,443	-21.6	-18.6	227,823	243,306	-7.6	-6.4
SIENNA	6,840	11,796	-44.2	-42.0	20,061	26,578	-25.5	-24.5
TACOMA	21,712	26,993	-22.5	-19.6	53,182	66,449	-21.0	-20.0
TUNDRA	10,960	6,981	51.2	57.0	22,643	19,134	16.8	18.3
TOTAL TOYOTA DIV. PICKUP	32,672	33,974	-7.4	-3.8	75,825	85,583	-12.6	-11.4
TOTAL TOYOTA DIV. TRUCK	121,322	146,213	-20.1	-17.0	323,709	355,467	-10.1	-8.9
UX	1,466	1,826	-22.7	-19.7	3,643	3,993	-10.0	-8.8
NX	4,059	6,466	-39.6	-37.2	10,109	14,462	-31.0	-30.1
RX	9,754	12,950	-27.5	-24.7	26,795	27,941	-5.4	-4.1
GX	2,140	3,337	-38.2	-35.9	7,255	7,677	-6.8	-5.5
LX	198	424	-55.0	-53.3	558	1,340	-58.9	-58.4
TOTAL LEXUS DIV. TRUCK	17,617	25,003	-32.2	-29.5	48,360	55,413	-13.9	-12.7
TOTAL TMNA TRUCK	138,939	171,216	-21.9	-18.9	372,069	410,880	-10.7	-9.4
Selling Days	27	26			75	74
DSR = Daily Selling Rate
TOYOTA U.S. ELECTRIFIED VEHICLE SALES SUMMARY
March 2022
	-- CURRENT MONTH --				-- CALENDAR YEAR TO DATE --
	2022	2021	DSR %	VOL%	2022	2021	DSR %	VOL%
TOYOTA PRIUS HYBRID	2,681	3,279	-21.3	-18.2	7,692	7,051	7.6	9.1
TOYOTA PRIUS PRIME	950	3,610	-74.7	-73.7	2,586	6,999	-63.5	-63.1
TOYOTA COROLLA HYBRID	3,076	3,275	-9.6	-6.1	7,909	7,301	6.9	8.3
TOYOTA CAMRY HYBRID	2,988	4,171	-31.0	-28.4	8,010	10,264	-23.0	-22.0
TOYOTA AVALON HYBRID	374	909	-60.4	-58.9	1,295	2,088	-38.8	-38.0
TOYOTA MIRAI	406	715	-45.3	-43.2	715	869	-18.8	-17.7
TOYOTA SIENNA HYBRID	6,833	11,634	-43.4	-41.3	20,051	26,044	-24.0	-23.0
TOYOTA HIGHLANDER HYBRID	6,396	7,557	-18.5	-15.4	16,543	18,816	-13.3	-12.1
TOYOTA RAV4 HYBRID	15,771	11,692	29.9	34.9	38,952	29,471	30.4	32.2
TOYOTA RAV4 PRIME	1,585	1,114	37.0	42.3	5,233	2,792	84.9	87.4
TOYOTA VENZA HYBRID	2,636	6,512	-61.0	-59.5	10,836	13,623	-21.5	-20.5
LEXUS ES HYBRID	1,149	1,090	1.5	5.4	3,074	2,500	21.3	23.0
LEXUS UX HYBRID	922	1,323	-32.9	-30.3	2,497	2,898	-15.0	-13.8
LEXUS NX HYBRID	1,665	1,205	33.1	38.2	2,559	2,872	-12.1	-10.9
LEXUS NX PLUG-IN HYBRID	237	0	0	0	605	0	0	0
LEXUS RX HYBRID	1,708	2,046	-19.6	-16.5	4,370	4,730	-8.8	-7.6
LEXUS LS HYBRID	2	1	92.6	100	8	4	97.3	100
LEXUS LC HYBRID	0	0	0	0	3	3	-1.3	0
TOTAL TMNA Electrified Vehicles	49,379	60,133	-20.9	-17.9	132,938	138,326	-5.2	-3.9
TOTAL TOYOTA Electrified Vehicles	43,696	54,468	-22.7	-19.8	119,822	125,318	-5.7	-4.4
TOTAL LEXUS Electrified Vehicles	5,683	5,665	-3.4	0.3	13,116	13,008	-0.5	0.8
TOTAL TMNA SALES RATIO	25.4%	23.7%			25.8%	22.9%
Selling Days	27	26			75	74

 

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SOURCE Toyota Motor North America

FAQ

What were the March 2022 sales numbers for Toyota Motor North America (TM)?

In March 2022, TMNA reported U.S. sales of 194,178 vehicles.

How did electrified vehicle sales perform for TM in the first quarter of 2022?

Electrified vehicle sales totaled 132,938 units, representing 25.8% of total sales.

What percentage of total sales were electrified vehicles for TM in Q1 2022?

Electrified vehicles accounted for 25.8% of TMNA's total sales in Q1 2022.

How did the sales of the GR86 perform in March 2022?

GR86 sales increased by 200.6% in March 2022.

What is the sales performance trend for Lexus vehicles in March 2022?

Lexus sales fell by 29.1% in March 2022 compared to the previous year.