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

In this December 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 Analysis

December 2023 - Toyota Car Sales Figures - YoY Change

  • Top Gainers (YoY):

    • Innova Crysta/HyCross (D1 - MPV): The Innova Crysta/HyCross showed an exceptional YoY growth of 21,655.56%, with sales increasing from 36 units in December 2022 to 7,832 units in December 2023. This significant surge could be attributed to various factors, including market demand, model updates, or promotional activities.
    • Fortuner (D2 - SUV): Fortuner experienced substantial YoY growth, with a remarkable increase of 93.64%. Sales rose from 1,603 units in December 2022 to 3,104 units in December 2023. This growth suggests continued popularity and demand for the Fortuner model in the SUV segment.
    • Hilux (D2 - Pickup): Hilux witnessed an outstanding YoY growth of 6,340%, with sales increasing from 5 units in December 2022 to 322 units in December 2023. The significant jump in sales could be influenced by factors such as market trends or specific customer preferences for pickup trucks.
    • Camry (D2 - Sedan): Camry showed a notable YoY growth of 153.52%, with sales rising from 71 units in December 2022 to 180 units in December 2023. This increase could be attributed to factors like model updates, promotional campaigns, or changes in consumer preferences.
  • Top Losers (YoY):

    • Glanza (B2 - Hatch): Glanza experienced a YoY decline of -8.44%, with sales dropping from 4,465 units in December 2022 to 4,088 units in December 2023. The decline could be influenced by factors such as increased competition in the hatchback segment or changes in consumer preferences.
    • Vellfire (D2 - MPV): Vellfire witnessed a YoY decline of -7.5%, with sales decreasing from 40 units in December 2022 to 37 units in December 2023. Factors such as market dynamics, competition, or supply chain challenges may have contributed to this decrease.

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TOYOTA CAR SALES - DECEMBER 2023

YOY CHANGE

Rank

Model

Segment

Body-Type

Dec 2023

Dec 2022

Change

%Change

Trend

1

Innova Crysta/HyCross

D1

MPV

7,832

36

7,796

21655.56%

2

Hyryder

C1

SUV

4,976

4,201

775

18.45%

3

Glanza

B2

Hatch

4,088

4,465

-377

-8.44%

4

Fortuner

D2

SUV

3,104

1,603

1,501

93.64%

5

Rumion

D1

MPV

833

-

-

-

-

6

Hilux

D2

Pickup

322

5

317

6340%

7

Camry

D2

Sedan

180

71

109

153.52%

8

Vellfire

D2

MPV

37

40

-3

-7.5%

December 2023 - Toyota Car Sales Figures - MoM Change

  • Top Gainers (MoM):

    • Hyryder (C1 - SUV): Hyryder showed the highest month-on-month (MoM) growth, with sales increasing by 65.59%. The number of units sold rose from 3,005 in November 2023 to 4,976 in December 2023. This substantial growth indicates increased demand for the SUV, possibly due to factors such as promotional activities, seasonal trends, or consumer preferences.
    • Fortuner (D2 - SUV): Fortuner exhibited significant MoM growth, with sales increasing by 65.46%. The number of units sold rose from 1,876 in November 2023 to 3,104 in December 2023. This surge could be attributed to various factors, including marketing strategies, year-end promotions, or other market dynamics.
    • Innova Crysta/HyCross (D1 - MPV): Innova Crysta/HyCross saw a notable MoM growth of 13.34%, with sales increasing from 6,910 units in November 2023 to 7,832 units in December 2023. This increase suggests sustained demand for this MPV model, possibly due to its features, reputation, or competitive pricing.
  • Top Losers (MoM):

    • Vellfire (D2 - MPV): Vellfire experienced the most significant MoM decline, with sales dropping by -30.19%. The number of units sold decreased from 53 in November 2023 to 37 in December 2023. This decline may be influenced by factors such as supply chain challenges, market dynamics, or specific trends in the MPV segment.
    • Camry (D2 - Sedan): Camry witnessed a MoM decline of -9.09%, with sales dropping from 198 units in November 2023 to 180 units in December 2023. Factors such as seasonality, model updates, or changes in consumer preferences could contribute to this decrease.

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TOYOTA CAR SALES - DECEMBER 2023

MOM CHANGE

Rank

Model

Segment

Body-Type

Dec 2023

Nov 2023

Change

%Change

Trend

1

Innova Crysta/HyCross

D1

MPV

7,832

6,910

922

13.34%

2

Hyryder

C1

SUV

4,976

3,005

1,971

65.59%

3

Glanza

B2

Hatch

4,088

3,950

138

3.49%

4

Fortuner

D2

SUV

3,104

1,876

1,228

65.46%

5

Rumion

D1

MPV

833

718

115

16.02%

6

Hilux

D2

Pickup

322

214

108

50.47%

7

Camry

D2

Sedan

180

198

-18

-9.09%

8

Vellfire

D2

MPV

37

53

-16

-30.19%

Toyota  — 6-Month Sales Trend (July 2023 - December 2023)

TOYOTA CARS 6 MONTH SALES TREND

JUNE 2023 - DECEMBER 2023

Model

Segment

Body-Type

Jul 2023

Aug 2023

Sep 2023

Oct 2023

Nov2023

Dec 2023

6 Month Avg

Innova Crysta/HyCross

D1

MPV

8,935

8,666

8,900

6,910

7,832

8,326

8,262

Glanza

B2

Hatch

4,902

2,932

4,727

3,950

4,088

4,117

4,119

Hyryder

C1

SUV

3,387

4,121

3,804

3,005

4,976

3,521

3,802

Fortuner

D2

SUV

3,129

2,825

2,874

1,876

3,104

2,711

2,753

Rumion

D1

MPV

-

112

1,461

718

833

514

728

Camry

D2

Sedan

190

181

259

198

180

202

202

Hilux

D2

Pickup

216

133

143

214

322

201

205

Vellfire

D2

MPV

0

0

0

53

37

9

17

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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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