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HomeNewsFebruary 2024 Toyota Car Sales Analysis Yoy Mom Change 6 Month Trend

Published : 12 March 2024

Read Time : 5 min

In this February 2024 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

February 2024 - Toyota Car Sales Figures - YoY Change

  • Top Gainers:
    • Hilux shows an astronomical increase of 28800%, albeit from a very low base, going from just 1 unit sold in January 2023 to 289 units in January 2024.
    • Innova Crysta/HyCross has an impressive growth of 558.72%, with sales jumping from 1,427 units to 9,400 units.
    • Camry also saw a significant rise of 428.81%, with sales increasing from 59 units to 312 units.
  • Top Losers:
    • Fortuner experienced the most considerable decline with a -13.12% decrease in sales, dropping from 3,698 units to 3,213 units.
  • Steady Performers:
    • Hyryder and Glanza show healthy growth rates of 32.16% and 12.41% respectively, indicating a steady demand for these models.
  • New Entries:
    • Rumion is a new entrant in the lineup, with no previous year data for comparison.
  • Notable Observations:
    • The Vellfire has a notable increase of 177.27%, suggesting growing interest in luxury MPVs.
    • The SUV segment, particularly with the new HyCross variant of Innova, is showing strong growth, which might be due to consumer preference shifts or new features attracting buyer

Also read: Toyota Taisor Variant-Wise Expected Price — #WithLogic | V3Cars

TOYOTA CAR SALES - FEBRUARY 2024

YOY CHANGE

Rank

Model

Segment

Body-Type

Jan 2024

Jan 2023

Change

%Change

Trend

1

Innova Crysta/HyCross

D1

MPV

9,400

1,427

7,973

558.72%

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2

Hyryder

C1

SUV

5,543

4,194

1,349

32.16%

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3

Glanza

B2

Hatch

3,740

3,327

413

12.41%

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4

Fortuner

D2

SUV

3,213

3,698

-485

-13.12%

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5

Rumion

D1

MPV

639

-

-

-

-

6

Camry

D2

Sedan

312

59

253

428.81%

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7

Hilux

D2

Pickup

289

1

288

28800%

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8

Vellfire

D2

MPV

61

22

39

177.27%

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February 2024 - Toyota Car Sales Figures - MoM Change

  • Top Gainers:
    • Camry stands out with the highest percentage increase of 73.33%, growing from 180 units in December 2023 to 312 units in January 2024.
    • Innova Crysta/HyCross also shows robust growth, with a 20.02% increase, selling 1,568 more units in January 2024 compared to the previous month.
    • Vellfire has a significant increase of 64.86%, although on a smaller scale, going from 37 units to 61 units.
  • Top Losers:
    • Rumion experienced the largest percentage decrease of -23.29%, with sales dropping from 833 units to 639 units.
    • Glanza and Hilux also saw decreases in sales, with -8.51% and -10.25% respectively.
  • Steady Performers:
    • Hyryder and Fortuner displayed positive growth, with increases of 11.39% and 3.51% respectively.

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TOYOTA CAR SALES - FEBRUARY 2024

MOM CHANGE

Rank

Model

Segment

Body-Type

Jan 2024

Dec 2023

Change

%Change

Trend

1

Innova Crysta/HyCross

D1

MPV

9,400

7,832

1,568

20.02%

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2

Hyryder

C1

SUV

5,543

4,976

567

11.39%

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3

Glanza

B2

Hatch

3,740

4,088

-348

-8.51%

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4

Fortuner

D2

SUV

3,213

3,104

109

3.51%

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5

Rumion

D1

MPV

639

833

-194

-23.29%

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6

Camry

D2

Sedan

312

180

132

73.33%

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7

Hilux

D2

Pickup

289

322

-33

-10.25%

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8

Vellfire

D2

MPV

61

37

24

64.86%

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Toyota  — 6-Month Sales Trend (September 2023 - February 2024)

TOYOTA CARS 6 MONTH SALES TREND

SEPTEMBER 2023 - FEBRUARY 2024

Model

Segment

Body-Type

Sep 2023

Oct 2023

Nov 2023

Dec 2023

Jan 2024

Feb 2024

6 Month Avg

Innova Crysta/HyCross

D1

MPV

8,900

6,910

7,832

9,400

8,481

8,284

8,301

Hyryder

C1

SUV

3,804

3,005

4,976

5,543

5,601

4,486

4,569

Glanza

B2

Hatch

4,727

3,950

4,088

3,740

4,581

4,302

4,231

Fortuner

D2

SUV

2,874

1,876

3,104

3,213

3,395

2,823

2,881

Rumion

D1

MPV

1,461

718

833

639

730

862

874

Hilux

D2

Pickup

143

214

322

289

245

232

241

Camry

D2

Sedan

259

198

180

312

210

226

231

Vellfire

D2

MPV

0

53

37

61

57

35

41

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