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

12 March 2024
By Prathu Sharma
0

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.

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

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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%
2	Hyryder	C1	SUV	5,543	4,194	1,349	32.16%
3	Glanza	B2	Hatch	3,740	3,327	413	12.41%
4	Fortuner	D2	SUV	3,213	3,698	-485	-13.12%
5	Rumion	D1	MPV	639	-	-	-	-
6	Camry	D2	Sedan	312	59	253	428.81%
7	Hilux	D2	Pickup	289	1	288	28800%
8	Vellfire	D2	MPV	61	22	39	177.27%

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%
2	Hyryder	C1	SUV	5,543	4,976	567	11.39%
3	Glanza	B2	Hatch	3,740	4,088	-348	-8.51%
4	Fortuner	D2	SUV	3,213	3,104	109	3.51%
5	Rumion	D1	MPV	639	833	-194	-23.29%
6	Camry	D2	Sedan	312	180	132	73.33%
7	Hilux	D2	Pickup	289	322	-33	-10.25%
8	Vellfire	D2	MPV	61	37	24	64.86%

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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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.