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

09 January 2024
By Prathu Sharma
0

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.

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.