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

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.

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

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

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