TOYOTA MOTOR NORTH AMERICA REPORTS  YEAR-END 2022 U.S. SALES RESULTS

TOYOTA MOTOR NORTH AMERICA REPORTS YEAR-END 2022 U.S. SALES RESULTS

  • Total electrified vehicle sales – battery, hybrids, plug-ins and fuel cells – make up nearly one-quarter of total sales volume
  • 20 electrified vehicle options available, the most among any automaker with more in showrooms throughout 2023
  • Toyota is projected to be the number one retail brand for the 11th consecutive year
  • Toyota Camry, Highlander, RAV4, Sienna, Tacoma and Lexus NX projected to be best-selling models in their respective segments

PLANO, Texas (Jan. 4, 2023) – Toyota Motor North America (TMNA) today reported year-end 2022 U.S. sales of 2,108,458 vehicles, a decrease of 9.6 percent on a volume basis and a decrease of 9.9 percent on a daily selling rate (DSR) basis compared to 2021.

The company reported U.S. fourth quarter 2022 sales of 536,740 vehicles, an increase of 13.1 percent on a volume basis and DSR basis compared to the fourth quarter of 2021. U.S. December 2022 sales totaled 180,147 vehicles, an increase of 3.5 percent on a volume basis and DSR basis compared to December 2021.

“In 2022, we further solidified our leadership position in electrified vehicles, and through our 20 electrified options, we’re giving customers a choice that fits their lifestyle and needs,” said Jack Hollis, executive vice president, Sales, TMNA. “Thanks to our manufacturing team and outstanding dealers, we are focused on delivering world-class service and products to customers, and preparing to introduce nearly two dozen all-new, refreshed or special edition vehicles in 2023, including sedans and even more electrified options.”

2022 Highlights

TMNA:

  • 20 total electrified vehicles currently available in dealerships between both the Toyota and Lexus brands, the most among any automaker
  • 2022 electrified vehicle sales of 504,016 represent nearly 24% of total sales volume
  • Projected to be the number one seller of passenger vehicles for the 11th consecutive year, and 19 of the last 20
  • December sales up 3.5%
  • December car division sales up 23.3%
  • Fourth quarter sales up 13.1%
  • Fourth quarter car division sales up 43.7%
  • Fourth quarter truck sales up 4.5%
  • Announced an additional $2.5 billion investment, for a total of $3.8 billion, at the company’s North Carolina manufacturing plant to produce batteries for hybrids and electric vehicles. It’s expected to start production in 2025 and provide 2,100 new jobs
  • TMNA’s digital retail sales of new vehicles through its SmartPath and Monogram platforms surged past 152,000 at more than 360 dealers; more than 100 dealers will go live on both platforms by summer 2023

Toyota Division:

  • 2022 electrified vehicles sales of 448,854 represent 24.3% of total sales volume
  • Projected to be the number one retail brand for the 11th consecutive year
  • December sales up 6.6%
  • December car sales up 26.5%
  • Fourth quarter division sales up 16.6%
  • Fourth quarter car sales up 43.7%
  • Fourth quarter SUV sales up 2.7%
  • Fourth quarter pickup sales up 32.5%
  • Fourth quarter truck sales up 7.7%
  • Corolla number one compact car in America
  • Camry number one passenger car in America for the 21st consecutive year
  • Tacoma number one small pickup in America for the 18th consecutive year
  • RAV4 best-selling SUV in the U.S. for 6th consecutive year
  • All-time best-ever year for:
    • GR86
    • Corolla Hybrid
    • Corolla Cross
    • RAV4 Hybrid
    • Tundra Hybrid

Lexus Division:

  • 2022 electrified vehicles sales of 55,162 represent 21.3% of total sales volume, a division record
  • December car division sales up 1.5%
  • December electrified vehicle sales up 22.3%
  • Fourth quarter car sales up 13.3%
  • Fourth quarter electrified vehicle sales up 20.1%
  • LUVs achieved top market share among luxury brands in 2022
  • All-time best-ever year for:
    • Electrified vehicle sales ratio of 21.4%
    • LC Hybrid
    • IS 500
    • NX Hybrid
    • NX Plug-in Hybrid

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About Toyota

Toyota (NYSE:TM) has been a part of the cultural fabric in the U.S. for more than 60 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our nearly 1,500 dealerships.

Toyota has created a tremendous value chain and directly employs more than 36,000 in the U.S. The company has contributed world-class design, engineering, and assembly of more than 30 million cars and trucks at our 9 manufacturing plants, 10 including our joint venture in Alabama that began production in September 2021. 

To help inspire the next generation for a career in STEM-based fields, including mobility, Toyota launched its virtual education hub at www.TourToyota.com with an immersive experience and chance to visit many of our U.S. manufacturing facilities. The hub also includes a series of free STEM-based lessons and curriculum through Toyota USA Foundation partners, virtual field trips and more. For more information about Toyota, visit www.toyotanewsroom.com.

Victor Vanov
469.292.1318
victor.vanov@toyota.com

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