Toyota Motor North America (TMNA) reported US. sales in June 2022 of 170,155 vehicles, down -17.9% on a volume basis and -21.1% daily selling rate (DSR) basis compared to June 2021. June 2022 sales of electrified vehicles totaled 39,965, or 23.5% of total monthly sales. Based on preliminary data, it looks like industry wide sales will decline ~-20%. ( US June Vehicle Sales Forecast is Down on Record Prices)
“Despite the ongoing inventory challenges, so far this year, we launched a number of highly anticipated new products, including the Toyota battery electric bZ4X, Tundra and hybrid Tundra, and the Lexus LX, while continuing to closely focus on taking care of our customers,” said Jack Hollis, executive vice president, Sales, TMNA. “Later this year, customers can expect even more electrified, refreshed and limited-edition Toyota and Lexus products.”
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During the first half of 2022, TMNA reported U.S. sales of 1,045,697 vehicles, down 19.1% on a volume basis and -19.6% on a DSR basis. First half electrified vehicle sales totaled 266,413, representing 25.5% of total year-to-date sales.
Toyota division posted June sales of 147,495 vehicles, down 18.3% on a volume basis and down 21.5% on a DSR basis. For the first half of 2022, Toyota division reported sales of 914,609 vehicles, down 19.4% on a volume basis and down 19.9% on a DSR basis.
Lexus division posted June sales of 22,660 vehicles, down 15.2% on a volume basis and down 18.4% on a DSR basis. For the first half of 2022, Lexus division reported sales of 131,088 vehicles, down 16.9% on a volume basis and down 17.4 on a DSR basis.
June and First Half 2022 Quick Look
TMNA
- First half sales of electrified vehicles represent 25.5% of total sales
- 20 electrified Toyota and Lexus vehicle options
- TMNA’s digital retail sales of new vehicles through its SmartPath and Monogram platforms surpassed 125,000 at nearly 230 dealers; an additional 105 dealers will go live on both platforms by the fourth quarter.
Toyota Division
- Best ever month Corolla Cross: 4,639
- Best ever month GR86: 6,116
- Best ever first half RAV4 Hybrid: 86,673
- Best ever first half GR86: 6,116
Lexus Division
- Best ever month NX PHV: 628
- Best ever first half RXhL: 6,116
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