TORONTO, Ontario, January 3, 2019 – A strong December capped another record year for Toyota Canada Inc. (TCI), reporting its best sales year ever in 2018, with overall annual sales growth of 3.2% and 231,646 vehicles sold.
TCI’s Toyota division saw sales growth of 3.9% with a total of 207,535 units sold in 2018. The Lexus division reported its second-best sales year ever with 24,111 units sold, down 2.6% compared to 2017.
“We’d like to give a big shout out to our dealers and customers across Canada - without them, this fantastic year would not have been possible,” said Larry Hutchinson, President and CEO, TCI.
Strong December sales
In December, TCI’s overall sales were up 25.8% with 15,865 units sold. The company’s Toyota division reported sales of 14,153 units last month (up 28%) while Lexus division sales were up 10.1% with 1,712 units sold.
Hybrid sales continue to climb
TCI’s hybrid vehicle sales also continued to climb in 2018. With 23,909 Toyota and Lexus hybrid units sold, TCI reported its best year ever, up 17.9% compared to 2017. Hybrid vehicle sales represented 10.3% of TCI’s overall sales in 2018.
Looking forward to 2019
“Moving into 2019, I believe we have even more to look forward to,” Hutchinson added. “The launch of Lexus UX and all new models of the Toyota RAV4 and Toyota Corolla will highlight what should be another great year for Toyota Canada.”
Additional 2018 Sales Highlights:
TCI December Sales Highlights:
Please click here for full TCI December sales results.
About Toyota Canada Inc.
Toyota Canada Inc. (TCI) is the exclusive Canadian distributor of Toyota and Lexus vehicles. Toyota has sold over 8 million vehicles in Canada through a national network of 287 Toyota and Lexus dealerships. Toyota is dedicated to bringing safety, quality, dependability and reliability in the vehicles Canadians drive and the service they receive. TCI’s head office is located in Toronto, with regional offices in Vancouver, Calgary, Montreal and Halifax and parts distribution centres in Toronto and Vancouver. Toyota operates two manufacturing facilities in Canada. Having produced more than eight million vehicles, popular Canadian models built at these facilities include Toyota RAV4, Toyota Corolla, Lexus RX 350 and RX 450h hybrid. Recent investments at its facilities in Ontario will allow for increased production of the top-selling Toyota RAV4 and RAV4 Hybrid models.
Every effort has been made to ensure the product specifications, equipment, and content on this site are accurate based on information available at time of publishing. In some cases, certain changes in standard equipment or options may occur, which may not be reflected online. Toyota Canada reserves the rights to make these changes without notice or obligation.