Toyota Canada Releases June and Q2 2023 Vehicle Sales Results

Record-setting electrified vehicles sales represented 44.5% of overall sales in Q2 2023

Lexus has best quarter ever, sets record for first six months of the year

Made-in-Canada vehicles leading the way for both Toyota and Lexus

TORONTO, Ontario – July 6, 2023 – Electrified vehicles again led the way for Toyota Canada Inc. (TCI) sales in Q2, representing 44.5% of overall sales, or 28,022 units. Both Toyota and Lexus divisions saw record electrified vehicle uptake during Q2.

Electrified vehicles represented 52.8% of overall Lexus units sold in Q2 2023, led by sales of the made-in-Canada NX Hybrid and RX Hybrid. Q2 also marked the start of sales for the brand’s first battery electric vehicle (BEV), the Lexus RZ.

Electrified vehicles also represented 43.1% of overall Toyota brand units sold in Q2, led by quarterly sales records for the RAV4 Hybrid, and Corolla Hybrid, as well as strong sales results for the Tundra Hybrid and bZ4X BEV.

Record quarter for Lexus

Following a record Q1, Lexus had its best quarter ever during Q2, selling 8,993 units, up 28.1% from Q2 2022, and setting a record for the first six months of a sales year.

Overall, TCI sold 62,972 vehicles in Q2 2023, down 1.3% from Q2 2022. Toyota division sold 53,979 units, down 4.9% from Q2 2022.

On a monthly basis, TCI sold 21,622 vehicles in June 2023, down 6.2% from June 2022. Toyota division sold 18,703 units, down 1.6% from June 2022. Lexus division sold 2,919 units, up 49.4% from June 2022.

Made-in-Canada vehicles continue to lead the way

Toyota and Lexus vehicles assembled in Canada continued to lead the way in Q2. Sales of the best-selling passenger vehicle in Canada, the Toyota RAV4, were up 14.7%, with a record Q2. Meanwhile, Lexus NX and RX sales reached record Q2 sales, including records for their respective Hybrid versions.

About Toyota Canada Inc.

Toyota Canada Inc. (TCI) is the exclusive Canadian distributor of Toyota and Lexus vehicles. Toyota has sold over six million vehicles in Canada through a national network of 287 Toyota and Lexus dealerships. Toyota is dedicated to bringing safety, quality, dependability and reliability to the vehicles Canadians drive and the service they receive. TCI’s head office is in Toronto, with regional offices in Vancouver, Calgary, Montreal and Halifax, and parts distribution centres in Clarington and Vancouver. Toyota also operates two manufacturing facilities in Canada. Having produced more than nine million vehicles, popular Canadian models built at these facilities include Toyota RAV4, Toyota RAV4 Hybrid, Lexus RX 350 and RX 450h hybrid, as well as Lexus NX 250, NX 350 and NX 350h hybrid. The company has sold more than 19 million electrified vehicles worldwide and is the number one seller of electrified vehicles in Canada.

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