Toyota Canada Releases March and Q1 2023 Vehicle Sales Results

Record Q1 Electrified Vehicles Sales at 41.2% of overall Q1 sales
Lexus Sets March and Q1 Sales Records
Made in Canada Vehicles Led the Charge

TORONTO, Ontario – April 3, 2023 –Toyota Canada Inc. (TCI) sold 19,662 vehicles in March 2023, up 11.8% from March 2022.

Toyota division sold 16,747 units, up 11.0% from March 2022. Lexus division had a March sales record, selling 2,915 units, up 16.6% from March 2022.

On a quarterly basis, TCI sold 44,554 vehicles during Q1, up 9.7% from Q1 2022.

Toyota division sold 37,304 units, up 5.0% from Q1 2022. Lexus division had a Q1 sales record, selling 7,250 units, up 42.3% from Q1 2022.

Strong Q1 for electrified vehicles

Electrified vehicles represented 52.2% of TCI’s overall March sales and 41.2% of overall Q1 sales. Both Toyota and Lexus divisions saw record electrified vehicle uptake for the month of March and for Q1.

Toyota division electrified vehicles represented 40.6% of overall Toyota units sold in Q1 2023, led by RAV4 Hybrid Q1 sales record, but also by Corolla Hybrid and Highlander Hybrid, as well as strong Tundra Hybrid and bZ4X Q1 sales results.

Lexus division electrified vehicles represented 44.2% of overall Lexus units sold in Q1 2023, with electrified versions of the NX and RX all reaching Q1 sales records.

Made in Canada vehicles continue to lead the way

Vehicles assembled in Canada led the charge in Q1, both for Toyota and Lexus brands. Sales of the best-selling passenger vehicle in Canada in 2022, the Toyota RAV4, were up 66.9% for Q1, led by record February and March sales of the RAV4 Hybrid. Meanwhile, Lexus NX and RX sales reached record Q1 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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