Toyota Motor North America's sales rose 3.5 percent in December to 180,147, as a single percentage-point gain from the Toyota brand offset a monthly loss from Lexus.
For the year, the Japanese automaker's sales declined 9.6 percent to finish at 2,108,458, after struggling throughout 2022 with ongoing supply and production constraints, the company said Wednesday.
Brands (December): Toyota, up 6.6%; Lexus, down 16%. (2022): Toyota, down 8.8%; Lexus, down 15%
Notable nameplates (December): Toyota RAV4, down 3.2%; Tacoma, up 7.4%; Camry, up 29%; Lexus RX, down 67%; NX, up 302%; ES, down 16%.
U.S. light-vehicle market share: 15.2 percent in 2022, down from 15.5 percent in 2021.
Inventory: 116,201 vehicles -- 18-day supply; Toyota division -- 92,677 units, 16-day supply; Lexus -- 23,524 vehicles, 33-day supply.
Incentives (Q4): $640 per vehicle, down 76% from a year earlier, TrueCar says.
Average transaction price (Q4): $40,370, up 15% from a year earlier, according to TrueCar.
Quote: “We are ...preparing to introduce nearly two dozen all-new, refreshed or special edition vehicles in 2023, including sedans and even more electrified options," said Jack Hollis, Toyota Motor North America's sales chief.
Did you know? After its problematic launch and monthslong stop-sale, the Toyota bZ4X battery-electric vehicle finished the year with 1,220 sales, well below the brand's goal of 7,000.
