Toyota Motor North America Reports Year-End 2022 U.S. Sales Results

Total electrified vehicle sales – battery, hybrids, plug-ins and fuel cells – make up nearly one-quarter of total sales volume
20 electrified vehicle options available, the most among any automaker with more in showrooms throughout 2023
Toyota is projected to be the number one retail brand for the 11^th consecutive year
Toyota Camry, Highlander, RAV4, Sienna, Tacoma and Lexus NX projected to be best-selling models in their respective segments

PLANO, Texas (Jan. 4, 2023) – Toyota Motor North America (TMNA) today reported year-end 2022 U.S. sales of 2,108,458 vehicles, a decrease of 9.6 percent on a volume basis and a decrease of 9.9 percent on a daily selling rate (DSR) basis compared to 2021.

The company reported U.S. fourth quarter 2022 sales of 536,740 vehicles, an increase of 13.1 percent on a volume basis and DSR basis compared to the fourth quarter of 2021. U.S. December 2022 sales totaled 180,147 vehicles, an increase of 3.5 percent on a volume basis and DSR basis compared to December 2021.

“In 2022, we further solidified our leadership position in electrified vehicles, and through our 20 electrified options, we’re giving customers a choice that fits their lifestyle and needs,” said Jack Hollis, executive vice president, Sales, TMNA. “Thanks to our manufacturing team and outstanding dealers, we are focused on delivering world-class service and products to customers, and preparing to introduce nearly two dozen all-new, refreshed or special edition vehicles in 2023, including sedans and even more electrified options.”

2022 Highlights

TMNA:

20 total electrified vehicles currently available in dealerships between both the Toyota and Lexus brands, the most among any automaker
2022 electrified vehicle sales of 504,016 represent nearly 24% of total sales volume
Projected to be the number one seller of passenger vehicles for the 11^th consecutive year, and 19 of the last 20
December sales up 3.5%
December car division sales up 23.3%
Fourth quarter sales up 13.1%
Fourth quarter car division sales up 43.7%
Fourth quarter truck sales up 4.5%
Announced an additional $2.5 billion investment, for a total of $3.8 billion, at the company’s North Carolina manufacturing plant to produce batteries for hybrids and electric vehicles. It’s expected to start production in 2025 and provide 2,100 new jobs
TMNA’s digital retail sales of new vehicles through its SmartPath and Monogram platforms surged past 152,000 at more than 360 dealers; more than 100 dealers will go live on both platforms by summer 2023

Toyota Division:

2022 electrified vehicles sales of 448,854 represent 24.3% of total sales volume
Projected to be the number one retail brand for the 11^th consecutive year
December sales up 6.6%
December car sales up 26.5%
Fourth quarter division sales up 16.6%
Fourth quarter car sales up 43.7%
Fourth quarter SUV sales up 2.7%
Fourth quarter pickup sales up 32.5%
Fourth quarter truck sales up 7.7%
Corolla number one compact car in America
Camry number one passenger car in America for the 21^st consecutive year
Tacoma number one small pickup in America for the 18^th consecutive year
RAV4 best-selling SUV in the U.S. for 7^th consecutive year
All-time best-ever year for:
- GR86
- Corolla Hybrid
- Corolla Cross
- RAV4 Hybrid
- Tundra Hybrid

Lexus Division:

2022 electrified vehicles sales of 55,162 represent 21.3% of total sales volume, a division record
December car division sales up 1.5%
December electrified vehicle sales up 22.3%
Fourth quarter car sales up 13.3%
Fourth quarter electrified vehicle sales up 20.1%
LUVs achieved top market share among luxury brands in 2022
All-time best-ever year for:
- Electrified vehicle sales ratio of 21.4%
- LC Hybrid
- IS 500
- NX Hybrid
- NX Plug-in Hybrid

About Toyota

Toyota has been a part of the cultural fabric in the U.S. for more than 60 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our nearly 1,500 dealerships.

Toyota has created a tremendous value chain and directly employs more than 36,000 in the U.S. The company has contributed world-class design, engineering, and assembly of more than 30 million cars and trucks at our 9 manufacturing plants, 10 including our joint venture in Alabama that began production in September 2021.

To help inspire the next generation for a career in STEM-based fields, including mobility, Toyota launched its virtual education hub at www.TourToyota.com with an immersive experience and chance to visit many of our U.S. manufacturing facilities. The hub also includes a series of free STEM-based lessons and curriculum through Toyota USA Foundation partners, virtual field trips and more. For more information about Toyota, visit www.toyotanewsroom.com.