TMNA JUNE AND FIRST HALF 2024 SALES RESULTS

[Motor]

Toyota Motor North America Reports U.S. June and First Half 2024 Sales Results - Lexus USA Newsroom

PLANO, Texas (July 2, 2024) – Toyota Motor North America (TMNA) reported U.S. June sales of 193,120 vehicles, down 1.2 percent on a volume and daily selling rate (DSR) basis versus June 2023. June electrified vehicle sales totaled 84,781, up 64.5 percent on a volume basis and DSR basis...

pressroom.lexus.com

• More than 454,000 electrified vehicles sold in first half of 2024; represents 38.3 percent of total sales volume
• 29 electrified Toyota and Lexus vehicle options available at dealerships, the most among any automaker
• Toyota remains the industry’s number one retail brand in first half
• Lexus records its best-ever first half sales in its 35-year history

Lexus division posted June sales of 28,343 vehicles, up 5.9 percent on a volume and DSR basis. For the second quarter, the division sold 88,740 vehicles, up 9.3 percent on a volume and DSR basis. For the first half, the division sold 167,211 vehicles, up 11.9 percent on a volume basis and up 10.5 percent on an DSR basis.

Lexus Division:

• Best-ever first half total sales
• June sales up 5.9 percent
• Second quarter sales up 9.3 percent
• First half sales up 11.9 percent
• June electrified vehicle sales up 33.7 percent; represents 35.9 percent of total sales volume
• First half electrified vehicle sales up 46.5 percent; represents 36.5 percent of total sales volume
• First half SUV sales up 15.7 percent

 

[F1 Silver Arrows]

Does anyone know how they're doing in comparison to BMW?

I know the order goes something like: BMW > Lexus > Mercedes-Benz > Audi

 

[Kelvin2020]

BMW and MB didn’t announce the number yet. On the other hand Audi down 12% in Q2, and down 14% YTD

 

[mikeavelli]

Even with the hiccups what a 6 months for Lexus.

 

[Flagship1]

If toyota is down 1.2% whats the red elsewhere?

So far double digits in the other japan luxury marques

 

[Flagship1]

Highlander sales are down 47%, does indicate this is bowing out and the GH taking over?

In addition will this make Toyota reevaluate their current onslaught of multiple products that overlap closer then ever (ie venza, rav4, and crown cuv, highlander and grand highlander, LC/4R/sequoia, and camry, avalon and ES)?

 

[mikeavelli]

Highlander sales are down 47%, does indicate this is bowing out and the GH taking over?

In addition will this make Toyota reevaluate their current onslaught of multiple products that overlap closer then ever (ie venza, rav4, and crown cuv, highlander and grand highlander, LC/4R/sequoia, and camry, avalon and ES)?

Will be interesting to see. There is price overland and GH is just better.

 

[qtb007]

Highlander and Grand Highlander come out of the same plant and Toyota didn't add considerable capacity to the Indiana plant when the GH and TX were introduced. It was always expected to steal some Highlander sales simply because they were taking up space that used to be dedicated to Highlander.

Model	YTD 2024	YTD 2023
Highlander	60,108	113,264
Grand Highlander	55,382	159
Sienna	32,868	27,940
TX	21,322	0
Total	169,680	141,363

 

[Madridismo1902]

Whatever they said, Lexus will always be the best.

 

[mikeavelli]

The success of the Lexus SUVs is amazing. And there just seems to be minimal cannibalization which is amazing. RZ, UX and LX are the niche players and GX has turned into a volume player. TX is the new volume player. NX sales have been amazing.

The originator, the RX, hasn’t lost a step.

 

[Madridismo1902]

Well said man. My car instead consist of several parts of Toyota Vios. But still, has an Lexus majority part.

 

[Motor]

Toyota Motor Europe posts a record first half year sales

Toyota Motor Europe (TME) vehicle sales up +9% year-on-year in the first half of 2024, an all-time high for the period (1) TME’s total electrified sales mix has now reached 74% of vehicles sold in Europe Toyota remains 2nd best-selling passenger car brand in Europe with sales growth of +9% Lexus...

newsroom.toyota.eu

• Toyota Motor Europe (TME) vehicle sales up +9% year-on-year in the first half of 2024, an all-time high for the period (1)
• TME’s total electrified sales mix has now reached 74% of vehicles sold in Europe
• Toyota remains 2nd best-selling passenger car brand in Europe with sales growth of +9%
• Lexus is one of the fastest growing premium brands as sales increase by +21% year-on-year
• Toyota Professional sales expanded by +10% year-on-year with electrified options on all models

 

[F1 Silver Arrows]

Toyota Motor Europe posts a record first half year sales

Toyota Motor Europe (TME) vehicle sales up +9% year-on-year in the first half of 2024, an all-time high for the period (1) TME’s total electrified sales mix has now reached 74% of vehicles sold in Europe Toyota remains 2nd best-selling passenger car brand in Europe with sales growth of +9% Lexus...

newsroom.toyota.eu

• Toyota Motor Europe (TME) vehicle sales up +9% year-on-year in the first half of 2024, an all-time high for the period (1)
• TME’s total electrified sales mix has now reached 74% of vehicles sold in Europe
• Toyota remains 2nd best-selling passenger car brand in Europe with sales growth of +9%
• Lexus is one of the fastest growing premium brands as sales increase by +21% year-on-year
• Toyota Professional sales expanded by +10% year-on-year with electrified options on all models

This is extremely good to see, but dear lord the LS needs help.

 

[ssun30]

The LC500h getting negligible sales in every market makes you wonder what's even the point of it. I wonder if they have sold more LC500h than LFAs.

 

[sl0519]

The LC500h getting negligible sales in every market makes you wonder what's even the point of it. I wonder if they have sold more LC500h than LFAs.

It would be a different story if it had the 5L V8 + hybrid.

 

[mikeavelli]

There is hardly any public awareness of the 500h. Part of the sales struggle everywhere. The V-8 got all the promotion.

 

[mikeavelli]

LBX outsold the UX but UX was close. I wonder if they will keep both.

 

[Kelvin2020]

Lexus sold 29,696 vehicles in August, an increase of 24.8% compared to last year.

This number is not even including the ongoing stop sale of TX.