Toyota Canada Releases October Sales Results

TORONTO, Ontario (November 1, 2024) – Toyota Canada Inc. (TCI) continues to see strong demand for its electrified vehicles, reaching a monthly record of 11,167 electrified units sold in October 2024, up 27.3% year-over-year.

These electrified vehicles sales represented 56.4% of overall October TCI sales. For the Toyota Division, electrified vehicles sales represented 56.8% of all units sold in October 2024 while electrified vehicles represented 53.8% of all Lexus Division units sold in October 2024.

A total of 3,563 Zero-Emission Vehicles (ZEV, comprised of EV, PHEV and FCEV) units were among the electrified Toyota and Lexus vehicles sold in October, representing a record October for ZEV sales volume. These strong ZEV sales were helped by a record month for Toyota RAV4 Prime (up 197.0%) as well as a record October month for bZ4X (up 111.3%).

Numerous hybrid-powered nameplates reached October sales records, including:

• Corolla Hybrid (up 57.3%)
• Camry Hybrid (up 66.3%)
• Highlander Hybrid (up 101.1%)
• Sequoia Hybrid (up 67.9%)
• Lexus RX Hybrid (up 4.4%)

Toyota Canada Inc. (TCI) sold 19,803 vehicles in October 2024, down 10.2% from October 2023.

Toyota division saw October sales of 17,275 units sold, down 11.1% from October 2023.

Lexus division saw October sales of 2,528 units sold, down 3.2% from October 2023.

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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