Automotive Giant Slips into Slowdown: Toyota and Lexus Sales Dip Despite EV Growth Toyota and Lexus, two of the world's most recognizable luxury brands, have reported a decline in sales for the month of April, marking a reversal from the impressive numbers seen in March 2025. While electric vehicle (EV) sales at the brands continue to rise, overall sales have taken a hit, with Toyota experiencing a nearly even quarterly volume and Lexus sales slipping. The slowdown in sales comes as a surprise, given the momentum built up in the industry following a strong start to the year. As the global automotive market continues to evolve, it remains to be seen whether this dip is a temporary blip or a sign of a more significant shift in consumer preferences and market trends.
Toyota and Lexus sales fell last month compared with an especially strong March 2025, while EV sales at the brands rose. For the first quarter, Toyota volume was nearly even, while Lexus sales slipped ...