Toyota and Lexus Sales Show Signs of Cooling Down: Electric Vehicles Provide a Silver Lining. After a blistering start to the year, Toyota and its luxury sibling Lexus have seen their sales momentum slow in recent weeks. Despite a strong March 2025 setting the bar high, the Japanese automakers' overall sales declined last month, with the pace of decline varying between the two brands. However, a glimmer of hope lies in the rising demand for electric vehicles (EVs) at the two brands, which bucked the trend and saw an increase in sales. As the automotive industry continues to navigate a rapidly shifting landscape, these mixed results offer a nuanced look at the current market and the evolving preferences of consumers.
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 ...