As the automotive industry continues to navigate the shift towards electric vehicles, Toyota and its luxury subsidiary Lexus have seen a mixed bag of results in recent months. Despite a strong performance in March 2025, sales for both brands declined in the following month, a trend that has left industry observers wondering about the long-term implications of the industry's transition to EVs. Meanwhile, a silver lining has emerged for the Japanese automaker, with electric vehicle sales at Toyota and Lexus rising sharply. As the first quarter comes to a close, Toyota has managed to maintain its overall sales volume, but Lexus has seen a slight decline, sparking concerns about the brand's ability to adapt to the rapidly changing market.
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 ...