Interesting. I've looked at some of their electric and hybrid options; nice cars. Is it possible that Americans are realizing their next car will need to be an electric or hybrid electric vehicle and many are saying: Not yet. I know that's the case for all of us in my family.
For 1Q23, Toyota division was -9% YoY while Lexus division was +6% YoY. (Both figures for North America only.) Clearly, 1Q23 was tilted more heavily toward high-end buyers than 1Q22.