Lexus Posts Best-Ever October Sales

For Immediate Release
                                                        LEX-56-01


                   Lexus Posts Best-Ever October Sales;
                     Year-to-Date Sales Up 9.1 Percent


     TORRANCE, Calif., Nov. 1, 2001 $B?(B Lexus ended the month with best-ever

October sales of 19,784, an increase of 8.6 percent from last year.

Year-to-date sales of 182,127 represent a 9.1 percent increase from 2000.

     Lexus$B!G(B record sales were led by the all-new, redesigned ES 300 entry

luxury sedan with sales of 5,726, up 73.2 percent from last October.  The

SC 430 hardtop convertible continued its strong pace with sales of 1,495.

The LS 430 premium luxury sedan posted sales of 2,260, while the GS

high-performance sedan series finished the month with 1,663 units sold.

The IS 300 reported sales of 1,597.

     Total passenger car sales for October totaled 12,741, up 17.6 percent

from last year.  Year-to-date passenger car sales of 111,044 represent a

37.6 percent increase from a year ago.

     Sales of the RX 300 mid-size luxury sport utility vehicle were up 0.5

percent with 6,228 units sold.  The LX 470 premium luxury SUV finished

October with sales of 815.  Month-end sales for Lexus SUVs were 7,043, down

a slight 4.6 percent from last year.  Year-to-date SUV sales of 71,083 are

down 17.6 percent.

     $B!H(BAlthough we were confident October sales would be solid, we were

truly surprised at the number of people who turned up at dealerships this

month,$B!I(B said Denny Clements, Lexus group vice president and general

manager.  $B!H(BAnd in addition to Lexus$B!G(B outstanding new vehicle sales, our

pre-owned sales were through the roof, despite a slow-down in this segment

of the market.$B!I(B

     Total Lexus pre-owned sales had a best-ever October with 4,921 units

sold, up 33.4 percent from last year.  Of those pre-owned sales, 3,009 were

Certified Pre-Owned representing a 51.1 increase from a year ago.

Year-to-date, pre-owned sales of 47,520 are up 20.3 percent, while

Certified Pre-Owned sales of 27,185 are up 19.3 percent.



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Contacts: Nancy Hubbell                  Holly Ferris
          (310) 468-3282           (310) 468-3279
          nancy_hubbell@toyota.com holly_ferris@toyota.com