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Toyota Reports Strong February Sales - Lexus Division Posts Best-Ever February

TORRANCE, Calif., March 1 -- Toyota Motor Sales (TMS), U.S.A., Inc., today reported strong February sales of 126,092, an increase of 1.7 percent over the same period last year.

``The industry is emerging from the volatility of the last few months and is settling into a more normal sales pattern,'' said Jim Press, TMS executive vice president and COO. ``With the mild downturn comes a mild recovery, which should translate to solid industry sales for the balance of the year.''

The Toyota Division posted steady February sales of 109,457, up 0.6 percent. The Lexus Division enjoyed best-ever February sales of 16,635 vehicles, an increase of 9.4 percent over the same period last year. The record-breaking month enabled Lexus to maintain its position as the top-selling luxury brand in the nation.

Toyota passenger car sales totaled 72,566, up 4.8 percent over last February. The all-new 2002 Camry led the way with best-ever February sales of 35,993, up 25.7 percent. The Prius gas/electric hybrid sedan also posted best-ever February sales with 1,481 units sold, an increase of 23.6 percent.

Toyota light truck sales were led by the Highlander mid-size sport utility vehicle (SUV), with best-ever February sales of 7,690, an increase of 51.7 percent. The Sequoia full-size SUV posted best-ever February sales of 5,171, up 3.4 percent.

The Lexus Division's record-breaking February was paced by best-ever February passenger car sales of 10,773, up 21.9 percent. The all-new ES 300 luxury sedan recorded best-ever February sales with 5,195 units sold, an increase of 98.2 percent. The SC 430 hardtop convertible continued to post steady sales with 1,231 units delivered.

Sales of North American-built vehicles accounted for 57.7 percent of total February sales.

                               TOYOTA RETAIL SALES
                            (INCLUDES FLEET & HAWAII)
                                  FEBRUARY, 2002

                       - CURRENT MONTH -          - CALENDAR YEAR TO DATE -
                                        DSR %                          DSR %
                    2002       2001      CHG       2002       2001      CHG

    ECHO            2,341     3,211     -27.1     5,075       6,740    -24.7
    COROLLA        14,649    17,937     -18.3    23,908      35,803    -33.2
    CELICA          1,768     2,881     -38.6     3,625       5,990    -39.5
    SUPRA               0         0      #N/A         0           3   -100.0
    CAMRY          35,993    28,623      25.7    72,117      53,297     35.3
    AVALON          5,220     5,997     -13.0    10,849      12,314    -11.9
    MR2 SPYDER        341       549     -37.9       675       1,019    -33.8
    PRIUS           1,481     1,198      23.6     3,435       2,496     37.6
    TOTAL
     TOYOTA
     DIV. PASS.
     CAR           61,793    60,396       2.3   119,684     117,662      1.7

    ES 300          5,195     2,621      98.2    10,368       5,224     98.5
    LS 430          2,002     2,804     -28.6     3,492       5,831    -40.1
    SC 300              0         1    -100.0         0           5   -100.0
    SC 430          1,231         9   13577.8     2,698          11  24427.3
    GS 300          1,060     1,424     -25.6     2,170       2,862    -24.2
    GS 430            166       401     -58.6       357         807    -55.8
    IS 300          1,119     1,574     -28.9     2,346       3,049    -23.1
    TOTAL
     LEXUS
     PASSENGER
     CAR           10,773     8,834      21.9    21,431      17,789     20.5

    TOTAL
     TOYOTA
     PASSENGER
     CAR           72,566    69,230       4.8   141,115     135,451      4.2

    SIENNA          5,579     6,263     -10.9    12,345      12,463     -0.9
    RAV4            6,132     6,262      -2.1    12,996      13,027     -0.2
    4RUNNER         4,797     5,694     -15.8    10,411      12,688    -17.9
    HIGHLANDER      7,690     5,069      51.7    16,148       7,394    118.4
    LAND CRUISER      399       619     -35.5       965       1,332    -27.6
    SEQUOIA         5,171     5,002       3.4    10,192       9,494      7.4

    4X2 TACOMA      6,659     6,924      -3.8    13,208      13,566     -2.6
    4X4 TACOMA      4,420     5,115     -13.6     8,990      10,016    -10.2
    TOTAL TACOMA   11,079    12,039      -8.0    22,198      23,582     -5.9

    TUNDRA          6,817     7,413      -8.0    13,775      13,612      1.2

    TOTAL PICKUP   17,896    19,452      -8.0    35,973      37,194     -3.3

    TOTAL TOYOTA
     DIV. LT
     TRUCK         47,664    48,361      -1.4    99,030      93,592      5.8

    LX 470            634       768     -17.4     1,372       1,638    -16.2
    RX 300          5,228     5,600      -6.6    11,083      11,398     -2.8
    TOTAL LEXUS
     LIGHT TRUCK    5,862     6,368      -7.9    12,455      13,036     -4.5

    TOTAL TOYOTA
     LIGHT TRUCK   53,526    54,729      -2.2   111,485     106,628      4.6

    TOTAL TOYOTA
     DIV.         109,457   108,757       0.6   218,714     211,254      3.5
    TOTAL LEXUS    16,635    15,202       9.4    33,886      30,825      9.9
    TOTAL TOYOTA  126,092   123,959       1.7   252,600     242,079      4.3

    MEMO:
    DOM. COROLLA   14,649    17,937     -18.3    23,908      35,803    -33.2
    DOM. CAMRY     24,195    22,427       7.9    50,475      37,055     36.2
    DOM. PICKUP    17,896    19,452      -8.0    35,973      37,194     -3.3

    SELLING DAYS       24        24                  49          49

    TOTAL IMPORT
     CAR           28,502    22,869      24.6    55,883      50,279     11.1
    TOTAL
     DOMESTIC
     CAR           44,064    46,361      -5.0    85,232      85,172      0.1
    TOYOTA DIV.
     IMPORT CAR    17,729    14,035      26.3    34,452      32,490      6.0


                                TOYOTA/LEXUS SALES
                                  FEBRUARY, 2002

                       - CURRENT MONTH -         - CALENDAR YEAR TO DATE -
                                        DSR %                           DSR %
                   2002       2001       CHG      2002       2001        CHG

    TOTAL
     VEHICLE
     SALES        126,092   123,959       1.7   252,600     242,079      4.3
     Memo:
      Total
      Toyota
      Div.        109,457   108,757       0.6   218,714     211,254      3.5
     Memo:
      Total
      Lexus Div.   16,635    15,202       9.4    33,886      30,825      9.9

    TOYOTA DIV.
     IMPORT CAR    17,729    14,035      26.3    34,452      32,490      6.0
    LEXUS IMPORT
     CAR           10,773     8,834      21.9    21,431      17,789     20.5
    TOYOTA DIV
     NA BUILT
     CARS          44,064    46,361      -5.0    85,232      85,172      0.1
    TOTAL TOYOTA
     CARS          72,566    69,230       4.8   141,115     135,451      4.2

    SPORT UTILITY
     VEHICLES      30,051    29,014       3.6    63,167      56,971     10.9
     Memo:
      Lexus
      Sport
      Utility       5,862     6,368      -7.9    12,455      13,036     -4.5

    SMALL VANS      5,579     6,263     -10.9    12,345      12,463     -0.9
    PICKUPS        17,896    19,452      -8.0    35,973      37,194     -3.3

    * NORTH
     AMERICAN
     BUILT
     VEHICLES
    COROLLA        14,649    17,937     -18.3    23,908      35,803    -33.2
    CAMRY          24,195    22,427       7.9    50,475      37,055     36.2
    AVALON          5,220     5,997     -13.0    10,849      12,314    -11.9
    SIENNA          5,579     6,263     -10.9    12,345      12,463     -0.9
    PICKUP         17,896    19,452      -8.0    35,973      37,194     -3.3
    SEQUOIA         5,171     5,002       3.4    10,192       9,494      7.4
    TOTAL          72,710    77,078      -5.7   143,742     144,323     -0.4
    N.A.
     VEHICLES
     % OF TOTAL     57.7%     62.2%               56.9%       59.6%

    SELLING DAYS       24        24                  49          49

    DSR = DAILY SELLING RATE