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Toyota Reports Strong June Sales: Sets Second-Quarter and First-Half Sales Records

TORRANCE, Calif., July 1 -- Toyota Motor Sales (TMS), U.S.A., Inc., today reported its best-ever first-half sales in 46 years of business in the U.S. with calendar-year-to-date (CYTD) sales of 903,142, up 3.5 percent, topping last year's record first-half. Toyota also posted its best-ever second-quarter with sales of 494,049 units. Toyota recorded strong June sales of 155,501, an increase of 10.9 percent over the same period last year.

(Logo: http://www.newscom.com/cgi-bin/prnh/20030501/TOYLOGO )

"Steady sales from a fresh line-up of new products have helped us avoid massive incentive programs," said Jim Press, TMS executive vice president and COO. "We remain optimistic that strong first-half sales will serve as a catalyst for a strong finish."

The Toyota Division CYTD sales stand at 784,886, up 3.8 percent. Toyota Division June sales totaled 134,550, an increase of 10.8 percent.

The all-new Sienna van posted best-ever June sales of 10,484, an increase of 46.9 percent. The Highlander mid-size sport utility vehicle (SUV) also enjoyed its best-ever June with sales of 9,561, up 13.2 percent. The redesigned 4Runner mid-size SUV posted strong monthly sales of 8,775, an increase of 39.1 percent. Based on a daily selling rate, sales of Tacoma pickup trucks increased 2.2 percent over last June and the Tundra full-size pickup rose 5.2 percent. Sales of the Land Cruiser full-size SUV also rose 1.9 percent, based on a daily selling rate.

Toyota passenger cars were led by the Camry with 33,786, units sold, up 0.3 percent based on a daily selling rate. The Corolla continued its sales roll with 28,596 units sold, an increase of 37.1 percent. The Echo subcompact sedan enjoyed sales of 3,691, up 48.9 percent.

Scion, the new car marque from TMS that launched June 9 in California only, closed out the month with a total of 1,351 units sold. The Scion xB caught buyers' eyes with its sharp edges and posted sales of 900 units. The xA, the muscular subcompact five-door, enjoyed sales of 451 units.

"Gen Y is a tremendous force in the marketplace and will eventually rival the Boomers for dominance," said Jim Farley, vice president of Scion. "Both Scion products and the sales process are off to a good start, attracting buyers with a median age of 33 years-old, approximately 60 percent of whom are first time Toyota buyers."

The Lexus Division posted a best-ever June with sales of 20,951 vehicles, an increase of 11.7 percent. First-half Lexus sales totaled 118,256, up 1.5 percent.

The Lexus Division's record-setting June was led by best-ever June SUV sales of 10,351, an increase of 64.8 percent. The redesigned RX 330 luxury SUV led the Lexus sales charge with best-ever June sales of 7,369, up 30.8 percent. The all-new GX 470 SUV continued to post strong sales with 2,371 units sold.

Sales of North American-built vehicles accounted for 61.1 percent of total June sales. There were 24 selling days this month compared to 26 last June.

                                  TOYOTA RETAIL SALES
                              (INCLUDES FLEET & HAWAII)
                                      June, 2003

                         - CURRENT MONTH -     - CALENDAR YEARTO DATE -
                                        DSR %                       DSR %
                      2003       2002    CHG      2003      2002     CHG

  ECHO               3,691      2,685    48.9   19,746    15,350     29.5
  COROLLA           28,596     22,596    37.1  171,062   119,097     44.6
  CELICA             1,456      2,218   -28.9    8,170    12,851    -36.0
  CAMRY             33,786     36,487     0.3  204,317   225,605     -8.8
  AVALON             4,167      5,621   -19.7   26,489    33,745    -21.0
  MR2 SPYDER           235        492   -48.3    1,615     2,567    -36.7
  PRIUS              1,069      1,369   -15.4    9,865    10,049     -1.2
  SCION xA             451          0      --      451         0       --
  SCION xB             900          0      --      900         0       --
  TOTAL TOYOTA
   DIV. PASS. CAR   74,351     71,468    12.7  442,615   419,264      6.3

  ES 300             5,518      6,325    -5.5   30,693    35,645    -13.3
  LS 430             1,589      2,272   -24.2    9,592    13,049    -26.0
  SC 430               921      1,321   -24.5    5,206     8,312    -37.0
  GS 300             1,016      1,072     2.7    5,252     6,983    -24.3
  GS 430               175        224   -15.4    1,027     1,276    -19.0
  IS 300             1,381      2,306   -35.1    7,550    10,654    -28.7
  TOTAL LEXUS
   PASS. CAR        10,600     13,520   -15.1   59,320    75,919    -21.4

  TOTAL TOYOTA
   PASS. CAR        84,951     84,988     8.3  501,935   495,183      2.0

  SIENNA            10,484      7,733    46.9   43,560    42,314      3.6
  RAV4               5,303      7,931   -27.6   36,093    42,431    -14.4
  4RUNNER            8,775      6,836    39.1   50,842    37,609     36.1
  HIGHLANDER         9,561      9,153    13.2   57,886    55,382      5.2
  LAND CRUISER         487        518     1.9    2,961     3,106     -4.0
  SEQUOIA            4,802      6,122   -15.0   29,295    35,181    -16.2

  4X2 TACOMA         7,639      8,015     3.3   45,740    45,629      0.9
  4X4 TACOMA         4,718      5,082     0.6   28,633    30,070     -4.2
  TOTAL TACOMA      12,357     13,097     2.2   74,373    75,699     -1.1

  TUNDRA             8,430      8,680     5.2   47,261    50,080     -5.0

  TOTAL PICKUP      20,787     21,777     3.4  121,634   125,779     -2.7

  TOTAL TOYOTA
   DIV. LT TRUCK    60,199     60,070     8.6  342,271   341,802      0.8

  LX 470               611        704    -6.0    3,828     4,299    -10.4
  GX 470             2,371          0      --   14,652         0       --
  RX 330             7,369      6,101    30.8   40,456    37,069      9.9
  TOTAL LEXUS
   LIGHT TRUCK      10,351      6,805    64.8   58,936    41,368     43.4

  TOTAL TOYOTA
   LIGHT TRUCK      70,550     66,875    14.3  401,207   383,170      5.4

  TOTAL TOYOTA
   DIV.            134,550    131,538    10.8  784,886   761,066      3.8
  TOTAL LEXUS       20,951     20,325    11.7  118,256   117,287      1.5
  TOTAL TOYOTA     155,501    151,863    10.9  903,142   878,353      3.5

  MEMO:
  DOM. COROLLA      22,435     19,764    23.0  133,960   114,992     17.3
  DOM. CAMRY        32,267     29,517    18.4  184,848   179,050      3.9
  DOM. PICKUP       20,787     21,777     3.4  121,634   125,779     -2.7

  TOTAL IMPORT
   CAR              26,082     30,086    -6.1  156,638   167,396     -5.8
  TOTAL DOMESTIC
   CAR              58,869     54,902    16.2  345,297   327,787      6.0
  TOYOTA DIV.
   IMPORT CAR       15,482     16,566     1.2   97,318    91,477      7.1

  TOTAL VEHICLE
   SALES           155,501    151,863    10.9  903,142   878,353      3.5
    Memo: Total
      Toyota Div.  134,550    131,538    10.8  784,886   761,066      3.8
    Memo: Total
      Lexus Div.    20,951     20,325    11.7  118,256   117,287      1.5

  TOYOTA DIV.
   IMPORT CAR       15,482     16,566     1.2   97,318    91,477      7.1
  LEXUS IMPORT
   CAR              10,600     13,520   -15.1   59,320    75,919    -21.4
  TOYOTA DIV NA
   BUILT CARS       58,869     54,902    16.2  345,297   327,787      6.0
  TOTAL TOYOTA
   CARS             84,951     84,988     8.3  501,935   495,183      2.0

  SPORT UTILITY
   VEHICLES         39,279     37,365    13.9  236,013   215,077     10.5
    Memo: Lexus
      Sport Utility 10,351      6,805    64.8   58,936    41,368     43.4

  SMALL VANS        10,484      7,733    46.9   43,560    42,314      3.6
  PICKUPS           20,787     21,777     3.4  121,634   125,779     -2.7

  * NORTH AMERICAN
      BUILT VEHICLES
  COROLLA           22,435     19,764    23.0  133,960   114,992     17.3
  CAMRY             32,267     29,517    18.4  184,848   179,050      3.9
  AVALON             4,167      5,621   -19.7   26,489    33,745    -21.0
  SIENNA            10,484      7,733    46.9   43,560    42,314      3.6
  PICKUP            20,787     21,777     3.4  121,634   125,779     -2.7
  SEQUOIA            4,802      6,122   -15.0   29,295    35,181    -16.2
  TOTAL             94,942     90,534    13.6  539,786   531,061      2.3
  N.A. VEHICLES
   % OF TOTAL        61.1%      59.6%            59.8%     60.5%

  SELLING DAYS          24         26              152       153
  DSR = DAILY SELLING RATE