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Toyota Announces Best-Ever Sales Month - Breaks Record Set Just Three Months Earlier

TORRANCE, Calif., Sept. 3 -- Toyota Motor Sales (TMS), U.S.A., Inc., today reported its best-ever sales month in 46 years of business in the U.S. with total August sales of 200,482, an increase of 11.4 percent and breaking the previous mark set just three months ago. The record-setting month also marks the first time Toyota has recorded 200,000 sales in a single month. Calendar-year-to-date (CYTD) sales stand at 1,273,255, up 4.8 percent over the same period last year.

"The rebounding economy was evident in the overall strength of the auto market in August," said Jim Press, TMS executive vice president and COO. "With this fiscal upswing, consumers are economically empowered and they recognize what great cars and trucks are out there right now. The economic upturn will continue to fuel sales as we approach the fourth quarter."

The Toyota Division celebrated its best-ever sales month with 174,072 units sold, up 11.1 percent over the same period last year. The Lexus Division also enjoyed its best-ever month with sales of 26,410 units, an increase of 13.5 percent over last August.

Toyota Division passenger cars posted all-time best-ever sales of 92,791. Camry, the number-one-selling car in America, led the charge with record August sales of 46,575, up 6.3 percent. The Corolla also had best-ever August sales with 35,551 units sold, an increase of 36.0 percent.

Scion, the new car marque from TMS, closed out its third month of sales in California with 1,813 units. The Scion xB recorded 1,159 units sold and continues to attract buyers with its non-conformist attitude and retro styling. Sales of the aggressive and sleek xA subcompact five-door remain steady with 654 vehicles sold. CYTD sales for Scion total 4,783 units.

Toyota Division light trucks set an all-time best-ever sales month with 81,281 units sold, up 12.6 percent over the same period last year. Tacoma compact pickup sales totaled 17,657, up 7.5 percent. The Highlander mid-size sport utility vehicle (SUV) achieved its best-ever sales month with 15,209 units sold, up 27.2 percent. The 4Runner mid-size SUV posted strong sales of 12,313, up 44.3 percent. The Tundra full-size pickup enjoyed best-ever August sales of 11,485, an increase of 6.8 percent, while the Sienna van had sales of 8,139, an increase of 6.4 percent. The Sequoia full-size SUV recorded best- ever monthly sales of 7,305, an increase of 15.4 percent over the same period last year. The Land Cruiser full-size SUV recorded 597 units sold, up 7.3 percent.

The Lexus Division's record-setting sales month was paced by all-time best-ever light truck sales of 14,039, up 80.3 percent over the same period last year. The newly redesigned RX 330 luxury SUV recorded best-ever monthly sales of 10,430, an increase of 49.4 percent. The all-new GX 470 luxury mid- size SUV posted strong sales of 2,847.

Sales of North American-built vehicles accounted for 58.0 percent of total August sales. There were 27 selling days this sales month compared to 28 last August.

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

                        -- CURRENT MONTH --     -- CALENDAR YEAR TO DATE --
                                        DSR %                          DSR %
                          2003     2002 CHG          2003       2002     CHG

  ECHO                   1,874    3,185  -39.0     23,701     21,505   10.7
  COROLLA               35,551   27,100   36.0    238,089    168,561   41.9
  CELICA                 1,461    2,238  -32.3     11,078     17,248  -35.5
  CAMRY                 46,575   45,442    6.3    287,374    309,618   -6.7
  AVALON                 4,945    7,414  -30.8     35,785     48,502  -25.9
  MR2 SPYDER               273      496  -42.9      2,151      3,565  -39.4
  PRIUS                    299    1,756  -82.3     10,821     13,216  -17.7
  SCION xA                 654        0     --      1,659          0     --
  SCION xB               1,159        0     --      3,124          0     --
  TOTAL TOYOTA DIV.
   PASS. CAR            92,791   87,631    9.8    613,782    582,215    5.9

  ES 300                 5,986    7,767  -20.1     42,325     49,166  -13.5
  LS 430                 2,410    2,695   -7.3     13,844     17,741  -21.6
  SC 430                 1,058    1,290  -14.9      7,179     10,808  -33.3
  GS 300                 1,384    1,771  -19.0      7,756     10,017  -22.2
  GS 430                   224      220    5.6      1,444      1,674  -13.3
  IS 300                 1,309    2,305  -41.1     10,106     14,921  -31.9
  TOTAL LEXUS PASS.
   CAR                  12,371   16,048  -20.1     82,654    104,327  -20.4

  TOTAL TOYOTA PASS.
   CAR                 105,162  103,679    5.2    696,436    686,542    1.9

  SIENNA                 8,139    7,935    6.4     61,213     58,496    5.2
  RAV4                   8,576   10,329  -13.9     51,095     61,188  -16.1
  4RUNNER               12,313    8,849   44.3     73,570     53,446   38.3
  HIGHLANDER            15,209   12,401   27.2     84,915     77,567   10.0
  LAND CRUISER             597      577    7.3      4,075      4,222   -3.0
  SEQUOIA                7,305    6,566   15.4     43,437     47,307   -7.7

  4X2 TACOMA            10,639   10,369    6.4     64,886     64,246    1.5
  4X4 TACOMA             7,018    6,665    9.2     40,911     42,179   -2.5
  TOTAL TACOMA          17,657   17,034    7.5    105,797    106,425   -0.1

  TUNDRA                11,485   11,154    6.8     68,306     70,169   -2.2

  TOTAL PICKUP          29,142   28,188    7.2    174,103    176,594   -0.9

  TOTAL TOYOTA DIV. LT
   TRUCK                81,281   74,845   12.6    492,408    478,820    3.3

  LX 470                   762      837   -5.6      5,251      5,807   -9.1
  GX 470                 2,847        0     --     19,902          0     --
  RX 330                10,430    7,238   49.4     59,258     49,836   19.5
  TOTAL LEXUS LIGHT
   TRUCK                14,039    8,075   80.3     84,411     55,643   52.4

  TOTAL TOYOTA LIGHT
   TRUCK                95,320   82,920   19.2    576,819    534,463    8.5

  TOTAL TOYOTA DIV.    174,072  162,476   11.1  1,106,190  1,061,035    4.8
  TOTAL LEXUS           26,410   24,123   13.5    167,065    159,970    4.9
  TOTAL TOYOTA         200,482  186,599   11.4  1,273,255  1,221,005    4.8

  MEMO:
  DOM. COROLLA          27,247   20,250   39.5    185,824    152,763   22.2
  DOM. CAMRY            39,456   35,895   14.0    256,968    245,646    5.1
  DOM. PICKUP           29,142   28,188    7.2    174,103    176,594   -0.9

  TOTAL IMPORT CAR      33,514   40,120  -13.4    217,859    239,631   -8.6
  TOTAL DOMESTIC CAR    71,648   63,559   16.9    478,577    446,911    7.6
  TOYOTA DIV. IMPORT
   CAR                  21,143   24,072   -8.9    135,205    135,304    0.4

  TOTAL VEHICLE SALES  200,482  186,599   11.4  1,273,255  1,221,005    4.8
     Memo: Total
      Toyota Div.      174,072  162,476   11.1  1,106,190  1,061,035    4.8
     Memo: Total Lexus
      Div.              26,410   24,123   13.5    167,065    159,970    4.9

  TOYOTA DIV. IMPORT
   CAR                  21,143   24,072   -8.9    135,205    135,304    0.4
  LEXUS IMPORT CAR      12,371   16,048  -20.1     82,654    104,327  -20.4
  TOYOTA DIV NA BUILT
   CARS                 71,648   63,559   16.9    478,577    446,911    7.6
  TOTAL TOYOTA CARS    105,162  103,679    5.2    696,436    686,542    1.9

  SPORT UTILITY
   VEHICLES             58,039   46,797   28.6    341,503    299,373   14.6
     Memo: Lexus Sport
      Utility           14,039    8,075   80.3     84,411     55,643   52.4

  SMALL VANS             8,139    7,935    6.4     61,213     58,496    5.2
  PICKUPS               29,142   28,188    7.2    174,103    176,594   -0.9

  * NORTH AMERICAN
   BUILT VEHICLES
  COROLLA               27,247   20,250   39.5    185,824    152,763   22.2
  CAMRY                 39,456   35,895   14.0    256,968    245,646    5.1
  AVALON                 4,945    7,414  -30.8     35,785     48,502  -25.9
  SIENNA                 8,139    7,935    6.4     61,213     58,496    5.2
  PICKUP                29,142   28,188    7.2    174,103    176,594   -0.9
  SEQUOIA                7,305    6,566   15.4     43,437     47,307   -7.7
  TOTAL                116,234  106,248   13.5    757,330    729,308    4.3
  N.A. VEHICLES % OF
   TOTAL                 58.0%    56.9%             59.5%      59.7%

  SELLING DAYS              27       28               205        206
  DSR = DAILY SELLING RATE