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Toyota Sets Numerous Sales Records with Strong July

4 August 1998

Toyota Sets Numerous Sales Records with Strong July
    TORRANCE, Calif., Aug. 3 -- Toyota Motor Sales (TMS), U.S.A.,
Inc. today announced strong July sales of 122,550 vehicles, up 12.5 percent
over last year.  Calendar-year-to-date (CYTD) sales total 757,816, an increase
of 2.7 percent compared to the same period last year.
    "The strong consumer spending in the second quarter continued through July
and helped Toyota set a string of significant sales records," said Yale
Gieszl, TMS executive vice president.
    The Toyota Division recorded sales of 107,877, up 8.3 percent from last
July, marking the first time in its 41-year history that Toyota Division sales
topped 100,000 vehicles for three consecutive months.  The Lexus Division
reported its best-ever sales month with July sales of 14,673, an increase of
57.9 percent over the same period last year.  Lexus Division CYTD sales now
stand at 83,041, up 55.0 percent.
    Camry recorded its best-ever July, shattering the old mark set last year
with sales of 39,446, an increase of 21.2 percent.  Calendar-year-to-date
Camry sales now stand at 229,405.  Also smashing a July record set last year
was Avalon with 6,896 sales, up 8.1 percent.  Corolla also posted strong sales
with 22,960, up 5.3 percent from the same period last year.
    Toyota also recorded best-ever July sales of Land Cruiser with 1,530
sales, up 53.2 percent.  Sienna posted strong sales of 6,519, the best-ever
month for a Toyota passenger van.
    Tacoma compact-truck sales had a strong month with 14,127 sales, up
11.9 percent from the same period last year.
    The Lexus Division's record-setting month was led by the all-new RX 300,
which totaled 4,833 sales.  The LX 470 nearly doubled its sales from last July
with a best-ever sales month of 1,319 units, up 92.0 percent.  The GS 300/400
recorded its best-ever July with 2,537 sales.
    Sales of North American-built vehicles made up 62.8 percent of total July
sales, up from 61.1 percent the previous year.

                             TOYOTA/LEXUS  SALES
                                  JULY, 1998

                              CURRENT MONTH         CALENDAR YEAR TO DATE
                                           DSR %                       DSR %
                        1998       1997     CHG     1998      1997      CHG

    TOTAL VEHICLE
     SALES           122,550    108,939    12.5  757,816   738,177      2.7
     Memo:
      Total Toyota
      Div.           107,877     99,648     8.3  674,775   684,618     -1.4
     Memo:
      Total Lexus
      Div.            14,673      9,291    57.9   83,041    53,559     55.0

    TOYOTA DIV.
     IMPORT CAR       13,593     10,236    32.8   83,990    78,227      7.4
    LEXUS IMPORT CAR   8,521      8,604    -1.0   60,221    48,921     23.1
    TOYOTA DIV NA
     BUILT CARS       56,347     53,979     4.4  342,851   380,454     -9.9

    TOTAL TOYOTA CARS 78,461     72,819     7.7  487,062   507,602     -4.0

    SPORT UTILITY
     VEHICLES         22,652     20,214    12.1  132,743   125,480      5.8

    Memo: Lexus
     Sport Utility     6,152        687   795.5   22,820     4,638    392.0

    SMALL VANS         6,523        374  1644.1   44,969     3,233   1290.9
    PICKUPS           14,914     15,532    -4.0   93,042   101,862     -8.7

    * NORTH AMERICAN BUILT VEHICLES
      COROLLA         22,960     21,758     5.5  148,070   137,461      7.7
      CAMRY           26,491     25,839     2.5  150,139   199,036    -24.6
      AVALON           6,896      6,382     8.1   44,642    43,957      1.6
      SIENNA           6,519          0      NA   44,888         0       NA
      PICKUP          14,127     12,623    11.9   87,723    81,939      7.1
      TOTAL           76,993     66,602    15.6  475,462   462,393      2.8
      N.A. VEHICLES %
       OF TOTAL        62.8%      61.1%      --    62.7%     62.6%       --

    SELLING DAYS          26         26      --      179       179       --

    DSR = DAILY SELLING RATE