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Toyota Announces Best-Ever April Sales

4 May 1999

Toyota Announces Best-Ever April Sales: Both Toyota And Lexus Divisions Report Record Sales Month
    TORRANCE, Calif., May 3 -- Following the best-ever first
quarter sales in its history, Toyota Motor Sales (TMS), U.S.A., Inc., reported
today best-ever April sales of 118,833 vehicles, an increase of 9.6 percent
over last year's record-setting month, and the company's third consecutive
best-ever April.
    In addition, both TMS divisions increased sales over the same period last
year.  The Toyota Division reported total best-ever April sales of 103,471
versus 95,993 in 1998, while the Lexus Division posted its best April with
sales of 15,362, up 23.7 percent.  Best-ever April sales also were recorded by
Toyota passenger car and light truck segments, up 8.1 percent and 7.2 percent
respectively, and by the Lexus light truck category, up 68.0 percent, to
6,936.
    "The economy has the legs of a marathon runner," said Yale Gieszl, TMS
executive vice president.  "Consumers look at interest rates, inflation, Wall
Street and the job market, and have every reason to be confident."
    Fueling the Toyota Division's record-breaking month were sales of the
number-one selling car in America, the Camry, which reported its best-ever
April with sales of 38,424, up 20.7 percent.  Calendar-year-to-date Camry
sales total 141,890, up 33.6 percent compared to last year.
    The Corolla also showed a gain of 0.5 percent over last April, to 20,753,
with calendar-year-to-date sales totaling 78,629, an increase of 6.4 percent
compared to the same period last year.
    The Toyota Division's record-setting light truck sales were led by the
Sienna minivan which posted the best sales month in its history with 8,951
units, up 24.8 percent.  The 4Runner sport utility vehicle (SUV) showed strong
April sales of 9,875 units, up 5.2 percent and the Tacoma 2WD and 4WD compact
pickup trucks were up 12.0 percent, to 13,170.
    Hot Lexus Division sales were ignited by the RX 300 SUV, with reported
sales of 5,556, up 77.6 percent, and the LX 470, up 37.9 percent to 1,380
units.  The ES 300 led the Lexus passenger car segment with a 19.1 percent
increase over last April, to 4,024.  The GS 300 also was up 4.9 percent, with
2,005 units sold.
    Sales of North American-built vehicles were up 12.9 percent compared to
the same period last year, to 75,751 units, which represented nearly 64
percent of total April sales.

                                TOYOTA/LEXUS SALES
                                   APRIL, 1999

                             CURRENT MONTH          CALENDAR YEAR TO DATE
                                             DSR %                     DSR %
                          1999      1998     CHG     1999      1998     CHG

    TOTAL VEHICLE
     SALES              118,833   108,416    9.6   442,375   381,949    15.8
      Memo: Total
       Toyota Div.      103,471    95,993    7.8   385,697   341,063    13.1
      Memo: Total
       Lexus Div.        15,362    12,423   23.7    56,678    40,886    38.6

    TOYOTA DIV.
     IMPORT CAR          11,195    11,802   -5.1    45,273    38,760    16.8
    LEXUS IMPORT CAR      8,426     8,294    1.6    30,958    34,430   -10.1
    TOYOTA DIV NA
     BUILT CARS          53,630    48,156   11.4   196,661   168,152    17.0
    TOTAL TOYOTA CARS    73,251    68,252    7.3   272,892   241,342    13.1

    SPORT UTILITY
     VEHICLES            23,447    20,530   14.2    87,747    66,577    31.8
      Memo: Lexus
       Sport Utility      6,936     4,129   68.0    25,720     6,456   298.4

    SMALL VANS            8,951     7,188   24.5    30,549    24,244    26.0
    PICKUPS              13,184    12,446    5.9    51,187    49,786     2.8

    * NORTH AMERICAN
     BUILT VEHICLES
    COROLLA              20,753    20,655    0.5    78,629    73,919     6.4
    CAMRY                27,828    20,881   33.3    98,807    70,100    41.0
    AVALON                5,049     6,620  -23.7    19,225    24,133   -20.3
    SIENNA                8,951     7,174   24.8    30,549    24,184    26.3
    PICKUP               13,170    11,755   12.0    50,999    46,655     9.3
    TOTAL                75,751    67,085   12.9   278,209   238,991    16.4
    N.A. VEHICLES %
     OF TOTAL             63.7%     61.9%     --     62.9%     62.6%      --

    SELLING DAYS             26        26     --       102       102      --

    DSR = DAILY SELLING RATE