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Toyota Reports Best-Ever November Sales - Eighth-Consecutive Monthly Sales Record

2 December 1999

Toyota Reports Best-Ever November Sales - Eighth-Consecutive Monthly Sales Record
    TORRANCE, Calif., Dec. 1 -- Toyota Motor Sales (TMS), U.S.A.,
Inc., today reported best-ever November sales of 120,430 vehicles, an increase
of 11.3 percent over last November's record-setting pace and the eighth-
consecutive record-breaking month.  Calendar-year-to-date sales total
1,353,421, up 10.7 percent compared to the same period last year.
    "We figured sales would take a holiday in November.  We figured wrong,"
said Jim Press, TMS executive vice president.  "The industry still has plenty
of stuffing -- and good reason to give thanks for a remarkable year."
    Both TMS sales divisions broke November sales marks set last year.  The
Toyota Division recorded best-ever November sales of 105,083 units, up
10.6 percent, and the best November since 1986.  The Lexus Division not only
posted best-ever November sales of 15,347, but also sold its one-millionth
vehicle since entering the U.S. market in 1989.
    Total Toyota Division passenger car sales were up 10.0 percent for a best-
ever November.  The strong sales were due to the recent introduction of three
all-new vehicles.  The redesigned Avalon, launched last October, posted sales
of 8,110, for an increase of 52.6 percent and a best-ever November.  The
seventh-generation Celica and the all-new ECHO subcompact sedan, also
introduced in October, both recorded hearty November sales.  Celica sales
totaled 4,147, while ECHO numbers reached 3,792 for the month.
    Toyota Division light truck sales, up 11.6 percent to 39,701 units for a
best-ever November, were led by the Sienna minivan which enjoyed best-ever
November sales of 8,260 units, up 10.1 percent.  Toyota Land Cruiser also
posted best-ever November sales of 1,649, up 12.4 percent over November 1998,
and the Tundra full-size pickup had a strong month, selling 6,689 units.
    The Lexus Division's record-breaking sales were lead by its popular RX 300
sport utility vehicle (SUV), which sold 6,933 units, up 52.2 percent,
resulting in a best-ever November.  LX 470 SUV sales rose 12.5 percent for the
month while the GS 300 sedan posted a 33.6 percent jump in November sales,
with 2,165 units sold.
    Sales of North American-built vehicles accounted for 60.6 percent of total
November sales.

                                TOYOTA/LEXUS SALES
                                  NOVEMBER, 1999

                          --CURRENT MONTH--        --CALENDAR YEAR TO DATE--
                                         DSR %                         DSR %
                       1999      1998     CHG      1999       1998      CHG
    TOTAL VEHICLE
     SALES           120,430   103,904   11.3   1,353,421   1,222,305  10.7
      Memo: Total
       Toyota Div.   105,083    91,195   10.6   1,184,396   1,082,894   9.4
      Memo: Total
       Lexus Div.     15,347    12,709   15.9     169,025     139,411  21.2

    TOYOTA DIV.
     IMPORT CAR       17,430     9,414   77.7     136,028     125,883   8.1
    LEXUS IMPORT CAR   6,965     7,099   -5.8      89,319      93,370  -4.3
    TOYOTA DIV
     NA BUILT CARS    47,952    47,628   -3.3     591,442     555,944   6.4
    TOTAL TOYOTA
     CARS             72,347    64,141    8.3     816,789     775,197   5.4

    SPORT UTILITY
     VEHICLES         23,066    21,338    3.8     264,535     225,744  17.2
      Memo: Lexus
       Sport Utility   8,382     5,610   43.4      79,706      46,041  73.1

    SMALL VANS         8,260     7,201   10.1      90,701      73,736  23.0
    PICKUPS           16,757    11,224   43.3     181,396     147,628  22.9

    * NORTH AMERICAN
       BUILT VEHICLES
    COROLLA           17,206    17,533   -5.8     230,594     228,879   0.7
    CAMRY             22,636    24,993  -13.1     301,197     255,092  18.1
    AVALON             8,110     5,102   52.6      59,651      71,973 -17.1
    SIENNA             8,260     7,201   10.1      90,701      73,642  23.2
    PICKUP            16,757    10,978   46.5     181,176     139,841  29.6
    TOTAL             72,969    65,807    6.4     863,319     769,427  12.2
    N.A. VEHICLES
     % OF TOTAL        60.6%     63.3%              63.8%       62.9%

    SELLING DAYS          25        24                281         281
    DSR = DAILY
     SELLING RATE