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Toyota Reports Best-Ever March Sales and Record-Breaking First Quarter

4 April 2000

Toyota Reports Best-Ever March Sales and Record-Breaking First Quarter

    TORRANCE, Calif., April 3 Toyota Motor Sales (TMS),
U.S.A., Inc., today reported best-ever March sales of 140,393 vehicles, an
increase of 16.0 percent over last year.  The strong sales month closed out a
record-breaking first quarter that totaled 396,374 units, an increase of
20.9 percent over the same period last year.
    "It's March madness," said Jim Press, TMS executive vice-president.
"Consumers closed out the first-quarter with a fast-break buying spree,
extending the industry's string of record-breaking months into overtime."
    Both TMS sales divisions recorded best-ever March sales.  The Toyota
Division posted best-ever March sales of 123,683 units, an increase of
17.6 percent over last year.  The Lexus Division enjoyed best-ever March sales
of 16,710 units, up 5.6 percent over last year.
    Toyota passenger cars enjoyed best-ever March sales of 78,250 units, an
increase of 19.0 percent over the same period last year.  The redesigned
Avalon, launched last October, recorded its second consecutive best-ever sales
month with 9,942 units, an increase of 89.0 percent.  Two additional vehicles
launched last October, the all-new Celica sport coupe, and ECHO subcompact,
continued to post strong sales with 5,370 and 4,888 units, respectively.  The
Corolla recorded sales of 21,154 units, an increase of 1.8 units over the same
period last year.
    The all-new MR2 Spyder roadster jumped out of the starting gate with
820 units sold in its first week on sale.
    Toyota Division light truck sales tallied a best-ever March of
45,433 units, up 15.3 percent from last year.  The popular Sienna minivan
posted best-ever March sales with 9,363 units, an increase of 5.4 percent.
The Tundra full-size pickup established its best-ever sales month since its
launch last summer, with 8,302 units.
    The Lexus Division's record-setting March was fueled by the hot-selling RX
300 sport utility vehicle (SUV), with best-ever March sales of 7,644 units, an
increase of 30.4 percent.  The LX 470 luxury SUV also posted best-ever March
sales of 1,493, up 4.8 percent.  The GS 300 performance sedan sold
2,087 units, up 1.1 percent over the same period last year.
    Sales of North American-built vehicles accounted for 62.0 percent of total
March sales.

                              TOYOTA/LEXUS SALES
                                 MARCH, 2000

                         -- CURRENT MONTH --     -- CALENDAR YEAR TO DATE --
                                            DSR %                     DSR %
                         2000       1999     CHG     2000      1999    CHG
    TOTAL VEHICLE
     SALES             140,393    120,982    16.0  396,374   323,507   20.9
    Memo: Total
     Toyota Div.       123,683    105,158    17.6  351,581   282,191   23.0
    Memo: Total
     Lexus Div.         16,710     15,824     5.6   44,793    41,316    7.0

    TOYOTA DIV.
     IMPORT CAR         21,916     11,335    93.3   65,163    34,043   88.9
    LEXUS IMPORT CAR     7,573      8,540   -11.3   19,700    22,532  -13.7
    TOYOTA DIV NA
     BUILT CARS         56,334     54,408     3.5  158,745   143,031    9.5
    TOTAL TOYOTA CARS   85,823     74,283    15.5  243,608   199,606   20.5

    SPORT UTILITY
     VEHICLES           24,348     23,783     2.4   69,280    64,300    6.3
    Memo: Lexus
     Sport Utility       9,137      7,284    25.4   25,093    18,784   31.9

    SMALL VANS           9,363      8,885     5.4   25,344    21,598   15.8
    PICKUPS             20,859     14,031    48.7   58,142    38,003   51.0

    * NORTH AMERICAN
       BUILT VEHICLES
    COROLLA             21,154     20,787     1.8   58,720    57,876    0.1
    CAMRY               25,238     28,361   -11.0   72,882    70,979    1.3
    AVALON               9,942      5,260    89.0   27,143    14,176   89.0
    SIENNA               9,363      8,885     5.4   25,344    21,598   15.8
    PICKUP              20,858     14,005    48.9   58,136    37,829   51.7
    TOTAL               86,555     77,298    12.0  242,225   202,458   18.1
    N.A. VEHICLES
     % OF TOTAL          61.7%      63.9%            61.1%     62.6%

    SELLING DAYS            27         27               77        76
    DSR = DAILY SELLING RATE