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Toyota Reports Best-Ever June

3 July 2000

Sets Second-Quarter and First-Half Sales Records

    TORRANCE, Calif. - Toyota Motor Sales, U.S.A., Inc., followed up the best 
sales month in its history by reporting best-ever June sales of 132,363, an 
increase of 7.8 percent over last June.  The record-setting month culminated 
with best-ever second-quarter sales of 416,918.  With calendar-year-to-date 
sales of 813,292, up 14.2 percent, Toyota recorded its best-ever first half in 
43 years of business in the U.S.

    "It's clear that the record pace of the first half will give way to slower
growth over the balance of the year," said Jim Press, TMS executive vice
president.  "Although consumers are weighing purchases more carefully, the
drawing power of the industry's best crop of new products in years remains a
significant factor."

    Both TMS divisions increased sales over the same period last year.  The
Toyota Division recorded best-ever June sales of 116,156, an increase of
7.8 percent.  Toyota Division CYTD sales stand at 719,614, an increase of
15.7 percent.  The Lexus Division also reported best-ever June sales with
16,207, also an increase of 7.8 percent.  Lexus Division CYTD sales total
93,678 units sold, up 3.6 percent over last year.

    Toyota passenger car sales recorded June sales of 72,135, an increase of
17.2 percent.  The Avalon full-size sedan led the sales charge with best-ever
June sales of 8,904, an increase of 100.4 percent.  Celica also enjoyed solid
sales of 4,727, up 710.8 percent.  The ECHO entry-level sedan and limited
production MR2 Spyder roadster continued to post strong sales with 4,050 and
831, respectively.

    The Toyota Sienna passenger van posted its best-ever June with sales of
9,817, an increase of 21.1 percent.  The Tundra full-size pickup continued its
sales momentum with best-ever June sales of 8,295, up 3.5 percent.

    The Lexus June sales record was led by the RX 300 sport utility vehicle
with best-ever June sales of 6,872, an increase of 17.7 percent.  The launch
of the all-new IS 300 compact sport sedan started strong with 1,853 sales in
only a seven-day sales period.

    Sales of North American-built vehicles accounted for 63.3 percent of total
June sales.


                                TOYOTA/LEXUS SALES
                                    JUNE, 2000

                            -- CURRENT MONTH --   -- CALENDAR YEAR TO DATE --
                                             DSR%                      DSR%
                         2000      1999      CHG    2000      1999     CHG
    TOTAL VEHICLE
     SALES             132,363   122,747     7.8   813,292   707,747   14.2
    Memo: Total
     Toyota Div.       116,156   107,706     7.8   719,614   617,918   15.7
    Memo: Total
     Lexus Div.         16,207    15,041     7.8    93,678    89,829    3.6

    TOYOTA DIV.
     IMPORT CAR         18,240     9,005   102.6   125,358    67,256   85.2
    LEXUS IMPORT CAR     8,215     7,998     2.7    41,916    48,860  -14.8
    TOYOTA DIV NA
     BUILT CARS         53,895    52,531     2.6   331,497   315,009    4.6
    TOTAL TOYOTA CARS   80,350    69,534    15.6   498,771   431,125   14.9

    SPORT UTILITY
     VEHICLES           22,186    24,455    -9.3   140,183   140,662   -1.0
    Memo: Lexus
     Sport Utility       7,992     7,043    13.5    51,762    40,969   25.5

    SMALL VANS           9,818     8,104    21.2    54,440    48,421   11.7
    PICKUPS             20,009    20,654    -3.1   119,898    87,539   36.1

    * NORTH AMERICAN
       BUILT VEHICLES
    COROLLA             19,913    20,569    -3.2   123,924   125,609   -2.0
    CAMRY               25,078    27,519    -8.9   152,589   160,158   -5.3
    AVALON               8,904     4,443   100.4    54,984    29,242   86.8
    SIENNA               9,817     8,104    21.1    54,439    48,421   11.7
    PICKUP              20,009    20,641    -3.1   119,889    87,328   36.4
    TOTAL               83,721    81,276     3.0   505,825   450,758   11.5
    N.A. VEHICLES
     % OF TOTAL          63.3%     66.2%             62.2%     63.7%

    SELLING DAYS            26        26               154       153
    DSR = DAILY
     SELLING RATE