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All-New IS 300 Leads Lexus to Best-Ever July Sales

2 August 2000

All-New IS 300 Leads Lexus to Best-Ever July Sales

    TORRANCE, Calif. - In its first full month on sale, the all-new IS 300 entry-
level sport sedan posted sales of 2,073 units, boosting Lexus' July sales to 
17,603 cars and sport utility vehicles, a 7.1 percent increase from a year ago 
and a best-ever July for the luxury nameplate.

    Sedan sales finished the month 2.9 percent ahead of last July.  The
RX 300 continued as the best-selling model in the Lexus line-up with sales of
7,489 units, up 16.5 percent from the same period last year.  Year-to-date
sales of 111,281 represents a 4.1 increase from 1999.

    "Given that Lexus has the highest sales-per-outlet of any nameplate, and
with our consistent sales growth, we must stay focused on making sure the
increased volume doesn't jeopardize our customers' positive experience at
their dealership," said Lexus' new Group Vice President and General Manager
Denny Clements.  "Earlier in July, it was announced that Lexus once again
ranked Number One in Customer Satisfaction with Dealer Service in J.D. Power
and Associates annual Customer Service Index (CSI) Study, and we're confident
that as sales continue to grow, our dealers will be able to keep up this high
standard."

    With the recent launch of the IS 300 and the upcoming introduction of the
all-new LS 430 premium luxury sedan, Lexus is poised to continue its heritage
of offering an outstanding product line paired with excellent customer
service.