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Toyota Reports August Sales

4 September 2000

Toyota Reports Best-Ever August Sales and Breaks The One-Million Sales Mark
    TORRANCE, Calif., Sept. 1 Toyota Motor Sales (TMS),
U.S.A., Inc., reported today that August marks the first time in its 43-year
history in the U.S. that the company has surpassed the one-million sales mark
before the end of the third quarter.  Toyota's Lexus Division also reports
that August is the first time an import luxury brand has surpassed 20,000
units sold in a single month.
    Toyota enjoyed best-ever August sales of 148,229 units, an increase of 6.1
percent over last August.  Calendar-year-to-date (CYTD) sales stand at
1,096,978, an increase of 11.2 percent over the same period last year.
    "We've seen no evidence of a slow-down in what is, obviously, a very
competitive buyer's market," said Jim Press, TMS executive vice president.
"Consumers remain confident and motivated.  They know what they want and they
are shopping the best deal."
    Both TMS sales divisions posted impressive sales compared to last August.
The Toyota Division recorded sales of 126,949 units, up 4.1 percent while the
Lexus Division posted record-breaking sales with 21,280 units, an increase of
20.0 percent over the same period last year.
    The Toyota Avalon full-size sedan posted best-ever August sales of 9,256,
an increase of 84.9 percent.  ECHO subcompact sedan sales hold steady with
4,720 units sold.  The Celica sport coupe and MR2 Spyder continued to post
strong sales with 4,981 and 771 units sold, respectively.  Prius, the world's
first mass-produced gasoline/electric hybrid sedan, continues to charge ahead
with 788 sales in August.
    Toyota's best-ever August light truck sales were led by the Tundra
full-size pickup, with a record 10,288 units sold, an increase of 90.8 percent
over last August.  The Sienna passenger van posted best-ever August sales with
9,256 units, an increase of 14.9 percent.
    The Lexus Division's record-setting month saw both passenger car and light
truck sales breaking the 10,000-unit mark.  Lexus passenger car sales were
fueled by the popular ES 300, with sales of 4,375 units, an increase of
8.1 percent over last year.  The all-new IS 300 sport sedan sales continued to
soar with 2,998 units.  Sales of RX 300 and LX 470 sport utility vehicles
climbed to 9,117 and 1,333 units, up 30.0 and 16.5 percent, respectively,
marking a best-ever sales month for Lexus light trucks.
    Sales of North American-built vehicles made up 59.6 percent of total
August sales.  There were 27 selling days compared to 26 last August.

                                TOYOTA/LEXUS SALES
                                   AUGUST, 2000

                              CURRENT MONTH         CALENDAR YEAR TO DATE
                                           DSR %                       DSR %
                        2000       1999    CHG       2000      1999    CHG
    TOTAL VEHICLE
     SALES           148,229    134,504    6.1   1,096,978   981,734   11.2
     Memo: Total
      Toyota Div.    126,949    117,433    4.1     964,417   857,740   11.9
     Memo: Total
      Lexus Div.      21,280     17,071   20.0     132,561   123,994    6.4

    TOYOTA DIV.
     IMPORT CAR       22,225     12,984   64.8     166,661    91,834   80.6
    LEXUS IMPORT CAR  10,830      9,215   13.2      61,747    67,172   -8.5
    TOYOTA DIV NA
     BUILT CARS       55,562     58,650   -8.8     438,808   436,432    0.1
    TOTAL TOYOTA CARS 88,617     80,849    5.5     667,216   595,438   11.5

    SPORT UTILITY
     VEHICLES         26,770     25,927   -0.6     190,486   194,644   -2.6
     Memo: Lexus
      Sport Utility   10,450      7,856   28.1      70,814    56,822   24.0

    SMALL VANS         9,256      7,758   14.9      74,376    64,819   14.2
    PICKUPS           23,586     19,970   13.7     164,900   126,833   29.4

    * NORTH AMERICAN BUILT VEHICLES
    COROLLA           20,114     24,013  -19.3     161,904   174,197   -7.5
    CAMRY             26,192     29,816  -15.4     203,799   223,230   -9.1
    AVALON             9,256      4,821   84.9      73,105    39,005   86.5
    SIENNA             9,256      7,758   14.9      74,375    64,819   14.2
    PICKUP            23,586     19,968   13.7     164,891   126,617   29.6
    TOTAL             88,404     86,376   -1.4     678,074   627,868    7.5
    N.A. VEHICLES %
     OF TOTAL          59.6%      64.2%              61.8%     64.0%

    SELLING DAYS          27         26                206       205
    DSR = DAILY SELLING RATE