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Toyota Announces Best-Ever Sales Month

- Shatters Record Set Just Three Months EarlierTORRANCE, Calif., Sept. 4 -- Toyota Motor Sales (TMS), U.S.A., Inc., today reported its best-ever sales month in 45 years of business in the U.S. with 186,599 vehicles sold, up 13.2 percent and smashing the previous mark set just three months ago by 17,071 units. Calendar-year-to- date sales now stand at 1,221,005, up 4.1 percent.

"The auto industry continues to drive the economy for two basic reasons," said Jim Press, TMS executive vice president and COO. "First, consumers are discovering across-the-board variety and quality that has never been better. Second, and most important, they've discovered that a new-car purchase is more affordable now, than it's been in the last 24 years."

The Toyota Division celebrated a best-ever sales month with 162,476 units sold, up 13.4 percent over the same period last year. The Lexus Division also enjoyed its best-ever month with 24,123 sales, an increase of 12.0 percent over last August.

Toyota Division passenger cars enjoyed best-ever August sales with 87,631 units sold, up 15.6 percent. Camry, the number one selling car in America, led the charge with best-ever August sales of 45,442, up 27.0 percent. The Corolla compact sedan also enjoyed strong August sales with 27,100 units sold, an increase of 26.7 percent. The Prius gas/electric hybrid sedan enjoyed best-ever August sales with 1,756 units sold, up 29.2 percent.

It was the best-ever selling month for Toyota Division light trucks with 74,845 sales, an increase of 11.0 percent over the same period last year. The Highlander mid-size sport utility vehicle (SUV) achieved it best-ever sales month with 12,401 units sold, up 32.5 percent. The RAV4 compact SUV also reported its best-ever sales month with 10,329, up 25.7 percent. The Tundra full-size pickup had a record-setting August with sales of 11,154, an increase of 9.4 percent. Best-ever August sales of the Sequoia full-size SUV totaled 6,566, up 8.6 percent. Tacoma compact pickup sales totaled 17,034, an increase of 10.3 percent.

The Lexus Division's record-setting sales month was paced by best-ever passenger car sales of 16,048, up 27.4 percent over the same period last year. The ES 300 sedan led the Lexus sales charge with best-ever monthly sales of 7,767, up 97.4 percent. The IS 300 series also reported strong sales of 2,305, an increase of 22.2 percent. The SC 430 hardtop convertible posted sales of 1,290, up 13.1 percent.

Sales of North American-built vehicles accounted for 56.9 percent of total August sales. There were 28 selling days compared to 27 last August.

                             TOYOTA RETAIL SALES
                          (INCLUDES FLEET & HAWAII)
                                 August, 2002

                      ----- CURRENT MONTH ---    -- CALENDAR YEAR TO DATE --
                                         DSR%                         DSR%
                        2002     2001     CHG       2002      2001     CHG

    ECHO               3,185    4,310   -28.7     21,505    30,283   -29.3
    COROLLA           27,100   20,629    26.7    168,561   162,410     3.3
    CELICA             2,238    3,225   -33.1     17,248    27,331   -37.2
    CAMRY             45,442   34,509    27.0    309,618   264,635    16.4
    AVALON             7,414    8,587   -16.7     48,502    57,696   -16.3
    MR2 SPYDER           496      545   -12.2      3,565     4,560   -22.2
    PRIUS              1,756    1,311    29.2     13,216     9,754    34.8
    TOTAL TOYOTA DIV.
     PASS. CAR        87,631   73,116    15.6    582,215   556,672     4.1

    ES 300             7,767    3,795    97.4     49,166    25,923    88.7
    LS 430             2,695    2,743    -5.3     17,741    22,130   -20.2
    SC 430             1,290    1,100    13.1     10,808     8,527    26.1
    GS 300             1,771    2,237   -23.7     10,017    14,167   -29.6
    GS 430               220      455   -53.4      1,674     3,299   -49.5
    IS 300             2,305    1,819    22.2     14,921    15,932    -6.8
    TOTAL LEXUS
     PASS. CAR        16,048   12,149    27.4    104,327    89,985    15.4

    TOTAL TOYOTA
     PASS. CAR       103,679   85,265    17.3    686,542   646,657     5.7

    SIENNA             7,935    7,684    -0.4     58,496    60,042    -3.0
    RAV4              10,329    7,922    25.7     61,188    58,951     3.3
    4RUNNER            8,849    8,819    -3.2     53,446    59,526   -10.6
    HIGHLANDER        12,401    9,022    32.5     77,567    56,605    36.4
    LAND CRUISER         577    1,029   -45.9      4,222     5,308   -20.8
    SEQUOIA            6,566    5,831     8.6     47,307    45,204     4.1

    4X2 TACOMA        10,369    8,471    18.0     64,246    63,151     1.2
    4X4 TACOMA         6,665    6,427     0.0     42,179    45,590    -7.9
    TOTAL TACOMA      17,034   14,898    10.3    106,425   108,741    -2.6

    TUNDRA            11,154    9,830     9.4     70,169    68,981     1.2

    TOTAL PICKUP      28,188   24,728     9.9    176,594   177,722    -1.1

    TOTAL TOYOTA
     DIV. LT TRUCK    74,845   65,035    11.0    478,820   463,358     2.8

    LX 470               837      997   -19.0      5,807     6,334    -8.8
    RX 300             7,238    7,621    -8.4     49,836    51,233    -3.2
    TOTAL LEXUS
     LIGHT TRUCK       8,075    8,618    -9.6     55,643    57,567    -3.8

    TOTAL TOYOTA
     LIGHT TRUCK      82,920   73,653     8.6    534,463   520,925     2.1

    TOTAL TOYOTA
     DIV.            162,476  138,151    13.4  1,061,035  1,020,030    3.5
    TOTAL LEXUS       24,123   20,767    12.0    159,970    147,552    7.9
    TOTAL TOYOTA     186,599  158,918    13.2  1,221,005  1,167,582    4.1

    MEMO:
    DOM. COROLLA      20,250   20,629    -5.3    152,763   162,410    -6.4
    DOM. CAMRY        35,895   20,322    70.3    243,154   209,748    15.4
    DOM. PICKUP       28,188   24,728     9.9    176,594   177,722    -1.1

    SELLING DAYS          28       27                206       205

    TOTAL IMPORT
     CAR              40,120   35,727     8.3    242,123    216,803   11.1
    TOTAL DOMESTIC
     CAR              63,559   49,538    23.7    444,419    429,854    2.9
    TOYOTA DIV.
     IMPORT CAR       24,072   23,578    -1.6    137,796    126,818    8.1

    TOTAL VEHICLE
     SALES           186,599  158,918    13.2  1,221,005  1,167,582    4.1
      Memo: Total
       Toyota Div.   162,476  138,151    13.4  1,061,035  1,020,030    3.5
      Memo: Total
       Lexus Div.     24,123   20,767    12.0    159,970    147,552    7.9

    TOYOTA DIV.
     IMPORT CAR       24,072   23,578    -1.6    137,796    126,818    8.1
    LEXUS IMPORT
     CAR              16,048   12,149    27.4    104,327     89,985   15.4
    TOYOTA DIV
     NA BUILT CARS    63,559   49,538    23.7    444,419    429,854    2.9
    TOTAL TOYOTA
     CARS            103,679   85,265    17.3    686,542    646,657    5.7

    SPORT UTILITY
     VEHICLES         46,797   41,241     9.4    299,373    283,161    5.2
      Memo: Lexus
       Sport Utility   8,075    8,618    -9.6     55,643     57,567   -3.8

    SMALL VANS         7,935    7,684    -0.4     58,496     60,042   -3.0
    PICKUPS           28,188   24,728     9.9    176,594    177,722   -1.1

    * NORTH AMERICAN BUILT VEHICLES

    COROLLA           20,250   20,629    -5.3    152,763    162,410   -6.4
    CAMRY             35,895   20,322    70.3    243,154    209,748   15.4
    AVALON             7,414    8,587   -16.7     48,502     57,696  -16.3
    SIENNA             7,935    7,684    -0.4     58,496     60,042   -3.0
    PICKUP            28,188   24,728     9.9    176,594    177,722   -1.1
    SEQUOIA            6,566    5,831     8.6     47,307     45,204    4.1
    TOTAL            106,248   87,781    16.7    726,816    712,822    1.5
    N.A. VEHICLES
     % OF TOTAL        56.9%    55.2%              59.5%      61.1%

    SELLING DAYS          28       27                206        205

    DSR = DAILY SELLING RATE