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Toyota Reports August Sales

4 September 1997

Toyota Reports Strong August Sales

    TORRANCE, Calif., Sept. 3 -- Toyota Motor Sales, USA (TMS),
Inc., today announced strong August sales of 117,995 cars and trucks, a slight
decrease compared to the previous year's all-time best-ever August.  Year-to-
date sales of 856,172 are 8.0 percent ahead of 1996.
    "Sustained job growth and affordable interest rates have created bullish
consumer confidence, " said Yale Gieszl, TMS executive vice president.  "The
result is a gradual and predictable expansion of the economy in the third
quarter that we see holding steady for the remainder of the year."
    Toyota's 4Runner continued to sell in record numbers.  August sales of
13,705 units were up 52.0 percent and represented the best-ever single sales
month in the vehicle's history.  Year-to-date, 4Runner sales of 87,967 are
31.7 percent ahead of last year.
    RAV4 posted strong sales of 7,111 units, up 3.6 percent.  Year-to-date
sales of 46,638 are 27.5 percent ahead of last year.
    Camry, with 36,765 sales during August, remains up 12.1 percent for the
year at 275,806 units.  Corolla year-to-date sales of 159,867, up 9.5 percent,
continued to hold strong in the fifth and final year of its current model
cycle.
    The Lexus Division reported its best-ever single sales month with sales of
11,117, up 41.4 percent.  Leading Lexus' sales was ES 300 with its best-ever
month of 7,711 sales, an increase of 87.7 percent.  A strong performance was
also seen from LX 450, up 40.6 percent with 826.
    North American-produced vehicles made up 57.5 percent of Toyota's August
sales, up from 55.5 percent the previous year.  There were 26 selling days in
August 1997, compared with 27 for the previous year.

                              TOYOTA/LEXUS SALES
                                 AUGUST, 1997

                               CURRENT MONTH       CALENDAR YEAR TO DATE
                                               DSR %                     DSR %
                             1997      1996     CHG      1997     1996    CHG

    TOTAL VEHICLE SALES   117,995  128,216   -4.4   856,172  800,421    8.0
    Memo: Total Toyota Div.106,878 120,036   -7.5   791,496  747,481    6.9
    Memo: Total Lexus Div. 11,117    8,180   41.1    64,676   52,940   23.4

    TOYOTA DIV. IMPORT CAR 13,937   25,312  -42.8    92,164  120,548  -22.8
    LEXUS IMPORT CAR       10,291    7,570   41.2    59,212   47,887   24.9
    TOYOTA DIV NA BUILT CARS53,334  54,372    1.9   433,788  385,407   13.7
    TOTAL TOYOTA CARS      77,562   87,254   -7.7   585,164  553,842    6.7

    SPORT UTILITY VEHICLES 22,659   18,461   27.5   148,139  117,928   26.8
    Memo: Lexus Sport Utility 826      610   40.6     5,464    5,053    9.2

    SMALL VANS                266    1,104  -75.0     3,499    6,268  -43.6
    PICKUPS                17,508   21,397  -15.0   119,370  122,383   -1.5
    * NORTH AMERICAN
     BUILT VEHICLES
    COROLLA                21,447   23,799   -6.4   158,908  141,871   13.1
    CAMRY                  26,034   23,128   16.9   225,070  194,439   16.9
    AVALON                  5,853    7,445  -18.4    49,810   49,097    2.4
    PICKUP                 14,513   16,801  -10.3    96,452   96,152    1.3
    TOTAL                  67,847   71,173   -1.0   530,240  481,559   11.2
    N.A. VEHICLES % OF TOTAL57.5%    55.5%    ---     61.9%    60.2%    ---
    SELLING DAYS               26       27    ---       205      207    ---

    DSR = DAILY SELLING RATE

SOURCE  Toyota Motor Sales, USA