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Toyota Reports September Sales

1 October 1998

Toyota Reports Strong Third Quarter and Best-Ever September Sales
    TORRANCE, Calif., Oct. 1 -- Toyota Motor Sales (TMS), U.S.A.,
Inc., reported today best-ever September sales of 108,545 vehicles, up
42.6 percent over last year.  Sales for the first three quarters, calendar-
year-to-date (CYTD), totaled 997,185, an increase of 7.0 percent compared to
the same period last year.
    "The Fed's interest-rate cut bodes well for the final quarter and should
add a much-needed boost to consumer confidence," said Yale Gieszl, TMS
executive vice president.
    The Toyota Division posted record September sales of 96,271, up
37.4 percent from last year.  The Lexus Division set a September sales record
with 12,274, up 102.4 percent.  Lexus CYTD sales stand at 112,274, an increase
of 58.7 percent over last year.
    A record-setting September for Toyota passenger cars was led by Camry with
best-ever September sales of 32,780, an increase of 28.3 percent.  Camry CYTD
sales now stand at 302,738, up 0.5 percent over last year. Also setting a
September record was Avalon with 7,615 sales, up 148.2 percent over the same
period last year.  Corolla enjoyed a strong September with sales of 19,302, an
increase of 61.9 percent over last year, while Celica sales rose 19.3 percent.
    Toyota Division light trucks set a September record, led by 4Runner with
best-ever September sales of 10,032, up 5.6 percent and RAV4 with best-ever
September sales of 5,476, an increase of 18.3 percent.  Sienna  set a
September record for a Toyota passenger van with sales of 6,704 units. Tacoma
4WD pickup sales rose 14.6 percent to 6,089 and 2WD Tacoma sales rose
6.8 percent to 5,847.  Total Tacoma sales were 11,936, up 10.6 percent over
the same period last year.  Land Cruiser continued to record strong sales with
1,157, an increase of 25.2 percent.
    The Lexus Division was led by the all-new RX 300 sport utility vehicle,
with sales of 3,972 units.  The LX 470 more than doubled its sales over last
September with 1,011, up 117.4 percent, while the luxury division's flagship
sedan, the LS 400, rose 3.0 percent to 1,763.  The GS 300/400 also posted
strong sales with 2,101 units.
    Sales of North American-built vehicles made up 64.2 percent of total
September deliveries, up from 59.4 percent the previous year.

                                TOYOTA/LEXUS SALES
                                 SEPTEMBER, 1998

                           -- CURRENT MONTH --    -- CALENDAR YEAR TO DATE --
                                          DSR %                       DSR %
                        1998       1997     CHG     1998      1997      CHG
    TOTAL VEHICLE
     SALES           108,545     76,130    42.6  997,185   932,302      7.0
      Memo: Total
       Toyota Div.    96,271     70,065    37.4  884,911   861,561      2.7
      Memo: Total
       Lexus Div.     12,274      6,065   102.4  112,274    70,741     58.7
    TOYOTA DIV.
     IMPORT CAR        9,169      7,839    17.0  107,921   100,003      7.9
    LEXUS IMPORT CAR   7,291      5,600    30.2   77,716    64,812     19.9
    TOYOTA DIV NA
     BUILT CARS       51,023     34,443    48.1  451,283   468,231     -3.6
    TOTAL TOYOTA CARS 67,483     47,882    40.9  636,920   633,046      0.6

    SPORT UTILITY
     VEHICLES         21,648     15,517    39.5  178,917   163,656      9.3
    Memo: Lexus
     Sport Utility     4,983        465   971.6   34,558     5,929    482.9

    SMALL VANS         6,708        135  4868.9   59,101     3,634   1526.3
    PICKUPS           12,706     12,596     0.9  122,247   131,966     -7.4

    * NORTH AMERICAN
     BUILT VEHICLES
    COROLLA           19,301     11,884    62.4  190,950   170,792     11.8
    CAMRY             24,107     19,491    23.7  200,684   244,561    -17.9
    AVALON             7,615      3,068   148.2   59,649    52,878     12.8
    SIENNA             6,704          0      NA   59,013         0       NA
    PICKUP            11,936     10,788    10.6  115,241   107,240      7.5
    TOTAL             69,663     45,231    54.0  625,537   575,471      8.7
    N.A. VEHICLES %
     OF TOTAL          64.2%      59.4%            62.7%     61.7%

    SELLING DAYS          25         25              230       230
    DSR = DAILY
     SELLING RATE