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January 11, 2008 - Erlanger, KY - Toyota Motor Engineering & Manufacturing North America, Inc. (TEMA) boosted vehicle and engine production to record levels at its North American plants in 2007. Toyota built 1,671,009 vehicles, an eight percent increase, and 1,571,872 engines, a 10% increase. Gains are largely attributed to Tundra production ramp-up in Texas and Camry production in Indiana.

North American Toyota production began in 1984 and has grown steadily over the years. Toyota’s production has increased 39% over the last five years. In addition, this year Toyota will build its 20 millionth vehicle in North America including the 5 millionth Corolla.

Toyota produces 11 models in North America: Avalon, Camry, Camry Hybrid, Corolla, Matrix, Sequoia, Sienna, Solara, Tacoma, Tundra and Lexus RX350 in North America.

Toyota is preparing to increase vehicle capacity to approximately 2.2 million units by 2010.

In 2008 and beyond:
• Toyota Motor Manufacturing, Kentucky, Inc. (TMMK) will produce the Venza crossover sedan starting this fall.
• A new Toyota plant in Woodstock, Ontario will open late in the year with the capacity to build 150,000 RAV4s.
• In 2010, Toyota Motor Manufacturing Mississippi, Inc. (TMMMS) will open with the capacity to produce 150,000 Highlanders.

In 2007, the following projects were completed:
• Toyota Motor Manufacturing, West Virginia (TMMWV) completed an expansion resulting in increased production of 240,000 transmissions and 150 new jobs.
• Subaru Indiana Automotive, Inc. (SIA) began production of the Camry in April, adding 1,000 jobs. Toyota owns a stake in SIA’s parent, Fuji Heavy Industries.
• Toyota Motor Manufacturing Baja California (TMMBC) increased its Tacoma capacity by 20,000 units to 50,000 and truck bed capacity by 20,000 to 200,000.
• The following vehicles hit North American production milestones: Tacoma (3 million), Avalon (1 million) and Tundra (1 million).

In addition to the above mentioned plants, Toyota subsidiary Bodine Aluminum, Inc., in Tennessee and Missouri, casts aluminum parts such as cylinder heads, intake manifolds, engine brackets and engine blocks. TABC, Inc. in Long Beach, California, manufactures truck beds, catalytic converters, stamped parts, coated substrates and steering columns, along with Hino Trucks. Canadian Autoparts Toyota, Inc. (CAPTIN) in Delta, British Columbia, produces aluminum wheels.

About Toyota

Toyota (NYSE:TM) established operations in North America in 1957 and will operate 15 manufacturing plants in North America by 2010. There are more than 1,700 Toyota, Lexus and Scion dealerships in North America which sold more than 2.9 million vehicles in 2007. Toyota directly employs over 42,000 in North America and its investment here is currently valued at more than $19 billion, including sales and manufacturing operations, research and development, financial services and design. Toyota’s purchasing of parts, materials, goods and services from North American suppliers totals more than $30 billion per year.

Toyota currently produces 11 vehicles in North America, including the Avalon, Camry, Camry Hybrid, Corolla, Matrix, Sienna, Solara, Sequoia, Tacoma, Tundra and the Lexus RX 350. By 2010, Toyota will have the annual capacity to build approximately 2.2 million cars and trucks, 1.45 million engines and 600,000 automatic transmissions. For more information about Toyota, visit www.toyota.com.