Toyota Announces 2006 North American Production Results

• Engine Production Reaches Record Level

• Vehicle Capacity to Increase 470,000 Units by 2008

Erlanger, KY - Toyota Motor Engineering & Manufacturing North America, Inc. (TEMA) announced today that the company's North American manufacturing facilities produced 1,553,790 vehicles and 1,428,662 engines in 2006.

In North America, Toyota produces the Avalon, Camry, Camry Hybrid, Corolla, Matrix, Sequoia, Sienna, Solara, Tacoma, Tundra and Lexus RX 350.

Year-over-year, vehicle production was unchanged and engine production was up ten percent to reach a record level. Toyota is currently preparing for numerous start-up and expansion activities in North America that will increase vehicle capacity to two million units by 2008. This represents an additional 470,000 units of vehicle capacity in North America.

"This was a critical year for Toyota as we began production of the next generation Camry, the Camry Hybrid and commenced Tundra production in Texas," said Seiichi Sudo, president and COO of TEMA. "By 2008, Toyota's vehicle capacity will grow 33 percent as we follow our philosophy to build vehicles where we sell them."

This following is a breakdown of Toyota's capacity increase through 2008:

• Toyota Motor Manufacturing, Texas (TMMTX) started operations in November 2006 and, when at full capacity, will be able to produce 200,000 units of Tundra pickup trucks per year.

• Subaru Indiana Automotive, Inc. (SIA) will begin production of the Camry this spring and, when at full capacity, will be able to produce 100,000 units annually.

• Toyota Motor Manufacturing de Baja California (TMMBC) will expand Tacoma truck capacity this year by 20,000 units for total vehicle capacity of 50,000 units annually.

• Toyota Motor Manufacturing Canada's (TMMC) Woodstock facility will begin production of the RAV4 in 2008 with capacity of 150,000 units annually.

Additionally, Toyota anticipates the following projects to come on line in 2007:

• Toyota Motor Manufacturing, West Virginia, Inc. (TMMWV) will produce an additional 240,000 automatic transmissions for total annual capacity of 600,000 automatic transmissions per year.

• Bodine Aluminum, Inc.'s Jackson, Tennessee plant will increase capacity to build one million engine blocks and 270,000 cast aluminum transmission cases and housings.