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TOYOTA ANNOUNCES KEY MANAGEMENT CHANGES

 TORRANCE, Calif., April 12 /PRNewswire/ -- Key management changes were announced today by Shinji Sakai, president and chief executive officer of Toyota Motor Sales (TMS), U.S.A., Inc.
 "These changes are part of our strategy to help prepare for the next decade," noted Sakai. "Since Toyota began operating in the U.S. 35 years ago, the company has grown considerably. Today, Toyota and its U.S. affiliates employ nearly 16,000 Americans and by the mid- '90s that number will climb to 19,000. As the number of employees increases, so will Toyota's U.S.-made vehicles, exports and purchases of U.S. parts and materials. Like the changes we announced in January, these executive changes will ensure that we meet the demands of a more complex operation and changing market."
 Wolfgang Jahn, formerly TMS vice president of finance, was promoted to group vice president, Toyota Motor Credit Corp. (TMCC)/Toyota Motor Insurance Services (TMIS). In this position, Jahn will oversee TMCC's and TMIS' growing operations. Today, TMCC has $10 billion in assets.
 Jahn replaces Robert Pitts, formerly TMCC vice president and general manager, who becomes TMS group vice president, finance and administration. In this position, Pitts will be responsible for the corporate purchasing and administration, information systems, finance, tax and accounting departments.
 Also named group vice president was William A. Plourde Jr., formerly TMS vice president and general counsel. Plourde retains his current responsibilities.
 Jahn, Pitts and Plourde will report to John McGovern, TMS senior vice president, finance and administration.
 In addition, Douglas M. West, formerly TMS vice president of export and logistics operations, was promoted to group vice president with the same responsibilities, including Toyota's expanding export operations. In 1988, Toyota exported 200 U.S.-built vehicles. Last year, exports climbed to 43,500 and by the mid-'90s, Toyota will export approximately 90,000. West continues to report to Yale Gieszl, TMS executive vice president.
 Promoted to vice president are Anthony Buckman and Gregory Willis, formerly TMS corporate tax manager and corporate controller, respectively. Both will retain the same responsibilities and report to Pitts.
 Douglas Smith, formerly TMS corporate manager, government and industry relations, Washington, D.C., was promoted to vice president, government affairs, reporting to James Olson, TMS group vice president, external affairs.
 At TABC, Toyota's Long Beach, Calif., truck bed and catalytic converter manufacturing plant, Thomas Tullius was named vice president and general manager. Tullius, formerly TABC general manager, quality assurance, engineering and facilities maintenance, maintains his current responsibilities in addition to overseeing production operations. He continues to report to TABC President A. Kitamura. TABC is a TMS subsidiary.
 Also promoted was David Laufer, formerly senior managing counsel, corporate legal department, who was named assistant general counsel. He continues to report to Plourde.
 Several promotions to corporate manager also were announced.
 Fletcher Davidson was named corporate manager of the North American Parts Logistics Department (NAPLD). He was previously NAPLD national projects manager. Davidson's responsibilities include the planning and development of parts procurement from North American suppliers. He reports to Robert Bennett, NAPLD vice president and general manager.
 Steven Sturm was promoted from national manager, distribution, logistics and planning, Lexus Division to corporate manager of the same area. He reports to George Borst, group vice president and general manager, Lexus Division.
 In addition, Robert Wade moves from TMS' Washington, D.C., office to TMS' corporate headquarters in Torrance, as corporate manager, corporate communications and philanthropy. He will report to Olson. Wade was formerly national industry affairs manager, corporate external affairs department.
 -0- 4/12/94
 /EDITOR'S NOTE: Photos available upon request./
 /CONTACT: Mindy Geller, (Calif.) 310-618-5204, Fred Hammond, (N.Y.) 212-644-3424, of John McCandless, (Detroit) 313-259-2004, all of Toyota Motor Sales, U.S.A./


CO: Toyota Motor Sales, U.S.A., Inc. ST: California IN: AUT SU: PER

JB-CC -- LA017 -- 4791 04/12/93 13:09 EDT
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Date:Apr 12, 1993
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