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Toyota Financial Services Celebrates $100 Billion in Retail and Lease Contracts

June 18, 2001

Toyota Financial Services (TFS) recognized Jack and Dana Grogger for being the "100 Billion Dollar Customers" at a ceremony at the Toyota of Orange dealership in Orange, Calif., on June 11. TFS paid off the outstanding balance on

the Groggers' 2001 Tacoma truck to celebrate the

company¹s achievement of purchasing more than $100 billion in retail and lease contracts since


Mike Deaderick, senior vice president for TFS, and Dave Pelliccioni, vice president for sales,

marketing, and operations, greeted the Groggers

and their son, Luke, at the dealership. The family was presented with a framed award letter, the title to the truck, and a Toyota travel bag filled with Toyota merchandise.

Joining in the festivities were Joe Ehlert, general sales manager for Toyota of Orange, and Shirley Cramer, TFS branch manager for Irvine, Calif.

"I was so shocked!" said Dana Grogger. "I thought it was a practical joke when I received the call from Toyota Financial Services." TFS assured them that it was real, and faxed them a letter confirming the award. "This is so exciting for us!" Jack Grogger said.

About Toyota Financial Services

Since opening its doors in 1983, TFS has grown

from a small company with eight associates to

become the third largest captive finance company, and the 9th largest finance company in the United States.

TFS currently employs more than 2,700 associates nationwide, and has managed assets

totaling $32 billion.

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