Toyota : The Toyota Motor Corporation was founded in September 1933 by Kiichiro Toyoda. The headquarters of Toyota is located in Toyota, Aichi, Japan. Toyota has become one of the most successful and profitable Japanese companies and one of the world’s largest automaker corporations.
It’s also one of few automobile corporations that extensively produced and pushed car based on the hybrid fuel technology in the market such as in the hybrid Scion, Toyota and even in the luxury Lexus division cars.
Toyota Motor Co. was established as an independent company in 1937. Although the founding family name is Toyoda, the company name was changed in order to signify the separation of the founders’ work life from home life, to simplify the pronunciation, and to give the company a happy beginning.It manufactures vehicles sold in the United States under the brand names Toyota, Scion and Lexus. Toyota also owns majority stakes in Daihatsu and Hino, and 8.7% of Fuji Heavy Industries, which manufactures Subaru vehicles.
- The first Toyota built outside of Japan was a Land Cruiser FJ-251, built in Sao Paulo, Brazil in May 1959.
- In 2002, Toyota successfully road-tested a new version of the RAV4 which ran on a Hydrogen fuel cell.
- As of 2005, Toyota, combined with its half-owned subsidiary Daihatsu Motor Company, produced 8.54 million vehicles, about 500,000 fewer than the number produced by GM that year. Along with General Motors, by producing and selling 9.8 million vehicles in 2008 increasing sales. It’s one of the Japanese “big three” challenging American automobile manufacturers that includes Nissan and Honda with high success.
- In the 2006 Forbes Global 2000 it is the 12th largest company in the world. It has been consistently gaining market share in the United States, while shrinking sales for Ford and General Motors in the United States.
Toyota’s slogan is “Moving forward” or “It’s time to move forward” in the United States and various other countries in the world. In Europe their common slogan is “Today. Tomorrow. Toyota.”
Toyota has factories of manufacturing or assembling plants all over the world like United States, Japan, Australia, Canada, Indonesia, Poland, South Africa, Turkey, United Kingdom, France, Brazil, Pakistan, India, Argentina, Czech Republic, Mexico, Malaysia, Thailand, China, Venezuela, and Philippines.