Toyota Automobile Company is a Japanese multinational automotive manufacturer headquartered in Toyota, Aichi, Japan. In 2017, Toyota’s corporate structure consisted of 364,445 employees worldwide and, as of December 2019, was the tenth-largest company in the world by revenue.
The company is the second largest automobile manufacturer in the world, behind Volkswagen, based on 2018 unit sales. Toyota was the world’s first automobile manufacturer to produce more than 10 million vehicles per year. Which it has done since 2012, when it also reported the production of its 200-millionth vehicle. As of July 2014, Toyota was the largest listed company in Japan by market capitalization (worth more than twice as much as number 2-ranked SoftBank) and by revenue.
Toyota Hybrid Electric Vehicles
Toyota is the global market leader in sales of hybrid electric vehicles. They are One of the largest companies to encourage the mass-market adoption of hybrid vehicles across the globe. The company is also a market leader in hydrogen fuel-cell vehicles. Cumulative global sales of Toyota and Lexus hybrid passenger car models achieved the 10 million milestone in January 2017. Its Prius family is the world’s top-selling hybrid nameplate with over 6 million units sold worldwide as of January 2017.
Toyota Automobile Company Founder
The company was founded by Kiichiro Toyoda in 1937, as a spinoff from his father’s company Toyota Industries to create automobiles. Three years earlier, in 1934, while still a department of Toyota Industries, it created its first product, the Type A engine. And its first passenger car was manufacture two years later in 1936, the Toyota AA. The company produces vehicles under five brands, including the Toyota brand, Hino, Lexus, Ranz, and Daihatsu.
Toyota Automobile Company Global Ranking
Toyota, which earlier was the world’s third-largest automotive manufacturer behind American General Motors and Ford. Produced for the first time in history more vehicles than Ford in 2005. In 2006 even more than General Motors and has been the world’s largest automotive manufacturer since then, except in 2011 when, triggered by the 2011 Tōhoku earthquake and tsunami, it fell to the number 3 position behind General Motors and German Volkswagen Group. In 2019, Toyota became number one automobile manufacturer in the world
Logo And Branding
Toyota entered the passenger car market with its Model AA in 1936 and held a competition to establish a new logo emphasizing speed for its new product line. After receiving 27,000 entries, one was selected that additionally resulted in a change of its moniker to “Toyota” from the family name “Toyoda”. The new name was believed to sound better, and its eight-stroke count in the Japanese language was associated with wealth and good fortune.
In 2018 Toyota was considered as being behind in smart car technology and in need of innovation. The company invested $4 billion in a robotics and AI research institute to create safer vehicles. Alongside the robotics and AI centre, Toyota launched a $2.8 Billion dollar Self-Driving Car Company called Toyota Research Institute-Advanced Development, or TRI-AD, with automotive supplier Aisin Seiki and Denso.
Toyota invested $500m in the driverless car company Uber with the amb
Toyota Automobile Company Factory Locations
With the ambition to build the combined technology into Toyota’s Sienna minivans, to be used on Uber’s ride-hailing network from 2021. In 2019 Toyota partnered with Chinese technology firm Cogobuy to build a Smart Car Ecosystem in the hopes of turning the company from manufacturing-oriented to intelligence-oriented.
In early 2019 it was announced that Japan is planning a moon landing for 2029 and wants its astronauts to explore the lunar surface in a vehicle built by Japanese automaker Toyota.
The company has factories in most parts of the world, manufacturing or assembling vehicles for local markets in Japan, Australia (until 2017), Bangladesh, India, Sri Lanka, Canada, Indonesia, Poland, South Africa, Turkey, Colombia, the United Kingdom, the United States, France, Brazil, Portugal, and more recently, Argentina, Czech Republic, Mexico (Tijuana), Malaysia, Thailand, Pakistan, Egypt, China, Vietnam, Venezuela, the Philippines, and Russia.
Toyota Car Models
As of 2009, Toyota officially lists approximately 70 different models sold under its namesake brand, including sedans, coupes, vans, trucks, hybrids, and crossovers. Many of these models are produced as passenger sedans, which range from the subcompact Toyota Yaris, compact Corolla, to mid-size Camry and full-size Avalon. Vans include the Previa/Estima, Sienna, and others. Several small cars, such as the xB and tC, were sold under the Scion brand.
Toyota has been involved in many global motorports series. They also represent their Lexus brand in other sports car racing categories. The company also makes engines and other auto parts for other Japanese motorports including Formula Nippon, Super GT, Formula 3, and Toyota Racing Series. They also runs a driver development programme known as the Toyota Young Drivers Program. This was made to for fund and educate future Japanese motorports talent. Toyota Motorsport GmbH, with headquarters in Cologne, Germany, has been responsible for Toyota’s major motorsports development including the FIA Formula One World Championship, the FIA World Rally Championship, the Le Mans Series, and most recently the FIA World Endurance Championship. Toyota enjoyed success in all these motorsports categories.
Toyota Cars are one of best affordable cars on the planet. Easy to maintain and durable too. Anywhere there is human beings in the world, Toyota cars must be available. This made it the most popular car in the world. It is a car with second hand value, that is, you can easily resale the car when you are tired of using that particular product. A car with great interior comfort and exterior beauty.