FRAMED Toyota MRS 24 x 36 in. POSTER |
"Toyota Motor Corporation (Toyota Jidôsha Kabushiki-gaisha?), or Toyota for short, is a
Japanese multinational automobile manufacturer.
It is the world's largest automaker in 2006 and second largest in 2007 behind General Motors. It is the world's largest automaker by net worth ($190 billion) revenue (USD $215.62 billion) and profit ($15.09 billion). Toyota owns and operates Toyota, Lexus, Scion, has a majority shareholding in Daihatsu Motors (a minicar manufacturer, that includes the hybrid vehicle technology Daihatsu Mild Hybrid System), Hino Motors (a manufacturer of commercial trucks, including hybrid vehicles) and has minority shareholdings in Fuji Heavy Industries (a manufacturer of Subaru brand cars), Isuzu Motors (the commercial truck manufacturer) and in Yamaha Motors the engine, motor cycle and marine craft manufacturer. The company includes 522 subsidiaries. The company was founded in 1937 by Kiichiro Toyoda as a spinoff from his father's (Sakichi Toyoda) company Toyota Industries to create automobiles. |
In 1934, while still a department of Toyota Industries, it created its first product Type A engine and its first passenger car (the Toyota AA) in 1936.It is headquartered in Toyota, Aichi and Bunkyo Tokyo, Japan. It also provides financial services through its division Toyota Financial Services and also creates robots besides automobiles. The company along with the original Toyota Industries form bulk of the Toyota Group.
Toyota plans to produce 9.4 million vehicles in 2007. It plans to sell 10.4 million automobiles in 2008, which would make a record for an automaker to sell more than 10 million in a year. By January 8, 2008, the company will drop "Motor" from its corporate name and call itself simply "Toyota Corporation" (Kabushiki-gaisha Toyota). In the Japanese name, "Toyota" will change its brand name from Katakana to Kanji and "Corporation" will move from the end to beginning."
This information found: Wikipedia Encylopedia
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