Tuesday, April 16, 2013

History of Toyota

-->
Toyota Motor Corporation is a car produced company ( Toyota Jidōsha KK?, IPA: [toꜜjota]) /tɔɪˈoʊtə/, abbreviated TMC, is

a Japanese multinational automaker headquartered in Toyota, Aichi, Japan. In 2010, Toyota

employed 300,734 people worldwide, and was the third-largest automobile manufacturer in 2011

by production behind General Motors and Volkswagen Group. Toyota is the eleventh-largest

company in the world by revenue for new car. In July 2012, the company reported it had manufactured its

200-millionth vehicle.

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, in

1936, its first passenger car, the Toyota AA. Toyota Motor Corporation group companies are

Toyota (including the Scion brand), Lexus, Daihatsu, and Hino Motors, along with several

"nonautomotive" companies. TMC is part of the Toyota Group, one of the largest conglomerates

in the world.

Toyota is headquartered in Toyota City, Aichi. Its Tokyo office is located in Bunkyo, Tokyo.

Its Nagoya office is located in Nakamura-ku, Nagoya. In addition to manufacturing

automobiles, Toyota provides financial services through its Toyota Financial Services

division, and also builds robots.

In predominantly Chinese-speaking countries or regions using traditional Chinese characters,

e.g. Hong Kong and Taiwan, Toyota is known as "豊田". In predominantly Chinese-speaking

countries using simplified Chinese characters (e.g. China and Singapore), Toyota is known as

"丰田" (pronounced as "Fēngtián" in Mandarin Chinese and "Hɔng Tshan" in Minnanese). These are

the same characters as the founding family's name "Toyoda" in Japanese, which translate to

"fertile rice paddies" in the Chinese language, as well.
Akio Toyoda, CEO of Toyota, at the annual results press conference, May 11, 2011
Typical breakdown of sales by region

President of Toyota Motor Company:

    Rizaburo Toyoda (1937–1941)
    Kiichiro Toyoda (1941–1950)
    Taizo Ishida (1950–1961)
    Fukio Nakagawa (1961–1967)
    Eiji Toyoda (1967–1981)

In 1981, Toyota Motor Co., Ltd. announced plans to merge with its sales entity Toyota Motor

Sales Co., Ltd. which existed as separate companies since 1950 as a prerequisite for

reconstruction in postwar Japan. Shoichiro Toyoda took the helm at Toyota Motor Sales in

preparation for the consummation of the merger which would occur in 1982 with Shoichiro

succeeding his uncle Eiji as the President of the combined organization, now known as Toyota

Motor Corporation.

President of Toyota Motor Corporation:

    Eiji Toyoda (1981)
    Shoichiro Toyoda (1982–1992)

CEO of Toyota Motor Corporation:

    Dr. Tatsuro Toyoda (1992–1995)
    Hiroshi Okuda (1995–1999)
    Fujio Cho (1999–2005)
    Katsuaki Watanabe (2005–2009)
    Akio Toyoda (2009–present)

Chairman of Toyota Motor Corporation:

    Shoichiro Toyoda (1992–1999)
    Hiroshi Okuda (1999–2006)
    Fujio Cho (2006–present)

Toyota is publicly traded on the Tokyo, Osaka, Nagoya, Fukuoka, and Sapporo exchanges under

company code TYO: 7203. In addition, Toyota is foreign-listed on the New York Stock Exchange

under NYSE: TM and on the London Stock Exchange under LSE: TYT. Toyota has been publicly

traded in Japan since 1949 and internationally since 1999 by new car.

As reported on its consolidated financial statements, Toyota has 540 consolidated

subsidiaries and 226 affiliates.

    Toyota Motor North America (100% – 2004)
    Toyota Canada Inc. owned via Toyota Motor North America
    Toyota Tsusho – Trading company for the Toyota Group
    Daihatsu Motor Company (51.2% – March 31, 2006)
    Hino Motors (50.1% – 2001)
    Lexus 100% (1989)
    Scion 100% (2003)
    DENSO (24.74% – September 30, 2006)
    Toyota Industries (23.51% – March 31, 2006)
    Aisin Seiki Co. (23.0% – September 30, 2006)
    Fuji Heavy Industries (16.66% – June 28, 2008)
    Isuzu Motors (5.9% – November 10, 2006)
    PT Toyota Astra Motor (49% – 2003)
    PT Toyota Motor Manufacturing Indonesia (95% – 2003)

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...