Toyota
Toyota Motor Corporation (TMC) (In Japanese: ??????????; Toyota Jidosha Kabushikigaisha) (TYO: 7203.T), NYSE: TM, LSE: TYT, is an automobile manufacturer in Japan, based in Toyota, Aichi, provides financial services, and participates in other lines of business. It manufactures vehicles under the brand names Toyota, Hino, Scion and Lexus, and owns a majority stake in Daihatsu. The company's Toyota automobiles are well regarded for their longevity and reliability.
History
Origins in Toyoda Automatic Loom —1936
Replica of the Toyota Model AA, the first production model of Toyota in 1936The story of Toyota Motor Corporation began in September 1933 when Toyoda Automatic Loom created a new division devoted to the production of automobiles. Quickly thereafter, the division produced its first Type A Engine in 1934, which in turn was used for the production of the first Model A1 passenger car in May 1935 and the G1 truck in August 1935. Production of the model AA passenger car started in 1936.
Although the Toyota Group is most well known today for its cars, it is still in the textile business and still makes automatic looms (fully computerized, of course), and electric sewing machines which are available worldwide.
Establishment of Toyota Motor Co. and WWII 1936–1946
Toyota Motor Co. was established as an independent company in 1937. Although the founding family name is Toyoda (??), the company name was changed to:
Signify the separation of the founders' work life from home life;
Simplify the pronunciation, and
Give the company an auspicious beginning. Toyota (???) is considered luckier than Toyoda (??) in Japan, where eight is regarded as a lucky number, and eight is the number of strokes it takes to write Toyota in Katakana.
During the Pacific War the company was dedicated to truck production for the Imperial Army. Because of severe shortages in Japan, military trucks were kept as simple as possible. For example, the trucks had only one headlight on the center of the hood.
Fortunately for Toyota, the war ended shortly before a scheduled allied bombing run on the Toyota factories in Aichi.
Start of Commercial Production 1947-
Commercial passenger car production started in 1947 with the model SA. In 1950 a separate sales company Toyota Motor Sales Co. was established (which lasted until July 1982). In April 1956 the Toyopet dealer chain was established.
Today Toyota is one of the top car manufacturers with large market shares in both the US and Europe. It has a small car division, selling under the Daihatsu brand as well as a heavy vehicle division, selling under the Hino brand.
Toyota's vehicles are generally highly regarded for their quality, proficient engineering, and value; their designs now set world-wide standards for safety, reliability and ease of maintenance.
Toyota offers one of the largest ranges of vehicles of any manufacturer and amongst its more predictable high-volume models produces a number of exciting sports cars: the Celica, the MR2, and the Supra, the latter which was discontinued in 1998 for export and in 2002 in Japan altogether.
Performance
Toyota is Japan's biggest car company and the second largest in the world after the giant General Motors. It is estimated to produce about 8 million vehicles this year, not much smaller anymore than the 9 million produced by GM. The company dominates its home market, with about 45 % of all new cars registered in 2004 being Toyotas, Nissan being a distant second. It has similar market shares in several fast-growing south-east Asian countries[1].
The company is immensely profitable, and its massive cash reserves dwarf those of many countries.
Worldwide Presence
The headquarter of Toyota in Toyota City, JapanToyota has factories all over the world, manufacturing or assembling vehicles for local markets, including its most popular model, the Corolla. Toyota has manufacturing or assembly plants in the United States, Australia, Canada, Indonesia, Poland, South Africa, Turkey, the United Kingdom, France, Brazil, and more recently India and Argentina. Toyota New Zealand assembled vehicles until 1998, when it switched to importing cars from Japan and Australia. Cars from these plants are often exported to other countries. For example, the South African-built Toyota Corolla is exported to Australia, while the Australian-built Camry is exported (in left hand drive) to countries in the Middle East. Between 1997 and 2000, the number one selling car in the U.S. was the Toyota Camry. It was dethroned in 2001 by the Honda Accord, only to regain its place in 2002, with the introduction of a redesigned model.
Toyota India is one of the largest subsidiaries of Toyota. They currently produce three cars, including the Camry, Corolla, and the Sequoia (which is different from the Toyota Sequoia in the United States and is similar to the Land Cruiser Prado, which is found in other countries). Toyota also produces a range of SUVs. Indeed, one of its first export markets was exporting its Landcruiser model to Australia in the late 1950s.
Toyota also contributes a great amount of research to cleaner-burning vehicles (See: Toyota Prius and Hybrid Synergy Drive). In 2002, Toyota successfully road-tested a new version of the RAV4 which ran on a Hydrogen Fuel Cell. Scientific American made the company its Business Leader of the Year in 2003 for commercializing an affordable hybrid car. In 2004, Toyota showed that it had made its Kluger/Highlander into the world's first mass-market seven-passenger hybrid SUV.
To gain a higher share in the U.S. domestic luxury car market, Toyota introduced a separate brand called Lexus in 1989, following Honda's (with its Acura division) example. The brand was introduced with two models: the ES 250, based on Toyota Camry, and the LS 400, which was released simultaneously as the Toyota Celsior in Japan. Since then, the lineup has been expanded with other models based on Japanese Toyotas, and the marque has been successful, receiving many industry awards. Now that it has become the number one selling luxury car brand in the U.S., Toyota is introducing it to Japan in 2005, thus completing a cycle of sorts.
In 2003, Toyota brought two of their popular cars from Japan (including the bB) to America, and created a new badge, called Scion, meaning a descendant or heir. These cars are targeted towards the young, and young-at-heart. Both models, the xA (known in Japan as the Toyota ist) and xB (known in Japan as the Toyota bB) are powered by a 1.5L DOHC I4 engine taken right out of the Toyota Echo, a new incarnation of the Toyota Starlet. A third model, the Scion tC, was introduced in 2004. Instead of importing an existing model from Japan as was done with the xA and xB, the tC was designed specifically for the North American market, using a platform shared with the Avensis, a Toyota model not sold in North America.
Toyota has also been successful in racing, especially in Rally with the Toyota Celica as well as the Toyota Corolla. In 2002 Toyota started racing in Formula One with the Toyota Team Europe (TTE) and is based in Cologne (Germany).
Toyota is also famous in industry for its manufacturing philosophy, called the Toyota Production System. This system is copied worldwide by many manufacturing companies.
Toyota also uses odd power window switches which have become known as "Chinese windows"
Formula One team
Main Article: Toyota F1
Toyota has participated in the Formula One World Championship since 2002. Despite investing huge amounts of money into the project, the team's performances have so far been mediocre. In 2004, top designer Mike Gascoyne was hired. It was expected that this would lead to an upturn in the teams fortunes, and although there was little improvement in 2004 itself, in 2005 the team made the jump from running in the midfield to challenging for the top positions. Jarno Trulli achieved two second places and one third place in the first five races of the season, helping the team to retain second position in the Constructors Championship for several races. Jarno Trulli and Ralf Schumacher are the team's current drivers.
Shareholders
Publically traded on the Tokyo Stock Exchange under number 7203 (first section). Also on NYSE under TM.
Holdings
Toyota reports on its consolidated financial statements 540 consolidated subsidiaries and 226 affiliates.
Toyota Motor North America, Inc. (100% - 2004)
Hino Motors, Ltd.
Aisin Seiki Co., Ltd.
Non-automotive activities
Finance
Toyota Financial Services Corporation provides financing to Toyota customers.
Construction
Namesakes
Toyota is also a city in Aichi, Japan, named after the corporation. The basketball and hockey arena in Houston, Texas, the Toyota Center, is also named after the company. A football (soccer) stadium in Prague, Czech Republic, the Toyota Arena, also bears the company's name.
Toyota
Motor Corporation (TMC) (In Japanese: life ??????????; Toyota Jidosha Kabushikigaisha) (TYO:
7203.T), NYSE: TM, LSE: TYT, is an neill automobile manufacturer in sr5 Japan, based in Toyota, Aichi, provides financial services, and participates in toyota other lines of business. It manufactures vehicles under the brand names Toyota, Hino, Scion and Lexus, and owns truck a majority stake in Daihatsu. The company's Toyota automobiles are well regarded for their longevity and celica reliability.
toyota landcruiser used
History
Origins
in tempe Toyoda Automatic Loom —1936
Replica of the Toyota Model AA, the
first production model of Toyota in 1936The story of Toyota toyota Motor Corporation began toyota in September 1933 when Toyoda
Automatic Loom created a new division devoted to the toyota production of automobiles. Quickly thereafter, the division produced its first Type
A fender Engine in 1934, which in turn was used for the production of the first Model A1 passenger car in May 1935 and the G1 truck in 87
August 1935. Production of the model toyota AA passenger car
started in 1936.
Although highlander the
Toyota
Group is most well known today for its cars, it toyota is still in the textile business and still makes automatic looms (super fully computerized, of course), and electric sewing machines which are available worldwide.
Establishment of mcgeorge Toyota Motor 2005 Co. and WWII 1936–1946
Toyota Motor Co. was established as an
independent company in 1937. Although the founding family supra
name is Toyoda (??), the company name toyota was changed to:
Signify the gt separation of the winch toyota founders' work life from home life;
Simplify the pronunciation, toyota and
Give the company an auspicious mr2 beginning. Toyota (???) is considered luckier than Toyoda (??) in Japan, where eight is regarded as a lucky number, and eight is the number of toyota strokes it takes to write Toyota in Katakana.
avalon During the Pacific War the company was toyota dedicated to truck production for the Imperial Army. Because of severe shortages in Japan, military trucks were kept as simple as possible. For example, the trucks had only one headlight on the center of the hood.
Fortunately for Toyota, the war ended shortly before a scheduled allied bombing
run on the Toyota factories in Aichi.
Start of bumpers Commercial Production 1947-
decoder Commercial passenger car production started in 1947 with the model SA. In 1950 a separate sales company Toyota Motor Sales Co. was established (toyota which toyota lasted until July 1982). In April 1956 the Toyopet dealer chain was established.
kelowna Today Toyota used is one of the trucks top toyota car manufacturers with large market shares
in both the US and Europe. It has a small car division, selling under the Daihatsu brand as vin well as a heavy vehicle division, selling under the Hino brand.
Toyota's vehicles are generally springs highly regarded for their quality, proficient engineering, and value; their designs now set toyota world-wide yaris standards for safety, reliability and ease of maintenance.
Toyota offers one of the largest toyota ranges of forum vehicles of any
manufacturer pump and toyota amongst its more predictable high-volume models produces a number of exciting sports cars: the Celica, houston the MR2, toyota and the Supra, the latter which was discontinued toyota in 1998 for export and in 2002 in Japan altogether.
coolant toyota sale Performance
Toyota is Japan's biggest car company and the second largest in the world dealers after the giant General Motors. It is estimated to produce about 8 toyota million vehicles this year, not much smaller anymore than 1991 the 9 million produced by GM. The company dominates its home market, off with about 45 % of all new cars registered in 2004 being Toyotas, Nissan being a distant second. It has similar market shares in several fast-growing south-east Asian countries[1].
The
company is immensely profitable, and its massive cash reserves dwarf those of many countries.
Worldwide Presence
The prius headquarter of Toyota in Toyota City, JapanToyota has factories all long over the world, manufacturing or assembling vehicles for local markets, including its most popular model, the Corolla. sandler Toyota has manufacturing or assembly plants in the United States, Australia, Canada, Indonesia, Poland, South texas Africa, Turkey, the corolla United Kingdom, France, Brazil, and more recently India
and Argentina. Toyota New toyota Zealand troubleshooting assembled vehicles until 1998, when used it switched to importing cars from Japan
and Australia. Cars from these plants are often exported to other
countries. For example, the South African- built Toyota Corolla is exported to Australia, while the Australian-built Camry is tacoma exported (in history left hand drive) to countries in the Middle East. Between 1997 and 2000, toyota the number one selling car in the U.S. was the Toyota Camry. It was dethroned in 2001 by the Honda Accord, only
to regain its problems place in 2002, with the introduction of a redesigned model.
Toyota India
is one of the largest subsidiaries of
Toyota. They currently produce three cars, including the Camry, Corolla, and the Sequoia (which is
different from the Toyota Sequoia in the United States and is similar to the Land toyota Cruiser Prado, which is found in toyota other countries). toyota road Toyota also produces a range toyota
of SUVs. Indeed, one of its first
export markets was exporting its Landcruiser model to Australia in tacoma the late 1950s.
Toyota also
contributes a great amount of research to cleaner-burning vehicles (See: Toyota Prius and Hybrid
Synergy Drive). In 2002, Toyota
successfully road-tested toyota a
new version of used transfer the RAV4 which ran on in a Hydrogen 2005 Fuel Cell. Scientific American made toyota the company its Business Leader of the Year in 2003 for commercializing an affordable hybrid car. toyota In 2004, Toyota celica
showed
that it had made its Kluger/Highlander into the toyota world's first mass-market seven-passenger hybrid SUV.
To gain a higher
share in the U.S. domestic luxury car market, Toyota introduced a separate brand called Lexus in 1989, following Honda's (with its Acura division) example. The brand was forums introduced with two models: the ES oil 250, based on engine Toyota Camry, and the LS 400, which
was released simultaneously as the Toyota Celsior in Japan. Since then, the lineup has been expanded with other models based on Japanese Toyotas,
and reviews the marque has been successful, receiving toyota many industry awards. Now that toyota toyota it has become the
number one selling luxury car
brand 1987 in the U.S., Toyota is introducing it to Japan in 2005, thus completing a cycle of sorts.
In toyota 2003, Toyota brought
two of their popular cars from Japan (including the bB) to America, and created for a new badge, called Scion, meaning a for descendant carina or heir. These cars are targeted towards the young, and young-gresham at-heart. Both models, 1986 the xA (known
in Japan as the Toyota ist) sandy and xB (2005 known in
Japan as marietta the Toyota repair bB) are powered by a
1.5L DOHC I4 engine toyota taken right out of the Toyota Echo, a sequoia new incarnation of the Toyota Starlet. A third model, the Scion tacoma tC, was introduced in 2004. Instead of importing an existing model from Japan as was done with the xA and xB, the tC was designed specifically for the North American market, using a platform shared with the Avensis, a Toyota model not sold in North America.
Toyota has also been successful in racing, toyota especially in diesel Rally with the Toyota Celica as well as the landcruiser Toyota Corolla. In 2002 Toyota started racing in Formula One with the Toyota Team
Europe (TTE) and is based in Cologne ( Germany).
Toyota is also famous in industry for its trucks manufacturing philosophy, called the Toyota Production System. This system is copied worldwide by many manufacturing companies.
Toyota also uses odd power window switches headers which have become known as "Chinese windows"
Formula One martin team
Main Article: Toyota F1
Toyota has participated in the Formula One World Championship since manual 2002. Despite investing huge amounts of 90 money into the toyota project, the team's performances have so far been mediocre. In 2004, top designer Mike Gascoyne was hired. It toyota was expected that this would lead to an upturn in the teams fortunes, and although there was little improvement toyota in 2004 itself, in 2005 the team
made the jump toyota from running in the midfield to challenging for the top positions. Jarno toyota Trulli achieved manufacturing two second places and one third place in the first five races of the season, helping the team to retain second toyota position in the Constructors tundra Championship for several races. s Jarno Trulli sale and Ralf Schumacher are the team's current drivers.
Shareholders
Publically traded on the Tokyo Stock Exchange under number 7203 (first section). Also on NYSE under toyota TM.
Holdings
Toyota reports on its consolidated financial statements 540 consolidated subsidiaries parts toyota and 226 affiliates.
Toyota Motor North America, Inc. (100% - 2004)
Hino Motors, Ltd.
Aisin Seiki Co., Ltd.
Non-automotive activities
corolla Finance
Toyota Financial Services Corporation provides financing to Toyota customers.
Construction
Namesakes
Toyota is also a city in Aichi, Japan, named after the fowler corporation. The basketball and hockey arena in Houston, Texas, the
Toyota Center, is also named after the company. A football (4x4 soccer) stadium in Prague, Czech Republic, the mr2 Toyota echo Arena,
also bears the hatchback company's houston name.
Information provided by Wikipedia.
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