TOYOTA MOTOR CORPORATION
TOYOTA MOTOR CORPORATION
Sector: Consumer
Description
Founded in 1937, Toyota Motor Corporation is leading Japanese company, engaged in the business of automotive manufacturing, including automobiles, luxury vehicles, commercial vehicles, engines, robots, and has its headquarters at Toyota, Aichi, Japan. The company is the parent company of Toyota Group, which has 1,000+ subsidiaries in 27 countries or regions and marketing its products in 170 countries and regions. The company designs, assembles, manufactures and then sells motor vehicles, minivans, trucks and related parts and accessories. In 2008, the company became the largest automobile manufacturer in the world.
In 1935, the company made its G1 truck and A1 prototype passenger car and exported its G1 truck for the first time in 1936 and introduced its logo in the same year. The company established a business worldwide and sold its vehicles in more than 160 countries and employs 350,000+ people globally. The company was the 10th largest company in the world by revenue as of December 2019. The company is one of the futuristic companies, which supports the mass-market adoption of hybrid vehicles all over the world and is also leading the market globally in sales of hybrid electric vehicles and hydrogen fuel-cell vehicles.
The company also engaged in other business such as financial services, housing corporation, robots & frontier research, marine services and agribio services. Toyota Financial Services Corporation offers financial services including leasing, loans in over 35 countries and regions. Toyota Housing Corporation is engaged in housing-related businesses such as house construction, housing renovations and condominium development.
Toyota Frontier Research Center in focused on creating new values like partner robots. Toyota Marine is engaged in delivering a high-quality private cruiser. Agribio Services was introduced to support agriculture production and biotechnology development.
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