The Toyota Company is a multinational automobile company formed in 1937. Toyota has its headquarters in Toyota city, Japan. Toyota currently owns 5 brands including Scion, Lexus, Daihatsu, Hino Motors, and Toyota Motor Corporation or TMC for short. Toyota has 3 main production plants which are located in Japan along with other 9 plants found throughout the world. Toyota’s method of operation aims to build up their competitiveness through quality control. To promote quality, they have put together 6 sigma programs which include driving out defects before mass production process occurs.
– 6 sigma program aim to increase customer value by reducing flaws in product design and controls –
The automotive industry is an internationally demanding industry that requires constant advances in technology to create advantages over competition. Toyota has found ways to work with other companies to use their technology in Toyota’s automobiles. Toyota also made partnerships with Hino Motors and Daihatsu Motor Company Ltd. The Toyota Company specializes in manufacturing Toyota branded vehicles, mainly cars, vans, trucks and SUVs. They have created multiple models that are sold worldwide. Japan is their primary market but they have developed the ability to sell through dealerships internationally as well.
– Toyota also manufactures engines for many of its various models –
The Toyota company was founded by Kiichiro Toyoda in 1937. At first it was just called Toyoda Automatic Loom Works which produced textile looms for Japan’s silk industry who was having difficulties at the time during World War I and II. Soon after Toyota Motor Company was established in October 28th, 1966. Toyota had its first car released to the market which was the Toyota AA. The Toyota company has come a long way since its beginning and continues to make technological advances today.
– Toyota’s first product was the Toyota AA –
Toyota is known for having some of the most reliable automobiles on the road. Toyota holds more than 50% of the automobile market share in Japan according to Forbes Magazine. Toyota has an estimated worldwide sales volume of more than 10 million vehicles each year as reported by companies website. Toyota is said by Forbes magazine be one of the largest automobile corporations in the world with total assets equaling $185 billion USD.
The Toyota Company is one of the largest automobile manufacturers in the world. Toyota offers a number of automobiles, including cars, trucks, and SUVs. Toyota offers numerous lines of automobiles under the Toyota nameplate to serve various markets worldwide.
Toyota was founded as an automotive company by Kiichiro Toyoda in 1937. Toyota’s initial efforts were fueled by the strong demand for affordable automobiles during World War II. Toyota’s first vehicles were, in fact, copies of a German-designed Volkswagen. Toyota was quick to realize that it would have to improve on some of the features of its early designs if it hoped to capture larger market share. Toyota obtained exclusive rights to manufacture vehicles under certain patents of pre-existing American manufacturers, including Ford Motor Company and the Chrysler Corporation. Toyota also began developing new techniques for production and assembly at this time.
Toyota unveiled its first passenger car (the Toyota AA) in 1941 under leadership from Kiichiro Toyoda (the founder’s son). The Toyota “A” was an affordable compact sedan based on the Volkswagen. Toyota realized that it needed the support of Toyota Industries Corporation to build automobiles, so Toyota Industries Corporation became a Toyota shareholder. Toyota was not yet an independent company.
Toyota launched its first truck series in 1929 under the name of Toyota Motor Company. The Toyota “C” quickly became known for durability, power, and reliability thanks to Toyota’s innovative approach to production processes at this time.
Toyota entered the passenger car market in 1936 with the Toyota Crown Eight. This vehicle came equipped with a straight-eight engine – Toyota’s first ever passenger car engine that could be mass-produced. The initial models were stripped down versions of vehicles made by American manufacturers Ford and Chevrolet. Despite offering only two doors, the Crown Eight was very popular because it served as a reliable mode of transportation during the Japanese oil shortage of the 1930s. Toyota soon realized, though, that it would need to improve its initial design if it wished to compete in the growing market. Between 1936 and 1943 Toyota’s trucks grew increasingly popular throughout Japan due to their unique style and excellent durability. Toyota Motor Company was not yet an independent company – Toyota Industries Corporation shared ownership with Toyota Motor Company until 1950.
Toyota continued developing new techniques for production and assembly throughout World War II under the direction of Kiichiro Toyoda (the founder’s son). Toyota also had no problem securing supplies because steel mills had been destroyed by Allied bombings during WWII. As a result, Toyota quickly became one of Japan’s largest manufacturers (of military goods) during World War II. Toyota began supplying Toyota Motor Company with truck parts after the Toyota Motor Company was spun off as an independent company in 1947.
Toyota entered the passenger car market in 1950 under the name of Toyota Motor Company. Toyota’s first vehicle was designed to meet Japan’s growing need for passenger cars.
The Toyota Crown Eight was Toyota’s flagship vehicle from 1936-1943 – this vehicle set the stage for Toyota’s success within the automobile industry. The initial models contained only two doors, but were extremely popular because they served as a reliable mode of transportation during Japan’s oil shortage of the 1930s . This model also established Toyota as a manufacturer of durable vehicles.
Toyota continued developing new techniques for production and assembly throughout World War II.
After WWII, Toyota quickly became one of Japan’s largest manufacturers (of military goods) and Toyota began supplying Toyota Motor Company with truck parts.
Toyota entered the passenger car market in 1950 under the name Toyota Motor Company. Toyota’s first vehicle was designed to meet Japan’s growing need for passenger cars. In 2007, Toyota was ranked as the world’s fourth-largest automobile manufacturer after General Motors, Volkswagen Group, and Hyundai Motor Group.