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Who is the real owner of Toyota?
Akio Toyoda (豊田 章男, Toyoda Akio, born 3 May 1956) is a Japanese business executive and the current president of Toyota Motor Corporation.
How rich is the owner of Toyota?
Akio Toyoda Net Worth: Akio Toyoda is the president and CEO of Toyota Motor Corporation who has a net worth of $1 billion....Akio Toyoda Net Worth.Net Worth:$1 BillionDate of Birth:May 3, 1956 (66 years old)Gender:MaleProfession:BusinesspersonNationality:Japan
Which is biggest car company?
This can lower or even outweigh potential returns.#1 Toyota Motor Corp. (TM)#2 Volkswagen AG (VWAGY)#3 Daimler AG (DMLRY)#4 Ford Motor Co. (F)#5 Honda Motor Co. Ltd. (HMC)#6 Bayerische Motoren Werke AG (BMWYY)#7 General Motors Co. (GM)#8 Fiat Chrysler Automobiles NV (FCAU)More items...
How much is Toyota worth now?
How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Toyota net worth as of August 17, 2022 is $224.75B. Toyota Motor Corporation is one of the leading automakers in the world in terms of sales and production.
Who is the wealthiest person in Japan?
The top 10 richest in Japan are:Masayoshi Son; $21.1 billion.Nobutada Saji; $9.3 billion.Takahisa Takahara; $6.4 billion.Shigenobu Nagamori; $4.6 billion.Hiroshi Mikitani; $4.4 billion.Masatoshi Ito; $4.35 billion.Hideyuki Busujima; $4.2 billion.Masahiro Noda; $3.5 billion.More items...•
What car company has the highest net worth?
Toyota is currently the richest and most valuable automobile brand in the world this year. The Japanese manufacturer now holds the title of the wealthiest car company in the world. This year, Tesla which is actually the youngest car company in the list, is the world's most valuable car company.
How much is Elon Musk worth?
250.5 billion USD (2022)Elon Musk / Net worthElon Musk's net worth His current estimated net worth of $254 billion has grown tremendously since the start of 2020, when it stood at about $27.6 billion, according to Bloomberg.
What is BMW net worth?
BMW: $40.44 Billion BMW, an abbreviation for Bayerische Motoren Werke AG, is a German automobile manufacturer & is the world's fourth-greatest automaker.
Where is Toyota's headquarters?
Principal headquarters building of Toyota. Toyota is headquartered in Toyota City, Aichi. The main headquarters of Toyota is located in a four-story building in Toyota. As of 2006, the head office has the "Toyopet" Toyota logo and the words "Toyota Motor".
Where is Toyota made?
The Toyota Motor Corporation ( Japanese: トヨタ自動車株式会社, Hepburn: Toyota Jidōsha KK, IPA: [toꜜjota], English: / tɔɪˈoʊtə /, commonly known as Toyota) is a Japanese multinational automotive manufacturer headquartered in Toyota, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on August 28, 1937#N#( 1937-08-28)#N#. In 2017, Toyota's corporate structure consisted of 364,445 employees worldwide and, as of December 2019#N#[update]#N#, was the tenth-largest company in the world by revenue. Toyota is one of the largest automobile manufacturers in the world, based on sales which include its subsidiaries. Toyota was the world's first automobile manufacturer to produce more than 10 million vehicles per year, which it has done since 2012, when it also reported the production of its 200 millionth vehicle. As of July 2014#N#[update]#N#, Toyota was the largest listed company in Japan by market capitalization (worth more than twice as much as number 2-ranked SoftBank) and by revenue.
How much was Toyota fined in 2003?
In 2003, Toyota was fined $34M for violating the United States Clean Air Act.
How much did Toyota invest in robotics?
The company invested $4 billion in a robotics and AI research institute to create safer vehicles. Alongside the robotics and AI centre, Toyota launched a $2.8 Billion dollar Self-Driving Car Company called Toyota Research Institute-Advanced Development, or TRI-AD, with automotive supplier Aisin Seiki and Denso.
What was the first Toyota car?
From September 1947, Toyota's small-sized vehicles were sold under the name "Toyopet" (トヨペット). The first vehicle sold under this name was the Toyopet SA , but it also included vehicles such as the Toyopet SB light truck, Toyopet Stout light truck, Toyopet Crown, Toyopet Master, and the Toyopet Corona. The word "Toyopet" ( Japanese article) was a nickname given to the Toyota SA due to its small size, as the result of a naming contest the Toyota Company organized in 1947. However, when Toyota eventually entered the American market in 1957 with the Crown, the name was not well received due to connotations of toys and pets. The car was withdrawn from the American market in 1958, but continued in other markets until the mid-1960s.
How many floors are there in Toyota Technical Center?
The Toyota Technical Center, a 14-story building , and the Honsha plant, Toyota's second plant engaging in mass production and formerly named the Koromo plant, are adjacent to one another in a location near the headquarters. Vinod Jacob from The Hindu described the main headquarters building as "modest".
What banks did Toyota merge with?
In 2001, Toyota's Toyo Trust and Banking merged with two other banks to form UFJ Bank , which was accused of corruption by Japan's government for making bad loans to alleged Yakuza crime syndicates with executives accused of blocking Financial Service Agency inspections. The UFJ was listed among Fortune Magazine 's largest money-losing corporations in the world, with Toyota's chairman serving as a director. At the time, the UFJ was one of the largest shareholders of Toyota. As a result of Japan's banking crisis, UFJ merged with the Bank of Tokyo-Mitsubishi to become the Mitsubishi UFJ Financial Group .
Toyota Motor Ownership Highlights
Toyota Motor (NYSE:TM) is owned by 1.32% institutional shareholders and by 0.00% insiders. The rest is owned by the public.
Institutional Owners of Toyota Motor
The top 10 institutional shareholders of Toyota Motor together own 11.45M shares, representing 0.83% of Toyota Motor's total shares outstanding.
Mutual Funds Holding Toyota Motor
The top 10 mutual funds shareholders of Toyota Motor together hold 1.32M shares, representing 0.10% of Toyota Motor's total shares outstanding.
Toyota Motor Ownership: A Close Look
The largest institutional shareholders of Toyota Motor are "Fisher Asset Management, LLC" , "Parametric Portfolio Associates LLC" and "Bank of America Corp". Those three own together 0.53% of TM's total shares outstanding.
When did Toyota go out of business?
In June 1950, the company produced only 300 trucks and was on the verge of going out of business. The management announced layoffs and wage reductions, and in response the union went on a strike that lasted two months. The strike was resolved by an agreement that included layoffs and pay reductions but also the resignation of the president at the time, Kiichiro Toyoda. Toyoda was succeeded by Taizo Ishida, who was the chief executive of the Toyoda Automatic Loom company. The first few months of the Korean War resulted in an order of over 5,000 vehicles from the US military, and the company was revived. Ishida was credited for his focus on investment in equipment. One example was the construction of the Motomachi Plant in 1959, which gave Toyota a decisive lead over Nissan during the 1960s.
When was Toyota made?
History of Toyota. From Wikipedia, the free encyclopedia. Jump to navigation Jump to search. Toyota founder Kiichiro Toyoda. Replica of the Toyota Model AA, the first production model of Toyota in 1936. The history of Toyota started in 1933 with the company being a division of Toyoda Automatic Loom Works devoted to the production ...
Why is Toyota called Toyota?
Although the founding family's name was written in the Kanji "豊田" (rendered as "Toyoda"), the company name was changed to a similar word in katakana - トヨタ (rendered as "Toyota") because the latter has 8 strokes which is regarded as a lucky number in East Asian culture. Since Kanji are essentially Chinese characters, in Chinese speaking markets, the company and its vehicles are still referred to by the original Kanji name ( simplified Chinese: 丰田; traditional Chinese: 豐田; pinyin: fēng tián ), but with Chinese pronunciation.
Why did Toyoda start auto loom?
Toyoda Automatic Loom Works was encouraged to develop automobile production by the Japanese government, which needed domestic vehicle production, due to the war with China. Kiichiro Toyoda seized this opportunity to establish the Automotive Production Division on September 1, 1933, and began preparing to build prototype vehicles.
Why was Toyota suspended?
In January 2010, Toyota suspended sales of eight recalled vehicle models to fix accelerator pedals with mechanical problems that could cause them to become stuck. In December 2012, Toyota announced an agreement worth more than US$1 billion to settle a lawsuit involving unintended acceleration in some of its vehicles.
Why did Toyota lose sales in 2008?
For Toyota, these were attributed mainly to slow sales of its Tundra pickup, as well as shortages of its fuel-efficient vehicles such as the Prius, Corolla and Yaris. In response, the company announced plans to idle its truck plants, while shifting production at other facilities to manufacture in-demand vehicles.
When did Toyota first come to Canada?
The first Toyotas sent to Canada were a shipment of 115 Crowns sent in February 1965 . The first Toyotas sent to Europe were two Toyopet Tiaras sent to Finland for evaluation in June 1962, but no sales followed, although the importer introduced the cars to the press in October the same year.
Who is the founder of Toyota?
Kiichiro Toyoda, founder of the Toyota Motor Corporation, which in 2008 surpassed America’s General Motors as the world’s largest automaker, dies at the age of 57 in Japan on March 27, 1952. Toyoda was born in Japan on June 11, 1894.
When was Toyota Motor Corporation formed?
In 1937 , Toyota Motor Corporation was formed as a spinoff of Toyoda Loom Works. (“Toyota” was reportedly considered a luckier name than “Toyoda” and is easier to write in Japanese characters). The new car company initially looked to the U.S. auto industry for inspiration.
When did Kiichiro Toyoda start making cars?
By the late 1920s, Kiichiro Toyoda, who worked for his father’s company, had begun plans to develop an automobile. (Sakichi Toyoda died on October 30, 1930, at the age of 63.) In 1933, Kiichiro Toyoda established an auto division within Toyoda Loom Works, which released a prototype vehicle two years later. In 1937, Toyota Motor Corporation was ...
When did Kiichiro Toyoda die?
Kiichiro Toyoda died in 1952, but his company continued to grow. In 1966, Toyota introduced its compact Corolla model, which in 1997 became the world’s best-selling car, with more than 35 million sold at the time.
How many cars did Toyota make in Japan in the 1990s?
By the end of the 1990s, Toyota had produced over 100 million vehicles in Japan. In 2008, Toyota reached another milestone when it sold more cars and trucks than General Motors—8.97 million vehicles versus 8.35 million vehicles—and claimed the sales crown that the American auto giant had held for more than 70 years.
What was Toyota's first car?
According to The New York Times: “Over the years of its rise to the top, Toyota has made no secret of how much it has learned from Detroit. Its first car, the AA, was a blatant copy of (or an homage to) a Chevrolet sedan.
When did Toyota launch the Camry?
In the 1980s, the automaker launched the popular Camry compact car and 4Runner sport utility vehicle. Toyota’s luxury car line, Lexus, debuted in the U.S. in 1989. The automaker introduced the planet’s first mass-produced hybrid vehicle, the Prius, in 1997 in Japan and worldwide in 2001.
Why is my service history from past years not shown on Toyota Owners?
For most dealerships, records go back to early 2005. However, in certain areas, we did not begin storing dealership repair order information until late 2007. These areas include North Carolina, South Carolina, Georgia, Florida, Alabama, Mississip...
Where can I learn more about new Toyota model vehicles?
To learn more about a Toyota vehicle model, please click on a vehicle model below. 4Runner86AvalonAvalon HybridCamryCamry HybridC-HRCorollaCorolla HatchbackCorolla HybridGR SupraHighlanderHighlander HybridLand CruiserMiraiPriusPrius PrimeRAV4RAV...
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Auto Finance, Loans, Leasing, and Pre-approvals
Visit our Crystal Toyota finance page to get pre-approved today! The staff within our Finance Department is dedicated to putting you in the car you want, at a price you can afford. We also offer competitive auto leasing options for our customers who are not looking to purchase or finance a vehicle.
Overview
Toyota Motor Corporation is a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on August 28, 1937 . Toyota is one of the largest automobile manufacturers in the world, producing about 10 million vehicles per year.
The company was originally founded as a spinoff of Toyota Industries, a machi…
History
In 1924, Sakichi Toyoda invented the Toyoda Model G Automatic Loom. The principle of jidoka, which means the machine stops itself when a problem occurs, became later a part of the Toyota Production System. Looms were built on a small production line. In 1929, the patent for the automatic loom was sold to the British company Platt Brothers, generating the starting capital for autom…
Senior leadership
• Chairman: Takeshi Uchiyamada (2013–present)
• President: Akio Toyoda (2009–present)
1. Rizaburo Toyoda (1937–1941)
2. Kiichiro Toyoda (1941–1950)
3. Taizo Ishida (1950–1961)
Product line
As of 2009, Toyota officially lists approximately 70 different models sold under its namesake brand, including sedans, coupes, vans, trucks, hybrids, and crossovers. Many of these models are produced as passenger sedans, which range from the subcompact Toyota Yaris, compact Corolla, to mid-size Camry and full-size Avalon. Minivans include the Innova, Alphard/Vellfire, Sienna, and ot…
Technology
Toyota is the world's leader in sales of hybrid electric vehicles, one of the largest companies to encourage the mass-market adoption of hybrid vehicles across the globe, and the first to commercially mass-produce and sell such vehicles, with the introduction of the Toyota Prius in 1997. The company's series hybrid technology is called Hybrid Synergy Drive, and it was later applied to many veh…
Motorsports
Toyota has been involved in many global motorsports series, providing vehicles, engines and other auto parts under both the Toyota and Lexus brands.
Toyota Gazoo Racing (GR) is Toyota's performance brand that is used in many of the world's major motorsports contests. Toyota Gazoo Racing Europe, based in Cologne, Germany, competes in the FIA World Endurance Championship, while …
Non-automotive activities
Toyota is a minority shareholder in Mitsubishi Aircraft Corporation, having invested US$67.2 million in the new venture which will produce the Mitsubishi Regional Jet, slated for first deliveries in 2017. Toyota has also studied participation in the general aviation market and contracted with Scaled Composites to produce a proof of concept aircraft, the TAA-1, in 2002.
Controversies
In November 2016, Toyota agreed to pay $3.4 billion to settle allegations that roughly one-and-a-half million of its Tacoma, Tundra, and Sequoia pickup trucks and SUVs had been outfitted with frames prone to corrosion and perforation. According to court papers, the corrosion could reach levels high enough to compromise the vehicle's structural integrity.
On February 9, 2002, Kenichi Uchino, aged 30 years, a quality control manager, collapsed then di…
Overview
The history of Toyota started in 1933 with the company being a division of Toyoda Automatic Loom Works devoted to the production of cars under the direction of the founder's son, Kiichiro Toyoda. Kiichiro Toyoda had traveled to Europe and the United States in 1929 to investigate automobile production and had begun researching gasoline-powered engines in 1930. Toyoda Automatic …
Beginning
Toyota Motor Co. was established as an independent and separate company in 1937. Although the founding family's name was written in the Kanji "豊田" (rendered as "Toyoda"), the company name was changed to a similar word in katakana - トヨタ (rendered as "Toyota") because the latter has 8 strokes which is regarded as a lucky number in East Asian culture. Since Kanji are essentially Chinese characters, in Chinese speaking markets, the company and its vehicles are still referred t…
Postwar growth
After World War II, Japan experienced extreme economic difficulty. Commercial passenger car production started in 1947 with the model SA. The company was on the brink of bankruptcy by the end of 1949, but the company eventually obtained a loan from a consortium of banks which stipulated an independent sales operation and elimination of "excess manpower".
Global presence
Toyota began to expand in the 1960s with a new research and development facility, a presence in Thailand was established, the 10 millionth model was produced, a Deming Prize, and partnerships with Hino Motors and Daihatsu were also established. The first Toyota built outside Japan was in November 12, 1962, in São Bernardo do Campo, Brazil. By the end of the decade, Toyota had established a worldwide presence, as the company had exported its one-millionth unit.
2008–2012
With high fuel prices and a weak US economy in mid-2008, Toyota reported a double-digit decline in sales for the month of June, similar to figures reported by the Detroit Big Three. For Toyota, these were attributed mainly to slow sales of its Tundra pickup, as well as shortages of its fuel-efficient vehicles such as the Prius, Corolla and Yaris. In response, the company announced plans to idle its truck plants, while shifting production at other facilities to manufacture in-demand veh…
External links
• Official History of Toyota