Toyota Motor Corporation or Toyota Jidōsha Kabushiki-gaisha is a multinatio
nal corporation and the world's second largest automaker including sales of its half owned subsidiary Daihatsu, making automobiles, trucks, buses and robots and providing financial services based in Toyota, Aichi, Japan with a total vehicle production of 9.018 million vehicles in 2006 [1]. It is also the world's eighth largest company with revenue of $185 billion as of 2006. Many independent analysts believe Toyota will become the worlds largest auto maker in the 2007 calendar-year, by reaching a stated goal of producing 9.4 million vehicles, or at least no later than 2008.
Toyota has factories all over the world, manufacturing or assembling vehicles for local markets, including the Corolla. Toyota has manufacturing or assembly plants in the United States, Japan, Australia, Canada, Indonesia, Poland, South Africa, Turkey, the United Kingdom, France, Brazil, and more recently Pakistan, India, Argentina, Czech Republic, Mexico, Malaysia, Thailand, China, Vietnam, Venezuela, and Philippines.
nal corporation and the world's second largest automaker including sales of its half owned subsidiary Daihatsu, making automobiles, trucks, buses and robots and providing financial services based in Toyota, Aichi, Japan with a total vehicle production of 9.018 million vehicles in 2006 [1]. It is also the world's eighth largest company with revenue of $185 billion as of 2006. Many independent analysts believe Toyota will become the worlds largest auto maker in the 2007 calendar-year, by reaching a stated goal of producing 9.4 million vehicles, or at least no later than 2008.The first Toyota built outside of Japan was a Land Cruiser FJ-251, built in São Paulo, Brazil in May 1959.
Toyota invests a great amount of research into cleaner-burning vehicles such as the Toyota Prius, based on technology such as the Hybrid Synergy Drive. In 2002, Toyota successfully road-tested a new version of the RAV4 which ran on a Hydrogen fuel cell. Scientific American called the company its Business Leader of the Year in 2003 for commercializing an affordable hybrid car.
Toyota
The first Toyota brand was the eponymous Toyota, which remains the best selling of Toyota's brands. Sales of Toyota branded vehicles have given Toyota Motor Corporation a 45% domestic market share in Japan, higher than any other manufacturer.[8] In North America, Toyota has achieved success with a full lineup of cars, trucks, SUVs, and other vehicles. In particular, the Toyota Camry has been America's best-selling car for the past five years, and is assembled in Kentucky; the Toyota Corolla has been the second best-selling car for 2006. These vehicles have helped drive sales of the Toyota brand in the United States.[9] Total U.S. sales reached 2,220,090 units in 2006, making the brand third overall in U.S. sales for the first time in history.[10]
