Toyota Motor Corporation
Overview
Multinational corporation
A multi national corporation or enterprise , is a corporation or an enterprise that manages production or delivers services in more than one country. It can also be referred to as an international corporation...
automaker
Automaker
The automotive industry designs, develops, manufactures, markets, and sells motor vehicles, and is one of the world's most important economic sectors by revenue....
headquartered in Toyota, Aichi
Toyota, Aichi
is a city located in the Mikawa region of Aichi Prefecture, Japan, east of Nagoya.Toyota's main plant, the Tsutsumi plant, is located here. The longstanding ties between the Toyota Motor Corporation and the town of Toyota-shi, formerly known as Koromo, gave the town its current...
, Japan. In 2010, Toyota Motor Corporation employed 317,734 people worldwide, and was the world's largest automobile manufacturer by production.
The company was founded by Kiichiro Toyoda
Kiichiro Toyoda
was a Japanese entrepreneur and the son of Toyoda Loom Works founder Sakichi Toyoda. His decision to take Toyoda Loom Works into automobile manufacturing would create what would eventually become Toyota Motor Corporation, the world's largest automobile manufacturer....
in 1937 as a spinoff from his father's
Sakichi Toyoda
was a Japanese inventor and industrialist. He was born in Kosai, Shizuoka. The son of a poor carpenter, Toyoda is referred to as the "King of Japanese Inventors".- Career :...
company Toyota Industries
Toyota Industries
Toyota Industries Corporation is a Japanese machine maker. Originally a manufacturer of automatic looms, it is the company from which Toyota Motor Corporation developed.-History:...
to create automobiles. Three years earlier, in 1934, while still a department of Toyota Industries
Toyota Industries
Toyota Industries Corporation is a Japanese machine maker. Originally a manufacturer of automatic looms, it is the company from which Toyota Motor Corporation developed.-History:...
, it created its first product, the Type A engine
Toyota Type A engine
The Type A engine was a straight-6 engine produced from 1935 through 1947 by Toyota.The Type B was a technically more advanced version of the Type A.The Type C was a straight-4 engine derived from the Type A....
, and, in 1936, its first passenger car, the Toyota AA
Toyota AA
The A1 was the first prototype passenger car built by the company that became Toyota. It was redesigned and put into production as Toyota's first production cars, the AA sedan and the AB cabriolet...
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