References and footnotes From April 1, 2020, to March 31, 2021, is the fiscal year (FY21). References:[1][2]
Toyota Motor Corporation, also known simply as Toyota, is a multinational car manufacturer with headquarters in Toyota City, Aichi, Japan (Japanese:, Hepburn: Toyota Jidsha kabushikigaisha, IPA: [tojota], English: /tjot/). Kiichiro Toyoda established it, and it became a corporation on August 28, 1937. (1937-08-28). One of the biggest automakers in the world, Toyota produces around 10 million automobiles annually.
The business was initially established as a subsidiary of Toyota Industries, a manufacturer of machines that Kiichiro Toyoda’s father, Sakichi Toyoda, created. The Toyota Group, one of the biggest conglomerates in the world, now includes both businesses. The firm created its first product, the Type A engine, in 1934 while it was still a division of Toyota Industries, and its first passenger automobile, the Toyota AA, in 1936.
Following World War II, Toyota benefited from Japan’s alliance with the US by studying American automakers and other businesses. This allowed Toyota to develop The Toyota Way (a management philosophy) and the Toyota Production System (a lean manufacturing technique), which helped the small business grow into an industry leader and became the focus of numerous academic studies.
The Toyota Corolla, the all-time best-selling car in the world, was developed in the 1960s as a result of Toyota taking advantage of a rapidly expanding Japanese middle class to sell automobiles to. By December 2020[update], Toyota would have become one of the largest automakers in the world, the largest firm in Japan, and the ninth-largest company in the world by revenue thanks to the rising economy’s funding of a foreign expansion. In 2012, when it announced the production of its 200 millionth vehicle, Toyota made history by becoming the first automaker in the world to create more than 10 million automobiles annually.
Since the 1997 launch of the Toyota Prius, Toyota has received recognition for being a pioneer in the creation and marketing of more fuel-efficient hybrid electric vehicles. The business now offers more than 40 different hybrid car models for sale worldwide. However, more recently, the business has also been charged of greenwashing due to its skepticism of fully electric vehicles and its focus on the creation of hydrogen fuel cell vehicles, such the Toyota Mirai, a more expensive technology that has lagged well behind electric batteries.
Daihatsu, Hino, Lexus, Ranz, and the company’s own Toyota are the five brands under which Toyota Motor Corporation manufactures automobiles. The company also owns stakes in vehicle manufacturing joint-ventures in China (GAC Toyota and FAW Toyota), the Czech Republic (TPCA), India (Toyota Kirloskar), and the United States. It also owns 20% of Subaru Corporation, 5.1% of Mazda, 4.9% of Suzuki, 4.6% of Isuzu, 3.8% of Yamaha Motor Corporation, 2.8% of Panasonic, and 4.9% of Suzuki (MTMUS).
In This Article...
Toyota: American or Japanese?
Toyota is both a Japanese and American manufacturer, according to the CEO of the business. (Reuters) TOKYO – Akio Toyoda, president of Toyota Motor Corp. 7203. T, stated on Thursday that the Japanese business ought to be regarded as a U.S. manufacturer because it has boosted its U.S. output over the previous 30 years.
Toyota is either Japanese or European.
Among the many Japanese automakers are Toyota, Nissan, Subaru, and Mitsubishi. These producers have created iconic vehicles including the Supra, Skyline, Evolution, and Impreza in addition to vehicles that have taken home global racing championships.
Which is better, Honda or Toyota?
Toyota has more automobiles, better costs, and higher reliability in the categories we looked at, making it the superior brand. When deciding between Honda and Toyota, Honda isn’t a slouch either thanks to its comparable dependability ratings, reasonable costs, and even higher safety ratings.
Are Japanese-made automobiles better?
The engineering and construction of Japanese automobiles is astounding. They clearly take great pleasure in their job and want their clients to have the finest driving experience possible.
Although their teams may not be very good at designing cars, they are fantastic engineers.
The jokes about American-built cars breaking down frequently and not lasting past 100,000 miles are mostly accurate. There are many exceptions, but in general, when it comes to autos, Japanese engineering is superior to American engineering.
How can I tell if my Toyota was made in the USA or Japan?
Do you consistently purchase American-made vehicles? Do you believe the claims being made that purchasing American goods is better for our economy than purchasing Japanese goods? Or do you think imports are a superior investment because they last longer and are on the opposite side of the road?
Whatever your preference, you might be startled to hear that the Volkswagen your neighbor is driving was actually produced in Mexico, while the Toyota you drove to work today was actually made in Northern California. No matter what kind of vehicle you have, you may find out here where it was truly made.
Verify your car’s VIN (Vehicle Identification Number). VIN numbers are now used by insurance companies and law enforcement to identify a vehicle’s true make, body style, age, and manufacturer location. They were first employed by Detroit automakers in the 1950s. The VIN is typically located in the front window, directly in front of the driver’s side.
Take a look at your VIN number’s initial few characters. The first character of every VIN number identifies the city or nation where the car was built, put together, assembled, and distributed.
Your vehicle was built in the USA, Canada, or Mexico if the first character of the VIN number is a NUMBER:
What country produces Toyota engines?
The largest automobile manufacturing facility in the world for Toyota, Toyota Motor Manufacturing, Kentucky, Inc. (TMMK) is able to produce 550,000 vehicles and more than 600,000 engines per year. Two years after breaking ground in Georgetown, Kentucky, Toyota produced its first Camry in May 1988. Since then, Toyota’s assembly lines in Kentucky, where more than 9,000 people work full-time, have produced more than 12 million automobiles. In addition to the Camry, the most popular car in America, TMMK also produces four-cylinder and V-6 engines, the Avalon, Avalon Hybrid, RAV4 Hybrid, Lexus ES 300h, and Lexus ES 350. Since 1988, Toyota has contributed more than $150 million to a range of charitable and educational projects.
Toyota stopped producing automobiles in Japan when?
According to Reuters, the biggest carmaker in the world is stopping production at one-third of its facilities. After one of its suppliers was hacked, Toyota says it will temporarily suspend producing automobiles in its Japanese factory.
The supplier in question is known as Kojima Industries, and it creates composite and plastic components for Toyota’s hybrid and fuel cell electric vehicles as well as interior automobile parts. According to Reuters, a Toyota representative referred to the incident as a “supplier system failure.”
Toyota will consequently shut down 28 production lines at 14 sites throughout Japan starting on March 1.
Hackers are increasingly targeting Toyota. At least three breaches of the automaker’s security occurred in 2019: a malware attack in Australia, a breach of 3.1 million customers’ data in Japan (and perhaps Thailand and Vietnam), and a $37 million-costing swindle.
Toyota experienced another breach in 2021, this time through a US-based parts business, in what is thought to have been a Russian-related incident.
However, Toyota is not the only carmaker that has had to suspend operations as a result of a security breach. Honda had to suspend building vehicles at facilities in Ohio and Turkey, as well as motorbikes in India and South America, according to a study we published in 2020.
A limited amount of further information, including any probable suspects, is available concerning today’s cyberattack. Fumio Kishida, the prime minister of Japan, did assert that his country would look into any potential ties to Russia.
What is the CEO pay at Toyota?
According to a report from Japan’s Financial Services Agency on Tuesday, the Japanese auto giant paid its CEO Akio Toyoda a total of 184 million yen (US$1.86 million) in salary and bonuses. Dividends from the stock he owns in the business, which was started by his great-grandfather, are also included in Toyoda’s compensation.
What does the Japanese word “Toyota” mean?
The name Toyoda is spelled differently as Toyota. Many different types of looms were created and made by the original Toyoda firm. Toyoda made the decision to enter the automotive industry in 1933, and after achieving consistent success, it rapidly expanded in 1956. Toyoda, which refers to Japan’s most important cash crop, means “fertile rice patty.” To avoid being confused with the agricultural company Toyoda Loom Inc., they changed their name to Toyota, which has a similar sound but has nothing to do with agriculture. Toyota only needs eight strokes to write the Japanese alphabet, whereas Toyoda needs ten. In addition to being simpler to write, the number eight is lucky in Japan, therefore the alteration was viewed favorably.
What the Toyota Logo Means
In 1990, the Toyota logo made its debut in the United States. It displays three overlapping ellipses, each of which stands for a crucial aspect of Toyota as an organization. The ellipses in the middle, resembling columns, and on top, perpendicular to them, stand for the “unification of the hearts of [Toyota] customers and the heart of Toyota goods.” The third and last ellipsisthe one around the other tworepresents Toyota’s pursuit of technical innovation as well as potential and opportunity in the future.
What does Toyota mean to you?
Why not share your meaning for your Toyota with us and our customers? Submit a review! You’ll wonder why you ever put up with problems with other automobiles once you’ve experienced the Toyota difference with ToyotaCare.
Where is Toyota’s plant located?
Toyota produces a sizable portion of its products in Japan, where it all began. Toyota produces automobiles and their parts in 26 more nations and areas, notably in North America.
Why are American cars superior to Japanese vehicles?
The discussion of the engine and transmission’s performance over time is relevant. American cars have substantially improved in terms of quality and performance over the years, even though Japanese cars are still thought to perform better than American ones. Additionally, their engines and transmissions are better.
German automobiles: superior to Japanese?
German cars are significantly safer compared to Japanese cars since they have more airbags, even if safety cannot be guaranteed. A poll revealed that Japanese cars are regarded as dependable. German manufacturers performed poorly in terms of dependability.
Why are European cars superior to Japanese ones?
European automakers, including Volkswagen and Aston Martin, as well as more obscure ones like Renault, have admirers all over the world. Typically, European automakers construct unpretentious, dependable vehicles that have good fuel economy.
It’s always a close race when comparing European and American or European and Japanese automobiles, and the winner usually depends on the driver’s preferences. The advantages of European cars, however, are numerous and different.
Top-quality interiors
European automobiles frequently boast interiors of the utmost caliber, from the plush leather of a BMW 5 Series to the exquisite hand-stitching of a Mini Hatchback.
Not everything is as it seems. Not just because of their handling, European automobiles have cozy interiors that make them enjoyable to drive.
Therefore, the area demonstrates that it’s the inside that counts even when certain European automobiles may appear a little dull on the surface compared to their American and Asian counterparts.
Integrating high-level tech
A focus on incorporating the most recent in-car technology completes the interiors. Ingenious extras like climate control, best-in-class in-car entertainment, and other clever features to enhance the driving experience are typically standard in European cars.
Safety
European vehicles have a reputation for having the best safety in the industry ever since Volvo became the first manufacturer of the three-point seatbelt in 1959. While all automobiles are required to meet a certain level of safety, European models are renowned for placing a greater emphasis on the welfare of the driver.
European automobiles devote greater care into the safety features of its models, which filters down to the other major car regions. This includes ergonomic seating and stringent testing techniques.
The safest cars are often either European or Japanese, with each region competing fiercely.
Fuel efficiency
The main criticism of American automakers is probably their poor fuel economy, when European automobiles typically do well.
With the exception of the Ford Focus, American models are extremely infrequently found on year-end lists of the most fuel-efficient vehicles; instead, European and Japanese models consistently receive the highest ratings.
The higher cost of fuel is the cause of this improved fuel efficiency. Fuel prices are often greater in Europe, therefore manufacturers prioritize it during production; for American manufacturers, the market places a higher value on power and speed.