Toyota Motor Corporation is a Japanese automotive manufacturer based in Toyota, Aichi, Japan. In March 2014 the multinational corporation consisted of 338, 875 employees worldwide and also, as of February 2016, was the 13th-largest company on earth by revenue. Toyota was the major automobile manufacturer in 2012 ahead of the Volkswagen Group and Standard Motors. In July of that year, the company reported the actual production of its 200-millionth car. Toyota is the earth's first automobile manufacturer to create more than 10 million vehicles per year. It did so in 2012 as outlined by OICA, [8] and in 2013 in line with company data. As of July 2014, Toyota was the major listed company in Asia by market capitalization and also by revenue.
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Toyota could be the world's market leader within sales of hybrid power vehicles, and one of the biggest companies to encourage this mass-market adoption of hybrid vehicles across the globe. Cumulative global sales involving Toyota and Lexus cross passenger car models passed the 9 million milestone in April 2016. Its Prius family may be the world's top selling hybrid nameplate with almost 5. 7 million units sold worldwide since 30 April 2016.
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The organization was founded by Kiichiro Toyoda within 1937, as a spinoff through his father's company Toyota Industries to generate automobiles. Three years earlier, in 1934, while still a section of Toyota Industries, it created its initial product, the Type A motor, and, in 1936, its first passenger auto, the Toyota AA. Toyota Motor Corporation yields vehicles under five manufacturers, including the Toyota brand, Hino, Lexus, Ranz, and Daihatsu. It also holds the 16. 66% stake in Fuji Major Industries, a 5. 9% stake in Isuzu, a 3. 58% stake in the actual Yamaha Motor Company, [16] and a 0. 27% stake in Tesla, as well as joint-ventures together with two in China (GAC Toyota as well as Sichuan FAW Toyota Electric motor), one in India (Toyota Kirloskar), one in the Czech Republic, along with several "nonautomotive" companies. TMC is part in the Toyota Group, one of the largest conglomerates on the globe.
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Toyota is headquartered in Toyota Metropolis, Aichi. The main headquarters of Toyota is located in a 4-story building within Toyota. As of 2006 the top office has the "Toyopet" Toyota logo and also the words "Toyota Motor". The Toyota Technical Middle, a 14-story building, and the Honsha place, Toyota's second plant participating in mass production and recently named the Koromo plant, are adjacent to each other in a location close to the headquarters. Vinod Jacob from The Hindu described the primary headquarters building as "modest". In 2013 company scalp Akio Toyoda reported who's had difficulties retaining dangerous employees at the headquarters a result of the lack of amenities in the city.
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