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Toyota Motor Corporation historical background Nov 10, 2018

Toyota Motor Corporation historical background

Toyota Motor Corporation, abbreviated as TOYOTA, is a Japanese automobile manufacturing company headquartered in Toyota City, Aichi Prefecture, Japan, and Bunkyo District, Tokyo, and belongs to Mitsui.

In 2012, a total of 9.73 million vehicles were sold. In 2013, it is expected to produce 10.1 million vehicles. It is the first car manufacturer to reach an annual output of more than 10 million units. Toyota is also the parent company of the Lexus and Subaru brands and the largest shareholder of Fuji Heavy Industries.

In 2016, it ranked 8th in the Fortune Global 500. In October, Toyota Motor Corporation ranked 5th in the world's 100 most valuable brands in 2016. In June 2017, WPP and Kantar Millward Brown jointly released the “BrandZ Global Top 100 Most Valuable Brands 2017” list, and Toyota ranked 30th.