98 Facts About Toyota

Toyota Motor Corporation is a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi, Japan.

Toyota is one of the largest automobile manufacturers in the world, producing about 10 million vehicles per year.

Toyota was the world's first automobile manufacturer to produce more than 10 million vehicles per year, a record set in 2012, when it reported the production of its 200 millionth vehicle.

Toyota was praised for being a leader in the development and sales of more fuel-efficient hybrid electric vehicles, starting with the introduction of the Toyota Prius in 1997.

Toyota now sells more than 40 hybrid vehicle models around the world.

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Toyota is listed on the London Stock Exchange, Nagoya Stock Exchange, New York Stock Exchange and on the Tokyo Stock Exchange, where its stock is a component of the Nikkei 225 and TOPIX Core30 indices.

However, automakers like Toyota were allowed to begin building trucks for civilian use, in an effort to rebuild the nation's infrastructure.

Toyota started developing its first full-fledged passenger car, the Toyopet Crown, in January 1952.

Toyota began shipping Land Cruiser knock-down kits to Latin America in November 1955, sending complete Land Cruisers to Burma and the Philippines in 1956 as part of war reparations provided by the Japanese government, establishing a branch in Thailand in June 1957, and shipping Land Cruisers to Australia in August 1957.

Toyota established a production facility in Brazil in 1958, the company's first outside of Japan.

Toyota entered the United States market in July 1958, attempting to sell the Toyopet Crown.

Toyota faced problems almost immediately, the Crown was a flop in the U S with buyers finding it overpriced and underpowered .

Toyota would go on to lead the company for the next two decades.

Toyota found success in the United States in 1965 with the Toyota Corona compact car, which was redesigned specifically for the American market with a more powerful engine.

The U S government closed the loophole that allowed Toyota to pay lower taxes by building truck beds in America.

Toyota was succeeded as president by Shoichiro Toyoda, the son of the company's founder.

Toyota received its first Japanese Quality Control Award at the start of the 1980s and began participating in a wide variety of motorsports.

Conservative Toyota held on to rear-wheel-drive designs for longer than most; while a clear first in overall production they were only third in production of front-wheel-drive cars in 1983, behind Nissan and Honda.

Toyota had been developing the brand and vehicles in secret since August 1983, at a cost of over US$1 billion.

Two years later, Toyota set up a base in the United Kingdom, TMUK, as the company's cars had become very popular among British drivers.

In 2001, Toyota acquired its long time partner, truck and bus manufacturer Hino Motors.

In 2002, Toyota entered Formula One competition and established a manufacturing joint venture in France with French automakers Citroen and Peugeot.

Toyota ranked eighth on Forbes 2000 list of the world's leading companies for the year 2005.

In 2007, Toyota released an update of its full-sized truck, the Tundra, produced in two American factories, one in Texas and one in Indiana.

Toyota was hit by the global financial crisis of 2008 as it was forced in December 2008 to forecast its first annual loss in 70 years.

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In October 2009, Toyota announced that they were establishing an office in South Korea and launched the Camry sedan, Camry hybrid, Prius and the RAV4 during the launching event at the Grand Hyatt Seoul.

Between 2009 and 2011, Toyota conducted recalls of millions of vehicles after reports that several drivers experienced unintended acceleration.

Toyota planned to consolidate its corporate functions in Melbourne by the end of 2017, and retain its Altona plant for other functions.

Toyota admitted the move was in response to a probe foreshadowed earlier in the month by China's National Development and Reform Commission of Toyota's Lexus spare-parts policies, as part of an industry-wide investigation into what the Chinese regulator considers exorbitantly high prices being charged by automakers for spare parts and after-sales servicing.

In March 2016, Toyota partnered with Yanmar to create a fiberglass pleasure boat using Yanmar outboard marine diesel engines or Toyota inboard engines.

In 2021, Toyota told some of its suppliers to increase their semiconductor inventory levels from the conventional three months to five months in response to the COVID-19 chip shortage.

Toyota first entered the pickup truck market in 1947 with the SB that was only sold in Japan and limited Asian markets.

In 1995, Toyota added the more powerful V6 engine from the new Tacoma to the T100 and added an extended cab version.

In 1999, Toyota replaced the T100 with the larger Tundra, which would be built in the US with a V8 engine and styling that more closely matched other American full-size trucks.

Toyota developed the brand and its vehicles in secret since August 1983, at a cost of over US$1 billion.

Toyota Coaster is a minibus introduced in 1969 that seats 17 passengers.

Toyota is the world's leader in sales of hybrid electric vehicles, one of the largest companies to encourage the mass-market adoption of hybrid vehicles across the globe, and the first to commercially mass-produce and sell such vehicles, with the introduction of the Toyota Prius in 1997.

Toyota has been criticized for being slow to add battery electric vehicles to its lineup.

Toyota created the first generation Toyota RAV4 EV after the California Air Resources Board mandated in the late 1990s that every automaker offer a zero-emissions vehicle.

Toyota said it would make and sell battery-electric vehicles if and where regulations and markets demand.

Year later, Toyota outlined its electric-vehicle plans for between 2020 and 2030 to the press in Tokyo, saying it would introduce "more than 10" battery-electric vehicles worldwide by the early 2020s, beginning in China, and later in Japan, Europe, the US and India.

Toyota introduced the C+pod in late 2020, a 2-seater kei car with an estimated range of 100 kilometres and a top speed of 60 kilometres per hour .

Toyota has stated that there will be seven "bZ" models to be launched globally out of 15 BEV models by 2025.

In December 2021, Toyota announced in Tokyo plans for 30 battery-electric models by 2030, to sell 3.

Toyota announced investments of $70 billion into the company's electrification.

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Toyota has been developing solid-state batteries in partnership with Panasonic, in which the company has more than a thousand patents covering solid-state batteries by late 2020.

Toyota built a FCHV bus based on the Hino Blue Ribbon City low-floor bus.

Toyota is regarded as being behind in smart car technology and in need of innovation.

Toyota has been collaborating with autonomous vehicle technology developers and, in some cases, purchasing the companies.

Toyota has acquired the autonomous vehicle division of ride-hailing service Lyft for $550 million, invested a total of US$1 billion in competing ride-hailing service Uber's self-driving vehicle division, invested $400 million in autonomous vehicle technology company Pony.

In December 2020, Toyota showcased the 20-passenger "e-Palette" shared autonomous vehicle, which was used at the 2021 Tokyo Olympic Games.

Toyota has announced it intends to have the vehicle available for commercial applications before 2025.

Since February 2021, Toyota has been building the sensor-laden "Woven City" which it calls a "175-acre high tech, sensor-laden metropolis" at the foot of Mount Fuji.

Toyota has been involved in many global motorsports series, providing vehicles, engines and other auto parts under both the Toyota and Lexus brands.

Toyota Gazoo Racing is Toyota's performance brand that is used in many of the world's major motorsports contests.

Toyota Gazoo Racing Europe, based in Cologne, Germany, competes in the FIA World Endurance Championship, while the Finland-based Toyota Gazoo Racing WRT participates in the World Rally Championship.

Toyota Gazoo Racing South Africa competes in the Dakar Rally.

Toyota Racing Development USA is responsible for participation in major motorsports contests in the United States including NASCAR, NHRA, Indy Racing League and Formula Drift.

Toyota makes engines and other auto parts for other Japanese motorsports including Super Formula, Super GT, Formula 3, and Toyota Racing Series.

Toyota is a minority shareholder in Mitsubishi Aircraft Corporation, having invested in the new venture which will produce the Mitsubishi Regional Jet, slated for first deliveries in 2017.

Toyota has studied participation in the general aviation market and contracted with Scaled Composites to produce a proof of concept aircraft, the TAA-1, in 2002.

In 1997, building on a previous partnership with Yamaha Marine, Toyota created "Toyota Marine", building private ownership motorboats, currently sold only in Japan.

Some organizations that Toyota has worked with in the US include the American Red Cross, the Boys and Girls Club, Leaders in Environmental Action for the Future, and the National Center for Family Literacy.

Toyota Foundation takes a global perspective providing grants in the three areas of human and natural environments, social welfare, and education and culture.

Toyota has been developing multitask robots destined for elderly care, manufacturing, and entertainment.

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Toyota played a part in the development of Kirobo, a 'robotic astronaut'.

Toyota invests in several small start-up businesses and partnerships in biotechnology, including:.

In 2003, Toyota was fined $34M for violating the United States Clean Air Act.

In January 2021, Toyota was fined $180M for violating U S emissions regulations from 2005 to 2015.

In October 2019, Toyota backed the Trump Administration's proposal that federal authority should override California's ability to set its own emissions standards for automobiles.

Toyota has repeatedly been the subject of greenwashing controversies, owing to their criticism of electric cars, while promoting hydrogen and hybrid vehicles – with the manner in which they have advertised and marketed hybrid vehicles causing particular consternation.

Alongside their commitment to hybrid vehicles, Toyota has repeatedly stated its commitment to producing hydrogen cars, claiming that they will be the future of the company.

In 2019, Toyota launched a global campaign for its self-proclaimed 'self-charging hybrid' vehicles, which use fossil fuel to charge the on-board batteries in their cars, rather than using an external electricity source, as with plug-in hybrids.

Language around 'self-charging' hybrids caused much consumer criticism that this was misleading, as the vehicles did not self-charge, but instead required users to input fossil fuels, and these vehicles could not run on electric power alone – as was made clear during the COVID-19 pandemic, when Toyota contacted the owners of these vehicles to inform them of the need to regularly refuel the vehicles with fossil fuels.

Toyota has drawn negative attention for its marketing campaigns, which use studies funded by the manufacturer to substantiate claims about the efficiency of their vehicles.

An expose by IrishEVs found that Toyota Ireland had paid University College Dublin to conduct a study of just seven cars over seven days to make claims about the efficiency of their hybrid vehicles.

Furthermore, Toyota Ireland had consistently used funded polls to substantiate claims about their CO2 emissions, and their perception as a “leading brand tackling climate change in Ireland.

Toyota is headquartered in the city of Toyota, which was named Koromo until 1951, when it changed its name to match the automaker.

The main headquarters of Toyota is located in a four-story building that has been described as "modest".

Toyota has a large presence in the United States with six major assembly plants in Huntsville, Alabama, Georgetown, Kentucky, Princeton, Indiana, San Antonio, Texas, Buffalo, West Virginia, and Blue Springs, Mississippi.

Toyota is pushing hybrid electric vehicle in the US such as the Prius, Camry Hybrid, Highlander Hybrid, and various Lexus products.

Currently, Toyota has no plans to offer diesel motor options in its North American products, including pickup trucks.

Toyota has a significant presence in Europe with nine production facilities in Kolin, Czech Republic, Burnaston, England, Deeside, England, Onnaing, France, Jelcz-Laskowice, Poland, Walbrzych, Poland, Ovar, Portugal, Saint Petersburg, Russia, and Arifiye, Turkey.

Toyota operates a joint venture plant with Citroen and Peugeot in Valenciennes, France.

However, in February 2014, Toyota was the last of Australia's major automakers to announce the end of production in Australia.

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Toyota is publicly traded on the Tokyo, Osaka, Nagoya, Fukuoka, and Sapporo exchanges under company code TYO: 7203.

In Japan, Toyota's stock is a component of the Nikkei 225 and TOPIX Core30 indices.

Toyota has been publicly traded in Japan since 1949 and internationally since 1999.

Toyota Way is a set of principles and behaviors that underlie the company's approach to management and production .

Toyota summarized it under two main pillars: continuous improvement and respect for people.

Toyota Way helped shape the company's approach to production, where it was an early pioneer of what would be come to be known as lean manufacturing.

Toyota defines the Toyota Production System under two main pillars: just-in-time and Jidoka .

Toyota has donated the training to non-profit groups to increase their efficiency and thus ability to serve people.

In 1936, Toyota entered the passenger car market with its Model AA and held a competition to establish a new logo emphasizing speed for its new product line.

Toyota introduced a worldwide logo in October 1989 to commemorate the 50th year of the company, and to differentiate it from the newly released luxury Lexus brand.

Toyota says that the overlapping of the two perpendicular ovals inside the larger oval represents the mutually beneficial relationship and trust between the customer and the company while the larger oval surrounding both of these inner ovals represents the "global expansion of Toyota's technology and unlimited potential for the future".

Toyota still uses the katakana character logo as its corporate emblem in Japan, including on the headquarters building, and some special edition vehicles still use the "TOYOTA" wordmark on the grille as a nod to the company's heritage.

In March 2015, Toyota became a sponsor partner for the Olympic Games, in the form of supplying vehicles and communications between vehicles until 2024.