[WCSA - ALMANAC EVENTS & ACHIEVEMENTS 2022] Milestones of 85 years of development Toyota Company (1937)


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

Toyota Motor Corporation produces vehicles under five brands: Daihatsu, Hino, Lexus, Ranz, and the namesake Toyota. 

Toyota was founded by Kiichiro Toyoda and incorporated on August 28, 1937. Toyota is one of the largest automobile manufacturers in the world, producing about 10 million vehicles per year.

Toyota's milestone:

1957 - Crown becomes first passenger car made in Japan to be exported to the United States

1962 - First overseas vehicle plant, in Brazil

1964 - First Asian vehicle plant outside Japan, in Thailand

1972 - Cumulative production in Japan reaches 10 million vehicles

1984 - Toyota’s first U.S. car assembly plant, a joint venture with General Motors Corp, opens in California

1989 - Toyota launches luxury Lexus brand in North America

1992 - First European car plant begins production in Britain

1997 - Prius, the first mass-produced hybrid car, launched

1998 - Toyota takes majority stake in mini-vehicle maker Daihatsu Motor Co

1999 - 100 millionth Toyota vehicle produced in Japan

2001 - Toyota takes majority stake in truck maker Hino Motors Ltd

2003 - Toyota makes 6.78 million vehicles and overtakes Ford Motor Co in annual sales to become world No.2 behind General Motors

2005 - Toyota takes minority stake in Fuji Heavy Industries, maker of Subaru cars, for cooperation in vehicle technology development and use of its U.S. factory

2006 - Toyota takes minority stake in truck maker Isuzu Motors Ltd to beef up diesel engine technology

2011 - P.T. TD Automotive Compressor Indonesia established in Indonesia to produce car air-conditioning compressors. Toyota Industrial Equipment Vietnam Co., LTD. established in Vietnam to produce lift truck parts and small warehouse equipment

By 2020, Toyota reclaimed its position as the largest automaker in the world, surpassing Volkswagen. It sold 9.528 million vehicles globally despite an 11.3% drop in sales due to the COVID-19 pandemic.

According to Wikipedia, reuters

Brian (collect) - (World Creativity Science Academy)

Tags: Toyota