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Toyota is a Japanese multinational automobile manufacturer🏭 headquartered in Aichi, Japan.

It is the world’s largest automotive manufacturer😎.

In Sep. 2018, it was the 6th-largest company in the world by revenue.

History

Toyota’s name originated🌱 from the family name of its founder, Kiichiro Toyoda.

He founded it in 1937🗓, as a subsidiary of his father’s company Toyota Industries to produce automobiles.

In 1957, the company entered the US market🗽 which was the 1st export of Japanese passenger cars to the U.S.

During the 1960s and ’70s, the company expanded↔ at a rapid rate and began exporting large numbers of automobiles to other foreign markets too.

About its operations

Its portfolio includes cars🚗 ranging from small to luxury models, SUVs, pickup trucks, minivans and buses etc.

Some of its bestselling models👍 include Corrolla, Land Cruiser, Lexus. Fortuner etc.

Apart from Japan, Toyota now has its manufacturing facilities across the world🌎.

Leader in EVs

Toyota is the world’s 💪market leader in sales of hybrid electric vehicles.

Its Prius model is the world’s top-selling hybrid with over 60 lakh units👌 sold worldwide as of Jan. 2017.

Figures to be proud of

Toyota was the world’s 1st automaker to produce more than 1 crore vehicles per year in 2012 and has been doing that continually✌ since then.

In the same year it also produced its 20th crore vehicle.

Its. FY 19 revenue💰 was over $272 billion and it employs over 350,000 employees👷♂ worldwide.