TOYOTA Background Toyota Motor Corporation commonly known simply as Toyota and abbreviated as TMC. A multinational automaker. Headquartered in Toyota City, Aichi, Japan. Founded by Kiichiro Toyoda in 1937.
TMC is part of the Toyota Group, one of the largest conglomerates in the world. A spinoff from his father's company Toyota Industries . In 1934, Toyota Industries, Created its first product, the Type A engine.
Toyota Motor Corporation group companies are Toyota, Lexus, Daihatsu and Hino Motors, Along with several "non-automotive" companies.
1867, Birth of Sakichi Toyoda. 1924, Invents Toyoda Model G Automatic Loom.
In 1929, Automatic-loom patent is sold to a British company. In 1930, Begins research on small gasoline-powered engine.
In 1933, Automobile Department established at Toyoda Automatic Loom Works, Ltd.
In 1936, The AA Sedan Completed. In 1937, Toyota Motor Co., Ltd. established.
In 1938, Honsha Plant begins production. In 1950, Company faces a financial crisis; Toyota Motor Sales Co., Ltd. is established.
In 1951, Suggestion System begins. In 1955, The Toyopet Crown, Toyopet Master and Crown Deluxe are launched.
In 1957, first of the Crown prototypes exported to the United States. Established Toyota Motor Sales U.S.A., Inc..