Toyota


From SCION-TECH : The Scion Resource : tC, xA, xB, xD

Toyota Motor Corporation, or Toyota is a Japanese multinational corporation and the world's largest automaker by sales revenue as of the first sales quarter of 2007[3] (ahead of General Motors). Together with its half-owned subsidiary Daihatsu, the company was the world's second largest auto company by revenue of $179 billion and total vehicle production, most profitable automaker with net income of around $11 billion, and the world's eighth largest company by revenue in 2006.[3] The company is part of Toyota Group (Toyota Gurupu) and is its largest company. Toyota owns and operates Toyota, Lexus, Scion, and parts of Daihatsu brands, divisions and companies. The company includes 522 subsidiaries.[1]

The company was founded in 1937 by Kiichiro Toyoda as a spinoff from his father's company Toyota Industries to create automobiles. It created, first as a department of Toyota Industries, its first product Type A engine in 1934 and its first passenger car (the Toyota AA) in 1936. It is headquartered in Toyota, Aichi, Japan. It also provides financial services through its division Toyota Financial Services and also creates robots besides automobiles.

Toyota together with its half owned subsidiary Daihatsu, is the world's largest seller of cars for the first quarter of 2007 selling 2.35 million vehicles.[4] Toyota plans to produce 9.4 million vehicles in 2007.[5]

Toyota is driving force behind the Scion brand.


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