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List of Companies in the Toyota Group

Last Updated : 02 Apr, 2024
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List of Companies in the Toyota Group: Toyota Motor is a company that designs, manufactures as well as sells various types of car and their parts. It operates through the following segments: Automobile, Financial Services, and Other. The Automotive segment designs and manufactures cars, minivans, trucks car parts, and accessories. Besides, it contributes to the development of intelligent traffic systems.

The Financial Services segment provides buying or leasing financing to dealers and customers purchasing or leasing from the Toyota brand. Furthermore, it sells wholesale and directly to dealers who buy under lease contracts. The Others consist of still much to be done in terms of the design and production of housing, telecommunications, and other companies. The company was established by Kiichiro Toyoda on the 28th of August 1937 and headquartered in Toyota, Japan.

Toyota Group Highlights

Below is the crucial information related to Toyota Group for your reference:

Details

Brief

Company

Toyota Group

Industry

Auto Brands

Founded

1986

Headquarters

Toyota

Country/Territory

Japan

Chief Executive Officer

Koji Sato

Employees

372,817

Toyota Group History

Toyota Company was initially established by Kiichiro Toyoda on August 28, 1937. The latter had desired the company to produce cars and founder his legacy. Years ago, the part was one of the most revolutionary that gave the Toyota industry the momentum to produce machines.

The first product of the Toyota industry was the production of Type A engine in the year of 1934 and then they also manufactured the first passenger model of car in 1936 which was given the name Toyota AA. On the other hand, both companies now merge together as the Tototo group which is a single unit containing Toyota industries and Toyota motors.

In the times of the World War two, Japan possessed an alliance with the USA that speaks to the fact that Toyota, through this, was able to set up companies in America with the aim of learning more from the American manufacturing system. Since then, the globalization of Toyota’s multinational companies around the world has gained momentum.

In the middle of 1970s, Toyota is the usual manufacturer of cars for the society that are emerging as middle class and upper class. You did not ask for a Toyota brand car called Corolla to be everyone’s famous car in the world as being the best-selling at all time. Moreover, due to its contribution, Toyota became one of the largest car manufacturers and had Japan as the highest-grossing industry in revenue.

In 1997, Toyota firstly produced hybrid vehicles that included Prius electric vehicles. From these cars, the company could start manufacturing vehicles with both combustion engine and electric motor to improve fuel efficiency.

Toyota Group Business List

Here’s the list of top companies that comes under the Toyota Group:

1. Lexus

‘Lexus’ is ‘Toyota’’s luxury marque. It started with the Flagship 1 (F1) in the 1980s, and its modern saloon passenger vehicles are now designed and developed in Japanese workshops. Take a second to imagine N Charlotte Toyota models are almost perfect they are functional and built with engineering as their foundation, add extravaganza and you have a utopic vehicle!

2. Ranz

Being founded in 2013 it is the production of electrical vehicles that this subsidiary specializes in. It was launched at the Shanghai Motor Show during the year of 2013. It OEM opened the market in favor of EV offshoot, Toyota Corolla at the Chinese market as well. Although the number of vehicles is small now, the portfolio of electric cars sold here will increase in near future because there is a growing number of the fans of this technology.

3. Daihatsu

It is an independent manufacturer and an already established one since 1951. It was transformed into a Toyota subsidiary in 2016 and this plant produced many compact models and as well as bike production for the major European and Asian markets. Eventually, the companies built two million autos in less than a decade.

4. Mazda

Toyota also has a small share in Mazda. It is not only deemed to take credit for inventing the Wankel rotary engine but also other iconic vehicles because of its incredible history. Their agreement with Toyota goes through the cargo of SkyActiv N Charlotte Toyota engines that are fuel efficient. Therefore, this for hydrogen fuel cell technology is produced.

5. Isuzu

This company, with its Toyota partnership, doesn’t hit the road so often, but there is still a pretty good chance you have seen trucks and pickups with a N Charlotte Toyota diesel engine under the hood. Interestingly, Isuzu is also the supplier of diesel engines for a variety of brands such as GM.

6. Subaru

Besides, the features of the exterior design are almost identical for both the Toyota 86 and the Subaru BRZ. This partnership between Toyota and Subaru is resulting in two aggressive and car acing cars. Toyota has been buying a greater proportion of shares into Subaru with 16.6%. According to recent rumours a third-generation of the Toyota 86/Subaru BRZ is in development.

Top Companies Owned by Toyota Group

Below given is the list of all the top companies owned by the Toyota Group:

Company

Founded

Founder

Experience

Lexus

1989

Eiji Toyoda

34 years

Ranz

2013

Tianjin FAW

12 years

Daihatsu

1907

Saneyasu Oka

42 years

Mazda

1920

Jujiro Matsuda

57 years

Isuzu

1893

Yoshisuke Aikawa

46 years

Subaru

1953

Kenji Kita

51 years

Conclusion

Today Toyota is not limited to a specific region but has assembly plants and distributors in many countries. Besides car items the company’s production covers manufacture of rubber and cork materials, steel, synthetic resins, automatic looms and cotton and wollen goods.

They operate in real estate, prefabricated dwellings, and imports/exports of raw materials. This case of Toyota’s partners and subsidiary companies shows that Toyota is not only a great car company, but also experts in collaboration with other brands to put those icons on the road.

List of Companies in the Toyota Group- FAQs

What are the 17 companies of the Group Toyota?

Toyota Tsusho is a member of the Toyota Group, which comprises 17 companies: Toyota has various companies. These are: Toyota Motor, Toyota Industries, Aichi Steel, JTEKT, Toyota Auto Body, Aisin Seiki, Denso, Toyota Boshoku, Towa Real Estate, Toyota Central R&D Labs, Toyota Motor East Japan, Toyoda Gosei, Hino Motors, Daihatsu Motor, Toyota Home, Toy

What is ownership of the Toyota group?

Sakichi Toyoda, the founder of the Toyota Industries Corporation, came from Yamaguchi mura, fuchi-no-kori, to-modon-kuni (which is now called Kosai City, Shizuoka Prefecture) in 1867. He even was a child of this couple.

Which Toyota brand is considered the best?

Toyota’s Corolla Model ha the honor of being crowned the top-selling car in history. Toyota has sunk its teeth onto this market with high-profile hybrids like RAV4 Hybrid, Highlander Hybrid and Prius.

Do you consider Toyota a well-known brand?

The Toyota brand in the recent Forbes 2023 survey has again retained its 6th position overall among the world’s leading top 100 brands behind the e-commerce companies like Apple, Microsoft, Amazon, Google and Samsung

Is Toyota a MNC?

The Toyota Motor Corporation, started business in 1937 by Kiichiro TOYODA, intended to make automobiles. Toyota is a multinational corporation run from its global headquarter located in Japan.



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