Toyota Company Information
The Toyota Motor Corporation is the largest automaker by sales revenue in the world. The Toyota Motor Corporation has a half-owned subsidiary company, Daihatsu, and is both a part of the Toyota Group, of which Lexus and Scion auto manufacturers are also a part. The Toyota Group contains 522 subsidiary companies. Toyota was founded by Kiichiro Toyoda in 1937 as a spin off from his father's textile company. The new company that Kiichiro created aimed at making automobiles. The first Type A engine from Toyota was created in 1934 and the first passenger car in 1935, before the company went on its own. The company is headquartered in Toyota, Aichi, Japan. Toyota is primarily known for its vehicles, it also creates robots and still makes looms as the original company did. Toyota leads the way in the automotive industry, surpassing General Motors in sales figures.