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Toyota Motor Co. was established as an independent and separate company in 1937. Although the founding family's name was written in the Kanji "豊田" (rendered as "Toyoda"), the company name was changed to a similar word in katakana - トヨタ (rendered as "Toyota") because the latter has 8 strokes which is regarded as a lucky number in East Asian culture. [3]
Toyota Motor Corporation (Japanese: トヨタ自動車株式会社, Hepburn: Toyota Jidōsha kabushikigaisha, IPA:, English: / t ɔɪ ˈ j oʊ t ə /, commonly known as simply Toyota) is a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and
After that, finally, the syndicate consisting of 24 banks was established through the placement of the Bank of Japan. Toyota Motor Company could get 188.2 million yen in loans, subject to Toyota's reconstruction plan formulation. [10] In this way, Kiichiro overcame the bankruptcy crisis of 1949.
Sakichi Toyoda (豊田 佐吉, Toyoda Sakichi, March 19, 1867 – October 30, 1930) was a Japanese inventor and industrialist who founded Toyoda Automatic Loom Works (later Toyota Industries). The son of a farmer and sought-after carpenter, he started the Toyoda family companies.
The Toyota Production System (TPS) is an integrated socio-technical system, developed by Toyota, that comprises its management philosophy and practices. The TPS is a management system [ 1 ] that organizes manufacturing and logistics for the automobile manufacturer, including interaction with suppliers and customers.
On October 26, 1968, he entered into an agreement to distribute Toyota vehicles from the port in Jacksonville, Florida, to the states of Florida, Georgia, Alabama, North and South Carolina. His Southeast Toyota Distributors (SET) was founded that year [12] and in 2006, distributed over 400,000 vehicles, 20% of all new Toyotas sold in the United ...
Toyota shareholders voted Tuesday in support of all the company's proposals, including keeping Akio Toyoda, grandson of the Japanese automaker’s founder, as chairman on the board. A shareholder ...
Shoichiro Toyoda (Japanese: 豊田 章一郞, Hepburn: Toyoda Shōichirō, February 27, 1925 – February 14, 2023) was a Japanese business executive who served as chairman of Toyota Motor Corporation from 1992 to 1999, [1] as well as chairman of the influential Japan Business Federation (日本経済団体連合会, Nippon Keidanren) [2] from 1994 to 1998. [3]