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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]
In 1950, Toyota was split into Toyota Motor Co. and Toyota Motor Sales Co. (sales arm of Toyota); the two companies merged in 1982 to create one unified company, with then-Toyota Motor Co. President Eiji Toyoda becoming chairman. Chairmen listed prior to 1982 below were for the pre-merger Toyota Motor Co. only. [114] [115] Rizaburo Toyoda (1937 ...
In 1926, Kiichiro established Toyota Industries Corporation and became its managing director. Also, he became interested in automatic looms, so he set up a pilot plant in Kariya, Aichi to start development for them even though his father, Sakichi, disagreed. He traveled to Europe and America from September 1929 to April 1930, and thought that ...
Toyoda is a great-grandson of the industrialist, Sakichi Toyoda, and a grandson of both the founder of Toyota Motors, Kiichiro Toyoda, and the founder of the Takashimaya department stores corporation, Shinshichi Iida. On 1 April 2023, Toyoda stepped down as Toyota president and became chairman of the board. [2]
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Woven City, Toyota's $10 billion smart city, is set to welcome its first residents in 2025. The company said the 175-acre site at the base of Mount Fuji would be a testing ground for robotics and ...
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.
Toyota’s chairman Akio Toyoda will be facing some disgruntled shareholders this week, as two major proxy groups demand a vote against keeping the grandson of the founder on its board. The vote ...