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On June 6, 1988, the California plant was renamed TABC, Inc. (Toyota Auto Body California), a nod to the company's Toyota Auto Body manufacturing subsidiary. [5] Toyota would later say that TABC had a large role in building Toyota's pickup trucks into a major model in the U.S. on the same level as the Corolla and the Camry. [5]
Charles George Bluhdorn (born Karl Georg Blühdorn; September 20, 1926 – February 19, 1983) was an Austrian-born American industrialist.He built his fortune in auto parts and commodities such as zinc, and following a 1966 acquisition became CEO, chairman and president of the Hollywood movie studio Paramount Pictures.
Paramount Cars was a British company which produced the Paramount automobile between 1950 and 1956. Founded by WA Hudson and S Underwood from Derbyshire, the company initially manufactured cars in Swadlincote with production moving shortly after to Melbourne (again in Derbyshire ) and then to Leighton Buzzard .
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Bluhdorn appointed himself as chief executive officer, chairman, and president of Paramount and promoted Martin S. Davis to chief operating officer and executive vice president. The acquisition of Paramount was a significant move in Gulf and Western's diversification strategy and allowed the company to expand into the entertainment industry.
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