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Toyota Motor Philippines Corporation (TMP) is a subsidiary of Toyota, based in Santa Rosa, Laguna, Philippines, responsible for the assembly and distribution of Toyota vehicles in the Philippines since 1988. The company was established on August 3, 1988, as a joint venture between Toyota, Mitsui & Co and GT Capital. [1] [2] [3]
The company also holds a 20% stake in Subaru Corporation, a 5.1% stake in Mazda, a 4.9% stake in Suzuki, a 4.6% stake in Isuzu, a 3.8% stake in Yamaha Motor Corporation, and a 2.8% stake in Panasonic, as well as stakes in vehicle manufacturing joint-ventures in China (FAW Toyota and GAC Toyota), the Czech Republic , India (Toyota Kirloskar) and ...
Ford's history in the Philippines can be traced back to 1929. Ford Philippines, Inc. (FPI) was established as a subsidiary of the Ford Motor Company in 1967 and began production operations on May 3, 1968. Ford left the market in 1984 due to the local economic recession. The brand came back in 1997 as Ford Group Philippines, Inc. (FGPI).
Delta Motor Corporation was a former automobile company established by Ricardo C. Silverio Sr. in the Philippines. [2] It operated under a technical tie-up with Toyota Motor Corporation of Japan, [3] but also produced its own range of small off-roaders called the "Delta Mini Cruiser". Delta was founded in 1962 and continued to be Toyota's local ...
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]
Established on June 26, 2007, GT Capital has business interests in auto dealership, banking, insurance, power, and real estate. [1] [4] [5] On April 20, 2012, it debuted in the Philippine Stock Exchange with an initial public offering (IPO) of 47.4 million shares with additional 6 million shares earmarked for over-allotment.
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Kyoho kai group – Auto parts company – 211 companies. Kyouei kai group – Logistic/facility company – 123 companies. KDDI (Toyota owns 11.09% of the company); Nagoya Broadcasting Network (Toyota owns 34.6% and is the largest single shareholder in the company; 36.9% of the stock are directly and indirectly (through TV Asahi Holdings Corporation) owned by Asahi Shimbun, making it the ...