10/12/2024
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Ten Unknown Facts About
Founding: Toyota was founded in 1937 by Kiichiro Toyoda, originally as a division of his father’s textile machinery company.
It’s now one of the largest automobile manufacturers in the world.
The Toyota Production System: Toyota is famous for pioneering the "Toyota Production System"
(TPS), which emphasizes efficiency, continuous improvement, and waste reduction. This system has been adopted by companies worldwide.
First Hybrid Car: Toyota introduced the world’s first mass-produced hybrid car, the Prius, in 1997. The Prius became synonymous
with eco-friendly driving and helped popularize hybrid technology globally.
Global Sales Leader: Toyota is one of the top-selling automotive brands globally, often trading the top spot with Volkswagen.
The company has sold over 250 million vehicles since its founding.
Toyota vs. Toyoda: The company’s name was changed from "Toyoda" to "Toyota" because the latter was considered to be
luckier and easier to write in Japanese kanji.
Lexus Luxury Brand: In 1989, Toyota launched Lexus, its luxury vehicle division. Lexus has since become a leading brand
in luxury automobiles, known for its innovation, design, and reliability.
Commitment to Hydrogen: In addition to hybrid and electric vehicles, Toyota is a leader in hydrogen fuel cell technology.
The Toyota Mirai is one of the few hydrogen-powered cars available for consumers.
Largest Automaker by Revenue: Toyota consistently ranks among the world’s top automakers in terms of revenue, with
annual sales often exceeding $250 billion.
Toyota City: Toyota’s headquarters is located in Toyota City, Japan. The city was named after the company in
recognition of its significance to the local economy and its contributions to Japan.
Self-Driving Cars: Toyota is investing heavily in autonomous vehicle technology, working on both fully autonomous and driver-assist systems.
The company is testing self-driving vehicles for use in ride-hailing services and public transportation.
