Toyota
Toyota Motor Corporation is a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on August 28, 1937. Toyota is the largest automobile manufacturer in the world, producing about 10 million vehicles per year.
Some of the key events about Toyota
- 1935Established as an independent company, spinning off from Toyoda Automatic Loom Works
- 1947Produced its 100,000th vehicle, marking rapid post-war growth
- 1950Toyota was accused of using prison labor during World War II
- 1957Became the first Japanese car to be exported to the United States
- 1966Introduced the Corolla, which would become the world's best-selling car model
- 1982Formed a joint venture with General Motors, demonstrating international collaboration
- 1989Launched the Lexus brand, entering the luxury car market
- 1995Toyota recalled 242,000 vehicles due to seatbelt defects
- 1997Introduced the Prius, the world's first mass-produced hybrid electric vehicle
- 2008Surpassed General Motors to become the world's largest automaker by sales
- 2009Toyota recalled 3.8 million vehicles due to floor mat issues causing unintended acceleration
- 2010Toyota was fined $16.4 million by the U.S. government for delaying a safety recall
- 2012Toyota recalled 7.43 million vehicles worldwide due to faulty power window switches
- 2014Began large-scale production of fuel cell vehicles with the Mirai model
- 2014Toyota agreed to pay $1.2 billion to settle a U.S. criminal probe into sudden unintended acceleration issues
- 2016Toyota recalled 3.37 million vehicles worldwide for airbag and emissions control unit defects
- 2018Toyota recalled 2.4 million hybrid vehicles worldwide due to stalling problems
- 2020Toyota was fined $180 million for violating U.S. emissions reporting requirements
- 2021Became the first automaker to produce over 10 million vehicles in a single year
- 2022Toyota admitted to falsifying emissions data for diesel engines in Japan
Disclaimer: This material is written based on information taken from open sources, including Wikipedia, news media, podcasts, and other public sources.
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