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Toyota Motor Company is a Japanese automobile manufacturer, headquartered in Toyota City, Aichi County, Japan. In March 2014, the multinational company had 338875 employees worldwide. As of February 2016, it was the 13th largest company in the world by revenue. Toyota was the largest automaker by production in 2012, overtaking Volkswagen Group and general motors. In July of that year, the company reported production of 200 million cars. Toyota is the world's first automaker to produce more than 10 million cars a year. According to oica, the company did so in 2012 and 2013. As of July 2014, Toyota was the largest listed company by market value in Japan (more than twice the market value of Softbank) and in terms of revenue.
Toyota is the global market leader in hybrid vehicle sales and one of the largest companies to encourage the large-scale promotion of hybrid vehicles around the world. The cumulative global sales of Toyota and Lexus hybrid passenger vehicles reached 10 million milestones in January 2017. Its Prius series is the world's largest selling hybrid nameplate, with global sales of more than 6 million vehicles as of January 2017.
Founded in 1937 by Kiichiro Toyoda, the company is a by-product of his father's Toyota Industries, which makes cars. Three years ago, in 1934, although it was still a department of Toyota Industrial Company, it created the first product type a engine, and in 1936, it created the first passenger car Toyota AA. Toyota produces five brands of cars, including Toyota, Hino, Lexus, Lanz and Dafa. The company also owns 16.66% of Fuji Heavy Industry, 5.9% of Isuzu, and a joint venture with two joint ventures in China (GAC Toyota and Sichuan FAW Toyota), and a joint venture in India (Toyota kirloskar). Czech Republic (TPCA), and several "non automotive" companies. TMC is part of the Toyota group, one of the world's largest conglomerates.
