Toyota Motors Car
Established on 6th October, 1997, Toyota motors has pulled the vigilant of
Indian customers to its products. With the full devotion and round the clock
services, Toyota tied up with Kirloskar Group by forming Toyota Kirloskar
Motor Private Limited. Two shareholders of Toyota Motors are Toyota Motor
Corporation holding share of 89% while Kirloskar group is having the share
of 11% .
Headquartered in Japan, Toyota motors is a
multinational corporation, the world's largest automaker. Other offices are
located in Aichi, Nagoya and in Tokyo. In 1982, Toyota Motor Company and
Toyota Motor Sales merged into one company, the Toyota Motor Corporation.
After two years, Toyota signed a joint venture with GM called NUMMI, the New
United Motor Manufacturing, Inc, operating an automobile manufacturing plant
in Fremont, California.
Toyota Motors has been appreciated by many awards. In 1970, it was awarded
by Japanese Quality Control Award for being participating in a wide variety
of Motor sports. Later in the year 1990, Toyota Motors began to branch out
from producing mostly compact cars by adding several larger and luxurious
vehicles to its lineup.
In 1997, the company began production of the world's best selling hybrid
car, the Toyota Prius. Later in 2002, it has started IMV project, "Innovative
International Multi-purpose vehicle" to optimize global manufacturing
and supply systems for pickup trucks and multipurpose vehicles.
In the beginning of year 2007, the company has developed as the most
profitable automaker and largest seller of cars. Revenue of Toyota Motors in
year 2006 is $11 billion along with increasing sales among other countries
i.e United States.