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95-611: After becoming independent from Toyota Motor , the company was founded as Nippon Denso Co. Ltd. ( 日本電装株式会社 , Nippon Densō Kabushiki-Gaisha ) in 1949. About 25% of the company is owned by Toyota. Despite being a part of the Toyota Group of companies, as of the year ending March 2016, sales to the Toyota Group accounted for less than 50% of total revenue (44% of revenue originated from other car manufacturers in Japan, Germany,

190-900: 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 ( TPCA ), India ( Toyota Kirloskar ) and the United States ( MTMUS ). Toyota is listed on the London Stock Exchange , Nagoya Stock Exchange , New York Stock Exchange and on the Tokyo Stock Exchange , where its stock is a component of the Nikkei 225 and TOPIX Core30 indices. In 1924, Sakichi Toyoda invented

285-475: A class below the Crown and Century and offered hardtop coupes and sedans. The Supra , Mark II , Cresta and Chaser offered several trim packages with different engine displacements to provide buyers with annual road tax advantages. At the same time, sports cars like Celica , Corolla Levin and Sprinter Trueno sold very well. Efforts to open a Toyota assembly plant in the United States started in 1980, with

380-558: A class-action lawsuit was filed in Quebec over alleged defective fuel pumps in a number of Acura , Honda, Lexus , Subaru , and Toyota vehicle models. A separate fuel pump lawsuit was filed for the remaining areas of Canada. Official website [REDACTED] Toyota Toyota Motor Corporation ( Japanese : トヨタ自動車株式会社 , Hepburn : Toyota Jidōsha kabushikigaisha , IPA: [toꜜjota] , English: / t ɔɪ ˈ j oʊ t ə / , commonly known as simply Toyota )

475-433: A distance of eight miles. It was won by the locomotive of Isaac Watt Boulton , one of six he said he had run over the years, perhaps driven by his 22-year-old son, James W. The race was against Daniel Adamson's carriage, likely the one made for Mr. Schmidt and perhaps driven by Mr. Schmidt himself. The reports do not indicate who was driving, since both were violating the red-flag law then fully in force. Boulton's carriage

570-524: A drop in production and exports. Severe flooding during the 2011 monsoon season in Thailand affected Japanese automakers that had chosen Thailand as a production base. Toyota is estimated to have lost production of 150,000 units to the tsunami and production of 240,000 units to the floods. On February 10, 2014, it was announced that Toyota would cease manufacturing vehicles and engines in Australia by

665-467: A game of shogi against professional players. In June 2020, DENSO announced the opening of its "Electrification Innovation Center" at its plant in Anjō . The facility will support the company's development of products and technologies for electric and hybrid vehicles. In 2014, DENSO's global sales were distributed as follows: DENSO is a global company focused on advanced mobility that positively changes how

760-593: A high-speed test, car handling manoeuvres can be tested such as precision drifting , donuts, handbrake turns, reversing and so on. Other disciplines of automobile sport include: The international motorcycle sport governing body recognised by the International Olympic Committee is the Fédération Internationale de Motocyclisme (FIM). Disciplines include: The international powerboating governing body recognised by

855-591: A hill, at private and closed roadways where higher speeds and distances can be reached than at an autotesting course for example. Time attack are terms used by series that run sprints at racing circuits where competitors try to set the quickest lap time rather than racing head-to-head with others. Time trials are run by the Sports Car Club of America , amongst others. Rallysprints are mainly sanctioned and held in continental Europe. Ultimately, they are similar to other time trial sprints but originate from

950-785: A joint venture with local partner Astra International in 1971, and conducted significant retooling at the PT Gaya Motor assembly plant. The plant began assembling various models, including the Toyota Corona, Toyota Land Cruiser, large trucks, and the Toyota Corolla, with production surpassing 10,000 vehicles by 1973. For both countries, Toyota developed a basic utility vehicle (BUV) with the local partners to meet local needs and support technology transfers, in response to domestic production policies in Asia. The first prototype of

1045-597: A long-standing partnership between Toyota and the two companies. After the successes of the 1970s, and the threats of import restrictions, Toyota started making additional investments in the North American market in the 1980s. In 1981, Japan agreed to voluntary export restraints , which limited the number of vehicles the nation would send to the United States each year, leading Toyota to establish assembly plants in North America. The U.S. government also closed

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1140-688: A production facility in Brazil, the company's first outside of Japan. Toyota entered the United States market in 1958, attempting to sell the Toyopet Crown. The company faced problems almost immediately. The company had to confront for the first time how its name sounded to native speakers of the English language; namely, "Toyota" has the English word " toy " in its first syllable. Toyota Motor Sales, USA 's first sales administrator James F. McGraw bluntly told his new Japanese supervisors after joining

1235-452: A race is between competitors running head-to-head, in its International Sporting Code, the FIA defines racing as two or more cars competing on the same course simultaneously. Circuit racing takes place on sealed-surface courses at permanent autodromes or on temporary street circuits . Competitors race over a set number of laps of the circuit with the winner being the first to finish, or for

1330-464: A sealed surface such as asphalt or concrete. Notable off-road races on open terrain include the Baja 1000 desert race, organised by SCORE International . The FIA authorise Extreme E , an electric off-road series whose organisers have announced a hydrogen fuel series, Extreme H, to begin in 2025. Examples of off-road racing disciplines and series include: Drag racing is an acceleration contest from

1425-511: A seat on the board of directors in 2000. Akio's promotion by the board marked the return of a member of the Toyoda family to the top leadership role for the first time since 1999. In 2011, Toyota, along with large parts of the Japanese automotive industry , suffered from a series of natural disasters. The 2011 Tōhoku earthquake and tsunami led to a severe disruption of the supplier base and

1520-737: A service center in Cedar Falls, Iowa . This was opened due to an agricultural parts contract with John Deere that included starter motors and meters. DENSO International America employs over 17,000 people at 38 locations between North, Central, and South America. At year end, on March 31, 2008, combined sales totaled $ 8.3 billion for all American locations. As Denso is a part of the Toyota Group, it also assists Toyota in participating and developing their cars for different motorsports categories. Denso manufactures customised electronics and different auto-parts specifically for Toyota-Lexus motorsports development divisions Toyota Racing Development and

1615-436: A set length of time with the winner having completed the highest number of laps, with others classified subsequently. Circuit racing replaced point-to-point (city-to-city) racing early in the history of motorsport, for both spectator appeal and as safety concerns brought in regulation of the sport, forcing organisers to use closed, marshalled and policed circuits on closed public roads. Aspendale Racecourse in Australia in 1906

1710-399: A standing start along a short and straight course. Vehicles of various types can compete, usually between two vehicles. Winners can be the first to finish of competing pairs or by setting the fastest time, and competitions may have heats and/or series of runs. Kart racing is a form of circuit racing using very small and low vehicles not considered as automobiles known as go-karts. It is one of

1805-413: A variety of motorsports categories which include NASCAR , Formula One (from 2002-2009), World Rally Championship , and World Endurance Championship . The Toyota TS030 Hybrid , using a Denso kinetic energy recovery system , finished second in the 2013 24 Hours of Le Mans . Denso products are also used in many local Japanese motorsports, including Super Formula and Super GT . On January 30, 2012,

1900-524: A vehicle. At the same time, the Japanese government heavily invested in improving road infrastructure. To take advantage of the moment, Toyota and other automakers started offering affordable economy cars like the Toyota Corolla , which became the world's all-time best-selling automobile . Toyota also found success in the United States in 1965 with the Toyota Corona compact car, which

1995-488: A white Corolla, rolled off the line at NUMMI on October 7, 1986. Toyota received its first Japanese Quality Control Award at the start of the 1980s and began participating in a wide variety of motorsports . Conservative Toyota held on to rear-wheel-drive designs for longer than most; while a clear first in overall production they were only third in production of front-wheel-drive cars in 1983, behind Nissan and Honda. In part due to this, Nissan's Sunny managed to squeeze by

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2090-630: Is a blend word of the Japanese terms for "electricity" ( 電気 , denki ) and "device" ( 装置 , sōchi ) . The company develops and manufactures various auto parts, including gasoline and diesel engine components, hybrid vehicle components, climate control systems, instrument clusters, airbag systems, pre-crash radar systems, and spark plugs . DENSO also develops and manufactures non-automotive components, such as household heating equipment and industrial robots. A Denso industrial robot gained wide public attention in Japan when it conducted

2185-501: 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. The company was founded as a spinoff of Toyota Industries , a machine maker started by Sakichi Toyoda , Kiichiro's father. Both companies are now part of

2280-453: Is a form of motorsport where drivers intentionally lose rolling traction in corners through oversteering but maintain momentum with effective throttle control, clutch use and corrective steering. In competition a panel of judges award marks on artistry and car control through the corner or series of corners. Competitions often feature pairs of cars driving together where a lead car and a chase car go head-to-head, with only one car going through to

2375-498: Is called a series, and a grouping of competitions often forms the basis of a championship , cup or trophy . Not all nations have a sporting authority affiliated with the FIA, some disciplines may not fall within the FIA's remit of control, or organisations may choose to ignore the claim of the authority of others. Examples include banger racing and stock car racing in the United Kingdom which are claimed by both

2470-782: The Japan Robot Association , and support the ORiN standard. QR Code® is a two-dimensional code developed by DENSO WAVE in 1994. QR stands for Quick Response and refers to the extremely fast decoding of information. Originally developed for marking assemblies and components for logistics in the automotive production of the Toyota Groups . Denso International America is the American subsidiary of Denso. In 1970, DENSO Corporation decided to expand overseas from Kariya, Japan, to North America . DENSO Sales California, Inc.,

2565-782: The T100 (and later the Tundra ), several lines of SUVs, a sport version of the Camry , known as the Camry Solara . They would also launch newer iterations of their sports cars, namely the MR2 , Celica , and Supra during this era. In Japan, Toyota continued to cater to the growing demand for mid-level luxury cars and offered several conventional and pillared hardtops sedans at its Japanese dealership network. The Soarer , Mark II , Cresta , Chaser , Corona EXiV , and Carina ED found many buyers. At

2660-581: The Tiara . After Kiichiro's death, his cousin Eiji Toyoda led the company for the two decades. Eiji helped establish the company's first plant independent from the Loom Works plant. At the start of the 1960s, the Japanese economy was booming, a period that came to be known as the Japanese economic miracle . As the economy grew, so did the income of everyday people, who now could afford to purchase

2755-550: The Toyota Group , one of the largest conglomerates in the world. While still a department of Toyota Industries, the company developed its first product, the Type A engine , in 1934 and its first passenger car in 1936, the Toyota AA . After World War II , Toyota benefited from Japan's alliance with the United States to learn from American automakers and other companies, which gave rise to The Toyota Way (a management philosophy) and

2850-874: The Toyota Mirai , a technology that is much costlier and has fallen far behind electric batteries in terms of adoption. As of 2024 , the Toyota Motor Corporation produces vehicles under four brands: Daihatsu , Hino , Lexus and the namesake Toyota. 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

2945-583: The Toyota Production System (a lean manufacturing practice) that transformed the small company into a leader in the industry and was the subject of many academic studies. In the 1960s, Toyota took advantage of the rapidly growing Japanese economy to sell cars to a growing middle-class, leading to the development of the Toyota Corolla , which became the world's all-time best-selling automobile . The booming economy also funded an international expansion that allowed Toyota to grow into one of

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3040-506: The US Justice Department announced after two years of investigation that it had discovered part of a massive price fixing scheme in which Denso and Yazaki played a significant role. The conspiracy, which fixed prices and allocated components to such car manufacturers as Toyota and Honda , extended from Michigan to Japan, where it was also under investigation. Denso agreed to pay a fine of $ 78 million. In August 2020,

3135-631: The United States , dirt track racing became popular. After World War II , the Grand Prix circuit became more formally organised. In the United States, stock car racing and drag racing became firmly established. The Fédération Internationale de l'Automobile (FIA), formed in 1904, is the oldest and most prominent international governing body. It claims to be the sole international motor sporting authority for automobiles and other land vehicles with four or more wheels, whilst acknowledging

3230-413: The 25% " chicken tax " on imported light trucks. By importing the truck as an incomplete chassis cab (the truck without a bed), the vehicle only faced a 4% tariff. Once in the United States, Atlas would build the truck beds and attach them to the trucks. The partnership was successful and two years later, Toyota purchased Atlas. In Southeast Asia, Toyota made efforts to establish domestic production in

3325-631: The ASNs must be obtained to organise events using their rules, and their licenses must be held by participants. Not all ASNs function in the same manner, some are private companies such as Motorsport UK, some are supported by the state such as France's FFSA, or in the case of the US's ACCUS, a council of sanctioning bodies is the national representative at FIA meetings. ASNs, their affiliated clubs or independent commercial promotors organise motorsport events which often include competitions . A collective of events

3420-802: The BUV was completed in January 1975. The BUV was launched as the Toyota Tamaraw in the Philippines in December 1976, and as the Toyota Kijang in June 1977. The vehicle was well received in both countries. The energy crisis of the 1970s was a major turning point in the American auto industry. Before the crisis, large and heavy vehicles with powerful but inefficient engines were common. But in

3515-579: The Camry sedan, Camry hybrid, Prius and the RAV4 during the launching event at the Grand Hyatt Seoul. Between 2009 and 2011, Toyota conducted recalls of millions of vehicles after reports that several drivers experienced unintended acceleration . The recalls were to prevent a front driver's side floor mat from sliding into the foot pedal well, causing the pedals to become trapped and to correct

3610-599: The Corolla in numbers built that year. Before the decade was out, Toyota introduced Lexus , a new division that was formed to market and service luxury vehicles in international markets. Prior to the debut of Lexus, Toyota's two existing flagship models, the Crown and Century , both catered exclusively for the Japanese market and had little global appeal that could compete with international luxury brands such as Mercedes-Benz , BMW and Jaguar . The company had been developing

3705-534: The Crown went on sale in August 1955. The car was met with positive reviews from around the world. After the introduction of the Crown, Toyota began aggressively expanding into the export market; the company entered Saudi Arabia for the first time in 1955 with Land Cruisers, following an agreement reached with Abdul Latif Jameel (founder of his company of the same name ); Toyota also brought Land Cruisers into neighboring Yemen in 1956. In 1958, Toyota established

3800-633: The European motorsports facility of the company Toyota Gazoo Racing previously named Toyota Motorsports GmbH located in Germany. Denso plays a vital role as an OEM by specifically engineering auto-parts and electronics for Toyota in motorsports which mainly include spark plugs, starter motors, fuel pumps , alternators , Engine Control Module (ECM) computer systems, engine & transmission sensors and many other high-performance automotive and motor racing equipments and accessories for Toyota to compete in

3895-639: The Oshkosh and the Green Bay (the machines were referred to by their town of origin). This is examined and illustrated in detail in The Great Race of 1878 by Richard Backus, Farm Collector, May/June 2004. In 1894, the French newspaper Le Petit Journal organised a contest for horseless carriages featuring a run from Paris to Rouen. This is widely accepted as the world's first motorsport event, and

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3990-690: The Oval Racing Council and the National Stock car Association, despite the claim by the FIA affiliated ASN, Motorsport UK , to be the "governing body of all four-wheel motorsport in the UK". SCORE International , National Auto Sport Association and National Off-Road Racing Association of the United States are also not members of the FIA affiliation system but may work with members for international matters. Although English dictionaries do not unanimously agree and singularly define that

4085-414: The Philippines and Indonesia in early 1970s. In the Philippines, it partnered with local company Delta Motor Corporation . Toyota assisted Delta Motor with capital procurement and technology transfers. In 1973, Delta Motor commenced operations at a new plant, beginning local production of engine blocks for the Toyota Corona 12R engine and other parts. In Indonesia, Toyota established Toyota Astra Motor as

4180-516: The Prius. In 2001, Toyota acquired its long time partner, truck and bus manufacturer Hino Motors . In 2002, Toyota entered Formula One competition and established a manufacturing joint venture in France with French automakers Citroën and Peugeot . A youth-oriented marque for North America, Scion , was introduced in 2003. Toyota ranked eighth on Forbes 2000 list of the world's leading companies for

4275-572: The Soviet Union and the U.S., who had been allies in World War II. U.S. priorities shifted (the " Reverse Course ") from punishing and reforming Japan to ensuring internal political stability, rebuilding the economy, and, to an extent, remilitarizing Japan. Under these new policies, in 1949, Japanese automakers were allowed to resume passenger car production, but at the same time, a new economic stabilization program to control inflation plunged

4370-525: The Toyoda Model G Automatic loom . The principle of jidoka , which means the machine stops itself when a problem occurs, became later a part of the Toyota Production System . Looms were built on a small production line . In 1929, the patent for the automatic loom was sold to the British company Platt Brothers , generating the starting capital for automobile development. Under the direction of

4465-495: The Toyota Motor Company Ltd. Kiichiro's brother-in-law Rizaburo Toyoda was appointed the firm's first president, with Kiichiro as vice-president. Toyota Automatic Loom Works formally transferred automobile manufacturing to the new entity on September 29. The Japanese government supported the company by preventing foreign competitors Ford and General Motors from importing automobiles into Japan. At

4560-544: The Toyota Production System. For Toyota, the factory gave the company its first manufacturing base in North America allowing it to avoid any future tariffs on imported vehicles and saw GM as a partner who could show them how to navigate the American labor environment. The plant would be led by Tatsuro Toyoda , the younger brother of company president Shoichiro Toyoda. The first Toyota assembled in America,

4655-770: The U.S. and China). In 2023, DENSO was the second largest auto parts supplier in the world. In 2022, DENSO was listed at #278 on the Fortune Global 500 list with a total revenue of $ 49.0 billion and 167,950 employees. As of 2021, DENSO consisted of 200 consolidated subsidiaries (64 in Japan , 23 in North America , 32 in Europe , 74 in Asia , and seven in Oceania and other regions). The name DENSO ( 電装 , densō )

4750-475: The United States government over accusations that it had intentionally hid information about safety defects and had made deceptive statements to protect its brand image. Amid the unintended acceleration scandal, Katsuaki Watanabe stepped down as company president. He was replaced by Akio Toyoda , grandson of company founder Kiichiro Toyoda, on June 23, 2009. Akio had been with Toyota since 1984, working jobs in production, marketing and product development, and took

4845-412: The authority of the Fédération Internationale de Motocyclisme (FIM) over vehicles with one to three wheels, which FIM calls motorcycle sport. FIM and FIA are both recognised as international sports federations by the International Olympic Committee . Within the FIA's structure, each affiliated National Sporting Authority ( ASN ) is recognised as the sole authority in their nation. Permission of

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4940-447: The automotive industry into a serious shortage of funds, while many truck owners defaulted on their loans. Ultimately, the Bank of Japan , the central bank of the country, bailed out the company, with demands that the company institute reforms. As the 1950s began, Toyota emerged from its financial crisis a smaller company, closing factories and laying off workers. Meanwhile, the Korean War broke out, and being located so close to

5035-410: The battlefront, the U.S. Army placed an order for 1,000 trucks from Toyota. The order helped to rapidly improve the struggling company's business performance. In 1950, company executives, including Kiichiro's cousin Eiji Toyoda , took a trip to the United States where they trained at the Ford Motor Company and observed the operations of dozens of U.S. manufacturers. The knowledge they gained during

5130-405: The brand and vehicles in secret since August 1983, at a cost of over US$ 1 billion. The LS 400 flagship full-size sedan debuted in 1989 to strong sales, and was largely responsible for the successful launch of the Lexus marque. In the 1990s, Toyota began to branch out from producing mostly compact cars by adding many larger and more luxurious vehicles to its lineup, including a full-sized pickup,

5225-519: The cars and courses used in special stage rallying with the elements of navigation and itinerary removed, and not necessarily requiring a co-driver to call pacenotes . Rallying involves driving to a set itinerary, following a prescribed route and arriving and departing at control points at set times with penalties applied for diverging from the route or arriving late and early. Rallies nearly always involve routes on open roads, closed special stages are used on some rallies where competitors drive against

5320-516: The character of a particular competition, series or championship. Groups of these are often categorised informally, such as by vehicle type, surface type or propulsion method. Examples of categories within a discipline are formula racing , touring car racing , sports car racing , etc. The first prearranged match race of two self-powered road vehicles over a prescribed route occurred in the north west of England at 4:30 A.M. on August 30, 1867, between Ashton-under-Lyne and Old Trafford, Manchester ,

5415-577: The clock, the winner having the shortest, lowest average or total time. Hillclimbing events often include classes of competition for various categories and ages of vehicle and so may be incorporated into car shows or festivals of motoring such as the Goodwood Festival of Speed . Hill climb courses can be short at less than 1 mile, or several miles long such as the 12.42 mile Pikes Peak course in Colorado , USA. Sprints are governed by national FIA member ASNs in United Kingdom, Ireland and Australia, amongst other places. They are held on courses that do not climb

5510-443: The clock. The classification of these rallies are determined by summing the times set with the fastest crews being victorious, as found in the World Rally Championship . This method is often called rally racing or stage rallying informally, whilst rallies that do not include special stages are distinctly regularity rallies . Rallies that include routes that cover terrain off-road are also known as rally raid or cross-country rallies,

5605-406: The company in 1959: "'Toy' sounds like a toy and toys break". The Crown was a flop in the U.S. market, with buyers finding it overpriced and underpowered (because it was designed for endurance on the bad roads of Japan, not high-speed performance on the good roads of America). In response, exports of the Crown to the United States were suspended in the early 1960s in favor of the Land Cruiser and

5700-441: The company proposing a joint-venture with the Ford Motor Company . Those talks broke down in July 1981. Eventually in 1984, the company struck a deal with General Motors (GM) to establish a joint-venture vehicle manufacturing plant called NUMMI (New United Motor Manufacturing, Inc.) in Fremont, California . GM saw the joint venture as a way to get access to a quality small car and an opportunity to learn about The Toyota Way and

5795-417: The company ran a public competition to design a new logo. Of 27,000 entries, the winning entry was the three Japanese katakana letters for "Toyoda" in a circle. However, Rizaburo Toyoda , who had married into the family and was not born with that name, preferred "Toyota" ( トヨタ ) because it took eight brush strokes (a lucky number) to write in Japanese, was visually simpler (leaving off the diacritic at

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5890-486: The company their father had founded. In 1992, Shoichiro Toyoda would shift to become chairman, allowing his brother Tatsuro to become president, a job he held until his retirement in 1995. Shoichiro would step down as chairman in 1999. Both would retain honorary advisory roles in the company. Hiroshi Okuda would lead the company as president from 1995 until 1999 when he became chairman and the President's office would be filled by Fujio Cho . In August 2000, exports began of

5985-404: The company to 33.4 percent, giving Toyota the ability to veto shareholder resolutions at the annual meeting. In 1998, Toyota increased its holding in the company to 51.2 percent, becoming the majority shareholder. On September 29, 1999, the company decided to list itself on the New York and London Stock Exchanges . The later half of the 1990s would also see the Toyoda brothers step back from

6080-477: The company's first truck, the G1 , was completed on August 25, 1935, and debuted on November 21 in Tokyo, becoming the company's first production model. Modeled on a period Ford truck, the G1 sold for ¥2,900, ¥200 cheaper than the Ford truck. A total of 379 G1 trucks were ultimately produced. In April 1936, Toyoda's first passenger car, the Model AA , was completed. The sales price was ¥3,350, ¥400 cheaper than Ford or GM cars. The company's plant at Kariya

6175-508: The design and manufacturing of auto bodies, which were then mounted on truck frames made by Toyota. The project was a major test for Toyota, who would need to build bodies and develop a new chassis that would be comfortable, but still stand up to the muddy, slow, unpaved roads common in Japan at the time. The project had been championed for many years by founder Kiichiro Toyoda, who died suddenly on March 27, 1952. The first prototypes were completed in June 1953 and began extensive testing, before

6270-601: The end of 2017. The decision was based on the unfavourable Australian dollar making exports not viable, the high cost of local manufacture, and the high amount of competition in a relatively small local market. The company planned to consolidate its corporate functions in Melbourne by the end of 2017, and retain its Altona plant for other functions. The workforce is expected to be reduced from 3,900 to 1,300. Both Ford Motor Company and General Motors ( Holden ) followed suit, ending Australian production in 2016 and 2017 respectively. The automaker narrowly topped global sales for

6365-434: The end), and with a voiceless consonant instead of a voiced one (voiced consonants are considered to have a "murky" or "muddy" sound compared to voiceless consonants, which are "clear"). Since toyoda literally means "fertile rice paddies", changing the name also prevented the company from being associated with old-fashioned farming. The newly formed word was trademarked and the company began trading on August 28, 1937, as

6460-484: The first half of 2014, selling 5.1 million vehicles in the six months ending June 30, 2014, an increase of 3.8% on the same period the previous year. Volkswagen AG , which recorded sales of 5.07 million vehicles, was close behind. Motorsport Motorsport(s) or motor sport(s) are sporting events, competitions and related activities that primarily involve the use of automobiles , motorcycles , motorboats and powered aircraft . For each of these vehicle types,

6555-479: The founder's son, Kiichiro Toyoda , Toyoda Automatic Loom Works established an Automobile Division on September 1, 1933, and formally declared its intention to begin manufacturing automobiles on January 29, 1934. A prototype Toyota Type A engine was completed on September 25, 1934, with the company's first prototype sedan, the A1 , completed the following May. As Kiichiro had limited experience with automobile production, he initially focused on truck production;

6650-439: The general form of time trials and sprints. Hillclimbing is the most widely known form of time-trial due to its status as the only time trial or sprint form to have international FIA championships and endorsement. Its origins begin near the start of motorsport, particularly with the trials held that tested the capabilities of early automobiles to tackle uphill gradients. Contestants complete an uphill course individually and against

6745-447: The general rule of participants completing a course individually with the intention of setting the shortest time or highest average speed. This form of motorsport can be recreational or when competitive, rules may vary slightly such as whether to include the total time of several runs, the best time set, or the average pace of multiple courses to classify competitors. Qualifying sessions for circuit races and special stages in rallying take

6840-420: The largest automakers in the world, the largest company in Japan and the ninth-largest company in the world by revenue , as of December 2020 . Toyota was the world's first automobile manufacturer to produce more than 10 million vehicles per year, a record set in 2012, when it also reported the production of its 200 millionth vehicle. By September 2023, total production reached 300 million vehicles. Toyota

6935-630: The loophole that allowed Toyota to pay lower taxes by building truck beds in America. Also in 1981, Eiji Toyoda stepped down as president and assumed the title of chairman. He was succeeded as president by Shoichiro Toyoda , the son of the company's founder. Within months, Shoichiro started to merge Toyota's sales and production organizations, and in 1982 the combined companies became the Toyota Motor Corporation. The two groups were described as "oil and water" and it took years of leadership from Shoichiro to successfully combine them into one organization. In Japan, Toyota offered mid-level luxury cars that were

7030-484: The more specific terms automobile sport , motorcycle sport , power boating and air sports may be used commonly, or officially by organisers and governing bodies. Different manifestations of motorsport with their own objectives and specific rules are called disciplines. Examples include circuit racing , rallying and trials . Governing bodies, also called sanctioning bodies, often have general rules for each discipline, but allow supplementary rules to define

7125-582: The most famous example being the Dakar Rally . In the United States, the National Off-Road Racing Association (NORRA) was founded in 1967 along with the Baja 1000 . Since the 1990s, this race has been organised by SCORE International whilst NORRA's events have closer followed the FIA regulations and standards for cross country rallies, although the association has no affiliation to ACCUS , the US's FIA member. Drifting

7220-494: The next heat or winning the competition. Autocross has multiple general meanings based on country of use. Also known as Autocross in US and Canada and Autoslalom in Continental Europe, these similar disciplines are held in the United Kingdom, Ireland, Australia and New Zealand. They involve precise car control, usually but not always against the clock on very short and compact temporary courses. Rather than being

7315-522: The onset of World War II , Toyota almost exclusively produced standard-sized trucks for the Japanese Army, which paid one-fifth of the price in advance and the remainder in cash upon delivery. Japan was heavily damaged in World War II and Toyota's plants, which were used for the war effort, were not spared. On August 14, 1945, one day before the surrender of Japan , Toyota's Koromo Plant

7410-628: The other in Blue Springs, Mississippi, USA. The company was number one in global automobile sales for the first quarter of 2008. Toyota was hit by the global financial crisis of 2008 as it was forced in December 2008 to forecast its first annual loss in 70 years. In January 2009, it announced the closure of all of its Japanese plants for 11 days to reduce output and stocks of unsold vehicles. In October 2009, Toyota announced that they were establishing an office in South Korea and launched

7505-405: The possible mechanical sticking of the accelerator pedal . At least 37 were killed in crashes allegedly related to unintended acceleration, approximately 9 million cars and trucks were recalled, Toyota was sued for personal injuries and wrongful deaths, paid US$ 1 billion to settle a class action lawsuit to compensate owners for lost resale value, and paid a US$ 1.2 billion criminal penalty to

7600-537: The same time, sports cars like the Supra , Celica , MR2 , Corolla Levin , Sprinter Trueno , and even the subcompact Starlet GT reflected a time of prosperity. December 1997 saw the introduction of the first-generation Toyota Prius , the first mass-produced gasoline-electric hybrid car. The vehicle would be produced exclusively for the Japanese market for the first two years. With a major presence in Europe, due to

7695-585: The slight opening of the Japanese auto market to foreign companies. In an effort to strengthen Japan's auto industry ahead of the market opening, Toyota purchased stakes in other Japanese automakers. That included a stake in Hino Motors , a manufacturer of large commercial trucks, buses and diesel engines, along with a 16.8 percent stake in Daihatsu , a manufacturer of kei cars , the smallest highway-legal passenger vehicles sold in Japan. That began what became

7790-527: The sports regulated by FIA (under the name of CIK), permitting licensed competition racing for anyone from the age of 8 onward. It is generally accepted as the most economical form of motorsport available on four wheels. As a free-time activity, it can be performed by almost anybody, and as karting circuits can be indoors and not take as much space as other forms of motorsport, it can be accessible to retail consumers without much qualification or training. Non-racing speed competitions have various names but all carry

7885-553: The success of Toyota Team Europe in motorsport, the corporation decided to set up Toyota Motor Europe Marketing and Engineering, TMME , to help market vehicles in the continent. Two years later, Toyota set up a base in the United Kingdom, TMUK , as the company's cars had become very popular among British drivers. Bases in Indiana , Virginia , and Tianjin were also set up. Toyota also increased its ownership of Daihatsu during this period. In 1995, Toyota increased its shareholding in

7980-466: The trip, along with what the company learned making looms, gave rise to The Toyota Way (a management philosophy) and the Toyota Production System (a lean manufacturing practice) that transformed the company into a leader in the manufacturing industry. Toyota started developing its first full-fledged passenger car, the Toyopet Crown , in 1952. Prior to the Crown, Toyota had been outsourcing

8075-410: The world moves and contributes to greater well-being. As a Fortune Global 500s company, DENSO has a broad product portfolio and widespread global impact. DENSO Wave is a subsidiary that produces automatic identification products ( barcode readers and related products), industrial robots , and programmable logic controllers . They are noted for creating the two-dimensional QR code , are a member of

8170-714: The year 2005. Also in 2005, Fujio Cho would shift to become chairman of Toyota and would be replaced as president by Katsuaki Watanabe . In 2007, Toyota released an update of its full-sized truck, the Tundra, produced in two American factories, one in Texas and one in Indiana. Motor Trend named the 2007 Toyota Camry "Car of the Year" for 2007. It also began the construction of two new factories, one in Woodstock, Ontario, Canada, and

8265-416: The years after, consumers started demanding high-quality and fuel-efficient small cars. Domestic automakers, in the midst of their malaise era , struggled to build these cars profitably, but foreign automakers like Toyota were well positioned. This, along with growing anti-Japanese sentiment , prompted the U.S. Congress to consider import restrictions to protect the domestic auto industry. The 1960s also saw

8360-458: Was bombed by the Allied forces . After the surrender, the U.S.-led occupying forces banned passenger car production in Japan. However, automakers like Toyota were allowed to begin building trucks for civilian use, in an effort to rebuild the nation's infrastructure. The U.S. military also contracted with Toyota to repair its vehicles. By 1947, there was an emerging global Cold War between

8455-463: Was completed in May. In July, the company filled its first export order, with four G1 trucks exported to northeastern China. On September 19, 1936, the Japanese imperial government officially designated Toyota Automatic Loom Works as an automotive manufacturer. Vehicles were originally sold under the name "Toyoda" (トヨダ), from the family name of the company's founder, Kiichirō Toyoda . In September 1936,

8550-661: Was developed from a scrapped John Bridge Adams light-rail vehicle. These were solid fired steam carriages. This event and the details of the vehicles are recorded in the contemporary press, The Engineer , and in Fletcher's books. The Wisconsin legislature passed an act in 1875 offering a substantial purse for the first US motor race, which was run on July 16, 1878, over a 200-mile course from Green Bay to Appleton, Oshkosh, Waupon, Watertown, Fort Atkinson and Janesville, then turning north and ending in Madison. Only two actually competed:

8645-639: Was founded in Hawthorne, California , in March 1971. The company was staffed with only 12 associates, four of them being Americans. The objective of DENSO Sales California was to promote their air conditioner systems as options in Japanese-made vehicles. In May 1975, DENSO Corporation opened a sales division, Denso Sales, in Southfield, Michigan . In September 1975, DENSO International America opened

8740-432: Was praised for being a leader in the development and sales of more fuel-efficient hybrid electric vehicles , starting with the introduction of the original Toyota Prius in 1997. The company now sells more than 40 hybrid vehicle models around the world. More recently, the company has also been criticized for being slow to adopt all-electric vehicles , instead focusing on the development of hydrogen fuel cell vehicles , like

8835-537: Was redesigned specifically for the American market with a more powerful engine. The Corona helped increase U.S. sales of Toyota vehicles to more than 20,000 units in 1966 (a threefold increase) and helped the company become the third-best-selling import brand in the United States by 1967. Toyota's first manufacturing investment in the United States came in 1972 when the company struck a deal with Atlas Fabricators, to produce truck beds in Long Beach, in an effort to avoid

8930-483: Was the first purpose-built motor racing track in the world. After which, permanent autodromes popularly replaced circuits on public roads. In North America, the term road racing is used to describe racing and courses that have origins in racing on public highways; distinguished from oval racing , which has origins at purpose-built speedways using concrete or wooden boards . Off-road racing can take place on open terrain with no set path, or on circuits that do not have

9025-645: Was the first to involve what would become known as automobiles. On 28 November 1895, the Chicago Times-Herald race , running from Chicago to Evanston and back, a distance of sixty miles, was held. This is believed to be the first motorsport event in the United States of America. In 1900, the Gordon Bennett Cup was established. Motorsport was a demonstration event at the 1900 Summer Olympics . Following World War I , European countries organised Grand Prix races over closed courses. In

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