Toyota Motor Corporation
"Toyota" redirects here.
Toyota Motor Corporation (in Japanese: トヨタ自動車株式会社; Toyota Jidōsha Kabushikigaisha; TYO: 7203.T , NYSE: TM, LSE: TYT) also abrreviated as TMC, is a multinational corporation that manufactures automobiles. The headquarters of Toyota is located in Toyota, Aichi. Toyota also provides Financial Servicesand participates in other lines of business. It manufactures vehicles under the brand names Toyota, Scion and Lexus. Toyota also owns majority stakes in Daihatsu and Hino, and 8.7% of Fuji Heavy Industries, which manufactures Subaru vehicles. The company's Toyota automobiles are well regarded for their longevity and reliability.
Toyota is Japan's biggest car company and the second largest in the world after General Motors. It produces an estimated eight million vehicles per year, about a million fewer than the number produced by GM. The company dominates its home market with about 40% of all new cars registered in 2004 being Toyotas. Toyota also has a large market share in both the United States and Europe. It has significant market shares in several fast-growing South East Asian countries.