80 years ago – Toyota, one of the most famous car brands in the world was born.
Founded by Kiichiro Toyoda in 1937 originally as a division of the Toyoda Automatic Loom Works – a textile company.
Why Toyota and Not Toyoda You Say?
The spelling was changed to Toyota because when it is written in Katakan it only has eight strokes when written, and eight is a sign of luck and good fortune in East Asia.
Kiichiro was heavily influenced by American cars and he travelled to the USA to get a better understanding and with the war with China felt that Japan needed to start making their own vehicles.
Toyota was the very first Japanese car manufacturer to compete in world motor sports events by entering the Australian Rally and they still compete today.
The cars that Toyota produce are very well made and apparently 80% of all their cars sold over the last 20 years are still on the roads today.
The company produces 100 different variant models worldwide and in 2013 produced over 10 million cars and was the first to sell a hydrogen fuel-cell car with the Mirai and now there are ten millions hybrids across the world.
It has been named as one of the ‘World’s Most Admired Companies’ by Fortune magazine in 2017 and also the Number One Motor Vehicle Company for the last three years.
Toyota is generous too by giving away $700 million in contributions and making better lives for people all over the globe and they have also created 365,000 jobs just in the USA alone!
Check out this little infographic supplied by OSV.