Toyota Motor Corporation is a Japanese multinational automotive manufacturer which is mainly headquartered in Toyota, Aichi, Japan. Toyota is known as the 10th largest company by revenue in the entire world, today.
It was firstly established in 1937 and has made its name up until now. The Japanese company started as a small corporation and has now made its name worldwide. Toyota is known for its reliable and durable car manufacturing ability. That goes a long way and pays you off well for a long time after its high cost and worth.
It is best known and appreciated in America. As almost 80% of the vehicles, Toyota offers are manufactured and firstly sold in America. Nevertheless, whatever the car they are produced by Toyota. They pay special attention to providing all convenient, safety and comfort to their customers. As, we know the basics of Toyota, here well dig deep into further history and Toyota Net Worth.
History of Toyota:
In 1933, the company Toyota was a division of Toyota Automatic Loom Works. Which was completely devoted to producing cars under the direction of Kiichiro Toyoda, who was the founder’s son. Back then, Toyoda Automatic Loom Works was encouraged by the Japanese government to produce automobiles.
Here, due to the war with China, it needed domestic vehicle production. This way Toyoda produced its first Type A Engine. Which was mainly used in the first model of A1 passenger car and G1 truck. This is how the journey of Toyoda started.
How Toyoda became Toyota:
Later on, the company Toyoda; which was named after its founder’s name, was changed to Toyota. This was because everyone felt like Toyota was a better sounding name then Toyoda. But that wasn’t it, as another strong reason for changing the name. So that the term ‘Toyota’ could be written in Japanese with eight strokes of the pen.
Now, with the name, almost everything changed for Toyota. As in 1989, On October 2, the new mark and logo of Toyota were introduced. This new mark symbolizes the progressiveness and reliability of Toyota. And is attached as a must emblem on all of the cars manufactured by Toyota.
This newly designed logo of the brand consists of three overlapping ellipses that are mad on the cars. These ellipses of Toyota symbolize the unification of both the hearts of the customers and the Toyota Products. Furthermore, the background space which we can also see in the logo. Simply defines the technological advancements of the brand and all the boundless opportunities that are yet to come.
Net Worth of Toyota:
This world-famous Japanese automobile company has undoubtedly made its mark in history. By serving its clients with the best services and automobiles of great quality. Without any doubt, we can consider this company as one of the topmost cars brand choices of almost individuals today. With all this success and popularity going high with time, Toyota also has a huge net worth of $236 Billion.