Tuesday, January 9, 2007

The Toyota Motor Corporation, or simply called Toyota is a Japanese multinational corporation and the world's second largest automaker that manufactures automobiles, trucks, buses and robots and the world's eighth largest company by revenue. Its headquarters are in Toyota, Aichi, Japan with factories and offices around the world.

The company was founded in 1933 by Kiichiro Toyoda. Since then, Toyota has become one of the most successful and profitable Japanese companies and one of the world's most industry leading automobile corporations as producing industry's first commercially available Advanced Parking Guidance System (automatic parking), eight-speed automatic transmission, real-time traffic guidance with dynamic rerouting, and four-zone climate control with infrared technology in its Lexus division models . It's also one of few automobile corporations that extensively produced and pushed car based on the hybrid fuel technology in the market such as in the hybrid Prius, Toyota and even in the luxury Lexus division cars. Toyota consistently ranks as building some of the most reliable automobiles in the world according to surveys and analysis.


According to current predictions, it is expected to become the world's largest automaker, overtaking General Motors, by producing and selling 9.8 million vehicles in 2008 along with increasing sales. [4] It is one of the Japanese "big three" challenging American automobile manufacturers that includes Nissan and Honda with high success.