06/12/2024
10 lesser-known facts about :
1. Toyota Started as a Loom Company
Toyota was initially founded as “Toyoda Automatic Loom Works” in 1926, specializing in automated weaving machines. The car division was later established in 1937.
2. The Name Change
The company changed its name from “Toyoda” to “Toyota” because it is easier to write in Japanese katakana and is considered luckier in Japanese culture.
3. The World’s First Mass-Produced Hybrid Car
Toyota launched the Prius in 1997, becoming the world’s first mass-produced hybrid car. It remains one of the best-selling hybrids globally.
4. Kaizen Philosophy
Toyota employs the “Kaizen” philosophy, which emphasizes continuous improvement in every aspect of its business, from manufacturing to customer service.
5. Largest Automaker
Toyota became the world’s largest automaker in 2008, overtaking General Motors, and continues to compete for the top spot in global car sales.
6. Owns Lexus and Daihatsu
Toyota owns the luxury car brand Lexus and the smaller car-focused Daihatsu, catering to diverse market segments.
7. Holds Over 1,000 Patents on Hybrid Technology
Toyota holds more than 1,000 patents for hybrid vehicle technologies, showcasing its dominance in the eco-friendly car industry.
8. The Toyota Production System (TPS)
Toyota’s production system, often referred to as “lean manufacturing,” is a globally admired model focused on eliminating waste and improving efficiency.
9. First Japanese Car in the U.S. Market
The Toyota Crown was the first Japanese car introduced to the U.S. market in 1957, paving the way for Japanese automakers in the West.
10. Toyota Built a City
In 2020, Toyota announced “Woven City,” a futuristic smart city project in Japan designed to test autonomous vehicles, AI, and renewable energy.