Toyota Motor Corporation is a Japanese automaker headquartered in Toyota, Aichi, Japan. In 2013 the multinational corporation consisted of 333,498 employees worldwide and, as of March 2013, is the thirteenth-largest company in the world by revenue.
Toyota was the second-largest passenger automobile manufacturer in 2012 (by production), the largest in overall production (including commercial vehicles) and in July of that year, the company reported the production of its 200-millionth vehicle.As of November 2013, it is also the largest listed company in Japan by market capitalization (worth more than twice as much as #2-ranked SoftBank)and by revenue.
The company was founded by Kiichiro Toyoda in 1937 as a spinoff from his father's company Toyota Industries to create automobiles. Three years earlier, in 1934, while still a department of Toyota Industries, it created its first product, the Type A engine, and, in 1936, its first passenger car, the Toyota AA. Toyota Motor
Corporation produces vehicles under 5 brands, including the Toyota brand, Hino, Lexus, Ranz, and Scion. It also holds a 51.2% stake in Daihatsu, a 16.66% stake in Fuji Heavy Industries, a 5.9% stake in Isuzu, and a 0.27% stake in Tesla, as well as joint-ventures with two in China—GAC Toyota and Sichuan FAW Toyota Motor, one
Indonesia—Toyota Kirloskar, on in the Czech Republic—TPCA, along with several "nonautomotive" companies.TMC is part of the Toyota Group, one of the largest conglomerates in the world.
During 2010, Toyota began production of the third-generation Sienna at its Indiana plant, however, in late January, Toyota briefly suspended sales of eight models while it developed a fix for a rare potential safety issue – sticking accelerator pedals.
Toyota Global Vision Toyota will lead the way to the future of mobility, enriching lives around the world with the safest and most responsible ways of moving people. Through our commitment to quality, constant innovation and respect for the planet, we aim to exceed expectations and be rewarded with a smile. We will meet our challenging goals by engaging the talent and passion of people, who believe there is always a better way.
Your Satisfaction Our Commitments Vision 1. Delight our customers through innovative products, by utilising advanced technologies and services. 2. Ensure growth to become a major player in the Indian auto industry and contribute to the Indian economy by involving all stakeholders. 3. Become the most admired and respected company in India by following the Toyota Way. 4. Be a core company in global Toyota operations. Mission 1. Practise ethics and transparency in all our business operations. 2. Touch the hearts of our customers by providing products and services of superior quality at a competitive price. 3. Cultivate a lean and flexible business model throughout the value chain by continuous improvement. 4. Lead the Toyota global operations for the emerging mass market. 5. Create a challenging workplace which promotes a sense of pride, ownership, mutual trust and teamwork. 6. Create an eco-friendly company in harmony with nature and society.
PRODUCTION Hormonizing with the Environment: Globally, Toyota has indicated a strong and diverse commitment to the pursuit of harmonious growth through its technically advanced and environment-friendly products. There have been relentless efforts in the crucial fields of mobility, city transportation, resources, society and environment, through research & development.
Protecting the environment has always been a priority at TKM, starting with the eco-friendly engines that are manufactured for the Toyota vehicles, to the advanced technology that is used for purification or recycling of waste water at the plant. Apart from this, the plant at Bidadi, Karnataka, is surrounded by a green belt, meets high environmental standards and has achieved the ISO 14001 certification in its very first year of operations.
Quality is ensured in every vehicle that rolls out of Toyota Kirloskar Motor, through in-built audits at every process of the system. The company's operational excellence is based on the improvement tools and methods developed by Toyota under the Toyota Production System (TPS), greatly emphasizing superlative quality and minimal waste.
In line with Toyota's growing comfort with its India operations, the company set up Toyota Kirloskar Auto Parts (TKAP), which commenced production of transmissions in May 2004, for its global requirements. Another initiative is the Toyota Techno Park India (TTPI), a non-profit industrial infrastructure company aimed at boosting local industries and related job opportunities.
Setting benchmarks for the automobile industry, the manufacturing facility consists of 4 divisions (shops) – Press, Weld, Paint and Assembly.