Toyota Motor Corporation’s Post

Did you know that the highly successful Japanese car brand Toyota actually started as a loom manufacturing company? That's right, Toyota's origin story doesn't start with engines and tires, but with threads and textiles! In the early 20th century, Sakichi Toyoda founded Toyoda Automatic Loom Works, revolutionizing the weaving industry with his inventions. It was only after his son, Kiichiro Toyoda, ventured into automotive manufacturing, that Toyota Motor Corporation came into existence in the 1930s. From the clatter of looms to the roar of car engines, Toyota illustrated the power of pivoting and adapting to new markets. The transition wasn't just a leap but a calculated shift leveraging the mechanical expertise gained from loom making to automotive manufacture. This pivot eventually led Toyota to become one of the leading car manufacturers globally. The less-known part of this story is the strategic vision that powered the shift. Toyoda's loom business was capable of automatically stopping the loom if a thread broke, ensuring quality and efficiency. This principle of automation and attention to quality became a cornerstone of Toyota's automotive philosophy, famously known as the "Toyota Production System." So what's the takeaway from this nostalgic trip down the industrial memory lane? Innovation often requires us to look beyond our current market and apply our skills to a new, uncharted territory. #Toyota #Pivot #Innovation #BusinessGrowth #CareerTransition #BusinessHistory #adaptability

Did you know that Toyota, the world’s leading automaker, wasn't initially centred around producing vehicles, but looms instead? In the late 1920s, Kiichiro Toyoda, son of Sakichi Toyoda (a notable inventor of automated looms), embarked on a journey to transition their family business, Toyota Industries, from being a successful automated loom manufacturing company towards becoming an automobile manufacturer. After numerous failed attempts and being on the brink of bankruptcy, Kiichiro finally achieved success in 1937, giving birth to Toyota Motor Corporation. However, the trials didn't stop there. Post World War II, to save their struggling company, Kiichiro developed the Toyota Production System (TPS), pioneered by principles of "Just-In-Time" and "Jidoka". These principles aimed to improve efficiency by producing only what's needed, when it's needed, and in the amount needed. This systematic approach to lean manufacturing led to a dramatic turnaround in the company's fortunes. The iconic car brand was initially meant to be spelled as "Toyoda". Yet it was altered to "Toyota" as it took eight brush strokes (a lucky number in Japanese culture) to write in Japanese, compared to ten for "Toyoda". Toyota stands as a testament that success often comes to those who are unafraid to embrace change, solidifying Kiichiro Toyoda's legacy in the annals of business history. #BusinessHistory #Trivia #Toyota #LeanManufacturing #Efficiency #Adaptability #Resilience #Innovation

🌟 A Journey of Dedication and Progress 🌟 #Toyota Motor Corporation is a name synonymous with quality and innovation in the automotive world. Established by Kiichiro Toyoda in 1937, in Toyota City, Aichi, Japan, Toyota has steadfastly evolved from its humble beginnings as a spinoff of Toyota Industries, to becoming one of the world's largest #automobile manufacturers, producing approximately 10 million vehicles annually. From developing its inaugural product, the Type A engine in 1934, and the Toyota AA in 1936, Toyota demonstrated an unwavering #commitment to progress. Post World War II, the company judiciously leveraged the opportunity to learn from American automakers, which led to the creation of 'The Toyota Way' and the 'Toyota Production System', revolutionary principles that have since become subjects of numerous academic studies. The 1960s marked a pivotal era for Toyota, with the development of the Toyota Corolla, which eventually became the world’s all-time #bestselling automobile. This achievement, along with strategic international expansion, propelled Toyota to its status as the largest company in Japan and the ninth-largest company in the world by revenue, as of December 2020. In 1997, Toyota once again demonstrated its commitment to innovation and sustainability by introducing the Toyota Prius, a pioneering #hybrid electric vehicle. Today, the company offers over 40 hybrid vehicle models worldwide, despite facing criticism for its measured approach to adopting all-electric vehicles. As of 2022, Toyota produces vehicles under four main #brands: Daihatsu, Hino, Lexus, and Toyota, and holds substantial stakes in several other companies and joint ventures globally. Listed on the London Stock Exchange, Nagoya Stock Exchange, New York Stock Exchange, and the Tokyo Stock Exchange, Toyota continues to be a vital component of the Nikkei 225, TOPIX Core30 indices, and last but not least the Alldis & Partner ETI. Due to the current #solid (short and medium term) momentum, we increased the investment position in Toyota shares this week. .…………………………………………………………. When the going gets tough, #TheToughGetGoing: Investments of the Alldis & Partner ETI 😎👍   Note the information provided is not intended as an offer or solicitation for the purchase or sale of any financial instruments but for investor relations purposes only.

I haven't posted in a while so I felt like sharing something fun with all the automotive enthusiasts in my network: On a day like this in 1966, the Toyota Corolla was first introduced to the market! If there is something all of us in the industry have in common, it's that it doesn't matter what automaker we work for, we all have a lot of respect for Toyota. Toyota’s display at the 1966 Tokyo Motor Show featured the Corolla 1100 Deluxe, attracting the attention of more than 1.5 million visitors. The press release issued by Toyota positioned the Corolla as the “most accessible car” in the market, designed to bring together the best of Toyota’s technologies for the public. The Corolla was described as a five-passenger vehicle from Japan, built to become a main fixture in Japanese society. The introduction of the Corolla to the United States in 1968 marked the beginning of its global presence. Since then, production of the Toyota Corolla has taken place in 13 countries and sold in more than 150 countries worldwide. With annual sales of more than 1.3 million units, the Corolla has achieved a remarkable milestone, with more than 50 million units sold globally to date. This achievement positioned the Toyota Corolla as the best-selling car of all time, surpassing even the iconic Volkswagen Beetle in 1997. For reference, the VW Beetle changed little over its production and sold 21,529,464 units between 1938 and 2003. The Toyota Corolla has consistently evolved throughout its life, keeping up with safety, style and technology norms. I remember my first car dearly, it was a purple 1998 Corolla that was my reliable commuter during high school and a great part of my early college years. Do any of you have fond memories driving a Corolla? Let me know in the comments! Source(s): automotivehistory.org

Toyota Motor Corporation's recent achievement of producing 300 million vehicles marks a significant milestone in the automotive industry. The company's 88-year journey from its origins as Toyoda Automatic Loom Works, Ltd. to its current position as a global automaker exemplifies Toyota's enduring commitment to quality and innovation. With the majority of vehicles manufactured in Japan and a substantial global production presence, Toyota's legacy extends worldwide. The iconic Corolla, with over 53 million units produced, stands as a testament to Toyota's dedication to excellence and global influence, solidifying its position as a leading force in the automotive sector. #BroadcastRepublic #Toyota #Automotive #GlobalAutomaker #ToyotaLegacy #DrivingTheFuture 🌐 Read More: Broadcastrepublic.com

Toyota Technical Center Shimoyama: A New Frontier in Automotive Innovation Unveiled It is a momentous occasion as the Toyota Technical Center Shimoyama research and development facility celebrated its official unveiling ceremony, marking the commencement of full-scale operations. Situated in Aichi Prefecture, the state-of-the-art facility stands as a testament to collaboration between Toyota City and Okazaki City. Its inception dates back to 2019 when construction of the country road commenced, followed by the completion of the test course in 2021. Now, in 2024, the facility emerges as a pivotal hub for the development of Lexus and GR models, solidifying its role as a cornerstone in Toyota’s pursuit of automotive excellence. At the […] - https://lnkd.in/dRaYcKtZ #automotive #evs #ev #electricmobility #emobility #ebikes #fleets #evfleet #evnews #autonews #electricvehicles #electricvehicle #automotiveindustry #automotivejobs #cleantech #cleanenergy #hydrogen #lithium #evbattery #sustainability #climatechange #asia #collaboration #japan #toyota

“Cheaper Toyota Hilux confirmed – Everything we know” 15 MAY 2023 - ALBERT DU TOIT “In a recent media briefing on its realigned product strategy, Toyota South Africa (TSAM) confirmed that in the next two to three years, it plans to offer a “more affordable” bakkie in the local market.” “When pressured about the prospects of a Toyota-branded compact bakkie during a Q&A session, Senior Vice President of Sales and Marketing at TSAM, Leon Theron, said: “Hopefully, we should have something in the next couple of years which is not a half-tonne, but will take the market by storm.”” “He said the vehicle is going to provide the “same sort of space” as a Hilux but that it won’t be nearly as expensive.” “This rules out the possibility of it being a direct competitor to the Nissan NP200 – the only small bakkie currently on the market.” “The new, more affordable Hilux will be unveiled towards the end of 2025/beginning of 2026, and there’s a possibility that it will also be built at TSAM’s production plant in Durban, however, this is still under deliberation with Toyota headquarters.” “A lot of potential” “With bakkie prices rising rapidly over the past decade, Toyota is targeting a relatively untapped segment with the upcoming wallet-friendly Hilux.” “The affordable end of the market is limited when it comes to these vehicles, especially double cabs.” “Currently, the only real players taking part in this category are GWM with the P-Series and Steed, and Mahindra with the Pik Up – none of which have the name recognition and extensive dealer network that comes with the Toyota badge.” “Moreover, the cheapest bakkie on sale, the NP200, can’t match the loading capabilities and space that a Hilux-sized vehicle does. Rumour also has it that Nissan will cease production of the NP200 by the end of this year, leaving a huge gap in the market for cheap bakkies.” “If none of the other established bakkie builders such as Ford, Isuzu, or VW make a move to capitalise on this end of the market, the new, more affordable Toyota will likely be enjoying rather healthy sales among the existing competitors.” https://lnkd.in/eXuXxaXS Source- original post Read all my posts #MariusPreston #automotiveindustry #carindustry #automotivemanufacturing #bakkie #ldv #lightdeliveryvehicle #doublecabs #pickuptruck #pickups

This is a BIG THING! Tough sledding for BYD in Europe. Not exactly sure of their product mix but we all know BEV demand is slowing for obvious reasons. It's very interesting to see MG Motors (SAIC Motor) success and the plethora of product introductions from worthy competitors. 奇瑞汽车 Chery Automobile Co.,Ltd. and other Chinese OEMs are showing signs of an aggressive approach in Europe, along with many of the legacy OEMs. Tesla (now a legacy?), Volkswagen Group, GEELY and others are all looking to Europe with it's larger appetite for EVs (hybrid, BEV). #automotive #automotiveindustry #marketing #digitalmarketing #sales #leadership #management #innovation #ecommerce #branding #ai #brand #ev #electricvehicles

Toyota Motor Corporation is a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi Prefecture, Japan. Founded on August 28, 1937, by Kiichiro Toyoda, the company has grown to become one of the largest and most renowned automobile manufacturers in the world. **Early History:** Toyota's history traces back to the textile machinery business of Kiichiro Toyoda's father, Sakichi Toyoda. Sakichi Toyoda is often credited with inventing the automatic loom, a significant innovation in the textile industry. His focus on automation and precision influenced Kiichiro Toyoda's interest in applying similar principles to the automobile industry. In 1933, Kiichiro Toyoda established an automotive division within his father's company, Toyoda Automatic Loom Works, with the intention of creating automobiles. The company's first prototype car, the Model A1, was developed in 1935. Afterward, Kiichiro Toyoda decided to separate the automobile division from the automatic loom business, leading to the establishment of Toyota Motor Corporation in 1937. **Key Developments:** - **1940s-1950s:** During and after World War II, Toyota faced challenges due to Japan's economic situation and post-war reconstruction. The company persevered by producing compact vehicles like the "Toyopet Crown," which marked Toyota's entry into the international market. - **1960s-1970s:** Toyota gained a reputation for producing reliable and fuel-efficient vehicles, contributing to its expansion in global markets, particularly in the United States. The launch of the Toyota Corolla in 1966 marked a significant turning point, becoming one of the best-selling cars globally. - **1980s-1990s:** Toyota continued to prioritize quality and innovation, introducing technologies like the "lean manufacturing" approach, which aimed to minimize waste and maximize efficiency. The Lexus brand was introduced in the late 1980s, showcasing Toyota's ability to compete in the luxury car market. - **2000s-Present:** Toyota faced challenges such as recalls and increased competition, but it remained committed to innovation. The Toyota Prius, introduced in the early 2000s, played a crucial role in popularizing hybrid technology. Toyota also explored hydrogen fuel cell technology with the Toyota Mirai. **Corporate Philosophy and Practices:** Toyota is renowned for its management philosophy, often summarized as the "Toyota Way." This approach emphasizes continuous improvement, respect for people, and long-term thinking. The Toyota Production System (TPS), also known as lean manufacturing, is a central component of the company's success, focusing on efficiency, quality, and reducing waste. **Global Reach:** Toyota's global presence includes manufacturing plants, research and development centers, and sales networks in various countries. The company produces a wide range of vehicles, from compact cars to trucks and SUVs, under different brand names, including Toyota, Lexus, and Daihatsu.

Human centered manufacturing allows us to look at manufacturing through a different lens. If we get it right, manufacturing will enhance people's lives and help build a more advanced, sustainable society. ☘ We aren't simply producing parts or providing a service we have the potential to be a catalyst for positive change. It's interesting to read about and see the different methods employed by the manufacturing community to bring human centered manufacturing to life. Using monozukuri (literally, "the art of making things") workshops Toyota look to be doing just that as they work to transform the future of automotive manufacturing. Nice read. Thanks team Toyota Motor Europe. Made me think of you Jake Larsson and your love of human centered approaches. 💛 #manufacturing #humancentreddesign #innovation #businessagility #strategy