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Kyoho kai group – Auto parts company – 211 companies. Kyouei kai group – Logistic/facility company – 123 companies. KDDI (Toyota owns 11.09% of the company); Nagoya Broadcasting Network (Toyota owns 34.6% and is the largest single shareholder in the company; 36.9% of the stock are directly and indirectly (through TV Asahi Holdings Corporation) owned by Asahi Shimbun, making it the ...
Ichiro Suzuki (鈴木 一郎, Suzuki Ichirō, born February 14, 1937) is a Japanese automotive engineer who was responsible for the design and construction of the first Lexus LS. Born in 1937, he joined Toyota Motor Corporation shortly after graduating from Nagoya University with a degree in engineering. [ 1 ]
Consolidation of the automobile industry is an ongoing occurrence. Behind each automobile brand lies larger parent corporations.Auto mobile corporations, external corporations and private shareholders commonly own varying amounts of multiple auto mobile corporations, thus resulting analysis of relationships between auto mobile corporations becomes increasingly complicated.
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Toyota Kirloskar Motor Private Limited (TKM) is an Indian joint venture between Toyota Motor Corporation (89%) and Kirloskar Group (11%), for the manufacture and sales of Toyota cars in India. [ 3 ] [ 4 ] The headquarters are located in Bidadi , Karnataka , near Bengaluru .
Toyota Motor Co. was established as an independent and separate company in 1937. Although the founding family's name was written in the Kanji "豊田" (rendered as "Toyoda"), the company name was changed to a similar word in katakana - トヨタ (rendered as "Toyota") because the latter has 8 strokes which is regarded as a lucky number in East Asian culture. [3]
According to Toyota, it was first approached by Sanwa Bank, banker of Daihatsu. [8] In 1995, Toyota increased its shareholding in the company from 16.8% to 33.4% by acquiring shares from other shareholders: banks and insurance companies. [7] At the time, the company was producing mini-vehicles and some small cars under contract for Toyota. [7]
This was exemplified by the "CB-war" between the most popular compact sedans called the Toyota Corona and the Nissan Bluebird. While this initially led to benefits for consumers, before long R&D expenditures swelled and other companies offered competing compact sedans from Mazda, Subaru, Isuzu, Daihatsu and Mitsubishi.