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Toyota Motor Philippines Corporation (TMP) is a subsidiary of Toyota, based in Santa Rosa, Laguna, Philippines, responsible for the assembly and distribution of Toyota vehicles in the Philippines since 1988. The company was established on August 3, 1988, as a joint venture between Toyota, Mitsui & Co and GT Capital. [1] [2] [3]
Operator Plant name Location Current main products [4] Start of operations Unit production [needs update]Employees [needs update]Toyota Motor Corporation: Honsha: Toyota, Aichi: Forged parts, hybrid system parts, fuel cell system parts, chassis parts
Despite being a part of the Toyota Group of companies, as of the year ending March 2016, sales to the Toyota Group accounted for less than 50% of total revenue (44% of revenue originated from other car manufacturers in Japan, Germany, the U.S. and China). [6] In 2023, DENSO was the second largest auto parts supplier in the world. [7]
In 1950, Toyota was split into Toyota Motor Co. and Toyota Motor Sales Co. (sales arm of Toyota); the two companies merged in 1982 to create one unified company, with then-Toyota Motor Co. President Eiji Toyoda becoming chairman. Chairmen listed prior to 1982 below were for the pre-merger Toyota Motor Co. only. [114] [115] Rizaburo Toyoda (1937 ...
Toyota Motor North America (TMNA) is the operating subsidiary that oversees all operations of the Toyota Motor Corporation in Canada, Mexico, and the United States. Its operations include research and development, manufacturing, sales, marketing, after sales and corporate functions, which are controlled by TMNA but sometimes executed by other subsidiaries and holding companies.
Toyota Auto Body owns an 88.52% of the venture. [59] Toyota Auto Body also has stakes in the joint ventures Toyota Auto Body-Tokai Extrusion and Resin Plating Technology, both producing auto parts. [48] As for China, Toyota Auto Body has a 65%-owned Chinese joint venture, Tab Minth Mobility Equipment, to "sell assistive components". [48]
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