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The Japanese Toyota Motor Corporation initially acquired 27.8% of the shares in TSAM in 1996, increased this share to 75% in 2002 and finally to 100% in 2009. [1] [3] [4] In 2006, Toyota SA surpassed BMW South Africa as the country's largest automobile exporter. [5] In 2014, Toyota had 8,500 employees in South Africa. [6]
Albert Wessels (1 October 1908 - 22 July 1991) was a South African industrialist and the founder of Toyota South Africa. Toyota South Africa can trace its roots back to 1961, when Wessels obtained a permit to import ten Toyopet Stout pickup trucks (popularly known as bakkies in South Africa) from Japan. Toyota products proved to be very popular ...
In 2004, South Africa was responsible for the manufacture of 84% of all vehicles produced in Africa, 7 million of which are on the South African roads. Also in 2004, the industry made a 6.7% contribution to the GDP of South Africa and 29% of all South African manufacturers made up the country's automotive industry. 2004 also saw 110,000 ...
The origins of Australian Motor Industries can be traced back to 1926 when J.F. Crosby decided to invest in Eclipse Motors Pty Ltd of Melbourne. [1] In 1929, the company secured the Victorian agency for Standard Motor Company 's cars, then changed the company name to Talbot and Standard Motors, and began a steady period of expansion with the ...
Toyota Australia commenced operations in 1959, when Toyota Land Cruisers were imported by Thiess Toyota, a 60/40 joint venture between Thiess and Toyota, for the Snowy Mountains Scheme. [ 2 ] [ 3 ] [ 4 ] By 1963, assembly of Toyota vehicles in Australia by Australian Motor Industries (AMI) had begun, taking place at the production plant in Port ...
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 ...
The following year, it was merged with Ford South Africa to create the South African Motor Corporation (Pty) Ltd., known as Samcor for short. [15] In 1988, Ford Canada divested its equity interest in Samcor and donated most of it to the Samcor Employees' Trust. [16] However, Samcor continued to build Ford as well as Mazda and Mitsubishi ...
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 ...