Toyota Motor Corporation is a Japanese automaker headquartered in Toyota City, Aichi. Kiichiro Toyoda created the car division of his father's loom company, and it became a separate firm in 1937.
Toyota builds passenger cars, SUVs, pickups, vans and commercial vehicles. Models include the Corolla, Camry, RAV4 and Land Cruiser. It brought the Prius hybrid to the market in 1997 and also sells luxury cars under the Lexus name.
The company is known for the Toyota Production System, which many manufacturers have studied. It owns stakes in Daihatsu and Hino and is a major car seller by volume worldwide. Shares trade in Tokyo and New York. It was among the first major carmakers to sell hybrids at scale. The company has been slower than some competitors in moving fully to electric cars and has also invested in hydrogen fuel cell vehicles. It has plants across Asia, the Americas and Europe.