What are the historical origins of Toyota?
1 Answers
Here is an introduction to the history of Toyota: 1. Founder: Toyota Motor Corporation, abbreviated as "Toyota" (TOYOTA), was founded by Kiichiro Toyoda. Born in Japan in 1895, Kiichiro Toyoda graduated from the Department of Mechanical Engineering at Tokyo Imperial University. At the end of 1929, Kiichiro Toyoda personally inspected the automobile industry in Europe and America. In 1933, an automobile division was established within the "Toyoda Automatic Loom Works." 2. The first car: Kiichiro Toyoda's classmate, Kazuo Kumabe, bought him a German DKW front-wheel-drive car from Germany. After two years of disassembly and research, they finally produced a GI-brand car in August 1935. The car featured a two-stroke, twin-cylinder engine with a wooden body and a leather-sewn roof. 3. Development history: In 1934, Kiichiro Toyoda decided to establish an automobile production plant. In 1937, "Toyota Motor Co., Ltd." was founded in Koromo Town, Aichi Prefecture, with an initial capital of 12 million yen and over 300 employees. From late 1936 to early 1937, Toyota's trucks suffered poor sales due to low quality. After Japan launched its war of aggression against China, the Army purchased trucks in large quantities, and all of Toyota's inventory was sold out, earning the company substantial profits. In April 1950, Toyota Motor Sales Co., Ltd. was established. In June 1950, the Korean War broke out, and with $4.6 billion in orders from the U.S. military, Toyota rapidly expanded. On March 27, 1952, Kiichiro Toyoda passed away due to a cerebral hemorrhage. In 1974, Toyota formed the Toyota Group with 16 companies, including Hino and Daihatsu, while also establishing a cooperative network with over 280 small and medium-sized enterprises. In July 1982, Toyota Motor Co., Ltd. and Toyota Motor Sales Co., Ltd. merged again and were officially renamed Toyota Motor Corporation.