Toyota Motor Corporation, a multinational corporation headquartered in Japan,
is the world's largest automaker in terms of sales volume. As of 2008,
Toyota employs approximately 316,000 people around the world in comparison to
second ranked automaker General Motors' 266,000 employees. Toyota ranks as
the World's fifth largest publicly traded company, ahead of ninth ranked
competitor General Motors, according to Fortune Magazine's Global 500.
In 1934, while still a department of Toyota Industries, it created its first
product Type A engine and in 1936 its first passenger car the Toyota AA.
The company was eventually founded by Kiichiro Toyoda in 1937 as a spinoff from
his father's company Toyota Industries to create automobiles. Toyota currently
owns and operates Lexus and Scion brands and has a majority shareholding stake
in Daihatsu Motors, and minority shareholdings in Fuji Heavy Industries
Isuzu Motors, and Yamaha Motors. The company includes 522 subsidiaries.
Toyota is headquartered in Aichi, Nagoya (both in Aichi) and in Tokyo.
In addition to manufacturing automobiles, Toyota provides financial services
through its division Toyota Financial Services and also creates robots.
Toyota Industries and Finance divisions form the bulk of the Toyota Group,
one of the largest conglomerates in the world...