A Toyota history
February 10th, 2008Seventy years since its founding, Toyota Motor is almost at the pinnacle of the global auto industry, having overtaken Ford Motor and General Motors in vehicle sales.
The Japanese automaker now has 40 vehicle assembly plants around the world and 12 research, development and design centers. It employs 310,000 people.
Here is a chronology of key events and milestones in Toyotas history:
1933 - Automobile department established within textile loom maker Toyoda Automatic Loom Works, now known as Toyota Industries, founded by Sakichi Toyoda, an inventor.
1935 - First vehicle, the Model G1 truck, built. First Toyota dealership established.
1936 - Production starts of its first car, the Model AA.
1957 - Crown becomes first passenger car made in Japan to be exported to the United States.
1962 - First overseas vehicle plant, in Brazil.
1964 - First Asian vehicle plant outside Japan, in Thailand.
1972 - Cumulative production in Japan reaches 10 million vehicles.
1984 - Toyotas first U.S. car assembly plant, a joint venture with General Motors, opens in California.
1989 - Toyota starts luxury Lexus brand in North America.
1992 - First European car plant begins production in Britain.
1997 - Prius, the first mass-produced hybrid car, offered.
1998 - Toyota takes majority stake in minivehicle maker Daihatsu Motor.
1999 - 100 millionth Toyota vehicle produced in Japan.
2001 - Toyota takes majority stake in truck maker Hino Motors.
2003 - Toyota makes 6.78 million vehicles and overtakes Ford Motor in annual sales to become world No. 2 behind General Motors.
2005 - Toyota takes minority stake in Fuji Heavy Industries, maker of Subaru cars, for cooperation in vehicle technology development and use of its U.S. factory.
2006 - Toyota takes minority stake in truck maker Isuzu Motors to beef up diesel engine technology.
2006 - Toyotas group global sales of 8.808 million vehicles exceeds GMs by 128,000, making it the worlds biggest automaker, authoritative industry magazine Automotive News says (this figure excludes cars made by a Chinese joint venture in which GM holds a minority stake).

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