Who Owns Toyota?
Toyota Motor Corporation, which was established in 1937, owns Toyota. It was originally named “Toyoda” after founder Sakichi Toyoda.
Written by Melanie Johnson
Reviewed by Jessica Barrett
Table of Contents
- Who owns Toyota?
- Where are Toyotas made?
- A short history of Toyota ownership
- How to save money on Toyota insurance
- FAQs
Load full table of contents
Established in 1937, Toyota Motor Corporation owns Toyota. The Corporation was merged with Toyota Motor Sales Company, Ltd in 1982.
Toyota is the world’s largest automaker and has manufacturing plants around the globe. Despite its notoriety, many may not know who owns Toyota and where its vehicles are made. Allow us to shed a little light on the subject. Toyota is owned by Toyota Motor Corporation, which originated in Japan, but many Toyota vehicles you see on the road today were made here in the U.S.!
Lucky for you, we're here to fill you in on the history of Toyota ownership. Stick around to see where your Toyota was likely made!
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Who owns Toyota?
Toyota Motor Corporation owns Toyota. It originated in 1937, and as of 2008, has become the world’s largest automobile manufacturer, surpassing General Motors.
While Toyota's operations originated in Japan, the corporation has expanded to meet the worldwide demand for its vehicles.
What other makes does Toyota Motor Corporation own?
How much of a stake?
- Subaru: 20.02%
- Suzuki: 4.94%
At 20%, Toyota doesn’t “own” Subaru, but it has a considerable say in the company’s future. According to
Auto News
, the corporations plan to incorporate Toyota’s hybrid drivetrains into many Subaru vehicles, as well as expand all-wheel drive technologies.In 2019, Toyota purchased its stake in Suzuki for around $910 million dollars. Suzuki also owns .2% of Toyota’s shares. The companies say they plan to overcome challenges in the automobile sector by “building and deepening cooperative relationships in new fields while continuing to be competitors.” Sounds like a beneficial partnership!
Where are Toyotas made?
As the world’s largest automobile manufacturer, Toyota has manufacturing plants all over the world. Interested in which of your favorite Toyota models are made in the U.S.?
Some popular Toyotas produced in North and South America and Canada include:
- Toyota Corolla: Toyota Motor Manufacturing Mississippi, Inc., Blue Springs, Mississippi
- Toyota Camry,Camry Hybrid,Toyota Avalon: Toyota Motor Manufacturing Kentucky, Inc., Georgetown, Kentucky
- Toyota Sequoia,Toyota Highlander,Toyota Sienna: Toyota Motor Manufacturing Indiana., Gibson County, Indiana
- Toyota Tacoma: Toyota Motor Manufacturing de Baja California, Baja California, Mexico
And here are a number of popular Toyota vehicles produced overseas:
- Toyota Prius: Toyota Tsutsumi Plant, Aichi Prefecture, Japan
- Toyota Yaris: Toyota Manufacturing France, Valenciennes, France
- Toyota 86: Subaru Gunma Assembly, Gunma Prefecture, Japan
- Toyota Mirai: Toyota Motomachi Plant, Aichi Prefecture, Japan
- Toyota Supra: Magna Steyr, Graz, Austria
- Toyota 4Runner: Toyota Tahara Plant, Aichi Prefecture, Japan
- Toyota C-HR: Toyota Motor Manufacturing Turkey, Sakarya, Turkey
Whew! That’s one big operation!
Key Takeaway Toyotas are produced literally all over the world, but many models sold in the U.S. are built here.
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A short history of Toyota ownership
Toyota Motor Corporation was established in 1937 in Aichi, Japan. Its global headquarters is still located there.
The corporation was founded in 1926 by Sakichi Toyoda as Toyoda Automatic Loom Works. Back then, it was a manufacturer of automatic loom machines. Toyoda’s son decided to expand the company’s operations to the auto industry with some encouragement from the Japanese government—which was pushing for domestic vehicle production due to the war with China.
Toyoda produced its first car, the Model AA sedan, in 1936, and the business was incorporated as the Toyota Motor Company, Ltd the following year. The name was changed because “Toyota” has a more pleasing sound in Japanese.
Toyota Motor Company continued to expand and came to the U.S. in 1957. The Corporation took its present name, Toyota Motor Corporation, in 1982 when it was merged with Toyota Motor Sales Company, Ltd.
Today, Toyota is the largest automaker in the world! It’s certainly come a long way since its loom manufacturing days; although, fun fact, Toyota is still in the loom business, though they’re now all computerized and electric.
MORE:
How to save money on Toyota insurance
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FAQs
Is Toyota an American brand?
No. Toyota was established in Japan in 1937 and has remained a Japanese brand. However, many Toyotas made for the U.S. market are made right here in the U.S.!
Does Toyota own Subaru?
No. It owns a 20.02% stake in Subaru, which means it has a say over some of the company’s business decisions, but it does not own it.
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