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1962
- Toyota's presence in the Philippines dates back to 1962 when Delta Motor Corporation, a company established by Ricardo C. Silverio Sr., acquired the rights to assemble and distribute Toyota vehicles for the Philippine market. Delta Motor Corporation collapsed during the Philippine economic downturn in the early 1980s.
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History. Toyota's presence in the Philippines dates back to 1962 when Delta Motor Corporation, a company established by Ricardo C. Silverio Sr., acquired the rights to assemble and distribute Toyota vehicles for the Philippine market.
- August 3, 1988; 35 years ago
- Japanese Beginnings
- 1988
- 1989
- 1990
- 1993
- 1998
- 2009
- 2014
In 1925, a man named Sakichi Toyoda invented the Toyoda Model G Automatic Loom. Five years later, the patent for the loom was sold to a British company, generating the money needed to fuel the automobile development. It began as a division of Toyoda Automatic looms and became a solo company in 1937. It was under the watchful eye of Sakichi’s son Ki...
On August 3, 1988, Toyota Motor Philippines (TMP) was incorporated. It is GT Capital Holdings, Inc., Toyota Motor Corporation and Mitsui & Co. Ltd. It is the joint venture between three prestigious companies: GT Capital Holdings, Inc., Toyota Motor Corporation and Mitsui & Co. Ltd.
A historical moment for the company and the country had happened: Toyota Motor Philippines was finally formally established in the Philippines. Along with its descent on the Pearl of The Orient, Toyota brought along with it the hope for numerous job opportunities for Filipinos and the removal of the need to purchase a Toyota vehicle abroad. On Febr...
The year 1990 was a big one for Toyota Motor Corporation. It opened two new dealerships in Quezon City and opened the first dealership outside of Metro Manila: Toyota Cebu. It was this year that Toyota Motor Philippines Foundation Inc. was established. This institution aims to serve the community with its educational, health, environmental and comm...
The Toyota Santa Rosa Industrial Complex opened and started operations. It currently manufactures Innova and Vios.
TMP was awarded an ISO14001 certificate for environmental management, becoming the first automotive manufacturer in the Philippines to do so.
It was another remarkable year for TMP as it finally launched the first Lexus dealership in the Philippines, marking another milestone in the automobile manufacturer’s string of successes in the Philippines.
Toyota reached a record breaking number of sales as it sold more than 106,000 vehicles in 2014 alone, showing a 41% increase of sales over 2013. This number proved to be a milestone since the company didn’t expect to reach it until 2018. Because of this, TMP gained entry into the prestigious group of Toyota Manufacturers worldwide to reach more tha...
Toyota Motor Philippines was established on August 3, 1988. It is a joint venture among Toyota Motor Corporation, Metropolitan Bank Trust Co. Ltd. and Mitsui & Co. Ltd. The majority partner is Metrobank, although a strong joint-venture spirit is what has guided the business over its three decades of operation.
Jul 23, 2018 · The Beginning. Toyota Motor Corporation was founded by Kiichiro Toyoda who was the son of Sakichi Toyoda. Kiichiro entered the automotive business, different from the textile business of his father. He observed during the Great Kanto Earthquake that automobiles saved lives, as railway networks were destroyed due to the impact of the earthquake.
Aug 27, 2023 · TOYOTA Motor Philippines Corporation (TMP) recently commemorated its 35 years of operations in the country, and what a fruitful 35 years it has been, as seen in some of the figures trotted out at this momentous event in its life: TMP has locally produced over 1.03 million units; investments of P73.7 billion were made since 2000 by the Toyota Gro...
Aug 16, 2022 · Here is the Top Gear Philippines guide to all things Toyota. Check out the history, performance, and products of the Japanese auto brand inside.
Who We Are. Toyota Motor Philippines Corporation (TMP) is the largest automotive company in the country, with the widest vehicle line-up of 24 Toyota models. It has over 70 dealers nationwide, including Lexus Manila, Inc., for its sales distribution and service centers. TMP was incorporated on August 3, 1988 as a joint venture of GT Capital ...
