- Early history
Toyoda was born in Japan on June 11, 1894. His father Sakichi Toyoda was an inventor of textile machinery, including an automatic loom, and founded Toyoda Loom Works. (People called him Japans Thomas Edison.) By the late 1920s, Kiichiro Toyoda, who worked for his fathers company, had begun plans to develop an automobile. (Sakichi Toyoda died on October 30, 1930, at the age of 63.) In 1933, Kiichiro Toyoda established an auto division within Toyoda Loom Works, which released a prototype vehicle two years later. In 1937, Toyota Motor Corporation was formed as a spinoff of Toyoda Loom Works. (Toyota was reportedly considered a luckier name than Toyoda and is easier to write in Japanese characters).
The new car company initially looked to the U.S. auto industry for inspiration. According to The New York Times: Over the years of its rise to the top, Toyota has made no secret of how much it has learned from Detroit. Its first car, the AA, was a blatant copy of (or an homage to) a Chevrolet sedan. Its executives scoured every corner of the Ford Motor Company in the 1950s, taking home ideas to Japan that later inspired the Toyota Production System.
Kiichiro Toyoda died in 1952, but his company continued to grow. In 1966, Toyota introduced its compact Corolla model, which in 1997 became the worlds best-selling car, with more than 35 million sold at the time. The oil crisis of the 1970s made Toyotas small, fuel-efficient vehicles increasingly attractive in America. In the 1980s, the automaker launched the popular Camry compact car and 4Runner sport utility vehicle. Toyotas luxury car line, Lexus, debuted in the U.S. in 1989. The automaker introduced the planets first mass-produced hybrid vehicle, the Prius, in 1997 in Japan and worldwide in 2001. By the end of the 1990s, Toyota had produced over 100 million vehicles in Japan.
In 2008, Toyota reached another milestone when it sold more cars and trucks than General Motors8.97 million vehicles versus 8.35 million vehiclesand claimed the sales crown that the American auto giant had held for more than 70 years. However, Toyota, like the rest of the auto industry, was hurt by the global financial crisis and in May 2009 reported the companys first-ever annual loss.
Kiichiro Toyoda (豊田 喜一郎 (とよだ きいちろう), Toyoda Kiichirō, June 11, 1894 – March 27, 1952) was a Japanese businessman and the son of Toyoda Loom Works founder Sakichi Toyoda. His decision to change Toyoda's focus from automatic loom manufacture into automobile manufacturing created what would become Toyota Motor ...
Jul 20, 2018 · Toyota Motor Corporation Founder Kiichiro Toyoda Inducted into Automotive Hall of Fame News Release Region U.S. Detroit, July 20, 2018―Cited for his extraordinary vision and entrepreneurial spirit, Toyota Motor Corporation founder and former president Kiichiro Toyoda was inducted into the Automotive Hall of Fame last evening in Detroit.
Feb 10, 2020 · Glimpse to Founder Life Early life. He was born on 11 June 1894 in Japan at Aichi Prefecture. His father Sakichi was a well-known businessman. As well, Toyoda Automatic Loom Works’ founder. After his father’s death, Kiichiro’s brother became head of the Loom works business.
Jun 11, 2020 · Roy Lando Kiichiro Toyoda: Founder of Toyota Motors On this day, June 11 in the year 1894, the founder of Toyota Motors Corporation was born in Japan. His name is Kiichiro Toyoda, the son of Sakichi Toyoda who is considered the king of Japanese inventors.
Toyota founder Kiichiro Toyoda Replica of the Toyota Model AA, the first production model of Toyota in 1936 The history of Toyota started in 1933 with the company being a division of Toyoda Automatic Loom Works devoted to the production of cars under the direction of the founder's son, Kiichiro Toyoda.
Sep 18, 2014 · Kiichiro Toyoda Founder of Toyota Motor Corporation Biography of Kiichiro Toyoda. Early Life. Kiichiro Toyoda founder of Toyota Motors was born on 11 th June, 1894 in Aichi Prefecture, Japan. He was the son of Sakichi Toyoda. His father was a famous entrepreneur and an inventor.
Mar 27, 2021 · On March 27, 1952, Kiichiro Toyoda died. He was the man responsible for transforming his father’s textile machinery business into what grew to become the world’s largest automaker: Toyota.
TPS has evolved through many years of trial and error to improve efficiency based on the Just-in-Time concept developed by Kiichiro Toyoda, the founder (and second president) of Toyota Motor Corporation. Waste can manifest as excess inventory, extraneous processing steps, and defective products, among other instances.
May 08, 2021 · Introduction In 1937, Kiichiro Toyoda founded the Toyota Motor Corporation, headquartered in Aichi Prefecture, Japan. The company, now headed by Akio Toyoda, the President and Representative Director, has a capital of around $179,399 million. About Toyota Motors Toyota is well-known as the most leading Japanese automobile company.
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