Any vehicle enthusiast would be enthralled by the many car brands and models and would have a never-ending list of questions. The vehicle industry and manufacturers include a wealth of fascinating facts and trivia. In 2021, Toyota recorded global revenue of $27.2 trillion yen, or $245 billion dollars.
Automobile sales account for roughly 90% of Toyota’s revenue. The financial services sector, as well as other commercial operations, contribute a lesser share of the company’s revenue. What companies does Toyota own? Have you ever considered the question?
Companies owned by Toyota:
A table has been given below that shows the details of companies owned by Toyota.
|Hino Motors||Auto Industry|
Famous Auto Industry Toyota produces automobiles under these five big brands: Hino, Daihatsu, Lexus, Ranz, and Toyota.
Top 4 Companies owned by Toyota :
1. Hino Motors
You’ve probably never heard of this company, but you’ve probably seen their trucks, heard their motors, and possibly even rode on one of their buses. Hino Motors manufactures operational vehicles such as trucks and diesel engines to assist truck drivers and other enterprises in moving goods. These medium-duty vehicles are built to last and perform anything you need them to do, whether it’s towing, recovery, or delivery. In addition to trucks, Hino makes passenger buses in a number of nations. Several of this Toyota subsidiary’s truck models have hybrid technology.
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Ranz is a Toyota company and the main focus of Ranz is on the growth of electric vehicles. It was founded in 2013. This subsidiary debuted at the 2013 Shanghai Auto Show and has since played a key role in launching an electric version of the Toyota Corolla to the Chinese market.
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Lexus is the best in the business when it comes to luxury. Lexus is a Toyota division that represents the company’s higher-end products. Beginning in the 1980s with Flagship 1 (F1). Lexus has since become synonymous with some of the most elegant and well-engineered vehicles on the road.
Daihatsu has been in business as an independent automaker since 1951. In 2016, it was totally integrated as a Toyota subsidiary. Daihatsu produced a wide range of tiny automobiles and motorcycles for European and Asian markets. The firm had produced two million vehicles by 1969.
Toyota is listed on the Tokyo, Osaka, Nagoya, Fukuoka, and Sapporo stock markets with the ticker symbol TYO: 7203. Toyota’s stock is included in the Nikkei 225 and TOPIX Core30 indices in Japan.
Toyota is also listed on the Stock Exchange of NewYork (NYSE: TM) and also the London Stock Exchange (LSE: TYT) as an international company.
Toyota has been listed on the Tokyo Stock Exchange since 1949, and on the international stock exchange since 1999.
What companies does Toyota own?
Lexus and Toyota are owned by Toyota. Subaru and Suzuki are two of the businesses in which it has a stake. Audi, Bentley, Bugatti, Lamborghini, Porsche, and Volkswagen is owned by Volkswagen AG.
Toyota is a brand of which corporation?
Toyota Motor Corporation, or Toyota Jidosha KK in Japan, is the figure organization of the Toyota Group. For the primary time in 2008, it passed General Motors became the world’s biggest automaker.
Is Toyota the owner of Kia?
No. Hyundai owns a minority stake in Kia Corporation.
Lexus comes under Toyota too?
Although Toyota owns the Lexus brand, Toyota’s headquarters are in Toyota City, Japan, and Lexus operations are in Nagoya, Japan.