Related topics: electric vehicles

Reverence for robots: Japanese workers treasure automation

Thousands upon thousands of cans are filled with beer, capped and washed, wrapped into six-packs, and boxed at dizzying speeds—1,500 a minute, to be exact—on humming conveyor belts that zip and wind in a sprawling factory ...

Project aims to prevent smartphone-related traffic accidents

Toyota Motor, Komeda Co., and KDDI Corporation will begin an initiative on September 20, 2016 by utilizing a smartphone application called Driving Barista. The application is aimed at reducing the number of traffic accidents ...

Toyota invests $1 billion in artificial intelligence in US

Toyota is investing $1 billion in a research company it's setting up in Silicon Valley to develop artificial intelligence and robotics, underlining the Japanese automaker's determination to lead in futuristic cars that drive ...

Talking Japanese space robot back on Earth

A pint-sized Japanese robot that became the first android to converse with an astronaut in space has returned to Earth after 18 months in orbit, project organisers said Thursday.

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Toyota

Toyota Motor Corporation (Japanese: トヨタ自動車株式会社, Toyota Jidōsha Kabushiki-gaisha?) (TYO: 7203) is a multinational corporation headquartered in Japan, and is currently the world's largest automaker. Toyota employs approximately 316,000 people worldwide.

In 1934, while still a department of Toyota Industries, it created its first product Type A engine and in 1936 its first passenger car the Toyota AA. The company was eventually founded by Kiichiro Toyoda in 1937 as a spinoff from his father's company Toyota Industries to create automobiles. Toyota also owns and operates Lexus and Scion brands and has a majority shareholding stake in Daihatsu and Hino Motors, and minority shareholdings in Fuji Heavy Industries, Isuzu Motors, and Yamaha Motors. The company includes 522 subsidiaries.

Toyota is headquartered in Toyota City and Nagoya (both in Aichi), and in Tokyo. In addition to manufacturing automobiles, Toyota provides financial services through its division Toyota Financial Services and also builds robots. Toyota Industries and Finance divisions form the bulk of the Toyota Group, one of the largest conglomerates in the world.

On May 8, 2009, Toyota reported a record annual net loss of US$4.4 billion, making it the latest automobile maker to be severely affected by the 2007-2009 financial crisis.

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