s under the Lexus brand, including the LX, the GX, the RX, and the NX. It also manufactures the RX and RAV4 models in Canada. In North America, the fully remodeled RAV4 was introduced in 2012 and the fully remodeled Highlander was introduced in 2013. In 2014, the company introduced the new NX model under the Lexus brand, and in 2015, the company introduced the fully remodeled Hilux in Thailand. Minivans and Cabwagons The company offers basic models for the minivan market. Its minivans in Japan, the Alphard and the Vellfire, were remodeled in 2015. In addition, the Corolla Verso was remodeled in 2008 in Europe, and the Wish was remodeled in 2009, the Noah/Voxy was remodeled in 2014 and the new model Esquire was introduced in 2014 in Japan. The company’s other minivan models include, in Japan, the Estima, the Sienta and the Isis, and, in North America, the Sienna. Trucks and Buses The company’s product lineup includes trucks (including vans) up to a gross vehicle weight of 5 tons and micro-buses that are sold in Japan and in overseas markets. Trucks and buses are also manufactured and sold by Hino, a subsidiary of the company. Hino’s product lineup includes large trucks with a gross vehicle weight of approximately 11 tons, medium trucks with a gross vehicle weight of between 5 and 11 tons and small trucks with a gross vehicle weight of up to 5 tons. Hino’s bus lineup includes medium to large buses used primarily as tour buses and public buses, small buses and micro-buses. Distribution As of March 31, 2016, the company’s network consisted of 280 dealers operating approximately 4.7 thousand sales and service outlets. Sales of the company’s vehicles in Japan are conducted through four sales channels — ‘Toyota,’ ‘Toyopet,’ ‘Corolla’ and ‘Netz’. In addition, the company introduced the Lexus brand to the Japanese market in 2005, and distributes the Lexus brand vehicles through a network of 169 sales outlets. Financial Services The company’s financial services include loan programs and leasing programs for customers and dealers. In 2000, the company established a wholly-owned subsidiary, Toyota Financial Services Corporation (TFSC), to oversee the management of the company’s finance companies worldwide. The company operates financial services companies in 35 countries and regions, which support its automotive operations worldwide. Toyota Motor Credit Corporation is the company’s principal financial services subsidiary in the United States. It also provides financial services in 34 other countries and regions through various financial services subsidiaries, including Toyota Finance Corporation in Japan; Toyota Credit Canada Inc. in Canada; Toyota Finance Australia Ltd. in Australia; Toyota Kreditbank GmbH in Germany; Toyota Financial Services (UK) PLC in the United Kingdom; Toyota Leasing (Thailand) Co., Ltd. in Thailand; and Toyota Motor Finance (China) Co., Ltd. in China. Toyota Motor Credit Corporation provides a range of financial services, including retail financing, retail leasing, wholesale financing and insurance. Toyota Finance Corporation also provides a range of financial services, including retail financing, retail leasing and credit cards. The company’s other finance subsidiaries provide services, including retail financing, retail leasing and wholesale financing. In 2011, the company established Toyota Financial Services India Limited, a financial services company, in India. Toyota Financial Services India Limited expanded its business to major cities, such as Bengaluru, Delhi and Mumbai. In 2013, the company established a new leasing company, Toyota Motor Leasing (China) Co., Ltd., in China. In addition, in 2013, the company established Toyota Financial Services Kazakhstan MFO LLP, a financial services company, in Kazakhstan. Retail Financing The company’s finance subsidiaries acquire new and used vehicle installment contracts primarily from its dealers. Its finance subsidiaries acquire security interests in the vehicles financed and generally repossess vehicles if customers fail to meet their contractual obligations. In most cases, the company’s finance subsidiaries require the
toyota motor corp -spon adr
Toyota City, 471-8571
Phone: 81 565 28 2121
Fax: 81 565 23 5800www.toyota.co.jp
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