Toyota Motor Corporation operates in the automotive industry. The company also conducts business in finance and other industries. It sold 8,681 thousand vehicles in 2016 on a consolidated basis. The company’s primary markets are Japan, North America, Europe and Asia. Segments The company’s business segments are Automotive operations, Financial services operations, and All other operations. Automotive Operations The company produces and sells passenger cars, minivans and commercial vehicles, such as trucks. Toyota Motor Corporation’s subsidiary, Daihatsu Motor Co., Ltd. (Daihatsu), produces and sells mini-vehicles and compact cars. Hino Motors, Ltd. (Hino), also a subsidiary of Toyota Motor Corporation, produces and sells commercial vehicles such as trucks and buses. The company also manufactures automotive parts, components and accessories for its own use and for sale to others. Related to the company’s automotive operations is its development of intelligent transport systems (ITS). Vehicle Models: The company’s vehicles are classified into three categories: hybrid vehicles, conventional engine vehicles, and fuel cell vehicles. The company’s product line-up includes subcompact and compact cars, mini-vehicles, mid-size, luxury, sports and specialty cars, recreational and sport-utility vehicles, pickup trucks, minivans, trucks and buses. Hybrid Vehicles: Toyota’s Prius runs on a combination of a gasoline engine and motor. Fuel Cell Vehicles: The company sells fuel cell vehicles in Japan and the United States. Conventional Engine Vehicles Subcompact and Compact: The company’s subcompact and compact cars include the four-door Corolla sedan. The Yaris, marketed as the Vitz in Japan, is a subcompact car. In India, Asia, China and other markets, the company introduced the Etios and Vios. In addition, the company introduced the AGYA, which is designed and manufactured by Daihatsu. Mini-Vehicles: Daihatsu manufactures mini-vehicles, passenger vehicles, commercial vehicles and auto parts. Mini-vehicles are passenger cars, vans or trucks with engine displacements of 660 cubic centimeters or less. Daihatsu sold approximately 530 thousand mini-vehicles and 177 thousand automobiles on a consolidated basis during 2016. Mid-Size: The company’s mid-size models include the Camry. Camry sales in the United States for 2014 included approximately 429 thousand units (including Camry hybrids). In addition, the company’s other mid-size models include the REIZ for the Chinese market, the Avensis, which was remodeled in 2008 for the European market, and the Mark X, which was remodeled in 2009 for the Japanese market. Luxury and Large: In North America, Europe, Japan and other regions, the company’s luxury lineup consists primarily of vehicles sold under the Lexus brand name. Lexus passenger car models include the LS, the GS, the ES, the IS, the HS, the CT and the RC. Lexus models also include the LX, the GX, the RX and the NX sold as luxury sport-utility vehicles. The company commenced sales of its luxury automobiles in Japan under the Lexus brand in 2005. As of March 31, 2016, the Lexus brand lineup in Japan includes the LS, the GS, the HS, the IS, the CT, the LX, the RX, the NX and the RC. The Toyota brand’s full-size luxury car, the Avalon, was remodeled in 2012, and the Crown was remodeled in 2012. The company also sells the Century limousine in Japan. Sports and Specialty: In the United States, the company sells the Scion tC, a sports model targeted at young drivers. In 2010, the company introduced the LFA model under the Lexus brand as the high-performance sports model, and in 2012, the company introduced the 86 (called Scion FR-S in the U.S.), a compact sports car with a front-mounted engine and rear-wheel drive. Recreational and Sport-Utility Vehicles and Pickup Trucks: The company sells various sport-utility vehicles and pickup trucks. Its sport-utility vehicles available in North America include the Sequoia, the 4Runner, the RAV4, the Highlander, the FJ Cruiser and the Land Cruiser, and pickup trucks available are the Tacoma and Tundra. The company also offers four types of sport-utility vehicle
toyota motor corp (TOYOF:OTC US)
Toyota City, 471-8571
Phone: 81 565 28 2121
Fax: 81 565 23 5800www.toyota.co.jp
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