Toyota Motor Corporation: History, Share/Stock Price & Interesting Facts of Toyota

Written by Rayden Sam Posted on 2024-01-19

Toyota Motor entered India on October 6, 1997, with a partner from the Kirloskar Group. Toyota Motor owns 89% of the company, and 11% remain in the Kirloskar group.

Toyota-Introduction: At present, Toyota is in every sector, like budget, luxury, SUVs, etc. 7 Toyota models in the Indian automobile market are on sale. 1 hatchback, 2 MUVs, and 2 SUVs. Toyota has confirmed that five vehicles will be released in 2022 and 2023. Toyota’s most popular models include Fortuner, Innova, Hilux, Crysta, and Hellfire.

The headquarters are located in Bidadi, Bengaluru, Karnataka, India. It is a joint venture company. Toyota Motor is a Japanese company, and its head office is located near Aichi, Japan.

Toyota is working on an electric car. It will be released sometime between 2023 and 2024.

Toyota-History

Akio Toyota is a business executive and president of Toyota Motor Corporation (TMC). His net worth is $1 billion. Masakazu Yoshimura is the managing director of Toyota Motor Corporation India. He is responsible for the leadership of Toyota Motor India. Vikram S. Kirloskar is the vice chairman of Toyota Motor Corporation. They released their first car, the Toyota Qualis, to the automobile industry in 1999. The same car is sold in Japan under the separate name of Kijang. This car became a famous car at that time in India.
The Qualis was discontinued from the market in 2005 because the design was boxy and started looking outdated. They launched a new car, the Toyota Innova, on May 27, 2005, to replace the Qualis. The customer liked its modern look and moved to this car. After this, they launched many SUVs like the Fortuner and helped pickup trucks. Toyota Motor Corporation sold 74759 units in India in the year 2010, and its growth rate increased to 38% compared to the 2009 sales.

The share price of Toyota

Toyota is a growing automobile company. You can invest in Toyota shares. It can be a good investment for the short term or long term. The opening price of Toyota Motor Corporation is 12423 rupees, and the Toyota share price is 12436 rupees on August 8, 2022. The market capacity of Toyota Motor Corporation is $214.34 billion as of August 8, 2022.

The net worth of Toyota Motor Corporation as of August 2022 is 219.92 billion. Toyota is called the richest brand in the automobile sector. The net income of Toyota Motor Corporation (TMC) is 2.28 lakh crores in Indian rupees.