Toyota is a multinational automotive manufacturer headquartered in Toyota City, Japan. It is one of the largest car manufacturers in the world and is known for producing a wide range of vehicles, including sedans, SUVs, trucks, and hybrids. Founded in 1937 by Kiichiro Toyoda, Toyota has gained a reputation for reliability, innovation, and efficiency, particularly with its pioneering work in hybrid technology through models like the Prius. The company emphasizes quality control and sustainability in its manufacturing processes and has played a significant role in the development of the automotive industry globally. Toyota also operates under several brands, including Lexus, and focuses on advancements in automotive technology, including electric vehicles and hydrogen fuel cells.
Daihatsu has rejoined CJPT after addressing certification concerns, marking a significant restoration of trust within the alliance. Toyota has transferred a 10% stake in CJPT back to Daihatsu, signaling a…