Monday, December 21, 2015

TOYOTA INC.

Toyota Motor Corporation is a Japanese automotive manufacturer headquartered in Toyota, Aichi, Japan. In March 2014 the multinational corporation consisted of 338,875 employees worldwide and, as of November 2014, is the eleventh-largest company in the world by revenue. Toyota was the largest automobile manufacturer in 2012 (by production) ahead of the Volkswagen Group and General Motors. In July of that year, the company reported the production of its 200-millionth vehicle. Toyota is the world's first automobile manufacturer to produce more than 10 million vehicles per year. It did so in 2012 according to OICA, and in 2013 according to company data. As of July 2014, Toyota was the largest listed company in Japan by market capitalization (worth more than twice as much as #2-ranked SoftBank) and by revenue.

The company was founded by Kiichiro Toyoda in 1937 as a spinoff from his father's company Toyota Industries to create automobiles. Three years earlier, in 1934, while still a department of Toyota Industries, it created its first product, the Type A engine, and, in 1936, its first passenger car, the Toyota AA. Toyota Motor Corporation produces vehicles under 5 brands, including the Toyota brand, Hino, Lexus, Ranz, and Scion. It also holds a 51.2% stake in Daihatsu, a 16.66% stake in Fuji Heavy Industries, a 5.9% stake in Isuzu, a 3.58% stake in the Yamaha Motor Company,[12] and a 0.27% stake in Tesla, as well as joint-ventures with two in China (GAC Toyota and Sichuan FAW Toyota Motor), one in India (Toyota Kirloskar), one in the Czech Republic (TPCA), along with several "nonautomotive" companies.[13] TMC is part of the Toyota Group, one of the largest conglomerates in the world.

Toyota (Nigeria) Limited is the exclusive franchise owner of the Toyota brand in Nigeria. For about two decades now the company has consistently sustained the top spot for the Toyota brand in the Nigerian automobile industry. This remarkable success story is attributable to the ingenuity and resourcefulness of the board of directors under the indefatigable chairmanship of Chief Michael Ade. Ojo OON. His vision, industry and tireless commitment over the years paved the way for the acceptance of the Toyota brand in Nigeria.


Complementing the hard work of the board is a dynamic management team under the leadership of the Managing Director, Mr. Kunle Ade-Ojo. Just one year on the saddle, this youthful administrator who possesses B.Sc. Mechanical Engineering from University of Reading and M.Sc. Automotive Engineering from Cranfield University both in United Kingdom has injected youthful verve and rare sense of professionalism into the entire team of Toyota ( Nigeria) Limited. This has impacted positively on the fortune of the multiple awards winning auto brand as it has continued to break new grounds in the market place.

Company Name
Toyota (Nigeria) Limited.

Office Location
Toyota (Nigeria) Limited
TPAO 992, Ojulari Road,
Lekki Peninsula Scheme, Lagos
P.O.Box , 14504, Ikeja, Lagos
Tel:   +234-1-4401311-2, 012772250-1
FAX: +234-1-2772264-5
Email: tnl@toyotanigeria.com
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