Toyota Motor

Toyota Motor Corporation is one of the world’s biggest car producers based in the city of Aichi (Japan).

EV by Toyota

In October 2019, Toyota Motor displayed a new view of the Concept-i Ride model – production-ready Ultra-compact BEV (battery electric vehicle) – at the 2019 Tokyo Motor Show ahead of the vehicle’s planned commercial launch in Japan in 2020. 

FCV by Toyota

Toyota launched the Mirai in late 2014 as the first mass-market hydrogen fuel-cell car.

In April 2019, Toyota started supplying fuel-cell parts to Chinese commercial vehicle makers Beiqi Foton Motor and Beijing SinoHytec.

In July 2019, the company announced deliveries of key hydrogen fuel-cell parts to Chinese automakers FAW Group and Higer Bus.

In September 2019, Toyota Motor Corp Chairman Takeshi Uchiyamada said that the company was preparing to launch the second generation of its Mirai fuel-cell car next year. The company also planned to launch hydrogen fuel-cell car models with its China partners Guangzhou Automobile Group (GAC) and FAW, and equip GAC and their joint venture’s car models with fuel cells.

Self-driving option by Toyota

In November 2015 Toyota Motor Corporation announced its plans to invest USD1 bln in an R&D center to develop robotics systems and artificial intelligence.

In October 2017, the company exhibited the Toyota Concept-i series of autonomous cars, which included the Toyota Concept-i sedan, the Toyota Concept-i Ride mini-vehicle and the Toyota Concept-i Walk compact vehicle for driving on sidewalks. 

In October 2019, Toyota Motor Corporation presented at the Tokyo Motor Show 2019 the Toyota LQ model, the next generation of the Toyota Concept-i, a concept vehicle first exhibited in 2017. LQ is equipped with Level 4 automated driving capabilities and Yui, a powerful artificial intelligence-powered interactive agent designed to learn from the driver and deliver a personalized mobility experience. At the same time, Toyota Research Institute (TRI) announced the launch of demonstration rides using self-driving vehicles of the 4th level of autonomy on public roads in Tokyo from July to September 2020 in the “mobility as a service” mode.

M&A activities

Subaru

In October 2005, Toyota bought 8.7% in Fuji Heavy Industries (FHI), currently known as Subaru, after General Motors had sold its stake in FHI when the two automakers dissolve their strategic alliance and capital relationship. In April 2008, Toyota raised the stake to 16.5%. In September 2019, Toyota Motor announced plans to raise its stake in Subaru to over 20%.

Mazda

In August 2017, Toyota purchased a 5% stake in Mazda Motor, and the two companies announced plans to develop electric vehicles and build an assembly plant in the US. Mazda took a 0.25% stake in Toyota.

Suzuki

In October 2016, Suzuki Motor Corp and Toyota announced they would explore a business partnership to leverage each others’ strengths to develop new vehicle technologies. Later, they announced they would produce EVs and compact cars for each other. In August 2019, Toyota took a 4.94% stake in Suzuki. Suzuki took a 0.2% stake in Toyota.

Daihatsu 

In 1967, Mini-car maker Daihatsu Motor joins the Toyota group, supplying the company with compact cars. In August 1998, Toyota increased its stake in Daihatsu to 51% from 34.5%, and the company became a subsidiary of Toyota. In January 2016, Daihatsu became a wholly-owned subsidiary of Toyota

Hino 

In 1966, truckmaker Hino Motors started a business partnership with Toyota and entered the Toyota group. In March 2000, Toyota raised its stake in Hino to 33.8% from 20.1%, and in April 2001, Toyota raised its stake in Hino to 50.1%, making it a subsidiary.

Yamaha

In March 2000, Toyota bought a 5% stake in Yamaha Motor, while Yamaha Motor took a stake in Toyota. 

Tesla

In June 2010, Toyota acquired an around 3% stake in Tesla as the automakers partner up to develop electric cars. In 2014, Toyota began selling down its stake in Tesla as the two companies had ended their collaboration. It said it had completed its sale as of the end of 2016.

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      Useful links

      Toyota’s official web site