Toyota Motor Corp. (TM) Stock Price, News & Quote

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Stock Overview

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Price: This is the current market value, telling you how much one share costs.

Change: This shows how much the price moved compared to yesterday, green for up, red for down.

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High/Low/Open: These show the price range during the day and where it started (open) and finished (close).

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52-Week High/Low: These tell you the stock’s peak and valley over the past year, helping assess current price relative to its broader trend.

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History of Toyota Motor Corp.

Toyota Motor Corporation, a global leader in the automotive industry, boasts a rich history that spans over 80 years. Its roots can be traced back to the entrepreneurial spirit of Sakichi Toyoda, a visionary inventor and textile machinery pioneer.

1867: The Birth of an Inventor

In 1867, Sakichi Toyoda, born in a rural region of Japan, displayed an early fascination with mechanical devices. His passion for invention led him to develop a unique hand-operated loom in 1890, followed by a power loom in 1896. These innovations revolutionized the textile industry, earning Sakichi recognition and financial success.

1924: A Loom that Stops on Error

In 1924, Sakichi introduced the Toyoda Automatic Loom, a revolutionary invention that incorporated a self-stop mechanism to halt production when a fault occurred. This groundbreaking concept, known as jidoka, became a cornerstone of Toyota’s manufacturing philosophy.

1933: A Leap into Automotive

Intrigued by the potential of automobiles, Sakichi’s son, Kiichiro Toyoda, founded a division within Toyoda Automatic Loom Works to explore automotive production. In 1934, the company produced its first engine, and the following year, the Toyota AA, the first Toyota car, rolled off the assembly line.

1937: A New Era in Automotive

With the success of the AA, Kiichiro established Toyota Motor Corporation as an independent entity in 1937. The company continued to expand its lineup, introducing the Toyopet Crown in 1952 and the Corolla in 1966, models that would become global icons.

Postwar Growth and Global Expansion

Following World War II, Toyota faced challenges but persevered, fueled by its commitment to quality and efficiency. The company’s adoption of the Toyota Production System, a lean manufacturing method, revolutionized automotive production worldwide.

In the 1960s and 1970s, Toyota embarked on a global expansion strategy, establishing production facilities in the United States, Europe, and other regions. The company’s focus on reliability, fuel efficiency, and affordability resonated with consumers worldwide.

Innovations and Leadership

Throughout its history, Toyota has consistently introduced innovative technologies, including the Prius hybrid vehicle, the Lexus brand, and advanced safety features. The company has also demonstrated leadership in sustainability efforts, aiming to reduce its environmental impact.

Current Status and Future Outlook

Today, Toyota stands as the world’s largest automaker, producing over 10 million vehicles annually. With its commitment to quality, innovation, and environmental responsibility, Toyota is well-positioned to continue its success for years to come.

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