About Toyota  

Toyota, founded by Kiichiro Toyoda in 1937, began as a division of Toyoda Automatic Loom Works. It’s now a global automotive leader, known for models like the Prius and Corolla. Toyota’s history is marked by innovation and expansion, with significant milestones such as:

• 1937: Toyota Motor Co. was established as an independent company¹.
• 1950s: Post-WWII, Toyota studied American automakers to improve efficiency².
• 2008: Toyota became the world’s largest automobile manufacturer, surpassing General Motors².

Financially, Toyota has shown robust performance over the years:

• Net Profit Margin: As of December 31, 2023, Toyota’s net profit margin stood at 10.22%³.
• Net Income: For the quarter ending December 31, 2023, Toyota’s net income was $9.233B, marking a 78.65% increase year-over-year. The annual net income for 2023 was $18.14B⁴.

Toyota’s major markets include Japan, the United States, and China, with North America being the biggest target market. Nearly 2.4 million vehicles were sold in North America from April 2021 to March 2022⁵. The brand’s global presence is strong, with a significant number of vehicles sold in Japan and a growing importance of electrified vehicles.

For a comprehensive look at Toyota’s history, financials, and market presence, you can explore their global website and various financial reporting platforms that detail their journey and current standing in the automotive industry¹²⁶⁷⁸.

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