Toyota's Auto Empire: Exploring the Brands Owned by the Undisputed Car Titan

Toyota Expands Its Auto Empire

Toyota Motor Corporation, one of the world's leading automobile manufacturers, has a diverse portfolio that extends beyond just cars. The Japanese giant owns several car companies, including luxury vehicle division Lexus, compact car manufacturer Daihatsu, commercial vehicle producer Hino Motors, and a significant stake in Mazda.

Toyota's relationship with Daihatsu dates back to 1999, when it became a majority shareholder. In 2016, Toyota fully acquired Daihatsu, making it a wholly-owned subsidiary. The plant, which employs around 4,000 individuals directly, continues to thrive under Toyota's leadership.

Another significant partnership for Toyota is with Subaru Corporation. Toyota is the largest shareholder in Subaru, with a 20% stake. Despite the end of formal ties, both companies maintain a healthy business relationship, working together on various projects, including developing new platforms and power units for electric vehicles (EVs).

Toyota's partnership with Mazda, announced in 2015, is a long-term collaboration aimed at pooling resources to work on joint projects without merging. Toyota owns a small stake (around 5%) in Mazda as part of this agreement. Their joint venture, Mazda Toyota Manufacturing U.S.A., Inc., is a testament to their commitment to collaboration.

Hino Motors, a part of Toyota's portfolio, operates under the philosophy: "To make the world a better place by helping people and goods get where they need to go-safely, economically, and with environmental responsibility." Hino Motors specialises in diesel trucks, buses, and other commercial vehicles.

Toyota's investments in the auto industry extend to electric vehicles and next-generation technologies like autonomous driving and connected cars. They have agreed on capital cooperation with several companies in these areas.

In the past, Toyota had a stake in Tesla, purchasing $50 million worth of shares in 2010, a bold move towards embracing electric vehicle technology. However, they sold off their entire stake in 2017.

Beyond the auto industry, Toyota has investments in areas such as housing construction (through Toyota Housing Corporation) and car customization (through Technocraft Industries). Toyota also owns part of Yamaha Motor Company, Japanese Aerospace Exploration Agency (JAXA), and Isuzu Motors. Toyota's partnership with Isuzu Motors Ltd was initiated in 2006, with Toyota acquiring a 5.9% stake.

In conclusion, Toyota's diverse portfolio and strategic partnerships position it as a key player in the global auto industry and beyond. The company continues to innovate and adapt to changing market demands and evolving regulations, ensuring its place at the forefront of the industry.