Toyota (Toyota Motor Corporation, Toyota Jidosha KK) is a Japanese automobile company. It was founded in 1993 as department for development of Toyota Loom Works cars. Soon it has attained independence and was included in Toyota financial industrial group. Toyota is justly considered as one of the leaders of automobile industry. In addition to Toyota label the company has also produce cars under Lexus brand.
The first car was a cabriolet on Chevrolet chassis and it was a hybrid of Chrysler and Ford. This model was successively sold before the war and in postwar period it was produced with some modifications. In 1958 company has launched sales in US and four years later it came to Europe. Corolla 1100 was the first model brought on European market. The sales have grown rapidly because quality and design of cars was similar with European and American brands and prices were considerably lower. In 1967 Toyota has joined Daihatsu Motor Company. After achievement of sustainable growth the company began to develop the market of sportive cars and offroadsters. Few of Toyota Land Cruiser owners know that prototype of famous offroadster was designed even in 1951. At late 90-ies100-millionth car was made.
Toyota is the most popular auto in Russia. More than 500,000 of cars are officially registered.