 | |
| Company type | Subsidiary |
|---|---|
| Industry | Automotive |
| Founded | March 2000 |
| Headquarters | Gangnam District, Seoul, South Korea |
| Products | Automobiles |
| Parent | Toyota |
| Website | www |
Toyota Motor Korea Co., Ltd. is the South Korean subsidiary of Japan-based conglomerate Toyota, which specializes in the sales and distribution of Toyota and Lexus automobiles in South Korea.
Toyota's previous involvement in the South Korean auto market began in 1966, when it entered into a joint venture with Shinjin Motors to produce localized versions of cars such as Toyota Corona. The joint venture ended in 1972, due to Toyota's desire to enter the mainland Chinese market—the People's Republic of China at the time having prohibited companies operating in South Korea and Taiwan from operating in mainland China as well. [1]
After establishing a local subsidiary in March 2000, Toyota first launched the Lexus brand in 2001. Through the mid-2000s, Lexus experienced sales successes in South Korea, becoming the top-selling import make in that markets in 2005. [2] Nonetheless, Toyota Motor Korea still could not import the Toyota brand due to tariffs and South Korean policy issues. However, in order to meet the diversifying needs of users in South Korea, where the market for imported cars from Japan such as Nissan, Mitsubishi, and Honda is growing rapidly, Toyota Motor Korea decided to introduce the Toyota brand in addition to Lexus, and opened each showroom on October 20, 2009. [3] As of February 2022, it has 25 sales offices, including 6 in Seoul.
There are 11 Toyota vehicles currently sold in South Korea.
Lexus is the luxury vehicle division of the Japanese automaker Toyota Motor Corporation. The Lexus brand is marketed in more than 90 countries and territories worldwide and is Japan's largest-selling make of premium cars. It has ranked among the 10 largest Japanese global brands in market value. Lexus is headquartered in Nagoya, Japan. Operational centers are located in Brussels, Belgium, and Plano, Texas, United States.
Toyota Motor Corporation is a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on August 28, 1937. Toyota is the largest automobile manufacturer in the world, producing about 10 million vehicles per year.
The Toyota Prius is a compact/small family liftback produced by Toyota. The Prius has a hybrid drivetrain, combined with an internal combustion engine and an electric motor. Initially offered as a four-door sedan, it has been produced only as a five-door liftback since 2003.
The Toyota Avalon is a full-size sedan manufactured by Toyota, as its largest front-wheel drive sedan; also its flagship in the United States, Canada, China and the Middle East. The Avalon was also manufactured in Australia from April 2000 until June 2005, when it was replaced in November 2006 by the Aurion. The first production Avalon was manufactured in September 1994 at the TMMK assembly line in Georgetown, Kentucky, where subsequent generations have been manufactured.
In the automotive industry, rebadging is a form of market segmentation used by automobile manufacturers around the world. To allow for product differentiation without designing or engineering a new model or brand, a manufacturer creates a distinct automobile by applying a new "badge" or trademark to an existing product line.
The Toyota Camry is an automobile sold internationally by the Japanese auto manufacturer Toyota since 1982, spanning multiple generations. Originally compact in size (narrow-body), the Camry has grown since the 1990s to fit the mid-size classification (wide-body)—although the two widths co-existed in that decade. Since the release of the wide-bodied versions, Camry has been extolled by Toyota as the firm's second "world car" after the Corolla. As of 2022, the Camry is positioned above the Corolla and below the Avalon or Crown in several markets.
Hybrid Synergy Drive (HSD), also known as Toyota Hybrid System II, is the brand name of Toyota Motor Corporation for the hybrid car drive train technology used in vehicles with the Toyota and Lexus marques. First introduced on the Prius, the technology is an option on several other Toyota and Lexus vehicles and has been adapted for the electric drive system of the hydrogen-powered Mirai, and for a plug-in hybrid version of the Prius. Previously, Toyota also licensed its HSD technology to Nissan for use in its Nissan Altima Hybrid. Its parts supplier Aisin offers similar hybrid transmissions to other car companies.
Toyota Motor Sales, USA, Inc. is the North American Toyota sales, marketing, and distribution subsidiary devoted to the United States market. Founded in 1957 in California, TMS currently employs more than 6,500 people. As of spring 2017 Toyota moved to a new campus in Plano, Texas. Construction of this new facility began in the fall of 2014, and is located at the corner of Texas State Highway 121 and Legacy Drive, across the street from the FedEx Office Headquarters, and the J. C. Penney World Headquarters. The former location of Toyota's headquarters was Torrance, California, where they supervised 14 regional offices.
Toyota Motor North America (TMNA) is the operating subsidiary that oversees all operations of the Toyota Motor Corporation in Canada, Mexico, and the United States. Its operations include research and development, manufacturing, sales, marketing, after sales and corporate functions, which are controlled by TMNA but sometimes executed by other subsidiaries and holding companies. The company is headquartered in Plano, Texas, with offices in several locations including Georgetown, Kentucky, Ann Arbor, Michigan, Washington, D.C., and New York City.
The Lexus ES is a series of mid-size executive cars marketed since 1989 by Lexus, the luxury division of Toyota, across multiple generations, each offering V6 engines and a front-engine, front-wheel-drive layout. The first five generations of the ES used the Toyota Camry platform, while the latter generations are more closely related to both the Camry and the Avalon. Manual transmissions were offered until 1993, a lower-displacement inline-four engine became an option in Asian markets in 2010, and a gasoline-electric hybrid version was introduced in 2012. The ES was Lexus's only front-wheel drive vehicle until 1998, when the related RX was introduced, and the sedan occupied the entry-level luxury car segment of the Lexus lineup in North America and other regions until the debut of the IS in 1999. The ES name stands for "Executive Sedan". However, some Lexus importers use the name, "Elegant Sedan".
The Toyota Alphard is a minivan produced by the Japanese automaker Toyota since 2002. It is available as a seven or eight-seater with petrol and hybrid engine options. Hybrid variants have been available since 2003, which incorporates Toyota's Hybrid Synergy Drive technology. It is Toyota's flagship minivan.
Toyota Motor Manufacturing Kentucky (TMMK) is an automobile manufacturing factory in Georgetown, Kentucky, United States. It is a subsidiary of Toyota Motor North America, itself a subsidiary of Toyota Motor Corporation of Japan. The plant assembles the Toyota Camry, Toyota RAV4, and Lexus ES along with producing engines.
The Toyota Camry (XV10) is a mid-size car that was produced by Toyota between 1991 and 1996 in Japan and North America, and 1993 and 1997 in Australia. The XV10 series represented the third generation of the Toyota Camry in all markets outside Japan, which followed a different generational lineage. The XV10 Camry range is split into different model codes indicative of the engine. Four-cylinder models use the SXV10/SDV10 codes, with VCV10 designating the six-cylinder versions, and MCV10 the later six-cylinder cars in North America only.
A hybrid electric vehicle (HEV) is a type of hybrid vehicle that combines a conventional internal combustion engine (ICE) system with an electric propulsion system. The presence of the electric powertrain is intended to achieve either better fuel economy than a conventional vehicle or better performance. There is a variety of HEV types and the degree to which each functions as an electric vehicle (EV) also varies. The most common form of HEV is the hybrid electric car, although hybrid electric trucks, buses, boats, and aircraft also exist.
The Toyota Sai is a hybrid electric car sharing the same platform and hybrid drivetrain as the Lexus HS. It was launched in Japan on October 20, 2009, following the launch of the Lexus HS in January of the same year. Toyota received about 14,000 orders in one month after its introduction, and the Sai is available at all Toyota Japanese dealership sales channels.
The fleet of hybrid electric vehicles in the United States, with 8.5 million units sold through December 2023, is the second largest in the world after Japan. American sales of hybrid electric vehicles represented about 36% of the global stock of hybrids sold worldwide through April 2016.
The Toyota Prius c (c stands for "city"), also known as the Toyota Aqua (Japanese: トヨタ・アクア, Hepburn: Toyota Akua); "aqua" is Latin for water) in Japan, is a full hybrid gasoline-electric subcompact/supermini hatchback manufactured and marketed by Toyota. The Prius c is the third member of the Prius family, and combines the features of a Yaris-sized car with a hybrid powertrain. The Prius c is priced lower than the conventional Prius and has a higher fuel economy in city driving under United States Environmental Protection Agency test cycles. The Prius c was ranked by the EPA as the 2012 most fuel efficient compact car when plug-in electric vehicles are excluded.
Toyota Motor Philippines Corporation (TMP) is a subsidiary of Toyota, based in Santa Rosa, Laguna, Philippines, responsible for the assembly and distribution of Toyota vehicles in the Philippines since 1988. The company was established on August 3, 1988, as a joint venture between Toyota, Mitsui & Co and GT Capital.
As of 2019, the automotive industry in Thailand is the largest in Southeast Asia and the 10th largest in the world. The Thai industry has an annual output of more than two million vehicles, more than countries such as Belgium, Canada, the United Kingdom, Italy, Czech Republic and Turkey.
The Dynamic Force engines are a family of internal combustion engines developed by Toyota under the brand's Toyota New Global Architecture (TNGA) strategy. The engines can be fueled by petrol (gasoline) or ethanol and can be combined with electric motors in a hybrid drivetrain. The engines were developed alongside the TNGA family of vehicle platforms, as part of a company-wide effort to simplify the vehicles being produced by Toyota.
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