Manufacturing Magazine April 2024 | Page 42

TOYOTA
TOP 10

07

TOYOTA

REVENUE : US $ 267BN EMPLOYEES : 370,000 CEO : KŌJI SATŌ FOUNDED : 1937
Toyota was formed in 1937 in Japan and through its dedication to quality and sustainability , the company has grown to become a leading automotive manufacturer .
This year , Toyota has increased its production in the US , as the company prepares to start production of allelectric SUVs in the country , with a US $ 1.3bn investment . Toyota ’ s regional strategy in the area is focused on several particular areas , such as reducing carbon emissions and recycling materials , protecting biodiversity and encouraging conservation through water stewardship .