The Toyota Motor Company Ltd, the world’s largest automobile manufacturer, was founded
Saturday 28th August 1937 The Toyota Motor Company Ltd, the world’s largest automobile manufacturer, was founded. The marque’s origins lie in the Japanese weaving industry when Sakichi Toyoda invented the world’s first automatic loom and, subsequently, set up the Toyoda Spinning and Weaving Company in 1918. His invention reduced defects and increased yields since a…