Tuesday, December 1, 2020

Toyota

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https://www.toyota.co.za/
In 1959 the first Toyota model (a Land Cruiser) was exported to South Africa, followed two years later by ten copies of the Stout. The production of Toyota models at Motor Assemblies began in 1962[1][3] or 1963.[2] At the end of 1964, the sales organization Toyota SA, which had been founded three years earlier, took over the majority of Motor Assemblies.[2] In 1978, TSAM finally acquired 100% of the shares in Motor Assemblies.[3] The Japanese Toyota Motor Corporation initially acquired 27.8% of the shares in TSAM in 1996, increased this share to 75% in 2002 and finally to 100% in 2009 In 2006, Toyota SA replaced BMW South Africa as the country's largest automobile exporter.[5] In 2014, Toyota had 8,500 employees in South Africa.[6]

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