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Global 500

5 Things You Probably Don’t Know About Toyota

By
Tom Huddleston Jr.
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By
Tom Huddleston Jr.
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July 21, 2016, 1:00 PM ET
Toyota Recalls More Than 2 Million Vehicles In US
OAKLAND, CA - FEBRUARY 24: A brand new Toyota RAV4 (R) is displayed alongside other Toyota vehicles at a Toyota dealership on February 24, 2011 in Oakland, California. Toyota announced today that it will recall nearly 2.2 million vehicles that have floor mats that could interfere with their gas pedals. The list of cars to be recalled includes 761,000 2006-10 RAV4, 603,000 2003-09 4Runner models and 17,000 2008-11 Lexus LX 570 models. (Photo by Justin Sullivan/Getty Images)Photograph by Justin Sullivan—Getty Images

Over the past few years, Toyota (TM) has faced massive recalls, increased competition in the hybrid car market, and new challenges from electric car company, Tesla Motors (TSLA).

But while Toyota’s overall unit sales dipped from 2014, the Japanese automaker still managed to sell 10.1 million vehicles in 2015, more than any other Japanese car company. It also generated more than $260 billion in revenue over its most recent fiscal year, up 4.3% from the previous year. As a result, Toyota jumped one spot in this year’s Fortune Global 500 rankings, rising to 8th, just behind the only automaker ranked higher on the list, Germany’s Volkswagen (VLKPF).

Here are five surprising facts you may not have known about Toyota Motor.

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About the Author
By Tom Huddleston Jr.
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