Toyota Motor

The storied Japanese company is renowned both for vehicles such as the Toyota Corolla—the world’s best-selling automobile of all time—and for its distinct management culture known as the Toyota Way, which has been the subject of countless academic studies. Headquartered in Toyota City in Japan’s Aichi prefecture, Toyota has several subsidiaries, including the Lexus luxury brand, and owns small stakes in other carmakers such as Mazda and Subaru. In recent years, it has pivoted heavily towards low-emission hybrid vehicles, which now make up more than two-thirds of its fleet.