Does GM own Toyota?
General Motors (GM) and Toyota are two of the largest automakers in the world, but they are separate and independent companies. GM does not own Toyota, nor does Toyota own GM. The two companies operate as distinct entities with their own management, production facilities, and product lineups.
The Relationship Between GM and Toyota
While GM and Toyota are not owned by each other, the two companies have had a history of collaboration and partnership over the years. In the 1980s, GM and Toyota established a joint venture called New United Motor Manufacturing, Inc. (NUMMI), which operated a manufacturing plant in California. The partnership allowed the companies to share technology and production expertise. However, the NUMMI joint venture was dissolved in 2010, and the plant was subsequently closed.
More recently, GM and Toyota have continued to work together on various projects, such as the development of fuel cell technology and the sharing of some vehicle platforms. However, these collaborations do not involve one company owning or controlling the other.
Ownership and Corporate Structure
GM is a publicly-traded company, with its shares listed on the New York Stock Exchange. The company is headquartered in Detroit, Michigan, and has manufacturing and sales operations around the world.
Toyota, on the other hand, is a Japanese multinational corporation headquartered in Toyota City, Aichi, Japan. The company is majority-owned by the Toyota Group, a conglomerate of companies that includes Toyota Motor Corporation, Toyota Industries, and other affiliated businesses.
In summary, while GM and Toyota have a history of collaboration, they are separate and independent companies, and GM does not own or control Toyota in any way.
Who owns most of Toyota?
The ownership structure of Toyota Motor (TM) stock is a mix of institutional, retail, and individual investors. Approximately 0.04% of the company's stock is owned by Institutional Investors, 0.02% is owned by Insiders, and 99.94% is owned by Public Companies and Individual Investors.
Who is the owner of Toyota now?
Akio Toyoda (豊田 章男, Toyoda Akio, born 3 May 1956) is a Japanese business executive who is the chairman of Toyota Motor Corporation.
Is Toyota a GM brand?
Toyota does not own General Motors. There used to be a partnership for small vehicles manufactured at the NUUMI plant in Fremont, CA (now a Tesla plant) where vehicles were jointly marketed under different names by GM and Toyota (most recently the Toyota Matrix and Pontiac Vibe).
Who is partnered with Toyota?
Toyota Subsidiaries
- Lexus. Lexus is Toyota's luxury model brand.
- Ranz. This subsidiary started in 2013 and it specializes in the development of electric vehicles.
- Daihatsu. It's an independent manufacturer and has been around since 1951.
- Mazda. Toyota owns a partial stake in Mazda.
- Isuzu.
- Subaru.
Who is the business owner of Toyota?
Toyota Motor Corporation is a venture business started in 1937 by its founder, Kiichiro Toyoda, despite objections from those close to him; becoming independent from the Toyoda Power Loom Company.
What car company does GM own?
General Motors Company (GM) is an American multinational automotive manufacturing company headquartered in Detroit, Michigan, United States. The company is most known for owning and manufacturing four automobile brands: Chevrolet, Buick, GMC, and Cadillac, each a separate division of GM.
Who is Toyota owned by?
Toyota Group
Who is GM partners with?
GM partners with ChargePoint to expand ultrafast EV charging network. General Motors is collaborating with ChargePoint to install up to 500 ultrafast charging stations across the United States to broaden the nation's charging infrastructure and encourage consumers to buy electric vehicles.
When did Toyota pass GM?
Toyota took away the global lead in auto sales from GM in 2007, and for a few years the two went back-and-forth on global sales leadership with Toyota passing GM most recently in 2012. Now the race for global sales is between Toyota and Volkswagen.
What 4 brands of GM are left?
Our Brands
- CHEVROLET.COM.
- BUICK.COM.
- GMC.COM.
- CADILLAC.COM.
