What is the Toyota OEM brand?
Toyota, one of the world's largest automotive manufacturers, is known for its diverse range of vehicle brands. However, beyond its well-known consumer-facing brands, Toyota also operates an Original Equipment Manufacturer (OEM) brand that supplies components and parts to other automakers. This article provides a detailed look at Toyota's OEM brand and its role in the automotive industry.
What is Toyota's OEM Brand?
Toyota's OEM brand, also known as Toyota Industries Corporation (TICO), is a subsidiary of the Toyota Motor Corporation that specializes in the production of automotive components, industrial equipment, and other related products. TICO is a major supplier of parts and systems to Toyota's own vehicle brands, as well as to other automakers around the world. The company's OEM offerings include a wide range of components, such as engines, transmissions, electronics, and more, that are used in the production of vehicles by various manufacturers.
The History and Growth of Toyota's OEM Business
Toyota's OEM business has its roots in the company's early days, when it began supplying parts and components to other automakers in addition to producing its own vehicles. Over the years, TICO has grown to become a global leader in the OEM automotive parts and systems market, with a presence in over 30 countries and a diverse customer base that includes major automakers from around the world. The company's success in the OEM market is largely attributed to its commitment to quality, innovation, and continuous improvement, which are core principles of the Toyota Production System.
Key Products and Services Offered by Toyota's OEM Brand
- Engines and transmissions: TICO is a leading supplier of engines and transmissions, including gasoline, diesel, and hybrid powertrains, to a wide range of automakers.
- Electronics and electrical systems: The company's OEM offerings include a variety of electronic components and systems, such as control units, sensors, and wiring harnesses.
- Automotive parts and components: TICO produces a diverse range of automotive parts and components, including steering systems, brakes, suspension systems, and more.
- Industrial equipment: In addition to its automotive business, TICO also manufactures a variety of industrial equipment, such as forklifts, textile machinery, and materials handling systems.
By leveraging its expertise in manufacturing, engineering, and quality control, Toyota's OEM brand has become a trusted partner for many of the world's leading automakers, helping them to improve the efficiency, reliability, and performance of their vehicles.
