Toyota Motor Co. is established on Aug. 28, 1937, when it is spun off from Toyoda Automatic Loom Works, founded by Sakichi Toyoda, an inventor of textile machinery, including an automatic loom.
One hundred years ago, Sakichi Toyoda founded the company that would eventually spawn one of the greatest automotive success stories in history. Sadly, he passed away in 1930 and was not able to watch ...