Thursday, August 26, 2010

Toyota started with a patent, on looms!

from used car guide :

Toyota was actually the result of the Toyota Spinning and Weaving Company, set up by Sakichi Toyoda in 1918. He invented the first automatic loom, for which he sold the patent and gave the money to his son. His son, Kiichiro, invested it into automotive technology and in 1936 the Toyota AA hit the market, with the 100,000th vehicle being built 11 years later.


Post a Comment

<< Home