Toyota Canada Inc.
 |
|
| Subsidiary of Toyota Motor Corporation | |
| Industry | Automotive |
| Founded | 1964 |
| Headquarters | Toronto, Ontario |
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Area served
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Canada |
|
Key people
|
Larry Hutchinson (CEO) |
| Products |
Mainstream/Performance vehicles Automotive parts |
| Brands | Toyota, Lexus, Scion |
| Services | Vehicle leasing, Vehicle service, Automotive finance |
| Owner |
Toyota Motor Corporation (51%) Mitsui & Co. Ltd. (49%) |
|
Number of employees
|
700 (TCI) 11,000 (Toyota & group companies) 24,000 (All Toyota companies & Dealers) |
| Parent | Toyota Motor Corporation |
| Website |
toyota lexus scion |
Toyota Canada Inc. (TCI) is the exclusive distributor of Toyota, Lexus and Scion cars, SUV’s and trucks in Canada. Founded in 1964, Toyota has sold more than 4 million vehicles in Canada through a national network of 285 Toyota, Lexus and Scion dealerships. TCI’s head office is located in Toronto, Ontario, with regional offices in Vancouver, Calgary, Montreal and Halifax and parts distribution centres in Toronto and Vancouver. In January 2013, TCI became a subsidiary of Toyota Motor Corporation (TMC) with 51% ownership share and Mitsui & Co. Ltd. as minority 49% shareholder. The current CEO and president of Toyota Canada is Larry Hutchinson, who replaced Seiji Ichii on January 1, 2016. In October 1990, TCI expanded its operations to begin selling luxury vehicles to Canadians through the Lexus brand. Twenty years later, in October 2010, TCI further expanded its sales operations to begin selling Scion branded vehicles in Canada. As of July 2014, there are 247 Toyota, 38 Lexus, and 92 Scion franchises in Canada.
In 2014 half (50.0%) of all Toyota vehicles sold in Canada were built at Toyota Motor Manufacturing Canada, Inc. (TMMC) while 83.0% of all Toyota vehicles sold in Canada were produced at one of Toyota's 14 plants throughout North America. By comparison, in 2001 only 32.1% of Toyota vehicles sold in Canada were produced in Canada and only 45.1% were produced in North America. As of December 2013, Toyota, its group companies and dealerships have invested more than CDN $9 Billion in Canada and employ more than 24,000 Canadians from coast-to-coast.
Beginning September 2014, Toyota celebrated its 50th Anniversary in Canada. The anniversary festivities began with the introduction of a special edition 2015 Toyota Corolla S and special edition 2015 RAV4 sporting unique Canadian interior and exterior features and paint colours. Only 2000 of each of these vehicles were produced for Canada.
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