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| Company type | Subsidiary of Toyota Motor Corporation |
|---|---|
| Industry | Automotive |
| Founded | 1964 |
| Headquarters | |
Area served | Canada |
Key people | Larry Hutchinson (CEO) |
| Products | Mainstream/Performance vehicles Automotive parts |
| Brands | Toyota, Lexus |
| Services | Vehicle leasing, Vehicle service, Automotive finance |
| Owner | Toyota Motor Corporation (51%) Mitsui & Co. Ltd. (49%) |
Number of employees | 35,700 (Total) 700 (TCI) 11,000 (Toyota & group companies) 24,000 (All Toyota companies & Dealers) |
| Parent | Toyota Motor Corporation |
| Website | toyota |
Toyota Canada Inc. (TCI) is the distributor of Toyota and Lexus sedans, coupes, sport utility vehicles (SUVs), and trucks in Canada. TCI's head office is located in Toronto, Ontario. It has regional offices located 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.[1] The current CEO and president of Toyota Canada is Larry Hutchinson, who replaced Seiji Ichii on January 1, 2016.[2]
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.
In 2014, half (50%) of all Toyota vehicles sold in Canada were built at Toyota Motor Manufacturing Canada, Inc., (TMMC) while 83% of all Toyota vehicles sold in Canada were produced at one of Toyota's 14 plants throughout North America.
- ^ "Toyota Brings Outsiders Into The Fold". The Globe and Mail. 2013-04-06. Retrieved 2014-04-29.
- ^ "Toyota Canada's CEO to leave job". The Globe and Mail. 2011-12-11. Retrieved 2014-04-29.