Founded in 1937 by Kiichiro Toyoda, the Toyota Motor Company has a long history of innovation and reliability. From the introduction of the first mass-produced passenger car in 1936, to the development of the world's first hybrid vehicle, the Prius, Toyota has developed a global reputation as a leader in automotive engineering and design.
Toyota is the largest automotive manufacturer in the world, producing more than 10 million vehicles annually. With production facilities in dozens of countries, Toyota has become a truly global brand, offering a full range of vehicles, from luxury sedans and SUVs to pickup trucks and commercial vans. In addition to cars, Toyota produces a wide range of trucks, buses, recreational vehicles, and marine engines.
Toyota's future vision is to become a mobility company. In addition to continuing to make innovative, reliable, and affordable vehicles, Toyota is looking to develop products and services that meet the mobility needs of customers around the world. This includes developing new technologies for autonomous and electric vehicles, as well as providing services that enable safe and efficient mobility for all.
Toyota vehicles have a long history of dependability and reliability. According to J.D. Power and Associates’ 2020 U.S. Vehicle Dependability StudySM, Toyota was the highest-ranking automotive manufacturer, with the Toyota brand being the second most dependable vehicle brand. Toyota vehicles also tend to perform better in Consumer Reports reliability surveys than other competing vehicles.
Maintenance costs for Toyota vehicles vary depending on the model and year, as well as driving conditions and habits. Generally, maintenance costs for Toyota vehicles range from roughly $50 to $400 per year.
Common mechanical problems associated with Toyota vehicles include:
1. Faulty Electronic Throttle Control System
2. Slipping or rough-shifting Automatic Transmission
3. Engine Oil Leaks
4. Faulty Oxygen Sensors
5. Sticking or Leaking Brake Calipers
6. Engine “Knocking” or “Ticking” Sound
7. Premature Wheel Bearing Failure
8. Worn Drive Belts
9. Faulty Ignition Coils
10. Air Conditioning Problems