Toyota is part of the automobile industry.
is a Japanese multinational , and as of 2017 the world 's largest , automotive manufacturer headquartered in Toyota , Aichi , Japan . Toyota is the world 's market leader in sales of hybrid electric vehicles , and one of the largest companies to encourage the mass-market adoption of hybrid vehicles across the globe . The company was founded by Kiichiro Toyoda in 1937 , as a spinoff from his father 's company Toyota Industries to create automobiles .