Toyota Motor corporation or Toyota is a Japanese multinational corporation, founded in 1973 by Kiichiro Toyoda as a spinoff from his father's company Toyota Industries to create automobiles. The company was founded in its first product Type A engine in 1934 and its first passenger car (the Toyota AA) in 1936. Today Toyota has grown to a large multinational company by becoming the largest seller of cars in the beginning of 2007. Toyota owns number of vehicles in different category such as cars, trucks, SUVs, Vans, hybrids and concept cars.