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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 606 |
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The company was established as a result of the initiative of Toyota Motor Corporation (TMC) of Japan to unify the multiple distributorship system in place. TNL commenced operations on July 1, 1996 and has the sole franchise for Toyota products in the Nigerian Market.
2. Toyota Prius
In December 1997, Toyota Motor Corporation (Toyota) of Japan launched its hybrid vehicle Prius in the Japanese market...
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This was one of the first mass-produced hybrid vehicles in the world. It used the Toyota Hybrid System (THS), which combined an internal combustion engine fueled by gasoline with an electric motor. Prius achieved a balance between high mileage and low emissions and was the upshot of the company's initiative to produce environment-friendly automobiles...
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General points of the essay
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