Q:

Does Toyota have a subsidiary finance company?

A:

Quick Answer

Toyota Financial Services is the subsidiary of Toyota Motor Corporation that provides various financial services including financing, retail leasing and vehicle protection plans. The company began operations in the United States in 1982 under the name Toyota Motor Credit Corporation and issued its first loan in May 1983.

Continue Reading

Full Answer

Toyota Financial Services is headquartered in Nagoya, Japan and is wholly owned by the Toyota Motor Corporation. It was established in 2000 to oversee the existing finance and leasing companies that the Toyota Motor Corporation had been operating in various countries, including Australia and the United States. As of 2015, the company operates 35 subsidiary finance companies located in different countries globally.

Learn more about Car Makes & Models

Related Questions

Explore