01 Toyota Motor Corp .

Headquartered in its namesake city , the Toyota Motor Corp . is Asia ’ s largest car manufacturer measured by asset portfolio , sales and profits . Toyota holds almost 50 % of the market share in Japan and 15 % in the US . The company ’ s asset portfolio grew by $ 60.5bn year on year in 2017 / 18 , along with consistent growth in sales to $ 15.1bn and profits to $ 5.4bn . Unlike Honda , which is seeking overseas expertise in the development of autonomous vehicles , Toyota announced in October its plan to partner with Japanese tech giant Soft- Bank . Reuters reported that the two companies aim to “ jointly develop a platform to operate self-driving vehicles which can be used as mobile shops , hospitals and other services as they envision a future in which fewer people drive their own vehicles ”. www . toyota . co . uk DECEMBER 2018