Looking to discover What Cars Are Owned By Toyota? At millertoyota.net, we’re here to help you explore Toyota’s diverse brand portfolio, including Lexus, and understand their stake in Subaru and Suzuki, offering reliable vehicles and exceptional service. Find the perfect Toyota or Lexus vehicle to match your needs and experience the quality and innovation these brands offer, while considering auto brands, subsidiary companies, and automotive manufacturing.
1. What Car Brands Does Toyota Own?
Toyota Motor Corporation primarily owns two major car brands: Toyota and Lexus. Beyond these, Toyota also holds a stake in Subaru and Suzuki, expanding its influence in the automotive industry.
1.1 Toyota: The Mainstay Brand
Toyota is renowned for its reliability, fuel efficiency, and diverse model lineup. From compact cars to SUVs and trucks, Toyota vehicles are designed to meet a wide range of needs and preferences. Popular models include:
- Toyota Camry: A mid-size sedan known for its dependability and comfort.
- Toyota Corolla: A compact car offering excellent fuel economy and value.
- Toyota RAV4: A versatile SUV with ample cargo space and available hybrid options.
- Toyota Tacoma: A mid-size pickup truck known for its off-road capability and durability.
- Toyota Tundra: A full-size pickup truck offering robust performance and towing capacity.
- Toyota Prius: A hybrid pioneer, known for its exceptional fuel efficiency.
1.2 Lexus: The Luxury Division
Lexus is Toyota’s luxury brand, offering premium vehicles with sophisticated styling, advanced technology, and refined performance. Lexus models are designed to provide a luxurious driving experience with high levels of comfort and craftsmanship. Key models include:
- Lexus RX: A luxury SUV that balances comfort, style, and practicality.
- Lexus ES: A luxury sedan known for its smooth ride and elegant interior.
- Lexus IS: A sporty sedan offering engaging performance and dynamic handling.
- Lexus GX: A luxury SUV with off-road capabilities and a comfortable interior.
- Lexus LX: A full-size luxury SUV offering premium features and powerful performance.
1.3 What Is Toyota’s Ownership Stake in Subaru and Suzuki?
Toyota holds a minority stake in both Subaru and Suzuki. These partnerships allow Toyota to collaborate on technology development, share resources, and leverage each other’s strengths in different markets.
- Subaru: Toyota owns approximately 20% of Subaru Corporation. This partnership has led to joint development projects, such as the Toyota GR86 and Subaru BRZ sports cars. According to a report by Automotive News in February 2024, Toyota’s increased stake in Subaru aims to enhance their collaboration in areas like electric vehicles and autonomous driving technologies.
- Suzuki: Toyota has a smaller stake in Suzuki Motor Corporation. The collaboration focuses on expanding Toyota’s reach in emerging markets and leveraging Suzuki’s expertise in small car manufacturing. In March 2019, Toyota and Suzuki announced a partnership to promote mutual supply of hybrid and other technologies in India and other global markets, as reported by Toyota Motor Corporation’s official press release.
2. Why Does Toyota Own Multiple Car Brands?
Toyota’s strategy of owning multiple car brands serves several key purposes:
- Market Coverage: Owning both Toyota and Lexus allows the company to cater to a broader range of customers, from those seeking affordable and reliable transportation to those desiring luxury and performance.
- Brand Differentiation: Each brand has a distinct identity and target market. Toyota focuses on value and reliability, while Lexus emphasizes luxury and sophistication.
- Technology Sharing: Toyota can leverage technology and expertise across its brands, improving efficiency and innovation.
- Global Expansion: Partnerships and stakes in other companies like Subaru and Suzuki enable Toyota to expand its reach in different markets and access new technologies.
3. How Do Toyota and Lexus Differ?
While both Toyota and Lexus are owned by Toyota Motor Corporation, they cater to different segments of the automotive market. Here’s a detailed comparison:
Feature | Toyota | Lexus |
---|---|---|
Target Market | Mainstream, value-conscious buyers | Luxury, premium buyers |
Price Range | Generally lower | Generally higher |
Vehicle Types | Wide range, including cars, trucks, SUVs | Primarily luxury cars and SUVs |
Features | Practical, reliable, fuel-efficient | Luxurious, advanced technology, refined performance |
Interior Quality | Standard to above-average | Premium materials, exceptional craftsmanship |
Performance | Balanced, efficient | Powerful, smooth, refined |
Warranty | Standard Toyota warranty | Enhanced Lexus warranty |
3.1 Target Audience
Toyota targets a broad audience seeking reliable, practical, and affordable vehicles. The brand appeals to families, commuters, and individuals looking for value and dependability. Lexus, on the other hand, targets affluent buyers who desire luxury, advanced technology, and a premium ownership experience. Lexus vehicles are designed to impress and provide a high level of comfort and sophistication.
3.2 Price Point
Toyota vehicles are generally more affordable than Lexus models. Toyota offers a range of vehicles at competitive prices, making them accessible to a wider customer base. Lexus vehicles command a higher price point, reflecting their premium features, advanced technology, and luxurious amenities.
3.3 Vehicle Lineup
Toyota offers a diverse lineup of vehicles, including sedans, SUVs, trucks, and hybrids. The brand is known for its best-selling models like the Camry, Corolla, RAV4, and Tacoma. Lexus primarily focuses on luxury cars and SUVs. Their lineup includes models like the RX, ES, and LX, which offer a blend of performance, comfort, and style.
3.4 Features and Technology
Toyota vehicles are equipped with practical and reliable features. They often include fuel-efficient engines, advanced safety systems, and user-friendly technology. Lexus vehicles feature luxurious amenities and cutting-edge technology. They often include features like premium audio systems, advanced driver-assistance systems, and opulent interior finishes.
3.5 Performance and Handling
Toyota vehicles are known for their balanced performance and efficient handling. They provide a comfortable ride and responsive driving experience. Lexus vehicles offer more refined and powerful performance. They often feature advanced suspension systems, powerful engines, and dynamic handling characteristics.
3.6 Interior and Exterior Styling
Toyota vehicles feature a functional and practical interior design. They prioritize comfort and convenience. Lexus vehicles feature a more luxurious and sophisticated interior design. They incorporate premium materials, elegant styling cues, and meticulous attention to detail.
3.7 Warranty and Service
Toyota offers a standard warranty on its vehicles, providing coverage for a certain period or mileage. Lexus offers an enhanced warranty, providing additional coverage and benefits. Lexus also provides a more personalized and attentive service experience, catering to the needs of luxury car owners.
4. What Are the Benefits of Choosing a Toyota Brand Vehicle?
Choosing a vehicle from a Toyota-owned brand offers several compelling benefits:
- Reliability: Toyota is renowned for its exceptional reliability, and this reputation extends to its Lexus brand as well.
- Durability: Toyota vehicles are built to last, with robust construction and quality components.
- Resale Value: Toyota vehicles hold their value well over time, making them a smart investment.
- Innovation: Toyota is a leader in automotive technology, with a strong focus on hybrid and electric vehicles.
- Customer Satisfaction: Toyota consistently ranks high in customer satisfaction surveys, reflecting its commitment to quality and service.
4.1 Reliability and Longevity
Toyota and Lexus vehicles are known for their exceptional reliability and longevity. According to Consumer Reports, Toyota and Lexus consistently rank among the top brands for reliability. This means fewer unexpected repairs and lower maintenance costs over the lifespan of the vehicle. Choosing a Toyota or Lexus can provide peace of mind, knowing that you’re driving a vehicle built to last.
4.2 Fuel Efficiency
Toyota is a pioneer in hybrid technology, offering a wide range of fuel-efficient vehicles. Models like the Toyota Prius and Toyota RAV4 Hybrid provide excellent fuel economy, helping you save money on gas and reduce your carbon footprint. Lexus also offers hybrid versions of popular models like the RX and ES, combining luxury with efficiency.
4.3 Safety Features
Toyota and Lexus vehicles come equipped with advanced safety features designed to protect you and your passengers. Toyota Safety Sense, a suite of active safety technologies, is standard on many Toyota models. Lexus Safety System+ offers similar features, along with additional technologies like blind-spot monitoring and rear cross-traffic alert.
4.4 Resale Value
Toyota vehicles hold their value well over time, making them a smart investment. According to Kelley Blue Book, Toyota and Lexus consistently rank among the top brands for resale value. This means you can expect to get more money back when you eventually sell or trade in your vehicle.
4.5 Innovation and Technology
Toyota is a leader in automotive innovation, constantly pushing the boundaries of technology. The company is committed to developing new and advanced technologies, including electric vehicles, autonomous driving systems, and connected car services. Choosing a Toyota or Lexus means you’ll have access to the latest and greatest automotive technology.
4.6 Customer Satisfaction
Toyota and Lexus consistently rank high in customer satisfaction surveys, reflecting their commitment to providing excellent service and support. According to J.D. Power, Toyota and Lexus are among the top brands for customer satisfaction in both sales and service. This means you can expect a positive and hassle-free ownership experience.
5. Exploring the Toyota Lineup at Miller Toyota
At millertoyota.net, we offer a wide selection of new and used Toyota vehicles to suit every need and budget. Our friendly and knowledgeable staff is here to help you find the perfect Toyota for your lifestyle. We are located at 208 N Maple Grove Rd, Boise, ID 83704, United States. You can reach us at +1 (208) 376-8888 or visit our website.
5.1 New Toyota Models
Discover the latest Toyota models, including the Camry, Corolla, RAV4, Tacoma, and Tundra. We offer a variety of trim levels, colors, and options to choose from. Our sales team can help you explore the features and benefits of each model and find the perfect fit for your needs.
5.2 Used Toyota Vehicles
Browse our inventory of high-quality used Toyota vehicles. We offer a wide selection of pre-owned cars, trucks, and SUVs, all inspected and certified for your peace of mind. Our used vehicles provide excellent value and reliability, making them a great option for budget-conscious buyers.
5.3 Toyota Service and Maintenance
Keep your Toyota running smoothly with our expert service and maintenance. Our certified technicians use genuine Toyota parts and state-of-the-art equipment to provide top-notch service. We offer a full range of services, including oil changes, tire rotations, brake repairs, and more.
5.4 Financing and Specials
Take advantage of our competitive financing options and special offers. We work with a variety of lenders to provide flexible financing solutions for all credit types. Our finance team can help you find the best rates and terms for your budget. Check our website for the latest special offers and incentives on new and used Toyota vehicles.
6. What About Other Brands That Collaborate with Toyota?
Toyota’s collaborative efforts extend to other notable brands, enhancing its technological capabilities and market presence:
- BMW: Joint research on lithium-air batteries as reported by Reuters in 2013.
- Mazda: A partnership in plant construction in the United States and the development of electric vehicle technology. As noted by Mazda Newsroom in 2017, this collaboration resulted in a joint venture to produce vehicles in the U.S.
- Denso: Joint development of automotive semiconductors to enhance vehicle performance and safety systems. In June 2020, Denso and Toyota announced a joint venture for semiconductor research and advanced electronic components, according to Denso’s official website.
7. The Future of Toyota’s Car Brands
Toyota is committed to innovation and sustainability, with a focus on developing electric vehicles, autonomous driving technology, and connected car services. The company plans to expand its lineup of electric vehicles and invest in new technologies to meet the evolving needs of its customers.
7.1 Electric Vehicles
Toyota is investing heavily in electric vehicle technology, with plans to launch a range of new electric models in the coming years. The company aims to offer a variety of electric vehicles, including battery-electric vehicles (BEVs) and hydrogen fuel cell vehicles (FCEVs). Toyota’s commitment to electric vehicles reflects its dedication to reducing emissions and creating a more sustainable future.
7.2 Autonomous Driving
Toyota is also developing autonomous driving technology, with the goal of creating safer and more convenient transportation options. The company is working on both fully autonomous and driver-assistance systems, designed to enhance safety and reduce driver fatigue. Toyota’s autonomous driving technology aims to make driving easier and more enjoyable for everyone.
7.3 Connected Car Services
Toyota is expanding its connected car services, providing customers with access to a range of features and benefits. These services include remote vehicle access, vehicle health monitoring, and real-time traffic updates. Toyota’s connected car services aim to enhance the ownership experience and provide customers with greater convenience and peace of mind.
8. How to Choose the Right Toyota Brand for You
Choosing the right Toyota brand depends on your individual needs and preferences. Consider the following factors:
- Budget: Toyota offers a wide range of vehicles at different price points. Determine your budget and choose a brand and model that fits your financial goals.
- Lifestyle: Consider your lifestyle and how you plan to use your vehicle. If you need a reliable and practical vehicle for daily commuting, a Toyota model may be the best choice. If you desire luxury and performance, a Lexus model may be a better fit.
- Features: Determine which features are most important to you. Toyota and Lexus offer a variety of features, including advanced safety systems, premium audio systems, and luxurious amenities.
- Test Drive: Take a test drive of different Toyota and Lexus models to see which one you prefer. Pay attention to the ride quality, handling, and overall driving experience.
8.1 Assessing Your Needs
Start by assessing your needs and priorities. Consider how you plan to use your vehicle, how many passengers you need to accommodate, and what type of driving you’ll be doing. If you need a vehicle for daily commuting and errands, a compact car or sedan may be the best choice. If you need a vehicle for hauling cargo or passengers, an SUV or truck may be a better fit.
8.2 Setting a Budget
Determine how much you’re willing to spend on a vehicle. Consider not only the purchase price but also the cost of ownership, including insurance, fuel, and maintenance. Toyota offers a range of vehicles at different price points, so you can find one that fits your budget.
8.3 Researching Models
Research different Toyota and Lexus models to learn about their features, specifications, and performance. Read reviews from reputable sources like Consumer Reports and Edmunds. Visit the Toyota and Lexus websites to compare models and view available options.
8.4 Visiting Miller Toyota
Visit Miller Toyota to see our selection of new and used Toyota and Lexus vehicles. Our friendly and knowledgeable staff can answer your questions and help you find the perfect vehicle for your needs. Take a test drive of different models to see which one you prefer.
8.5 Considering Financing Options
Explore our financing options to find the best rates and terms for your budget. Our finance team can help you get pre-approved for a loan and find a payment plan that works for you. We work with a variety of lenders to provide flexible financing solutions for all credit types.
9. Frequently Asked Questions (FAQs) About Toyota Car Brands
9.1 What car brands are under Toyota?
Toyota Motor Corporation owns the Toyota and Lexus brands. It also has a stake in Subaru and Suzuki.
9.2 Is Lexus a Toyota brand?
Yes, Lexus is the luxury vehicle division of Toyota Motor Corporation.
9.3 Does Toyota own Subaru?
Toyota has a 20% stake in Subaru Corporation, making it a significant shareholder but not the sole owner.
9.4 What are the most popular Toyota models?
Popular Toyota models include the Camry, Corolla, RAV4, Tacoma, and Tundra.
9.5 What are the most popular Lexus models?
Popular Lexus models include the RX, ES, and NX.
9.6 Are Toyota cars reliable?
Yes, Toyota is known for its exceptional reliability and consistently ranks high in reliability surveys.
9.7 Are Lexus cars reliable?
Yes, Lexus vehicles are also known for their reliability and often share technology with Toyota.
9.8 Where can I buy a Toyota?
You can buy a Toyota at authorized dealerships like Miller Toyota in Boise, Idaho, or through millertoyota.net.
9.9 Where can I buy a Lexus?
Lexus vehicles are available at Lexus dealerships, often located separately from Toyota dealerships but still under the same corporate umbrella.
9.10 Does Toyota plan to launch more electric vehicles?
Yes, Toyota is investing heavily in electric vehicle technology and plans to expand its lineup of electric vehicles in the coming years.
10. Ready to Find Your Next Toyota or Lexus?
Visit millertoyota.net today to explore our wide selection of new and used Toyota and Lexus vehicles. Our team is dedicated to providing exceptional service and helping you find the perfect vehicle to meet your needs. Contact us at +1 (208) 376-8888 or visit our dealership at 208 N Maple Grove Rd, Boise, ID 83704, United States. Let us help you drive away in your dream car!