Japanese automotive company Toyota started as a producer of ...

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In 1924, Sakichi Toyoda invented the Toyoda Model G Automatic Loom. Looms were built on a small production line. In 1929, the patent for the automatic loom was sold to the British company Platt Brothers, generating the starting capital for the automobile development. The production of Toyota automobiles was started in 1933 as a division of Toyoda Automatic
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