Soichiro Honda, the founder of Honda, was a mechanic and had an acute interest in race cars. After the failure of piston rings supply contract with Toyota, he went on to study Toyota quality manufacturing process. Soon, he re-entered manufacturing and started mass production of piston rings with acceptable Toyota standards by 1941.
The company gained expertise in manufacturing motorcycles, internal combustion engines and cars over the century.
Mercedes-Benz is the first petrol-powered car, invented way back in 1886.
Its name was originated due to Karl Benz, the founder of the German company. Emil Jellinek, an Austrian Automobile Engineer who created the trademark for the Daimler Motor Group, marketed its first product Mercedes 35 HP, after his daughter Mercedes Jellinek, in 1901.
The company went on to produce luxury cars, buses, and trucks.
Toshisuke Aikawa first founded Nihon Sangyo in 1928, in Japan. The name Nissan is formed as an abbreviation for Tokyo Stock Exchange as Ni-San. Though initially, the company was doing business in foundry and auto parts, only in 1933, Nissan started making automobiles.
Porsche is the middle name of luxury sports cars and SUVs around the globe. The company was founded by Ferdinand Porsche in 1931, in Stuttgart, Germany. Porsche is the majority shareholder in the Volkswagen family.
The England based company Rolls-Royce started its operations in 1906, with the collaboration of two businessmen Henry Royce and Charles Rolls. Both have actively shared their vision to build one of the best cars in the world.
Subsequently, Rolls-Royce entered in manufacturing jet engines on their own.
Source: Thomas Quine/Flickr
The Japanese company, Toyota was founded by Kiichiro Toyota in 1937.
Toyota is famous for the introduction of two major concepts in the automotive industry- Toyota Production System (TPS) and Just-In-Time (JIT).
Source: Dion Gillard/Flickr
Volkswagen means “People’s Car” in German. Founded in 1937, Volkswagen is presently the world’s largest manufacturer of automobiles, followed by Toyota. Volkswagen is a parent company, holding many popular car brands under its umbrella, including Audi, Bentley, Bugatti, Skoda etc.