On this day: 03-27-1952
Toyota founder dies
Kiichiro Toyoda, founder of the Toyota Motor Corporation, which in 2008 surpassed America´s General Motors as the world´s largest automaker, dies at the age of 57 in Japan on this day 1952.Toyoda was born in Japan on June 11, 1894. Kiichiro Toyoda died in 1952, but his company continued to grow. In 1966, Toyota introduced its compact Corolla model, which in 1997 became the world´s best-selling car, with more than 35 million sold at the time.