Toyota Financial Services
Encyclopedia
The business known as Toyota Financial Services covers more than 30 countries and regions, including Japan. Financial services operations are coordinated by a wholly owned subsidiary of Toyota Motor Corporation
Toyota Motor Corporation
, , , commonly known simply as Toyota and abbreviated as TMC, is a multinational automaker headquartered in Toyota, Aichi, Japan. In 2010, Toyota Motor Corporation employed 317,734 people worldwide, and was the world's largest automobile manufacturer by production.The company was founded by...

 (TMC), Toyota Financial Services Corporation (TFSC), which has overall responsibility for the financial services subsidiaries globally.

The first TFS operation commenced in Sydney, Australia in 1982 as Toyota Finance Australia Limited and was soon followed by operations in the USA, Canada, Europe, Asia and Oceania
Oceania
Oceania is a region centered on the islands of the tropical Pacific Ocean. Conceptions of what constitutes Oceania range from the coral atolls and volcanic islands of the South Pacific to the entire insular region between Asia and the Americas, including Australasia and the Malay Archipelago...

.

TFS has constructed a global network that covers approximately 90% of the markets in which Toyota sells its vehicles. Mainly concentrated on auto loans, leases and Toyota dealer floorplan requirements, TFS provides auto sales financing to approximately 5.4 million customers. Toyota Financial Service Corporation via its U.S. subsidiary "Toyota Motor Credit Corporation" owns Toyota Financial Savings Bank, an ILC
ILC
ILC may refer to:*ILC Dover, an American company*In Living Color, an American sketch comedy television series*Independent Learning Centre*Indigenous Law Centre...

chartered bank in Henderson, NV.

TFS offers its Japanese customers financial services that include auto sales financing, credit cards, retail sales of corporate bonds and investment trusts, and insurance.

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