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Megadeals
Subsidy Tracker Parent Company Summary
Parent Company Name: Toyota
Ownership Structure: publicly traded (ticker symbol TM)
Headquartered in: Japan
Major Industry: motor vehicles
Specific Industry: motor vehicles
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $2,111,010,689 | 137 |
Federal (grants and allocated tax credits) | $0 | 0 |
TOTAL | $2,111,010,689 | 137 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $0 | 0 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $4,627,550,000 | 11 |
TOTAL | $4,627,550,000 | 11 |
Time Period for State and Local Awards: Earliest year of data: 1985. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2013.
Time Period for Federal Awards: FY2000 to the present
Notes: The dollar total above adjusts for the fact that there is an overlap between the amount in the Megadeal entry and that of one or more of the other entries. Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
For an overview of this company's accountability track record, read its Corporate Rap Sheet
here.
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
North Carolina | $824,331,551 | 3 |
Kentucky | $664,457,566 | 51 |
Mississippi | $354,267,894 | 4 |
Texas | $228,300,000 | 6 |
Michigan | $17,942,425 | 9 |
All other | $21,711,253 | 64 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
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Company | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
Toyota Motor Manufacturing Alabama, Inc | Alabama | state | 2012 | $1,180,289 | | cost reimbursement |
Hino Motors | Arkansas | state | 2010 | $1,330,674 | | tax credit/rebate |
The Raymond Corporation | New York | state | 2019 | $1,500,000 | | tax credit/rebate |
HINO MOTORS MANUFACTURING USA INC | Arkansas | state | 2021 | $1,558,270 | | tax credit/rebate |
Toyota Boshoku America, Inc. (#2) | Kentucky | state | 2009 | $1,737,000 | | tax credit/rebate |
Toyota Tsusho America, Inc. | Kentucky | state | 2002 | $2,000,000 | | tax credit/rebate |
Toyota Motor Engineering & Manufacturing, N.A. Inc. | Michigan | state | 2009 | $2,015,067 | | property tax abatement |
Toyota Boshoku America, Inc. | Kentucky | state | 2008 | $2,146,623 | | tax credit/rebate |
HINO MOTORS MANUFACTURING USA | Arkansas | state | 2010 | $2,450,103 | | tax credit/rebate |
Toyota Motor Engineering & Manufacturing North America, Inc. (#2) | Kentucky | state | 2004 | $2,500,000 | | tax credit/rebate |
Toyota Motor Manufacturing Kentucky, Inc. | Kentucky | state | 2013 | $2,600,000 | | tax credit/rebate |
Toyota Motor Manufacturing Indiana Inc | Indiana | state | 2012 | $2,700,000 | | tax credit/rebate |
Trim Masters, Inc. | Kentucky | state | 1993 | $3,066,000 | | tax credit/rebate |
Toyota Tsusho America, Inc. | Kentucky | state | 1996 | $3,700,000 | | tax credit/rebate |
Toyota Motor Engineering & Manufacturing, N.A. Inc. | Michigan | state | 2014 | $4,000,000 | | grant/loan hybrid program |
Toyota Motor Corp. | Texas | local | 2010 | $4,852,667 | | property tax abatement |
Toyota Boshoku Kentucky, LLC | Kentucky | state | 2012 | $5,000,000 | | tax credit/rebate |
Toyota Motor Engineering & Manufacturing, N.A. Inc | Michigan | state | 2015 | $5,000,000 | | grant/loan hybrid program |
Toyota Boshoku Kentucky, LLC | Kentucky | state | 2015 | $5,000,000 | | tax credit/rebate |
Toyota Motor Engineering & Manufacturing, N.A. Inc | Michigan | state | 2015 | $5,583,000 | | property tax abatement |
Toyota Motor Manufacturing, Kentucky, Inc. | Kentucky | state | 2012 | $6,500,000 | | tax credit/rebate |
Toyota Motor Manufacturing, Texas (TMMTX) - Phase II and TMMTX - Aerotek | Texas | state | 2010 | $7,629,354 | | training reimbursement |
Trim Masters, Inc. | Kentucky | state | 1997 | $8,362,800 | | tax credit/rebate |
Toyota Motor Manufacturing, Kentucky, Inc. | Kentucky | state | 2007 | $9,600,000 | | tax credit/rebate |
Toyota Motor Manufacturing, Kentucky, Inc. | Kentucky | state | 2006 | $18,000,000 | | tax credit/rebate |
Toyota Motor Manufacturing, Kentucky, Inc. | Kentucky | state | 2010 | $25,000,000 | | tax credit/rebate |
Toyota Motor Sales, U.S.A., Inc. (North American Parts Logistics Division | Kentucky | state | 1999 | $28,448,515 | | tax credit/rebate |
Toyota Motor Manufacturing Texas Inc. | Texas | local | 2005 | $35,568,048 | | property tax abatement |
TOYOTA MOTOR MFG MS INC | Mississippi | state | 2012 | $36,139,267 | | grant |
Toyota Motor North America, Inc. | Texas | state | 2014 | $40,000,000 | | grant |
Toyota | Texas | multiple | 2014 | $55,300,000 | | MEGADEAL (Archived) |
Toyota Battery Manufacturing, Inc. | North Carolina | state | 2021 | $79,107,200 | | grant |
Toyota | Texas | multiple | 2003 | $133,000,000 | | MEGADEAL |
Toyota | Kentucky | state | 2013 | $146,500,000 | | MEGADEAL |
Toyota Motor Manufacturing Kentucky, Inc. | Kentucky | state | 2013 | $146,500,000 | | tax credit/rebate |
Toyota | Kentucky | multiple | 1985 | $147,000,000 | | MEGADEAL |
Toyota Motor Manufacturing Kentucky, Inc. | Kentucky | state | 2023 | $240,000,000 | | tax credit/rebate |
Toyota | Mississippi | multiple | 2007 | $354,000,000 | | MEGADEAL |
Toyota Battery Manufacturing | North Carolina | multiple | 2021 | $824,100,000 | | MEGADEAL |