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Taiwanese manufacturing company From Wikipedia, the free encyclopedia
Kuozui Motors (Chinese: 國瑞汽車; pinyin: Guóruì Qìchē) is a Taiwanese manufacturing company that builds Toyotas under license for the domestic market. It began as a co-ownership of Hino Motors and Hotai Motor.[clarification needed] The corporation was spun off and became independent in the 1980s. Toyota still invests heavily in the corporation's production sector, expanding Taiwanese plants.
Predecessor | Huatung Motors, Ltd. |
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Founded | 1984 |
Headquarters | , Taiwan |
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Owners |
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Website | https://www.kuozui.com.tw |
Kuozui Motors | |||||||||||||||
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Chinese | 國瑞汽車 | ||||||||||||||
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It was founded as a joint venture, Huatung Motors, Ltd. by General Motors and the Ministry of Economic Affairs, Ministry of National Defense. GM withdrew in 1983.[clarification needed] Hotai Motor, based in Taiwan, then stepped in, and in 1984, along with Hino Motors, established Kuozui Motors.[1] In 2008, Toyota and Hotai Motor increased its stake in the company to form the majority ownership.
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