Central Motors
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Central Motors
Central Motor Co., Ltd. was a Japanese manufacturer of cars within the Toyota Group. It was founded on 4 September 1950 by Ryuichi Tomiya. The company operated five plants, all located in Japan. It was one of the biggest export vehicle manufacturers of the concern. In July 2012 it was merged with two other Toyota subsidiaries operating in Tohoku to form Toyota Motor East Japan. History Central Motors was the operational successor of (Kamata, Tokyo). In 1950, employees of the Kamata Plant were made redundant after it was closed down by Toyota. They founded Central Motors that year and began producing light commercial vehicles for Toyota in 1956. In 1959, Toyota acquired the company and moved the production from Kamata to Sagamihara which would later also become the headquarters base. The company opened various facilities for auto parts production. A new assembly plant and headquarters were built in Ohira, Miyagi. The new facility started production in January 2011 and the Sagami ...
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Limited Company
In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by Share (finance), shares or by guarantee. In a company limited by shares, the liability of members is limited to the unpaid value of shares. In a company limited by guarantee, the liability of owners is limited to such amount as the owners may undertake to contribute to the assets of the company, in the event of being wound up. The former may be further divided in public companies (public limited company, public limited companies) and private companies (private limited company, private limited companies). Who may become a member of a private limited company is restricted by law and by the company's rules. In contrast, anyone may buy shares in a public limited company. Limited companies can be found in most countries, although the detailed rules governing them vary widely. It is also common for a distinct ...
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