Kuozui Motors
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. 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 | Taipei , Taiwan |
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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. Hotai Motor, based in Taiwan, then stepped in, and in 1984, along with Hino Motors, established Kuozui Motors. In 2008, Toyota and Hotai Motor increased its stake in the company to form the majority ownership.
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