It takes a long time for them to explain, but it comes down to this:
"In 1936, the company held a competition for a new name. Toyota was a popular choice among many. "
According to the company, it received some 27,000 entries.
It says the winning design led to a change in the name of the automobiles and plants from "Toyoda" to "Toyota."
The name was chosen "because the number of strokes to write Toyota in Japanese (eight) was thought to bring luck and prosperity," it goes on.
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