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Several large, Fortune 500 automotive related companies had their headquarters in Toledo.
Electric AutoLite, Sheller-Globe Corporation, Champion Spark Plug, Questor, and Dana Corporation are examples of large auto parts companies that began in Toledo.
Faurecia Exhaust Systems, which is a $ 2 billion subsidiary to France's Faurecia SA, is located in Toledo.
Only Dana Corporation is still in existence as an independent entity.
Toledo is home of Jeep headquarters and has 2 production facilities, one in the city and one in suburban Perrysburg.
The manufacturing dependency continued into World War II when Toledo became involved in wartime production of several products, particularly the Willys Jeep.
Willys-Overland was a major automaker headquartered in Toledo until 1953.
In 2001, a taxpayer lawsuit was filed against Toledo that challenged the constitutionality of tax incentives it extended to DaimlerChrysler for the expansion of its Jeep plant.
The case was won by the city on a technical issue after it reached the U. S. Supreme Court in DaimlerChrysler Corp. v. Cuno, 547 U. S. ___ ( 2006 ).

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