Which of the following describes the meaning behind Toyota's current overlapping ellipses logo design, introduced in 1989?

Toyota, one of the world's largest automobile manufacturers, has carefully evolved its visual identity over decades. The company's logo is instantly recognizable globally, but few know the thoughtful design elements and the story behind its transformation. This trivia tests your knowledge about Toyota's brand design history and the meaning behind its current emblem, showcasing how transportation brands develop visual identities that stand the test of time.

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The three ellipses represent the heart of the customer, the heart of the product, and the boundless opportunities ahead for the company
The overlapping circles symbolize Toyota's merger with three smaller Japanese automakers that formed the modern company
The design represents a stylized steering wheel, emphasizing Toyota's focus on driver control and safety
The ellipses form a hidden 'T' for Toyota, surrounded by a circle that represents the company's global reach