Headquartered in Toyota‚ Aichi‚ Japan‚ Toyota Motor Corporation is a Japanese automotive manufacturer with 338.875 employees worldwide‚ as of March 2014. Being the twelfth-largest company in the world by revenue‚ Toyota is the world’s first automobile manufacturer to produce more than 10 million vehicles per year. It is also the number one automobile manufacturer in Japan‚ the third largest manufacturer in the world by unit sales‚ but number eight in sales in Continental Europe. Founded by Kiichiro
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Toyota Let’s Go Places Toyota Motor Company‚ the world’s largest automobile manufacturer‚ is headquartered in Toyota‚ Aichi‚ Japan and is comprised of Toyota‚ Lexus‚ Scion‚ Daihutsu‚ and Hino Motors‚ and other non-automotive companies. Kiirchiro Toyoda founded the Toyota Motor Company in 1935‚ after creating the A1 prototype passenger car and the G1 truck. Toyota entered the United States market in 1957 with the introduction of the Toyopet car. Soon followed the Corona sedan‚ Corolla‚ Camry‚ and
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Automotive Steering Systems In a typical mechanical steering system the driver’s steering input is transmitted by a steering shaft through some type of gear reduction mechanism to generate steering motion at the front wheels. In the present day automobiles‚ power steering assist has become a standard feature. A hydraulic power steering uses hydraulic pressure supplied by an engine-driven pump. Power steering amplifies and supplements the driver-applied torque at the steering wheel so that steering
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Assignment 1 / Essay Assignment question: It is sometime suggested that CSR activities are increasing strategic in that it affects that core business of the firm and its growth‚ profitability and survival? Drawing on an example of a corporation/company (National/ International)‚ discuss this in the context of business strategies‚ in particular on the issues of competitive advantage and firm performance. Introduction In this essay‚ we will discuss why organizations began CSR and how it is
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3. TOYOTA HAS BUILT HUGE MANUFACTURING COMPANY THAT CAN PRODUCE MILLIONS OF CARS EACH YEAR FOR A WIDE VIRIETY OF CONSUMERS. WHY WAS IT ABLE TO GROW SO MUCH BIGGER THAN OTHER AUTO MANUFACTURERS? SUBSTANTIATE YOUR ANSWER BY PROVIDING CONCRETE MEASURES OR INTERVENTIONS THAT TOYOTA HAS DONE OR HAS BEEN DOING. Toyota was the first company to introduce lean manufacturing and total quality management practices in production of cars. For some time‚ the company was the only practitioner of these practices
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With his breakthrough invention of the automatic loom‚ Toyoda‚ took the resulting money to create the Toyota Motor Company. A huge contributing factor to the birth of this company was the support of the Japanese government during the war in Manchuria. The first engine was developed in 1934‚ and the first car and truck were constructed the following year. In the post-war year of 1945‚ Toyota began fast expansion after the authorization from the United States military to spawn peacetime production
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Company Background INTRODUCTION Toyota is one of the world’s best-known and most successful businesses‚ building cars and trucks in 27 countries for sale in more than 170 markets around the globe. Worldwide production was 9.5 million (8.5 million for Toyota and Lexus brand vehicles) in 2007‚ placing Toyota Motor Corporation (TMC) firmly among the world’s leading vehicle manufacturers. This result keeps it on course to achieve its ambition of becoming the world number one by the end of the decade
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Financing the Toyota Recall. INTRODUCTION In May of 2006‚ The Toyota Motor Corporation initiated a recall of nearly one million vehicles around the world to replace faulty parts that could cause drivers to lose control of the steering wheel. The recall affected vehicles across 10 models‚ including the popular Prius. The intermediate shafts and sliding yokes in the recalled cars lacked the necessary strength and could distort or crack under strong pressure‚ causing drivers to lose control
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Introduction Toyota has grown to a large multinational corporation from where it started and expanded to different worldwide markets and countries by becoming the largest seller of cars in the beginning of 2007‚ the most profitable automaker ($11 billion in 2006) along with increasing sales in‚ among other countries‚ the United States. The world headquarters of Toyota are located in its home country in Toyota‚ Aichi‚ Japan. Its subsidiary‚ Toyota Financial Services sells financing and participates
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1. INTRODUCTION Toyota is Japan’s biggest car company and the second largest in the world after General Motors. It produces around eight million vehicles per year‚ about a million fewer than the number produced by General Motors. Toyota markets vehicles in over 160 countries. The company dominates the market in Japan‚ with about 45% of all new cars registered in 2004 being Toyotas. Toyota also has entered in the uropean and North American market . It has significant market shares in several fast-growing
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