Preview

Toyota Case

Better Essays
Open Document
Open Document
1163 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Toyota Case
Quality Management Prof. Sónia Dahab October 4th, 2012

Angelika Ojdana #988 Beatrice Lagrasta #995 Carolina Martins #928 Joana Nunes #882 Nicholas Vijverman #1139 Norma Greco #1143
1

Sakichi Toyoda was born in 1867 and in the 1900’s he founded the Toyoda group, a company focused on the production of looms for the textile business. In 1933, under the influence of his son Kiichiro Toyoda, who was more interested in automobiles, Sakichi opened a new division focused on car manufacturing.It was in 1937 that there was a separation between the two businesses and consequently Toyota Motor Company was born. In order to get a deeper understanding over the industry, Kiichiro studied the production system of Ford, the leading car manufacturing company at that time, and later adopted and improved it. Ten years later, in 1947, Toyota started to produce large-scale passenger cars, competing with Ford and General Motors but suffered from Japan’s economy that was going through a rough patch after the Second World War. In the beginning of the 1950’s Eiji Toyoda became president and developed a different process, the Just-in-time system and in the mid 1950’s the Kanban. The company entered the American market in 1958, but only had its first success there in 1968 with the model Corolla and in the 1990’s expanded to other places throughout the world. Throughout the last few years, Toyota, General Motors (GM) and Volkswagen (VW) have been the three main players competing in the automobile industry. In 2011, GM was the leader with 9.03 million dollars of sales, followed by VW with 8.16 million dollars in sales and finally Toyota with 7.9 million dollars. However, these results can be partly explained by not only the 2009-2010 recalls but also the Japanese tsunami and the Thailand floods that affected the supply of car parts. These results don’t mean that Toyota cannot make a comeback, opposed to that, data from the 1st quarter of 2012 shows that Toyota is the leader in sales,

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Lexus Rx

    • 380 Words
    • 2 Pages

    In 2008, Toyota was ranked the world’s number one in motor vehicle production volume with more plants opening in Canada, USA and Mexico. Due to the worldwide recession, Toyota sales dropped tremendously, thereafter. Beginning in early 2010 Toyota’s sales, and stock price dropped again due to accelerator and brake problems with a number of their cars. People were afraid to drive and purchase the 2010 Prius as the brake problems occurred mainly in this line of car. Toyota was no longer ranked number one in motor vehicle production due to the problems the company faced in 2010. Currently in 2011, Toyota is concerned about how well the Lexus RX 330/350 has done in the North American market? Due to this matter, the operation management team has produced a report that concerns the Toyota Motor Company’s North American Lexus production decision made a few years ago and the production of Toyota’s strategy for North America.…

    • 380 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Toyota is one of the leading manufacturers of vehicles in the United States and across the globe. Toyota is ranked #55 in Forbes, World’s Biggest Public Companies, and capturing sales of 202.8 billion and a market cap of 137.8 billion as of March 2011 (Forbes.com, 2011).” Founded in 1937 in Japan, Toyota now employs 320,590 with operations all over the world (Forbes.com, 2011). “Recognizing a growing market in the United States, in 1957 Toyota established its first sales, marketing and distribution subsidiary in the U.S. called Toyota Motor Sales Inc. (Gretto, M., Schotter, A., & Teagarden, M. 2009, p.2).” Over the years Toyota has manufactured and sold vehicles all over the world and is a leader in innovation and technology. However, in recent years Toyota has faced many setbacks that have consumers concerned about their safety and have Toyota looking for a way to get back their credibility.…

    • 1643 Words
    • 7 Pages
    Best Essays
  • Best Essays

    Environmental Analysis Paper

    • 2768 Words
    • 12 Pages

    As many may be aware, Toyota is not shy to the media spotlight. Toyota has been the number one automobile distributor since 1935 when the founder, Kiichiro Toyoda revealed their first model the A1 and by the 1950s. Toyota had produced more than 100,000 vehicles. However, not all of Toyota’s fame has been popular. Many will remember the major automobile company by the massive number of recalls totaling nearly one million, occurring in several countries across the globe. Half of the recalls were in Japan alone, but others were in the United States, Zimbabwe, South Korea, China, and Tanzania, to name a few. The recalls were from acceleration problems in different vehicles such as the Prius, Hybrid, Camry, and Sequoia Sports Utility Vehicles. On February 1, 2010, Toyota Canada Incorporation made the announcement that it would be recalling approximately 270,000 Toyota vehicles equipped with a specific accelerator pedal assembly and suspending delivery of the eight models involved in the recall on January 26, 2010. In this paper, Team C will elaborate on Toyota and its marketplace, provide the latest corporate reports, compare the three macroeconomic variables of employment, GDP and how it relates to Toyota’s deficit performance, provide its environmental analysis, and analyze information that identifies any relationships between the United States economic trends and the operational performance of Toyota.…

    • 2768 Words
    • 12 Pages
    Best Essays
  • Satisfactory Essays

    Case Toyota

    • 685 Words
    • 3 Pages

    Toyota really care about the values of the environment so they have set a five-year environmental action plan in order to gain public attention about what they are doing is to help the environment. They operate the plan within five areas:…

    • 685 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Toyota motor corporate is a Japanese automotive manufacturer headquartered in Toyota, Aichi Japan. In 2013, the multinational corporation consisted of 333,498 employees worldwide and as of January 2014 is the 14th largest auto manufacturer in 2012 by production. It’s the worlds 1st automobile manufacturer to produce more than 10 million vehicles per year. It was founded by Kiichiro Toyoda in 1937 as a spinoff from his fathers company Toyota Industries to create automobiles. Toyota is now number 5 on the list of “Which Automotive Companies Lead the Innovation Race?” Their global vision is “Toyota will lead the way to the future of mobility, enriching lives around the world with the safest and the most responsible ways of moving people. Through our commitment to quality, and respect to the planet, we aim to exceed expectations and be rewarded with a smile. We will meet our challenging goals by engaging the talents and passion of people who believe there is always a better way.”…

    • 1760 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Honda case

    • 640 Words
    • 2 Pages

    § Submit a one-page single-spaced printed copy of individual write ups (Honda A, B) at the beginning of next class.…

    • 640 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Toyota Motor Corporation is a worldwide company that specializes in automobiles, which are manufactured around the world. Toyota’s mission “has been to contribute to society by producing high quality products and services, while reducing the environmental impact of our operations (Investor Fact Sheet, 2013).” The North American Region will be the segment that is concentrated on in this individual learning project. Toyota Motor Corporation was first introduced to the United States in 1957. Within this same year on “August 25th, 1957, two Toyopet Crowns were imported to the United States” and on “October 31st, 1957, Toyota Motor Sales, U.S.A. Inc is established (Timeline, 2013).” The North American region began manufacturing vehicles in 1986. Toyota developed this region because “Toyota is committed to building vehicles where they are sold (Investor Fact Sheet, 2013).” With that said, the North American region has shown tremendous growth with 14 manufacturing plants and over 20 million vehicles manufactured. The total sales of products for the North American region in 2010 were $190,507 million (Investor Fact Sheet, 2013). As a result of these achievements, the North American region has become one of the top sales by region following Japan.…

    • 675 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Toyota Recall

    • 1391 Words
    • 6 Pages

    To maintain its impressive rate of growth Toyota will have to conduct effective public relations damage control in an attempt to safeguard its stellar reputation as a manufacturer of highly reliable automobiles. The Toyota Motor Corporation has been around for greater part of last century. It really started to make a strong entry in the North American and European car markets in the mid 1970 's. Their successful product offering combining low prices and high reliability have been huge factors in its successful profitable market-share growth ever since. Toyota Motor Corporation is a Japanese multinational corporation and the world 's second largest automaker making automobiles, trucks, buses and robots and providing financial services. Based in Toyota, Aichi, Japan, the company…

    • 1391 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Toyota Prius Case

    • 1931 Words
    • 8 Pages

    The Toyota Prius is a full hybrid electric mid-size hatchback, formerly a compact sedan developed and manufactured by the Toyota Motor Corporation. The EPA and California Air Resources Board (CARB) rate the Prius as among the cleanest vehicles sold in the United States based on smog-forming emissions.…

    • 1931 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    Volkswagen Case

    • 441 Words
    • 2 Pages

    There is clearly a problem with the classification of the Supply Flow project and its benefits. The Project Management Office and the Digital Business Council is responsible, in conjunction with the Executive Leadership Team, for prioritizing IT projects basis their alignment with the company’s strategic goals and the smooth running of the business. The prioritization process considers IT projects most relevant to the business operating regionally. Since this project was “competing” for priority with other local projects, it was bound to be less important from a local perspective – and hence did not receive the kind of funding it required from the local budget. The Supply Flow project, even though being run out of the VWoA office, was going to have a global impact and therefore was going to impact a lot more than simply the American office.…

    • 441 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Toyota Case

    • 3091 Words
    • 13 Pages

    Toyota Motor Manufacturing, Indiana, Inc. (TMMI) manufactures Toyota’s first full-size truck. In order to make TMMI as profitable as possible there are a couple of fundamental logistical processes that had to be defined. An important decision that had to be made was the use of appropriate shipping containers for the delivery of parts and materials from suppliers.…

    • 3091 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Ferrari Case

    • 1106 Words
    • 5 Pages

    Ferrari has market positioned itself which signifies speed, design and symbol as an engineering marvel in market. The basic element to become a Ferrari deals with the aerodynamic design to create a negative lift of the body. The Ferrari design also implies light weight, stronger chassis, and smooth edges in order to minimize the resistance of the air pressure on external body. Taking a final view of the skeleton of the body, it has been designed such that all the components are bonded properly in there designed slots in the chassis. Along with this above design elements, differential axle alignment is designed by latest hydraulic and pneumatic technology which gives easy and light control over high speed to the user.…

    • 1106 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Porsche Case

    • 863 Words
    • 4 Pages

    Financially successful people wanting a car for a high status because they think of themselves as “entrepreneurial” and set high goal for themselves and work very hard to meet them. These people feel like they are not like the rest and the Porsche mirrors the way they look at themselves.…

    • 863 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Honda Case

    • 612 Words
    • 3 Pages

    To enchance good market position by expanding the sales through accelerated innovation throughout the company.…

    • 612 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Toyota Case

    • 1315 Words
    • 6 Pages

    For a long time there has been an alignment of Toyota vision with both Japanese culture and national and international stakeholders. This alignment can be seen in our opinion according two different perspectives: from the innovation activity and from the social responsibility (attention for environment). Referring to the innovation of the product process, Toyota has always been one of the leader in creating high-level cars both from mechanical and electronic aspect as it is typical of Japanese economy. The Japanese business is traditionally known at a global level for its profitable performance concerning the management of electronic and mechanical activities. From this point of view there was a perfect alignment between internal and the external vision. In relation to social responsibilty, the Japanese culture shows a great concern on energy conservation and environment, that is the reason why Toyota has traditionally supported these aspects in the car production process. In 1998, Toyota received an important award for the production of Prius ( the world’s first passenger vehicle in mass production powered by a third power train system). The introduction of Prius in the market, allowed the company to make a clear statement on its commitment of environmental protection. During the following years, the company gained many awards and leader position in environmental technology field. Recently, in relation to these two perspectives of analysis, a misalignment can be verified for the following three reasons: 1) Toyota has focused too much on cost control and economies of scale, leaving out esthetic and design aspects, creating too much standardized cars ( a same kind of product all over the world). In this case we found the first gap because of the different expectations of the worldwide stakeholders in comparison with Japanese and Toyota culture ,…

    • 1315 Words
    • 6 Pages
    Good Essays