Company Analysis Of Toyota's Motor Company
Introduction
Toyota’s motor company is a Japanese automotive maker that has its headquarters in Toyota Aichi in Japan. Toyota manufactures a range of products line up that ranges from subcompact luxury and sports vehicles to trucks, buses, minivans, and SUVs. It produces about five brands of vehicles which include Lexus, Hino, Ranz, Scion and Toyota brand. The company holds stakes in various automotive companies such as Daihatsu, Isuzu, Tesla and Fuji. All of its products are manufactured red either by with combustion or hybrid engines. In addition, this company also manufactures automotive parts for its own use and for the sale purposes. Some of the popular Toyota car models include corolla, land Cruiser, Lexus and Tundra trucks. The annual employee growth in this company is 1.61% and the net income growth rate stands at about 73.32% On the other hand, the sales grow at an average rate of about 6.51%. From this statistics, we can conclude that Toyota has a good performance and it is a future oriented company.
A subsidiary: Toyota motor European manufacturing (TMEM)
One of the regions around the world where Toyota has established its operation is Europe. Toyota Company launched its operation in Europe in 1963 under an official distributor agreement. Toyota based its headquarters in Brussels the capital city of Belgium. Since then, Brussels …show more content…
After it was adopted; twelve European members got rid of their local currencies and adopted Euro as their sole currency. However, Britain was reluctant to join this EMU because some people argued for and other argued against joining the union basing on the economic consequences Britain would have by joining. Both the proponents and opponents argued out their reasons and this delayed Britain to join this union. Some of the reasons that were given by those who supported Britain to join EMU areas discussed in the following
Toyota’s motor company is a Japanese automotive maker that has its headquarters in Toyota Aichi in Japan. Toyota manufactures a range of products line up that ranges from subcompact luxury and sports vehicles to trucks, buses, minivans, and SUVs. It produces about five brands of vehicles which include Lexus, Hino, Ranz, Scion and Toyota brand. The company holds stakes in various automotive companies such as Daihatsu, Isuzu, Tesla and Fuji. All of its products are manufactured red either by with combustion or hybrid engines. In addition, this company also manufactures automotive parts for its own use and for the sale purposes. Some of the popular Toyota car models include corolla, land Cruiser, Lexus and Tundra trucks. The annual employee growth in this company is 1.61% and the net income growth rate stands at about 73.32% On the other hand, the sales grow at an average rate of about 6.51%. From this statistics, we can conclude that Toyota has a good performance and it is a future oriented company.
A subsidiary: Toyota motor European manufacturing (TMEM)
One of the regions around the world where Toyota has established its operation is Europe. Toyota Company launched its operation in Europe in 1963 under an official distributor agreement. Toyota based its headquarters in Brussels the capital city of Belgium. Since then, Brussels …show more content…
After it was adopted; twelve European members got rid of their local currencies and adopted Euro as their sole currency. However, Britain was reluctant to join this EMU because some people argued for and other argued against joining the union basing on the economic consequences Britain would have by joining. Both the proponents and opponents argued out their reasons and this delayed Britain to join this union. Some of the reasons that were given by those who supported Britain to join EMU areas discussed in the following