Preview

Davin Tanzil

Powerful Essays
Open Document
Open Document
3167 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Davin Tanzil
Financial report analysis:

TOYOTA VS MITSUBISHI

GROUP 10
D9943695 李永偉(39)
D9949068 陳宏昌(48)
D9965927 陳毅夫(67)
D9945373 黃繼川(41)

TOYOTA MOTOR CORPORATION

 Opening

Toyota Motor Corporation (The Abbreviation is TMC) is a Japanese Multinational automaker from Aichi, Japan. In the exact 2010 year It is reported that He employed 300.734 employers worldwide (around the world) and He became the largest automobile manufacturer by its production and by Its revenue, Toyota ranked the 11th largest Company in the world and in July 2012 The Company reported that They had manufactured its 200 million vehicle or Motor mobile. The Company was founded by Kiichiro Toyoda in 1937 from His Father’s company (spinoff) Toyota Industries to create automobiles. Toyota Motor Corporation has some Companies Group, such as Lexus, Daihatsu, Hino Motors (including Scion Motors) along with the “non-automotive” Companies. And for some information, TMC is a part of Toyota Group, which is one of the Conglomerates in all around the world.
 History

Toyota started in 1933 as a division of Toyoda Automatic Loom Works devoted to the production of automobiles under the direction of the founder's son, Kiichiro Toyoda. Its first vehicles were the A1 passenger car and the G1 in 1935. The Toyota Motor Co. was established as an independent company in 1937. In 2008, Toyota's sales surpassed General Motors, making Toyota number one in the world.
In 1924, Sakichi Toyoda invented the Toyoda Model G Automatic Loom. The principle of Jidoka, which means that the machine stops itself when a problem occurs, became later a part of the Toyota Production System. Looms were built on a small production line. In 1929, the patent for the automatic loom was sold to a British company, generating the starting capital for the automobile development.
From September 1947, Toyota's small-sized vehicles were sold under the name "Toyopet". The first vehicle sold under this name was the Toyopet SA, but it also

You May Also Find These Documents Helpful

  • Powerful Essays

    Tui Mgt 499 Module 2 Case

    • 1230 Words
    • 5 Pages

    Toyota Motor Corporation (TMC) is a global automaker based in Toyota, Aichi, Japan. The company is a global leading automaker in terms of sales and output, and it employs more than 320,808 people globally. Toyota’s main business is automobile manufacturing and financial services (Investopedia.com, 2011).…

    • 1230 Words
    • 5 Pages
    Powerful 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
  • Powerful Essays

    Toyota was founded by Kiichiro Toyoda in 1937 as a spinoff from Toyota Industries to create automobiles. In 1934, while still a department of Toyota Industries, it created its first product, the Type A engine, and, in 1936, its first passenger car, the Toyota AA. Nowadays Toyota Motor Corporation group companies are Toyota, Lexus, Daihatsu, and Hino Motors, along with several non-automotive companies.…

    • 2311 Words
    • 10 Pages
    Powerful Essays
  • Better Essays

    Bus4002 Business Report

    • 4988 Words
    • 20 Pages

    Toyota is a famous automaker in the world, and the full name is Toyota Motor Corporation. Toyota is a famous Japanese automaker and the corporate headquarters in Japan. In the 1934, the Toyota stills an important department of Toyota Industries. And in this year, Toyota…

    • 4988 Words
    • 20 Pages
    Better Essays
  • Powerful Essays

    U01A1

    • 1274 Words
    • 6 Pages

    The Toyota Motor Corporation was established in 1933 as a division of Toyoda Automatic Loom Works under the direction of Kiichiro Toyoda. In 1934, the company produced its first Type A engine at the encouragement of the Japanese government, and two years later the company produced its first passenger car, the Toyota AA and in 1937 was established as an independent company. In 1957 Toyota established its first sales, marketing, and distribution subsidiary in the U.S., called Toyota Motor Sales Inc. In 1982, Toyota Motor Corporation formed a joint venture with General Motors, called New United Motor Manufacturing, Inc. and began production in the U.S. in 1988 establishing new brands for this market. In 2009, Toyota employed more than 8,900 people and supervised 14 regional…

    • 1274 Words
    • 6 Pages
    Powerful Essays
  • Best Essays

    Toyota Case

    • 3910 Words
    • 16 Pages

    Toyota Motor Corporation, headquartered in Japan is a multinational corporation that employs approximately 320,000 employees at its peak in over 50 manufacturing plants worldwide. Founded in 1937 by the Toyoda family and with the help of current CEO – Katsuaki Watanabe, Toyota was able become the world’s largest automaker in terms of vehicle sales worldwide. In addition to the sales of Toyota vehicles, it also includes the sales of sports utility vehicles under the brand name Lexus. Toyota Motor Corporation also encompasses several subsidiaries such as Daihatsu motor Co. (Daihatsu) and Hino Motors Ltd (Hino). Toyota also increases its revenue through the manufacture of automotive components and accessories. Currently Toyota’s major manufacturing plant include facilities in Japan, US, Canada, France, UK, China, Australia, Brazil, South Africa, Taiwan…

    • 3910 Words
    • 16 Pages
    Best Essays
  • Good Essays

    Video game is a series of 2D or 3D world created by author or editor to allow public experience by representing as a person or animal inside. In my humble opinion, playing video games have more cons than pros. My essay will tell you that playing video games have more cons because it wasting time, cause indulgence, side effect on body health and cause volatility.…

    • 468 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Toyota Paper

    • 1354 Words
    • 6 Pages

    Toyota Motor Corporation was founded in September 1933 as a division of Automatic Weaving Factory car Toyota, by Japanese inventor and industrialist, Sakichi Toyoda. The company 's car division and then separated on August 27, 1937 to create the Toyota Motor Corporation. In 1936 they launched their first passenger car. ("Biography Everything about Biography", 2012)…

    • 1354 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Toyota Business Model

    • 763 Words
    • 4 Pages

    The success story of Toyota Motor Corporation (TMC) is becoming a world famous school example for every business owner that wants to grow its company to a global level, take it through difficult times and make it number one in the world. Toyota which was founded as a public company in 1937 entered in 1957 the US market for the first time. At that time it seemed almost impossible for Toyota to compete with the world leading car manufacturer General Motors and the number one importer Volkswagen. However, by 1970 Toyota managed to become the fourth largest car manufacturer in the world and by 1975 it jumped over Volkswagen to become the largest car importer in the U.S..…

    • 763 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Organization Profile In July 1988, Toyota Motor Corporation (TMC) founded a subsidiary, Toyota Motor Manufacturing (TMM), which began volume production on 1,300 acre site in Georgetown, near Lexington. Since then, the plant had an annual capacity of 200,000 Toyota Camry sedans; furthermore, in 1992, TMM was expected to supply 240,000 of the all-new Camrys. For the first time, in…

    • 3102 Words
    • 11 Pages
    Good Essays
  • Powerful Essays

    Toyota Motor Corporation (TMC) is one of the leading automobile manufacturers in the world. The name itself inspires trust in the brand and for many people around the world, purchasing a vehicle manufactured by Toyota is also a sound investment. In 1933 Toyoda Automatic Loom Works, Ltd established the Automobile Department. In 1935 the first A1 prototype passenger car and the G1 truck were made at Hinode Motors and in 1937 Toyota Motor Co. Ltd was launched (Company, 2011).…

    • 2155 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    It is a well known fact that Toyota is leading automobile manufacturer and the company founded by Kiichiro Toyoda in 1937 as a spinoff from his father’s company Toyota Industries to manufacture automobiles. Toyota employed around 317,734 people around world wide…

    • 1942 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    The history of Toyota started in 1933 with the company being a division of Toyoda Automatic Loom Works devoted to the production of automobiles under the direction of the founder's son, Kiichiro Toyoda. Kiichiro Toyoda had travelled to Europe and the United States in 1929 to investigate automobile production and had begun researching gasoline-powered engines in 1930. Toyoda Automatic Loom Works was encouraged to develop automobile production by the Japanese government, which needed domestic vehicle production, due to the war with China. In 1934, the division produced its first Type A Engine, which was used in the first Model A1 passenger car in May 1935 and the G1 truck in August 1935. Production of the Model AA passenger car started in 1936. Early vehicles bear a striking resemblance to the Dodge Power Wagon and Chevrolet, with some parts actually interchanging with their American originals.…

    • 2775 Words
    • 12 Pages
    Good Essays
  • Powerful Essays

    Toyota Production System

    • 3318 Words
    • 14 Pages

    The Toyota Motor Corporation was founded in 1937 by Kiichiro Toyoda. It originally started as a subsidiary of his father’s company Toyoda Industries. The first vehicle, the Toyota AA, was produced in 1936 whilst the company was still associated with Toyoda. The brand as we know it became established as an independent company in 1937 and changed their name to Toyota. In the year 2000, Toyota was the world's third largest car company and the largest car company in Japan. As of June 2012, Toyota is the world’s largest automaker with a 9.8 percent share of the automobile global marketplace.…

    • 3318 Words
    • 14 Pages
    Powerful Essays
  • Powerful Essays

    Toyota Profile

    • 951 Words
    • 4 Pages

    Toyota was started in 1933 as a division of Toyoda Automatic Loom Works devoted to the production of automobiles under the direction of the founder's son, Kiichiro Toyoda. Its first vehicles were the A1 passenger car and the G1 in 1935. The Toyota Motor Co. was established as an independent company in 1937. In 2008, Toyota's sales surpassed General Motors, making Toyota number one in the world. In 1924, Sakichi Toyoda invented the Toyoda Model G Automatic Loom. The principle of Jidoka, which means the machine stops itself when a problem occurs, became later a part of the Toyota Production System. Looms were built on a small production line. In 1929, the patent for the automatic loom was sold to a British company, generating the starting capital for the automobile development. Vehicles were originally sold under the name "Toyoda", from the family name of the company's founder, Kiichirō Toyoda. In April 1936, Toyoda's first passenger car, the Model AA, was completed. The sales price was 3,350 yen, 400 yen cheaper than Ford or GM cars.…

    • 951 Words
    • 4 Pages
    Powerful Essays

Related Topics