Report on Toyota
1. Introduction and Problem Statement
Introduction
Toyota was founded by Kiichiro Toyoda in 1937 as a spinoff from his father's company Toyota Industries to create automobiles. Three years earlier, 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. Toyota Motor Corporation group companies are Toyota (including the Scion brand), Lexus, Daihatsu and Hino Motors, along with several "non automotive" companies. TMC is part of the Toyota Group, one of the largest conglomerates in the world. In 2010, the Toyota ranked first in units produced globally, with 8.6 million units. (Market share based on OICA 2010 global total of 77,743,862). During that period, Toyota employed 300,734 people worldwide, and was the second largest automobile manufacturer in 2010 by production. Toyota is the ninth largest company in the world by revenue. In July 2012 the company reported that it had manufactured its 200 millionth vehicle.
Problem Statement
The selling price of car depends on many variables and it has always been one huge factor that has kept consumers very interested. In this report we showed different variables of cars, which are affecting the selling price of Toyota cars. There are many variables that affect the Toyota’s car price. We chose 5 of these for analyzing the selling price of the 30 different models of Toyota car. In this project a model is to be set up to establish the relationship among the variables and the Toyota car’s selling price. The variables are used in this report are given below: * Cubic Centimeters (CC) * Horse power (HP) * Fuel Miles per gallon (MPG) * Preferred Package Accessories ($) * Wheel /Drive
2. Objectives of the Study: * To find out the relationship between Cubic centimeters and Car’s selling price and the level of impact. * To find out the relationship between Horse power and Car’s selling price and the
Introduction
Toyota was founded by Kiichiro Toyoda in 1937 as a spinoff from his father's company Toyota Industries to create automobiles. Three years earlier, in 1934, while still a department of Toyota Industries, it created its first product, the Type A engine, and, in 1936, its first passenger car, the Toyota AA. Toyota Motor Corporation group companies are Toyota (including the Scion brand), Lexus, Daihatsu and Hino Motors, along with several "non automotive" companies. TMC is part of the Toyota Group, one of the largest conglomerates in the world. In 2010, the Toyota ranked first in units produced globally, with 8.6 million units. (Market share based on OICA 2010 global total of 77,743,862). During that period, Toyota employed 300,734 people worldwide, and was the second largest automobile manufacturer in 2010 by production. Toyota is the ninth largest company in the world by revenue. In July 2012 the company reported that it had manufactured its 200 millionth vehicle.
Problem Statement
The selling price of car depends on many variables and it has always been one huge factor that has kept consumers very interested. In this report we showed different variables of cars, which are affecting the selling price of Toyota cars. There are many variables that affect the Toyota’s car price. We chose 5 of these for analyzing the selling price of the 30 different models of Toyota car. In this project a model is to be set up to establish the relationship among the variables and the Toyota car’s selling price. The variables are used in this report are given below: * Cubic Centimeters (CC) * Horse power (HP) * Fuel Miles per gallon (MPG) * Preferred Package Accessories ($) * Wheel /Drive
2. Objectives of the Study: * To find out the relationship between Cubic centimeters and Car’s selling price and the level of impact. * To find out the relationship between Horse power and Car’s selling price and the