Toyota


Toyota is a widely known Japanese vehicle manufacturer whose headquarters are in Toyota, Aichi, Japan. The company has created a brand for itself and seen its operations in many parts of the world. Today, Toyota boasts of in a well-established market for its products and has a high return on investment. This famous multinational corporation reached a record of 338,875 employees in 2014 throughout the world and is ranked as the 12th largest company in the world in terms of revenue. In 2012, it was ranked as the biggest manufacturer of automobiles based on production ahead of the General Motors and Volkswagen. Later on July 2012, the company realized its 200 million mark of its vehicle production.

Toyota is the first automobile company in the world to produce over ten million vehicles in a year. This was realized in 2012 based on reports that were drawn from the OICA and in 2013 drawn from the company data. By July 2014, the company was the biggest company listed in Japan based on market capitalization and revenue. This was more than double the worth of the company that was ranked second, Softbank. This company has grown over the years and has become a household name in almost every part of the world. It is a world competitor in the automobile industry and the Japanese car technology evident in Toyota seemed to have provided automobile solutions to many generations.

Today, Toyota has realized resounding success looking back throughout the years. Their system of production has immensely improved through the lean system of manufacturing. The company has been able to maximize on its production and has continued to make economically feasible cars to meet the ever growing demand of automobiles in different parts of the world. The company has been a leader in many aspects and will continue to be a major force in the vehicle manufacturing world.

The entry and expansion of the Toyota Company has reached far and wide and it has continued to make a name for itself in different parts of the world. The company has embraced technology to produce the most recent desired vehicle products. A total quality management has been very pivotal in ensuring continuous quality management to improve on the existing products. There is unbounded hope in the future for the company having established itself in prime regions of the world. Toyota is indeed a major contributor in the world economy due to its prowess in vehicle manufacturing.

 
 
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