Preview

Toyota

Powerful Essays
Open Document
Open Document
1265 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Toyota
ASSIGNMENT #1 ETHICS CASE

TOYOTA RECALL Reports of Runaway Cars

By: For:

|BACKGROUND |Toyota Motor Co., Ltd. was established in 1937 with Canadian operations started in November 1988. |
| |Worldwide statistics as of March 31, 2011: |
| |Capital of 397.05 billion yen (approx. Cdn$5.2 billion) |
| |Number of employees: 317,716 |
| |Number of consolidated subsidiaries: 511 |
| |Number of vehicles produced in 2010/2011 = 7,169,000 |
| |(In 2010 the two millionth Prius hybrid was sold) |
| |In 2009 there were concerns about Toyota’s product integrity and quality problems. |
| |Toyota was expanding much too rapidly and this was evidenced by its car-quality ratings. |
| | |
|COMPANY INFO |Main business activities – Motor vehicle production and sales
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Good Essays

    BUSI 650 Individual Learning Project 1
    • 675 Words
    • 3 Pages

    BUSI 650 Individual Learning Project 1

    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
    Read More
  • Powerful Essays

    Toyota Motor Corporation
    • 6735 Words
    • 20 Pages

    Toyota Motor Corporation

    Section I II III Executive summary Introduction Exercise 1: Toyota Production System (TPS) today TPS term definitions & practical examples IV Exercise 1: TPS as a total entity Advantages Limitations Evolution TPS use among other companies V Exercise 2: Grid analysis (Weighted scoring model) Exogenous factors & assumptions Endogenous factors & assumptions Constraints VI VII Exercise 2: Location recommendation Exercise 3: Decision tree analysis TMMC production capacity recommendation Limitations Past performance: RX 330/350 VIII Exercise 4: Current regional production strategy Assessment Change recommendations IX Summary Appendix A References…

    • 6735 Words
    • 20 Pages
    Powerful Essays
    Read More
  • Best Essays

    Operations Improvement Plan
    • 1643 Words
    • 7 Pages

    Operations Improvement Plan

    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
    Read More
  • Good Essays

    Revisiting Crisis Communication Discourse
    • 4621 Words
    • 19 Pages

    Revisiting Crisis Communication Discourse

    [sic] by which an audience can recognize [sic] the company and distinguish it from others…

    • 4621 Words
    • 19 Pages
    Good Essays
    Read More
  • Powerful Essays

    Leading Change
    • 1774 Words
    • 8 Pages

    Leading Change

    Bodek, Norman. “The Toyota Secret: Constant Change and Growth.” Industry Week. 8, Aug. 2007. .…

    • 1774 Words
    • 8 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Toyota Motor Corporation
    • 470 Words
    • 2 Pages

    Toyota Motor Corporation

    How attractive is the automobile industry? Does the hybrid powertrain technology make the industry more or less attractive? Why?…

    • 470 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Mnc Essay
    • 1394 Words
    • 6 Pages

    Mnc Essay

    There are many big transnational corporations and Toyota Motor Corporation is one of them. They produce a full range of model offerings from mini vehicles to large trucks. In 1957 when the first prototypes of the crowns were exported to the United States Toyota had expanded the sales of the automobile across the entire globe. For more than fifty years Toyota vehicles have been sold in more than 170 countries and regions in throughout the world. They continue to develop their exports, and the localization of their bases. Their policy is “producing vehicles where the demand exists.” They have 51 bases in 26 different countries and regions. There is…

    • 1394 Words
    • 6 Pages
    Powerful Essays
    Read More
  • Good Essays

    asucar
    • 738 Words
    • 3 Pages

    asucar

    65 years ago , in 1937 , Toyota Motor Corporation was founded first as a subsidiary of Toyota Automatic Works, one of the largest manufacturers of knitting machines led by the "King of Inventions " Sakichi Toyoda . To date , Toyota is the second largest automaker in units sold and net sales. It is by far the largest Japanese car manufacturer , producing more than 4.5 million vehicles per year , equivalent to one every six seconds. But like any company , on the way there have been painful events . In 1950 Toyota suffered its first and only strike. Workers and direction out of this situation with the firm conviction that it was necessary to establish the principles of mutual trust and dependence. This is the philosophy that guides the company today. In addition to manufacturing , Toyota has an extensive network of facilities design and research and development including the three largest markets , Japan, North America and Europe.…

    • 738 Words
    • 3 Pages
    Good Essays
    Read More
  • Better Essays

    Toyota Ethical Issues
    • 1236 Words
    • 5 Pages

    Toyota Ethical Issues

    References: Cole, R. E. (2011). What really happened to Toyota? MIT Sloan Management Review, 52(4), 29-…

    • 1236 Words
    • 5 Pages
    Better Essays
    Read More
  • Best Essays

    Toyota Case
    • 3910 Words
    • 16 Pages

    Toyota Case

    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
    Read More
  • Powerful Essays

    Toyota Recall
    • 1762 Words
    • 8 Pages

    Toyota Recall

    16/03/2010, http://www.usatoday.com/money/autos/2010-01-29-toyotacts29_CV_N.htm 6. Linebaugh, K. & Shirouzu, N., 2010, Toyota Halts Sales Over Safety Issue, accessed 20/03/2010, http://online.wsj.com/article/SB20001424052748704905604575027671658649384.html 7. Pedal Recall, accessed 25/03/2010, http://www.toyota.com/recall/pedal.html 8. Toyota Motor Manufacturing, Alabama, Inc. (TMMAL), accessed 22/03/2010,…

    • 1762 Words
    • 8 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Toyota Case Study
    • 1849 Words
    • 8 Pages

    Toyota Case Study

    TOYOTA CASE STUDY Business Process Engineering And Viable System Diagnosis: Corporate Web Site Development (ISP Solutions PLC Case Study)…

    • 1849 Words
    • 8 Pages
    Powerful Essays
    Read More
  • Good Essays

    Toyota
    • 620 Words
    • 3 Pages

    Toyota

    -- Toyota No. 1 and Toyota No. 2 will have executive vice presidents in charge…

    • 620 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Toyota
    • 1280 Words
    • 6 Pages

    Toyota

    - If unbalanced – the negotiation process and outcome may be affected and the party with greater power may choose a win-lose approach, and not a mutual-gains approach…

    • 1280 Words
    • 6 Pages
    Good Essays
    Read More
  • Good Essays

    Background of Toyota
    • 1295 Words
    • 6 Pages

    Background of Toyota

    The internationalization of the company began in 1958, when Toyota started marketing cars in the United States. The first two vehicles imported to the U.S. were the Toyopet and Land Cruiser. Even though the Land Cruiser had better margins, the Toyopet set up for the strategy of a car modified specifically for the American market. We are very familiar with these models still today; they are the Avalon and the Camry. Brazil was the first country in which Toyota constructed a production plant outside of its national borders; this took place in the year of 1959. One very important philosophy the company went by was to localize both the production and the design of its vehicles. This philosophy developed long-term relationships with local suppliers and labor considering the adaptation of products to the locality of…

    • 1295 Words
    • 6 Pages
    Good Essays
    Read More

Related Topics