Toyota Corporation

Toyota Corporation

  • Submitted By: glisko
  • Date Submitted: 02/02/2009 4:52 PM
  • Category: Miscellaneous
  • Words: 1116
  • Page: 5
  • Views: 2

Toyota Motor Corporation was incorporated in 1937. (academicmind.com)Toyota Motor Corporation conducts business in the automotive industry and in the finance industries. The business segments of Toyota are automotive operations, and financial services operations. The automotive operations include design, manufacture, assembly and sales of passenger cars, recreational and sport utility vehicles, minivans and trucks and related parts and accessories. (reuters.com) In Toyota’s financial service business, it consists of providing financing to dealers and customers who purchase or lease a Toyota vehicle. The financial service also provides retail leasing through the purchase of lease contracts originated by Toyota dealers.(reuters.com) Intelligent transport systems is part of the Toyota’s automotive operations, this is a variety of information technology based systems encompassing car multimedia systems. Some of these systems include, on-board intelligent systems, advanced transportation infrastructure and logistics systems. (reuters.com) Toyota’s other operations businesses include the design and manufacture of prefabricated housing and IT-related businesses, also an e-commerce marketplace called Gazoo.com. (reuters.com)

The automotive industry is more than 100 years old. It started in Germany and France, and came of age in the U.S. in the era of mass production. Vehicle volumes, efficiency, safety, features and choice have grown steadily throughout the industry's history. (Industry week.com) The automotive industry is a major industrial and economic force worldwide. It makes 60 million cars and trucks a year, and they are responsible for almost half the world's consumption of oil. The industry employs 4 million people directly, and many more indirectly. (Industry week.com)

The automotive operation of Toyota is one of the biggest segments that the company competes in. Toyota has three major brands, Toyota, Lexus and Scion. Toyota has far exceeded the Ford...

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