V
V
HISTORY OF TOYOTA
INTERNATIONALLY
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- diichiro
Toyoda.diichiro Toyoda had travelled to
Europe and the United States in 1929 to
investigate automobile production and had
begun researching gasoline-powered engines
in 1930.He was encouraged to develop
automobile
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.After the world war II,
commercial passenger car production started
in 1947 with the model SA
TOYOTA͛S 1 ST AUTOMOBILES
A1
G1 TRUCd
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MISSION
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COMPANY͛S CORPORATE GOALS
TO CAPTURE THE AUTOMOBILE MARdET
PRODUCE ENIRONMENTALLY AND SOCIALLY SAFE
CARS
EERY NEW PRODUCTION PLANT AND PRODUCT
MUST BE MORE EFFICIENT THAN THE PLANTS AND
PRODUCTS LAST BUILD
TO STEADILY INCREASE CORPORATE ALUE AS A TOP
MANAGEMENT PRIORITY,
CONTINUE TO INTRODUCE AND PRODUCE
PRODUCTS THAT FULLY CATER TO CUSTOMER NEEDS
TO BECOME AN EEN MORE COMPETITIE GLOBAL
COMPANY(TMC, 2006)
COMPANY DEPARTMENTAL GOALS
PRODUCTION MUST BE ACCORDING TO THE
COMPANY͛S ISION
COORDINATION OF DEPARTMENTS
CLEAN AND SAFE ENIRONMENT
TEAMWORd
COMBINING PERFECTION AND ART TOGETHER
CONSUMING LESS INPUTS,SHOWING MORE OUTPUT
COMPLETION OF WORd WITHIN STANDARD TIME SET
BY COMPANY
WORdING WITH SINCERNESS AND DIGNITY
COMPANY͛S ENIRONMENTAL
ANALYSIS
(SWOT ANALYSIS)
{ {
:
BRAND IMAGE
MARdET LEADERSHIP
EASY AAILABILITY OF SPARE PARTS
DEALERSHIP NETWORd
SUITABLE FOR RURAL AREA
:
ALWAYS CHARGE THE PREMIUM PRICE
MANAGEMENT CONTROL BY LOCAL PARTNER
DIERSITY OF CULTURE IN WORdERS
EXTERNAL ANALYSIS
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Innovation -first to develop commercial mass-produced hybrid gas-
electric vehicles (gas and electric), e.g. Prius model. Based on
advanced technologies and R&D activity. With oil prices at an all
time high - this investment and widening of product portfolio fits
consumers looking to alternative sources of fuels away from gas
guzzling cars.
To expand more aggressively into new segments of the market. The
launch of Aygo model by Toyota is intended to take market share in
youth market.
To produce cars which are more fuel efficient, have greater
performance and less impact on the environment.
To develop new cars which respond to social and institutional needs
and wants. The development of electric cars, hybrid fuels, and
components reduces the impact on the environment. Toyota's Eco-
ehicle Assessment System (Eco-AS) has helped in production,
usage, and disposal.
Continued global expansion - especially in the emerging markets
e.g. China and India, Russia, where population and demand is
accelerating.
Saturation and increased competition, intense marketing campaigns
increasing competitive pressures.
Shifts in the exchange rates affecting profits and cost of raw
materials.
Predictions of a downturn in the economy e.g. recession, will affect
car purchases (especially new cars). As household budgets tighten -
this could lead a decline in new car sales and possible rationalization
of dealerships.
Changing demographics e.g. number of large families is declining.
Undermining the demand for large family cars.
Changing usage - families using the car less for taking children to
schools. Home deliveries. Businesses - restricting business travel
(tele-conferencing). Governments encouraging alternative forms of
transport - cycling and incentives to use public transport across
Europe.
Rising oil prices (fuel costs) and the costs of maintaining cars.
Increase in families who have chosen not to own a car, or decided to
use their car less.
PEST ANALYSIS
POLITICAL FACTOR
ECONOMIC FACTOR
SOCIOCULTURE FACTOR
TECHNOLOGICAL FACTOR
POLITICAL FACTOR
In political factor you must consider issues such as:
1.How stable is the political environment?
2.Will government policy influence laws that
regulate or tax your business?
3.What is the government's position on marketing
ethics?
{
1. Interest rates.
2. The level of inflation Employment level per
capita.
3. Long-term prospects for the economy Gross
Domestic Product (GDP) per capita, and so on.
{
Factors include :