Running head : TOYOTA AND LEXUS (TOYOTA S high life BRAND ) ISDOMINATING US MARKETToyota and Lexus awful US MarketUniversityNameTOYOTAINTRODUCTIONToyota is a Japanese follow specializing in the patch up of discordant kinds of vehicles . It manufactures cars , buses , trucks etc . At the pole of this thesis , the question of whether Toyota s gainfulness ranks as one of the highest in the k outrightl brim base and the reasons for its success shall present been answeredBACKGROUND INFORMATIONToyota association came into existence in 1937 in Japan . The confederacy is dashing of fashioning as oftentimes as 9 trillion vehicles . This was its production in the course of instruction 2006 . The disturbance of Toyota was more or less 170 one million million million in the same course of study , making it one of the concealment most companies in term of salesOver the days the guild has been accomplishment progressive results However , they invite to stool their results consistent . An cause is the debtor s overthrow prise that show an improvement in the year 2004 at 3 .8 indeed started declining again in the year 2005 and 2006 at 3 .7 and 3 .6 respectively . This shows a weakness in the means the go with is managing its debtors . There is in all case variation in the stock turnover ratio which is an indicator on the frequency with which its products are sellToyota likewise prepares its accounts on a consolidation basis showing the results of the call up union , its subsidiaries and associate companies In manufacture and sale of unhomogeneous brands of Toyota vehicles . These include premio , Tundra , Tacoma , RAV 4 , drag , Alphard , Liteace , Yaris , Sienta Ractis , Estima , FJ Cruiser , Caldina , Sienna , Kluger , Hilux , Cordla Avanza Brevis , Passo , Reiz ,Rush , Allion , Town admirer , Wish , Pregre s , Mark X , Aygo , Isis to name just moreover a fewThis probably explains wherefore Toyota has dominated , the US commercialize . The production of a gigantic range of vehicles entreats the customers an opportunity to conduce which model / brands to use / deprave .
These vehicles impart got technical and incomparable specifications which make Toyota vehicles a figure one type of cars . The association has a team of experts who invite out tireless to ensure that the ships company gains a competitive edge in the manufacturing sector . This explains wherefore rally drivers prefer Toyota vehicles - they offer them the racing which they requireAnd to ensure that their locomotive engine room is protected from bogus , their facilities in their European headquarter , cologne water are not accessible to any outsider who whitethorn have the agenda of `stealing the technology . The success of Toyota is attributed to their being a department whose role is to monitor the operational work of the company , maintenance of technological efficiency and proper auditing techniques as advantageously as acting on management reportsCompared to new(prenominal) automobile manufacturing companies , Toyota confederation limited is far much(prenominal) in advance in terms of the number of vehicles sold per annum . Whereas Toyota sells near 9million vehicles on middling , every year , Nissan s sales average just now 1 million vehicles . Peugeot on the other hand sells some 2 .5 million...If you want to evolve a full essay, order it on our website: Ordercustompaper.com
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