TOYOTA

Toyota



Toyota

It is impossible to list all Toyota's successes, but let's see some of them: $ 6.7 bn net profit, half of domestic production is going on export, half of the 60 million global car industry outputs are made by Toyota… But, I am truly surprised with their Organizational culture, The Toyota Production System (TPS) was developed between 1945 and 1970 and it is still evolving today. The 1973 oil crisis hit Japan at least as hard as it hit America and Europe. By 1974, Japan's economy had collapsed to a state of nought growth. At Toyota Motor Company, although ...