...topics in the first assignment was a discussion on the decline of Honda and Toyota’s failure to dominate America’s sedan market. It was explained in the article entitled Honda Fails with Toyota to Dominate American Sedan Market: Cars from the website www.businessweek.com; that the dominance of the two major Japanese car makers among U.S. small car and family sedan car market is shifting. The Los Angeles Times has a similar article involving the same two auto makers: Toyota and Honda. The article is entitled Honda, Ford Pass Toyota; the Two Car Brands Rank at the Top of a Consumer Report Survey on Quality. The article was written by a Jerry Hirsch. Hirsch explains that Toyota has been toppled as the leading top-quality automaker, with consumers now looking more favorably on Honda and Ford; this he states is from the Consumer Reports ‘2011 Car Brand Perception Survey (2011, p.12). “A series of massive recalls over the past 18 months has tarnished Toyota’s reputations for quality” (Hirsch, 2011, p.12). According to Hirsch, the Consumer Reports survey ranked Honda first, Ford second, and Toyota finished third (2011, p. 13). Ford has moved up in public perception while Toyota has declined. The Ford brand has outsold Toyota’s line of vehicles last year for the first time since 2006 (Hirsch, 2011). The purpose of this research article was to report and explain to average consumers and businesses alike; that Toyota, a household name among many in the U.S. for reliability is now...
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...Toyota Payment Options Toyota Financial Services offers you the following payment methods. Pay Online This flexible, free and convenient service allows you to schedule payments online using your bank account. You can schedule a one-time or recurring payment. To use Pay Online, you'll need your full bank account number, including your bank's routing number. To start using Pay Online, follow these steps: 1. Log in to your TFS Account. 2. Click "Payments" at the top and then on "Enroll in Online Payments". If you have not already signed up for a TFS Account, Register Now . Automatic Payments Sign up for the TFS AutoCheque Program, and your monthly vehicle payment is automatically deducted from the bank account you designate. Just fill out an application and we'll get you started. Download an AutoCheque Form in PDF format. To view PDF files you will need Adobe Acrobat ReaderTM Payment by Mail Mail your check along with your statement to the payment address listed on the monthly statement. If your statement is not available and you are not sure where to send your vehicle payment, see Where to Mail Your Payment for address details. Payment by Phone Our automated phone payment system will walk you through the steps needed to make a payment. You can make a payment 24 hours a day by calling (800) 874-8822. There may be a convenience fee associated with phone payments. For further details and program Terms and Conditions, consult the Toyota...
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...Head to Head Comparison of the Honda Civic and Toyota Corolla Patrick Nolasco June 25, 2014 Audience: College Graduates Table of Contents Executive Summary 1 Introduction 2 Purpose, Scope and Methodology 2 Efficiency 3 Safety 4 Overall Cost 5 Conclusion 7 Recommendation 7 Works Cited 8 The 2014 Honda Civic The 2014 Toyota Corolla Executive Summary The following report compares and contrasts the 2014 versions of the Honda Civic and Toyota in various criteria with the focus in mind to be for college graduates. That means, it values efficiency and affordability over luxury and features. Out of college, graduates are usually dirt poor because of the vast amount of student loans. Some also even struggle to find jobs, but its important to be able to have self-transportation whenever possible. So, because of the financial status college graduates are in, its important to note that this report was based on lower costing cars like the Civic and Corolla, while also maintaining a standard of safety and professionalism. By aggregating information from various automobile evaluation outlets and also information directly from the manufacturers’ websites, I was able to observe accurate depictions of what each car has to offer. In the report I reviewed gas efficiency, safety, and lastly overall cost. Each of the media outlets I looked at, even the cars websites themselves offered a fair amount of information that added up and was consistent. After reading...
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...negative at -1% and 137,133 units. After being passed by the Suzuki Mehran last month, the Toyota Corolla reclaims the Pakistani models ranking top spot in October with 2,155 sales and 22.9% share, still below its 2012 year-to-date level though (25.8%). The Suzuki Mehran (aka Maruti 800) is down to #2 but at 2,052 units and 21.8% it is well above its 2012 share of 20.1%. Like last month, the Suzuki Cultus (aka 1st gen Swift) rounds up the podium with 987 sales and 10.5% vs. #5 and 8% year-to-date. Both the Honda Civic at #5 and 8.6% and City at #6 and 8.3% confirm they are back in the game with shares well above their 2012 levels so far. http://bestsellingcarsblog.com/2012/01/12/pakistan-full-year-2011-toyota-corolla-leads-suzuki-mehran-up/ Full Year 2011 and December 2011 Top 10 Ranking Tables below. Pakistan Full Year 2011: Pos | Model | 2011 | % | /10 | 2010 | % | Pos | 1 | Toyota Corolla | 42,414 | 26.5% | -4% | 44,098 | 29.7% | 1 | 2 | Suzuki Mehran | 29,542 | 18.4% | 28% | 23,117 | 15.6% | 2 | 3 | Suzuki Bolan | 15,676 | 9.8% | 23% | 12,701 | 8.6% | 4 | 4 | Suzuki Ravi | 14,973 | 9.3% | 5% | 14,276 | 9.6% | 3 | 5 | Suzuki Alto | 12,949 | 8.1% | 12% | 11,533 | 7.8% | 6 | 6 | Suzuki Cultus | 12,863 | 8.0% | 3% | 12,519 | 8.4% | 5 | 7 | Honda City | 7,726 | 4.8% | -12% | 8,810 | 5.9% | 7 | 8 | Suzuki Swift | 5,855 | 3.7% | 53% | 3,823 | 2.6% | 10 | 9 | Honda Civic |...
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...Covering Fourth Quarter 2014 Volume 15, Number 1 San Diego Auto Outlook Comprehensive information on the San Diego County new vehicle market FORECAST Small Increase Predicted for County New Vehicle Market in ‘15 This year’s increase follows the 5.6% improvement in 2014; market is up 90% between ‘09 and ‘14! Forecasting automotive sales is a delicate balancing act. There are frequently conflicting indicators that can provide mixed signals on future market conditions. The trick is identifying these trends, separating the meaningful from the meaningless, and forming a consensus on where the market is headed. Below, we identify the key positive and negative forces that are likely to impact the market in 2015. Forces leading the market higher • Low interest rates and mild inflation growth have kept new vehicle affordability at historically strong levels. Many economists are expecting a slight increase in interest rates in 2015, but wages are likely to move higher and gas prices have fallen, which should give a boost to disposable incomes. • Payrolls grew steadily during 2014, and the majority of labor market economists are expecting this trend to continue in 2015. Employment levels have been posting impressive increases, while the unemployment rate is down considerably from the highs in 2009. Increasing employment is an obvious plus for new vehicle sales. • Pent up demand and benefits to “upgrade” should continue to give the market a boost. The...
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...Supplier Development at Honda, Nissan and Toyota: Comparative Case Studies of Organizational Capability Enhancement* Mari Sako Professor of Management Studies Said Business School University of Oxford Park End Street Oxford OX1 1HP, UK Email mari.sako@sbs.ox.ac.uk October 2002 * This study was funded by the International Motor Vehicle Program (IMVP), the UK Economic and Social Research Council, and the Japan Foundation. I am grateful to the interviewees at the three automakers and suppliers who gave generously of their time. I also appreciate the comments of many colleagues, and in particular those of Bill Lazonick. Abstract What factors facilitate and constrain the development and replication of organizational capabilities at suppliers? This question is addressed in a comparison of historical case studies at Toyota, Nissan and Honda in Japan. First, as expected, replication difficulty is overcome by enabling companies to share the process of accumulating tacit knowledge. Second, the interdependence in the hierarchy of routines, that constitute organizational capabilities, has led companies to broaden the scope of supplier development. Third, this broadening challenges suppliers to accept buyer companies’ intervention in internal investment decisions, requiring a certain type of corporate governance. It is argued that the boundary of a capability-based organization may go beyond legally distinct units of financial control when firms are subjected to a cumulative process...
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...Chery Auto's Success Story (BSTR 377) ------------------------------------------------- Abstract: China based Chery Automobile is one of the top ten car manufacturers and the leading exporter of cars in the country. Started as an automotive company by the Wuhu government in 1997, Chery designed engines for cars. After finding no buyers for its engines, it decided to build its own car. Chery entered into tie-up with another automotive company which had license to sell cars to retail customers in China. After obtaining its own license, Chery implemented a four-phase strategy to develop its technical strengths. Chery started exporting cars as early as 2001 and became the largest exporter of cars among the Chinese car companies. Chery expanded globally to have its presence in over 70 countries by 2009. | | ------------------------------------------------- Issues: » Study and analyze the competitive strategies of Chinese automobile companies. » Understand how Chery Auto used available resources effectively to manufacture cars. » Examine how a startup company could develop R&D capabilities by collaborating with other firms. » Study the globalization strategies of Chery Auto. » Evaluate the challenges faced by Chery Auto in the near future. ------------------------------------------------- Contents: | Page No. | Introduction | 1 | Background Note | 2 | The Growth Strategy | 3 | Going Global | 5 | The Challenges | 7 | The Road Ahead | 9 | ...
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...Porter’s Five Forces Bargaining Power of Supplier (Moderate) Toyota has different supplier for different parts of the automobile. Some of the suppliers are: - KEIPER: a supplier of rear seat assembly locks - TAC Manufacturing: a supplier for shift lever knobs - Tenneco: a supplier of exhaust components - Bridgestone: a supplier of tires - Samsung Electronics: creating a car mode App The suppliers for Toyota play a vital role in production. But, there are moderate population of suppliers and high overall supply. The limited population of suppliers can affect the production of Toyota. Because of the limited population, the bargaining power of supplier is high, but the high availability of supply used for manufacturing toyota’s products weakens the suppliers’ power. Thus, the bargaining power of supplier is moderate. Bargaining Power of Buyer (High) Toyota’s aim is to serve the middle income customer because the cars that they produce are affordable. The buyer purchase small volume of the products because cars are expensive. Because its aim is to serve middle income customers, toyota’s have a lot of buyer because the population of middle income customers is more than high income customers. The product is worthy because the quality is good, the price is affordable, toyota has its own mantainance service and the secondhand’s price is good. The switching costs is low because customers can easily change from toyota to competing firms at no extra cost. The customers have accurate...
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...Toyota is a well-known brand, especially to me because I have a Toyota Camry that I love. I wanted to learn more about the green marketing strategy, and I decided to focus mostly on the Prius marketing strategies, as it is a “green” vehicle and becoming very popular. The Toyota Prius provides a concrete case study of this truth. While the biggest product differentiation of the Prius is a fuel efficient, hybrid engine, most people do not buy it because it is eco-friendly. We assert that Toyota succeeded by marketing the Prius on multiple factors including the potential for gas savings, appeal to those who desire the latest technology, crossing into multiple market segments, and keeping the car practical, attractive, and functional. If they had appealed solely on impact to the environment, they would have failed to generate significant market penetration. Toyota did not set out to create a hybrid car. Rather, the Chairman Eiji Toyoda was concerned about the increasing popularity of larger cars and of the effect it would have on pollution levels in increasingly congested cities. He was concerned about the threat of peak oil looming and believed that the traditional internal combustion engine would not successfully carry Toyota into the next century. It was a year into that effort that Toyota decided to adapt a hybrid approach to creating a car with a lower impact on the environment. Toyota was cautious in entering the American market (Itazaki, 1999). Toyota's first step was...
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...MMGP: Research Paper Group 2 Abstract This paper will provide an in-depth analysis of the Toyota Prius from a Marketing viewpoint. The research provides background information, market analysis, branding, services/ pricing and promotional information regarding the Toyota Prius. This paper provides the decision making and analytical processes necessary to implement a successful marketing program for the Toyota Prius. Description The Toyota Prius is considered a full size hybrid electric mid-size hatchback. The Prius design offers comfortable seating for five and has impressive cargo space, something lacking with its competitors. The Prius has an estimated fuel-efficiency rating of 50 mpg, when using the U.S. EPA combined cycle. This car is on the top of the list for the most fuel efficient cars on the market. With rising gas prices, this fuel efficient car is the most popular hybrid available to consumers today. The overall design of the Prius is characterized by a streamlined nose and curved roofline. This vehicle carries an impressive base price of about $19,000.00. The Prius has several models and trim packages to choose from allowing the customer more options in the current hybrid market. They have a standard model with a hatchback, a compact version and a new station wagon called the Prius V. “According to Hybrid Car Review (2012), “Toyota’s Hybrid Synergy Drive System allows the Prius V to travel at “in town” speeds on electric power alone. Sensors...
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...SAE TECHNICAL PAPER SERIES 2003-01-2307 A Comparative Study of the Production Applications of Hybrid Electric Powertrains Harry L. Husted Delphi Corporation Reprinted From: Hybrid Vehicle and Energy Storage Technologies (SP-1789) Future Transportation Technology Conference Costa Mesa, California June 23-25, 2003 400 Commonwealth Drive, Warrendale, PA 15096-0001 U.S.A. Tel: (724) 776-4841 Fax: (724) 776-5760 Web: www.sae.org All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of SAE. For permission and licensing requests contact: SAE Permissions 400 Commonwealth Drive Warrendale, PA 15096-0001-USA Email: permissions@sae.org Fax: 724-772-4891 Tel: 724-772-4028 For multiple print copies contact: SAE Customer Service Tel: 877-606-7323 (inside USA and Canada) Tel: 724-776-4970 (outside USA) Fax: 724-776-1615 Email: CustomerService@sae.org ISSN 0148-7191 Copyright © 2003 SAE International Positions and opinions advanced in this paper are those of the author(s) and not necessarily those of SAE. The author is solely responsible for the content of the paper. A process is available by which discussions will be printed with the paper if it is published in SAE Transactions. Persons wishing to submit papers to be considered for presentation or publication by SAE should send the manuscript...
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...Tohoku Aftermath on the WW Automotive Industry Market Researcher IHS iSuppli has come out with loss estimates from the earthquake and tsunami, correlating them to GDP. The Japanese GDP is estimated at $5.5 Trillion. It is the third largest, and around 8% of the WW economy. IHS iSuppli estimates suggest that if loss is around $250 Billion, the rebuild expense will be around $190 Billion. On the other hand, the World Bank estimates that the Japanese earthquake and resulting tsunami could cost the Asian economy up to $235 Billion. Key risk factors for the Japanese economy are the uncertainty over the nuclear plant at Fukushima (any meltdown/significant incident) and continued shortages of electricity, plus the time taken to repair the significant damage to infrastructure. Combined, these can affect the Japanese industry’s attempts to get back on track. iSuppli’s current GDP forecasts show a lowered outlook for 2011 versus its earlier estimates, followed by a stronger outlook in 2012. Japanese economy may see an output drop over the next few months, followed by a sharp rebound once reconstruction gets underway. Year | Pre-quake GDP Growth | Post-quake GDP Growth | 2011 | 1.3% | 0.8% | 2012 | 1.8% | 3.5% | 2013 | 1.9% | 1.4% | Source: IHS iSuppli, March 2011 iSuppli estimates that Japans’ debt to GDP ratio may rise by a percentage point, by end 2014, moving to 205% (from 204%). In other words, the ratio is unlikely to affect financing, unless it approaches a tipping point...
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...UK AUTOMOTIVE AT A GLANCE UK AUTOMOTIVE INDUSTRY: PROFILE MANUFACTURING THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS MOTOR INDUSTRY FACTS 2014 REGISTRATIONS VEHICLES ON THE ROAD ENVIRONMENT CONTENTS WHAT IS SMMT? The Society of Motor Manufacturers and Traders (SMMT) supports and promotes the interests of the UK automotive industry at home and abroad. Working closely with member companies, SMMT acts as the voice of the motor industry, promoting its position to government, stakeholders and the media. SMMT represents more than 600 automotive companies in the UK, providing its members with a forum to voice opinions on issues affecting the automotive sector, guiding strategies and building positive relationships with government and regulatory authorities. As one of the largest and most influential trade associations operating in the UK, SMMT’s resources, reputation and unrivalled automotive data place it at the heart of the UK automotive industry. UK AUTOMOTIVE AT A GLANCE UK AUTOMOTIVE INDUSTRY: PROFILE MANUFACTURING REGISTRATIONS To find out how to join SMMT and for more information, visit www.smmt.co.uk/memberservices or e-mail membership@smmt.co.uk. VEHICLES ON THE ROAD ENVIRONMENT www.smmt.co.uk CONTENTS 02 CONTENTS UK AUTOMOTIVE AT A GLANCE ................................. 4-5 REGISTRATIONS ........................................................ 16 Cars by fuel type ......................................................
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...Transcript * 1. TOYOTA MOTOR MANUFACTURING INC. U.S.A Prepared By – Ashwin Mehta – 313 Pratik Mehta – 314 Ishaan Parekh – 315 Ankit shah – 317 Dishank Shah – 318 Fenil Shah - 319 * 2. Agenda Current Scenario Problems Faced Analysis Suggestions and recommendations Risks and contingencies * 3. Current Scenario • Toyota Motors Manufacturing (TMM) faces increasing problems with its seat supply. • Kentucky Framed Seat (KFS), is a single seat supplier for TMM. • KFS is responsible for the material flaws and missing parts as the major encountered defects. • These problems are increasingly occurring with an increase in varieties and demand for the seats. * 4. Problems Faced • Product proliferation problems with defective seats. • Company’s deviation from its normal production plan and lack of a recovery system. • Run ratio dropped from 95% to 85%. • This means 45 less cars were being produced per shift. • This translated in overtime of workers. • Too many cars needed off-line operations of one type or the another before they could go on shipping. * 5. Questions Raised • Will the sales company get cars on time as promised? • What does it mean to implement JIT and Jidoka principles to this situation? • Is TMM handling seat defects correctly on the line? • Is the current routine for handling seat-defect cars really a legitimate exception to TPS, or could it be a dangerous deviation from TPS? • Is there a way to kaizen TMM’s off-line routine? * 6. Analysis...
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...Proceedings of the 2012 International Conference on Industrial Engineering and Operations Management Istanbul, Turkey, July 3 – 6, 2012 Car Recalls: A Problem Unique to Toyota or For All Car Makers? Kamrul Ahsan School of Management and Information Systems, Faculty of Business and Law Victoria University Australia Abstract Often automobile recalls are drawing media and public attention. Influenced by Toyota’s recent automobile recalls 2009-2010 this research conducts an empirical study on historical car recalls. The research uses secondary data from recall websites maintained by public and private organizations. For different car model year and manufacturer the study looks at frequency of recalls, recorded customer complaints, and yearly sales data. Analysis shows recalls are a common event with the majority of recalls initiated by only a few car makers. Though car makers use many eye catching and popular quality and customer care slogans and programs, many popular car makers still face valid customer complaints and consequently face many unwanted recalls. This study identifies that most recalls occur during the first five years of the car model year. This preliminary study of automobile recalls can be further extended at a later stage to identify key causes of recall. Keywords Product recalls, Reverse logistics, car recalls, product returns, closed loop supply chain 1. Introduction Though manufacturers use state-of-the-art operations philosophies, tools and techniques...
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