Toyota Motor Corporation’s Post

Did you know that the highly successful Japanese car brand Toyota actually started as a loom manufacturing company? That's right, Toyota's origin story doesn't start with engines and tires, but with threads and textiles! In the early 20th century, Sakichi Toyoda founded Toyoda Automatic Loom Works, revolutionizing the weaving industry with his inventions. It was only after his son, Kiichiro Toyoda, ventured into automotive manufacturing, that Toyota Motor Corporation came into existence in the 1930s. From the clatter of looms to the roar of car engines, Toyota illustrated the power of pivoting and adapting to new markets. The transition wasn't just a leap but a calculated shift leveraging the mechanical expertise gained from loom making to automotive manufacture. This pivot eventually led Toyota to become one of the leading car manufacturers globally. The less-known part of this story is the strategic vision that powered the shift. Toyoda's loom business was capable of automatically stopping the loom if a thread broke, ensuring quality and efficiency. This principle of automation and attention to quality became a cornerstone of Toyota's automotive philosophy, famously known as the "Toyota Production System." So what's the takeaway from this nostalgic trip down the industrial memory lane? Innovation often requires us to look beyond our current market and apply our skills to a new, uncharted territory. #Toyota #Pivot #Innovation #BusinessGrowth #CareerTransition #BusinessHistory #adaptability

Toyota Motor Corporation's recent achievement of producing 300 million vehicles marks a significant milestone in the automotive industry. The company's 88-year journey from its origins as Toyoda Automatic Loom Works, Ltd. to its current position as a global automaker exemplifies Toyota's enduring commitment to quality and innovation. With the majority of vehicles manufactured in Japan and a substantial global production presence, Toyota's legacy extends worldwide. The iconic Corolla, with over 53 million units produced, stands as a testament to Toyota's dedication to excellence and global influence, solidifying its position as a leading force in the automotive sector. #BroadcastRepublic #Toyota #Automotive #GlobalAutomaker #ToyotaLegacy #DrivingTheFuture 🌐 Read More: Broadcastrepublic.com

Toyota Technical Center Shimoyama: A New Frontier in Automotive Innovation Unveiled It is a momentous occasion as the Toyota Technical Center Shimoyama research and development facility celebrated its official unveiling ceremony, marking the commencement of full-scale operations. Situated in Aichi Prefecture, the state-of-the-art facility stands as a testament to collaboration between Toyota City and Okazaki City. Its inception dates back to 2019 when construction of the country road commenced, followed by the completion of the test course in 2021. Now, in 2024, the facility emerges as a pivotal hub for the development of Lexus and GR models, solidifying its role as a cornerstone in Toyota’s pursuit of automotive excellence. At the […] - https://lnkd.in/dRaYcKtZ #automotive #evs #ev #electricmobility #emobility #ebikes #fleets #evfleet #evnews #autonews #electricvehicles #electricvehicle #automotiveindustry #automotivejobs #cleantech #cleanenergy #hydrogen #lithium #evbattery #sustainability #climatechange #asia #collaboration #japan #toyota

A Legacy of Innovation and Leadership from Looms to Leading Innovations Sakichi Toyoda: The Visionary Pioneer Born in 1867 with humble beginnings, Sakichi Toyoda's journey from a farming family to founding Toyota Industries Corporation is a testament to ambition and innovation. His commitment to improving lives led to groundbreaking inventions like the Toyoda power loom. Global Vision in the 1920s Sakichi's travels across the U.S. and Europe fueled a realization of the rising importance of automobiles. In 1926, Toyoda Automatic Loom Works was established, laying the groundwork for Toyota's entry into the automotive industry. Kiichiro Toyota: Fulfilling Dreams In the face of challenges, Kiichiro Toyota, Sakichi's son, ventured into automobile production. Despite the impact of World War II, he established Toyota Motor Company in 1937, launching the A1 and G1 models in 1935. Post-War Resilience The aftermath of World War II brought challenges, yet Toyota's resilience shone through. Kiichiro's strategic decisions during the Korean War not only saved the company from bankruptcy but also played a vital role in Japan's reconstruction. Global Expansion in the 1950s  Toyota's focus on increasing productivity in the 1950s laid the foundation for global expansion. Recognizing opportunities in the U.S. market during an oil crisis, the company introduced the Toyopet Crown, marking a shift toward fuel-efficient, affordable cars. Innovative Production Principles Toyota’s success isn't just in its cars but also in its production principles. Just in Time, Lean Management, Kanban, Jidoka, Kaizen, and Genchi Genbutsu have become industry standards, reflecting a commitment to efficiency and quality. Legacy of Excellence from overcoming wartime challenges to pioneering industry practices, Toyota's legacy is one of resilience, innovation, and a commitment to continuous improvement. Today, the company stands as a global leader in the automotive industry. #toyota #toyotaindia #automobileindustry #innovation #legacy ##leadership #KiichiroToyoda #cars #Toyotacars #EfficiencyandQuality #KanbanSystem #leanmanagement #jidoka #kaizen #GenchiGenbutsu #toyota

This is a BIG THING! Tough sledding for BYD in Europe. Not exactly sure of their product mix but we all know BEV demand is slowing for obvious reasons. It's very interesting to see MG Motors (SAIC Motor) success and the plethora of product introductions from worthy competitors. 奇瑞汽车 Chery Automobile Co.,Ltd. and other Chinese OEMs are showing signs of an aggressive approach in Europe, along with many of the legacy OEMs. Tesla (now a legacy?), Volkswagen Group, GEELY and others are all looking to Europe with it's larger appetite for EVs (hybrid, BEV). #automotive #automotiveindustry #marketing #digitalmarketing #sales #leadership #management #innovation #ecommerce #branding #ai #brand #ev #electricvehicles

🚗 Toyota: Setting the Global Standard in the Automotive Industry Introduction Toyota, a brand that stands for quality and innovation, has become a global benchmark in the automotive industry. Born in 1933 as a division of Toyoda Automatic Loom Works, Toyota has evolved into one of the world's top automobile manufacturers. The company's journey is a shining example of visionary strategies, adaptability, and an unwavering commitment to excellence. Toyota's Road to Success The success story of Toyota began with its founder, Kiichiro Toyoda, who embarked on a journey to Europe and the United States in 1929 to study automobile production. The company's first car, the Toyota AA, rolled out in 1936. Over the years, Toyota has expanded its portfolio to include a wide array of vehicles, from compact cars to SUVs, trucks, and sports cars. Challenges and Strategies Toyota's journey has been marked by challenges. The company faced skepticism about the durability and reliability of Japanese cars when it first entered the American market. However, Toyota turned these challenges into opportunities by focusing on quality, customer service, and innovation. At the heart of Toyota's operational strategy is the Toyota Production System (TPS), which emphasizes lean manufacturing and continuous improvement. The TPS has been instrumental in ensuring consistent quality and high productivity in Toyota's operations. Financially, Toyota has succeeded in maintaining a strong position in the global market. The company generated approximately $256 billion in revenue in FY 2023, primarily from its automotive business. Product Portfolio Toyota's product portfolio is diverse, encompassing everything from automobiles to textile machinery. In the automotive sector, Toyota manufactures a wide variety of vehicles, including sedans, SUVs, trucks, and hybrid cars. The company is also recognized for its innovative technologies, such as hybrid and electric vehicles. Conclusion Toyota Motor Corporation journey to becoming a global standard in the automotive industry is a testament to its commitment to quality, innovation, and customer satisfaction. The company's strategies, coupled with its diverse product portfolio and operational excellence, have enabled it to overcome challenges and achieve remarkable success #Toyota #AutomotiveIndustry #Innovation #Quality #CustomerService #ToyotaProductionSystem #LeanManufacturing #ContinuousImprovement #FinancialSuccess #ProductPortfolio #HybridCars #ElectricVehicles #OperationalExcellence #GlobalStandard #AutomobileManufacturing #TextileMachinery #Sedans #SUVs #Trucks #HybridTechnology #ElectricTechnology #Challenges #Success #Strategy #Diversity #OperationalStrategy #FinancialStrategy #ProductStrategy #GlobalMarket #CustomerSatisfaction

🤑 Leading automotive brands 🚗 shared and confirmed strategic direction changes. Here is a short summary with details on Renault Group, NIO, or Stellantis. As always, it’s my personal opinion. Please add your thoughts 💭 in the comment section below 👇. —— Staying relevant in 🇨🇳 China: 👉 Volkswagen Group China announced to develop the China Main Platform with partners 🤝 like XPENG to reach a speed and cost advantage in the race to stay relevant in China. 👉 In parallel, AUDI AG is joining forces with SAIC Motor to develop models jointly on a platform called Advanced Digitized Platform ⚡️👾. The first model should hit the market in 2025. 👉 Tesla ⚡️ is ramping up its efforts to partner with domestic tech giants like Baidu, Inc. and to apply for the ADAS licenses to launch the L2 ADAS in China, as Navigate on Autopilot are the top battle ground of domestic brands. 👉 NIO has finally launched their volume brand Onvo 💸, competitor XPeng is preparing the same move. The narrative is to scale high by going lower with a new brand that could be tailored to customer expectations but relies on existing tech and infrastructure. —— ⚡️ Entry EV model for Europe: 👉 Renault Group is eventually partnering with GEELY to develop the electric ⚡️ Twingo, after the discussions with European OEMs went nowhere. The model should be launched in 2026. Curious 😬 to learn if it was a tactical approach by Renault to improve the position in the discussions to negotiate in parallel. 👉 Volkswagen announced ahead of the latest annual general meeting to develop the below € 20k ($ 22k) model ⚡️ without other OEMs. Most likely the volume brands Škoda Auto Volkswagen and Cupra will launch derivatives from 2027. 👉 Stellantis has chosen a faster approach. The models of Leapmotor 🇨🇳 will go on sale this fall in Europe. Stellantis is a shareholder (21%) of the Chinese OEM, Leapmotor is developing software defined vehicles 🚗 for the entry segment. —— 🤑 Cost reduction to stay competitive: 👉 Renault Group and Geely formalized their ICE joint venture 🤝, called HORSE. The JV will produce around 5 million powertrain units per year for brands like Volvo, Renault, Dacia, Nissan or Mitsubishi. It’s all about scaling non differentiating tech to reduce unit costs. 👉 OEMs are under pressure to launch affordable EVs. This is generating pressure 😱 on the suppliers like Magna International, ZF Group, Continental or Bosch. As margins are squeezed 🤑 to zero, suppliers have no other choice than moving the value creation to best cost countries or subsidized areas. 👉 Interesting move by Mercedes-Benz AG: cut at the top 🏅, in my point of view it’s contrary to the mission of becoming the most luxurious car brand ecosystem. The EA.MB platform version for the next electric ⚡️ S-Class and related SUVs was stopped to reduce the R&D cost load. Next gen coild be launched on an updated EVA platform. Exciting and dynamic times ahead … 🤩 #cars #automotive #strategy

Here's an interesting take on Toyota: Toyota sold more than 11 million vehicles in 2023 globally. The company maintained the top spot of selling the most vehicles for the fourth consecutive year. It is also the second most valued automobile company in the world. Toyota's successful implementation of lean manufacturing and unique production techniques is often a topic of discussion. However, it is important to note that Toyota has also achieved great success in launching cars for every consumer segment while simultaneously maintaining a great brand perception for each segment. For the sake of simplicity if we consider the Indian market, Toyota cars are available in different price ranges such as INR 6-10L, 10-20L, 20-50L, 50L-1Cr, 1Cr-3Cr. Interestingly, whether someone purchases a Toyota Land Cruiser or a Glanza, there isn't a feeling of superiority or inferiority in the perception of the Toyota brand. There are obviously other factors like exports, strategic partnerships in different geographies, dominance in North America etc. behind the brand's success. But this level of brand positioning is no less than an art. #BrandPositioning #Toyota #Strategy

The promotion of clean energy has brought about a reshuffle in the automobile market. Electric vehicles are undoubtedly the dominant direction of future automobiles. What we need to do is to provide a complete charging facility network for electric vehicles.

Ford Motor Company General Motors Rivian Volkswagen Group Stellantis Toyota North America #automation #automotive #business #supplychain It may be a bit pre-mature to be casting out the US automotive manufacturing industry. The environment has favored Chinas manufacturing practices for a number of years. The ev market is saturated with vehicles made in China. They are the ones that need to push government subsidized vehicles. The belt and road has been successful, as has BRICS. But the ability of China to control the semi-conductor supply chain may be their biggest challenge to deal with. Flooding the market with vehicles does not mean they are sold. China is sitting on inventory, and the glut has been logistically shifted to Europe. Their flooding the market does not reflect dominance. It reflects finished goods inventory that is on the books exposing a lack of strength, that very likely will be absorbed by subsidies and continued sales at below cost dollars per vehicle. China is driving the global strategy. Don't count out Ford or GM or any other players that have had to adjust to the Chinese playing field. It is leveling out; The US consumer is about to turn to the US automakers to fill their garages.