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Toyota Success Recipe

- by Shine Jose Manjooran *

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Toyota earns $1250 per vehicle produced while GM loses $2311 per vehicle produced. Toyota is producing nearly 50 percent more cars than in 2001 and this year it will almost certainly pass General Motors to become the world's largest auto company. Toyota alone earned more than all the rest of the world's 12 largest auto manufacturers combined - $11.4 billion. And it is pioneering a new technology for the 21st century that will shrink gasoline consumption and limit greenhouse gases.

FORTUNE GLOBAL 500 (Year 2005)
Toyota Motor
Rank: 7 (2004 Rank: 8)
Employees: 265,753

  $ millions % change from 2003
   Revenues 172,616.3    12.7   
   Profits 10,898.2    5.9   
   Assets 227,512.9    --   

Rank Company 500 Rank Revenues ($ millions)
   1.    General Motors 5    193,517   
   2.    DaimlerChrysler 6    176,688   
   3.    Toyota Motor 7    172,616   
   4.    Ford Motor 8    172,233   
   5.    Volkswagen 15    110,649   
   6.    Honda Motor 27    80,487   
   7.    Nissan Motor 29    79,800   
Source: http://money.cnn.com/magazines/fortune/global500/snapshots/1445.html

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* Contributed by -
Shine Jose Manjooran,
Ist Year - PGDBM,
XIME, Bangalore.


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