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Started in 1933 being a division of Toyoda Automatic Loom works. 1934 - produced its first Type A Engine. Resemblance to the Dodge Power Wagon and Chevrolet.
In 1956, the Toyopet dealer chain was established. In 1957, the Crown became the first Japanese car to be exported to the United states of America. Entry into united states. Toyota came back strong in 1965 with the popular 90-horsepower Corona sedan.
Toyota reported a double-digit decline in sales. For Toyota, these were attributed mainly to slow sales of its Tundra pick up, as well as shortages of its fuel-efficient vehicles such as the Corolla and Prius
Subsequently introduced worldwide in 2001 The U.S. is the largest market, with 1 million Prius sold by early April 2011. The first generation Prius, at its launch, became the world's first massproduced gasolineelectric hybrid car
US safety regulators opened a formal investigation today.The company is already reeling from a recall of 8.1m cars worldwide because of accelerator pedals that stick down causing vehicles to speed out of control. According to the UK government, worldwide the accelerator problem is likely to cost the company 1.3bn in repairs and lost sales.
The Reuters news agency reported the Nikkei newspaper in Japan stating the recall would be announced in conjunction with Japan's transport ministry and the US department of transportation.
So why is its hard-won reputation still facing the biggest challenge in its corporate history?.......
Mistakes
Perceived delay in decision making Cultural flaws Crisis struck at the essence of its reputation Toyota has built its reputation on quality and reliability, and anything that calls this into question is especially threatening!
Cadbury
Mattel
Eurostar
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MATTEL
In year 2007, Mattel faced safety concerns about its toys
Mattels CEO devoted weeks to communicating the steps company was taking to address the issue Results, its brand still remains strong.
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EUROSTAR
Chief Executive, in situation of crisis should neither be absent from public eye nor be main spokes person. Euro Stars trains broke down in the Channel tunnel over Christmas
Euro Stars CEO, like Toyotas GB Managing Director, fumbled his way through media interviews.