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Taking a small local car manufacturer and turning it into the one of the worlds biggest car makers, , overtaking all the US giants and creating the JIT process
by drumhead 4y ago
Taking a small local car manufacturer and turning it into the one of the worlds biggest car makers, , overtaking all the US giants and creating the JIT process to revolutionise manufacturing is remarkable.
- blevin 4y agoIt really is amazing. Another way to visualize this success is to consider how physically close you are to one of Toyota’s products right now, sort of a K-nearest neighbors idea. And how many of those were manufactured in Japan, and considered notable within their category (ex: 4Runner, RAV4 Prime).
- epolanski 4y agoToyota isn't just "one of the worlds biggest car makers" it is THE biggest car maker on the planet. They sell 25% more cars than the Volkswagen group (second biggest car maker on the planet) which includes Volkswagen, SEAT, Skoda, Porsche, Bentley and Audi and 50% more than Stellantins (which includes Fiat, Citroen, Peaugeot, Jeep, Ram, Alfa Romeo, Chrysler, Opel and another 6 manufacturers). It's just impressive how many cars Toyota sells. Toyota and Lexus also generally turn buyers into recurrent customers as few brands on this planet do. If "no one got fired for buying Intel", I think it's fair to say that "no one got it wrong by buying a Toyota/Lexus". I just can't think any car manufacturer that gives you as much as Toyota for the price you pay.
- clouddrover 4y ago> They sell 25% more cars than the Volkswagen group (second biggest car maker on the planet) No. Volkswagen and Toyota are pretty even. They swap positions as the biggest car maker. Volkswagen became the biggest in 2017 but Toyota became the biggest again in 2021: https://edition.cnn.com/2021/01/28/business/toyota-volkswagen-japan-germany-intl-hnk/index.html https://edition.cnn.com/2021/01/28/business/toyota-volkswage...
- blululu 4y agoIt's even better than that: I am not a recurrent customer since my 2004 Corolla is still rolling along after all these years. Who knows maybe I'll buy another one someday, but it hasn't been an urgent priority.