Business
Toyota Motor Company, located at 1, Toyota-cho, Toyota City, Aichi 471-8571, Japan, was incorporated in 1937 as Toyota Motor Co., Ltd. It is among the forerunners in passenger car manufacturing, and is today, one of the world’s largest manufacturers of automobiles in terms of both, units sold and net sales. Since the U.S happens to be one of its biggest markets, and the company has been able to almost double its sales in comparison to Honda Motors, it competes with other U.S car manufacturers; General Motors (GM) and Ford Motors for the premier #1 position (Toyoland, 2010). However, ...