General Motors vs. Toyota
General Motors, a European car company, and Toyota, a Japanese car company, are competing for worldwide supremacy in the manufacture of automobiles. However, as with any competition, are factors that make one superior from the other. And in the case of General Motors and Toyota, if I were an investor, I will choose to invest with Toyota. Following is a discussion on why it is more ideal to invest in Toyota than in General Motors during these days.
The first thing that investors usually consider when trying to invest in a particular business is the marketability of a company's products and how those products do in the international market. This is important because it is the products' ability to fit in the diverse consumer markets where the success of a company lies. As with General Motors and Toyota, the latter currently fulfills this strategy. This is indicated by several events that demonstrate the success of Toyota. One of the significant...
Still, the future stated goal of GM is to develop an electric or hybrid version in all of its existing brands lines -- Chevrolet, Cadillac, Buick and GMC. Outcome of changes GM's most notable success has been overseas, where it is currently ahead of all of its competitors in the rapidly expanding Chinese market. "While GM is outpacing Ford in overseas competition, GM cannot solely depend on China for growth. While
However, certain elements of the Toyota Production System must be re-evaluated, particularly the conception of waste. If the principles of CCC21 and Value Innovation were based on the concept that production materials could be halved because they amounted to waste, those initiatives should be discarded. Ideally, Toyota should utilize 100% of the materials that it used prior to CCC21, when all of its quality issues began. The cost-benefit analysis of
12. It has not been implemented in a wide enough spectrum to really gain the attention of parents on a national level. 13. Marketing towards one single brand image sometimes limits a company's capability to market its diversified product line. 14. Targeting previous customers through follow up ay waster valuable resources. T h r e a t s 1. Utilize the global Toyota presence to keep financial budgets and cash flows under control. 2. If
This should always be the case and bad things will happen again if Toyota stumbles. The fact that Toyota is not a domestic car maker will be used against them by opportunists. Dealer/Parts Network A struggle that has been encountered by many car makers is the "complex web" (as the case study calls it) of dealers, parts suppliers, offices and so forth that have to be managed when running a car
Such a program would not only boost consumer confidence: if drivers did not have any problems after the repairs, this would also repair the public's trust in the Toyota brand. Concern 2: Mistrust of flagship electric car model the Prius Perhaps even more damaging have been the problems with Toyota's flagship electric car model, the Prius. The Prius has also been accused of unstoppable, unintended acceleration. Toyota had become synonymous with
Toyota has a number of key business drivers that contribute to its longstanding global success. One of those key drivers is its supply-chain management. Developed by Taiichi Ohno and Shigeo Shingo in the 1940's, its lean manufacturing style gained the interest of competitors worldwide. The main components that make such a supply-chain management successful for Toyota was interlocking structures, compatible capabilities, joint improvement activities, mutual trust and understanding, learning and
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