Written Assignment 1

Toyota Motor Corporation is a Japanese company which originated in Japan and which produces automobiles. It currently ranks first among automotive companies in net worth, revenue and profit. Toyota has grown to a large multinational corporation and expanded to serve worldwide market. Today, Toyota constitutes one of the most known worldwide retailers. The history of Toyota begins in the end of 19th century, when Sakichi Toyoda invented the first electrically driven loom in Japan; with this, he created a revolution in the textile industry. In 1918, the Toyoda Spinning and Weaving Company were created. And for 1926, with the help of his son, Kiichiro Toyoda, Toyoda Automatic Loom Works was founded. Driven by his interest for the car industry, Kiichiro Toyoda sold the textile manufacturer, and in 1937 he created Toyota Motor Corporation TMC (automaker).   [ (Toyota Motor North America, 2010) ]
“For more than 25 years, Toyota Technical Center (TTC) has been the driving force behind Toyota's North American Engineering and Research and Development activities, administrating the design and development of vehicles. TTC is a division of Toyota Motor Engineering & Manufacturing North America, Inc.” (Toyota Motor North America, 2010)
“Headquartered in Ann Arbor, Michigan, TTC is engaged in engineering design, prototype building, vehicle evaluation, evaluation and design of parts and materials, regulatory affairs, emissions certification and technical research. Throughout our North American facilities TTC is committed to utilizing teamwork to bring all facets of the TTC operation together. TTC is widely regarded as Toyota's leading technical center outside Japan.”   [ (Toyota Motor North America, 2010) ]
Toyota, being one of the world’s leaders in car manufacturing, needs to take into consideration the recent economic trends and the recent global recalls made by Toyota, and modify its production to new conditions defined by the process of...