Toyota relocation to Burnaston Flashcards

1
Q

3 causes of relocation

A

1992 EU quota means necessary to fulfil demand
Burnaston has skilled and productive labour force, lower cost than Japan
Burnaston offered £20million investment into plant construction of A50 and Japanese added to curriculum w/ assistance in population relocation

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2
Q

6 advantages/successes of plant

A

ASS+A50 roads built
Lean production instead of mass prevents deflation
Multiplier effect from £250million wages injection
Benefits UK periphery firms as 80% of manufacture process done with local materials as part of EU agreement
Corporate responsibility means 17,000photovoltaic panels
1million hybrid cars sold in Europe represents environmental benefits

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3
Q

Issues with plant

A

60% of Toyota’s exported causing GB manufacture to suffer
Since introduction Ford, Vauxhall and Rover have gone bankrupt
Loss of Japanese jobs

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4
Q

Criticism of Toyota blame for UK car industry failure

A

GB manufacture failure can be attributed to poor efficiency and therefore elimination ‘creative destruction’

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