๐ TPP CASE STUDY - Toyota Flashcards
Where was Toyota first established?
Japan 1937
In 1959 its first overseas plant opened in Brazil
What had Toyota achieved by 2004?
- It was the 1/3 largest manufacturer producing 1 VEHICLE every 6 SECONDS
- 12 PLANTS and 11 SUBSIDIARY companies in Japan
- 51 manufacturing companies in 26 COUNTRIES
- Employs 250,000 worldwide
- Sold nearly 6.72m vehicles in over 140 countries
What are Toyota stats in the UK?
20% of Toyota motors UK production for home market
75% exported to Europe
5% to the rest of the world
Toyota in 1992
First cars were produced and Toyota is now the UKโs 4th largest exporter of fully built cars
Why did Toyota locate in Burnaston?
Toyota believes in a policy of locating its vehicles to meet the specific needs of Europes customers.
Whether Toyota is manufacturing, researching, developing, it is located within the communities they sense
What was the reasoning for Toyotas UK location? and why did they move?
The location of the engine plant alongside vehicle manufacturing plant would have reduced Toyotaโs ;long term capacity to expand and therefore restricted opportunity
Positives of Toyotas Uk location?
-The UK offers solid industrial transport links + 230 British supply partners
-Excellent workforce
Favourable working practices
Why is the UK such a good language and country to host Toyota?
- Supportive positive attitude to INWARD investment from British government at a local and national level
- Eng language is the 2nd language in Japan making communication + integration easier
Why did Derbyshire + Flintshire prove to be an attractive proposition?
Derbyshire was offering a site of almost 600 acres at Benaston which was
-7 miles from Derby city centre
- Relatively flat making the land easy to develop
- Both locations offered good transportation links to the EU + UK
What were the 4 overarching benefits of Derbyshire and Flintshire to Toyota?
- Flexible workforce
- Business and personal support services to help company and people integrate with local communities
- Sites provided effective infrastructure (electricity, water, gas and telephones)
- Strong roots from local community of manufacturing and engineering