This year, Toyota maintains its leading position in the vehicle market, and it is projecting annual sales of 10.2 million in 2014. If Toyota succeeds, the 10.2 million sales would be a new record in the automobile industry.
The competition is fierce, and it is not easy to always stay on the top. Nevertheless, I believe that Toyota has the ability to keep its position unless there is an unpredictable disaster like the Japanese Earthquake in 2011. Toyota runs a sustainable business, and the company uses the idea of sustainability in different areas. Customers prefer vehicles that are safe, luxurious and environmentally-friendly.
Sustainability= Social + Environment + Economic
Social — creating a better future
Toyota has 3 special features in its business. First of all, Toyota always manufactures better cars that exceed customers’ expectations. Secondly, Toyota has designed several projects in order to enrich lives of communities. Toyota also has a stable base of business. Providing good service and products to consumers is the most important thing in every industry, and Toyota always puts its customers first.
Environment — respecting the planet
Toyota makes models that are environmentally-friendly. The company contributes to a low-carbon and recycling-based society. Protecting nature is a basic principle in every industry.
Economic — working together with partners
Toyota has a close relationship with its business partners based on mutual trust. For instance, Toyota works closely with its suppliers in manufacturing activities, and this behavior would improve the quality of its models. Toyota also believes that the ties with the partners would help promote the Customer First Policy.
Reference: Pictures from https://www.google.ca/imghp?hl=zh-CN&tab=wi
Information about Toyota comes from http://www.toyota-global.com/sustainability/
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