Staying Afloat The Toyota Way


Posted by: meikah | 2 November 2008 | 10:48 pm

I just have to share this with you today. It’s all over the news that companies have been experiencing really some bad business these days.

Toyota, however, is weathering the storm, The Toyota Way. Toyota has maintained its solid balance, ample cash, and continued profitability, despite experiencing earnings slump. The company is also projected to still make over $10 billion, which will enable the company to fund measures that will help it emerge stronger.

In the short term that means steps such as offering 0% financing on certain vehicles in the U.S. That should help boost showroom traffic and tell customers Toyota has cash to finance vehicle purchases. Longer term, Toyota plans to introduce more hybrids and more attractive smaller cars.

Here’s a look at some of the measure’s Toyota is taking during the current downturn.

Perhaps, we can all operate our busines the Toyota Way. :)

 Filed under: Manufacturing, Six Sigma Organizations, Sustainable Business, Toyota | | 2 Comments »






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