Honda and Toyota

3350 words 14 pages
Show More
2013
2013

Group member
Vu Thi Thu Hang
Nguyen Thi Kieu Trang
Nguyen Van Chi
Dang Dinh Thanh

Group member
Vu Thi Thu Hang
Nguyen Thi Kieu Trang
Nguyen Van Chi
Dang Dinh Thanh
Honda and Toyota
Financial statement analysis
Honda and Toyota
Financial statement analysis | |

Contents A. Executive summary 2 B. Brief profiles and recently performance 2 I. Honda Company 2 1. Executive Summary 2 2. History: 2 3. Problem of Honda Company from 2010 to 2012 2 II. Toyota Company 3 1. Executive summary 3 2. Problem of Toyota’s company from 2010 to 2012 4 C. Financial Statement Analysis 5 I. Honda Company 5 1. Liquidity 5 2. Solvency 6 3. Summary 7 II. Toyota Company 8 1. Liquidity 8 2. Solvency …show more content…

The first recall, on November 2, 2009, was to correct a possible incursion of an incorrect or out-of-place front driver's side floor mat into the foot pedal well, which can cause pedal entrapment. The second recall, on January 21, 2010, was begun after some crashes were shown not to have been caused by floor mat incursion. This latter defect was identified as a possible mechanical sticking of the accelerator pedal causing unintended acceleration, referred to as Sticking Accelerator Pedal by Toyota. The original action was initiated by Toyota in their Defect Information Report, dated October 5, 2009, amended January 27, 2010. Following the floor mat and accelerator pedal recalls, Toyota also issued a separate recall for hybrid anti-lock brake software in February 2010.
As of January 28, 2010, Toyota had announced recalls of approximately 5.2 million vehicles for the pedal entrapment/floor mat problem, and an additional 2.3 million vehicles for the accelerator pedal problem. Approximately 1.7 million vehicles are subject to both. Certain related Lexus and Pontiac models were also affected. The next day, Toyota widened the recall to include 1.8 million vehicles in Europe and 75,000 in China. By then, the worldwide total number of cars recalled by Toyota stood at 9 million. Sales of multiple recalled models were suspended for several weeks as a result of the

Related

  • The future communicator
    8970 words | 36 pages

    IMB 443 SEEMA GUPTA VOLKSWAGEN IN INDIA In just 4 years since Volkswagen (VW) set up its India operations, it had captured a 3.6% market share - something the Detroit giants had not been able to do after more than a decade in the country (Exhibit 1). VW was the flagship brand of the Volkswagen group, which also owned Audi, Bentley, Bugatti, Lamborghini, Porsche, SEAT, and Skoda. In India, the group was present with Skoda, Audi, and VW.1 Maik Stephan, Managing Director, Volkswagen Group Sales….

    Show More
  • Tata Nano Marketing Strategies
    5913 words | 24 pages

    Prof. Hank Pruden 12/15/2009 Table of Contents I. Company Analysis II. Situation Analysis a. SWOT Analysis b. Product Analysis c. Competitor Analysis 1. Toyota Company • Strengths / Weakness 2. Honda Company • Strengths / Weakness III. Market Segmentation a. Demographics b. Psychographics c. Behavioral IV. Strategic Planning….

    Show More
  • Plugging in the Consumer Case Analysis
    1964 words | 8 pages

    The price can be offset a $7,500 federal tax credit available for electric cars, bringing the total price down to 27,700. With 46% customers desire to pay $2,500 premium, the price of Nissan Leaf would be $25,200. This price will be comparable to Toyota Prius ($25,800) that already sold more than 1 million units. Therefore, for Nissan Leaf, the obstacle is not the price tag but other factors such as infrastructure and behavior change. DEVELOPMENT Most of….

    Show More
  • Bmw Business Strategy
    1860 words | 8 pages

    BMW Overview This paper explores the strategies and environmental influences (both Internal and External) of a German car giant BMW, Bayerische Motoren Werke, which has established itself in the niche luxury car market. It has Headquarter in Munich, Germany, with presence all over the world. The luxury car includes both traditional luxury cars and functional luxury cars. BMW is one of the most successful car companies in Europe and worldwide. Despite experiencing the overall sales slump particularly….

    Show More
  • negotiations case stdy
    1498 words | 6 pages

    5113 BUSINESS NEGOTIATIONS CASE STUDY Developing a Strategic Negotiation Plan: Toyota Highlander By 814284 - PRIDHIVRAJ NAIDU 18th May 2013 The Case: As Michelle Tipton read through the brochure for what seemed the tenth time she found herself nodding in agreement. “The new Highlander. An unexpected bit of comfort in the rugged world of the SUV. Breaking new ground is nothing new to Toyota, but this time around, we've built a vehicle that boldly redefines everything you've come….

    Show More
  • Honda in Europe
    994 words | 4 pages

    Honda in Europe Introduction The Honda Motor Company first entered the European market in the early 1960s through the sale of motorcycles. Honda’s motor vehicle sales in Europe have been relatively poor, especially in the previous five years. And Honda executives wonder why their global strategy is sputtering. History of Honda and Automobile Industry In 1946, Souichiro Honda founded the Honda Technology Institute. The Company started as a motorcycles producer and by the 1950s had become extremely….

    Show More
  • Japan's automakers face Endaka
    1653 words | 7 pages

    Firms cut costs even further, raised prices selectively and chose their components from the cheaper suppliers; Toyota opted for cost minimization but this time through plant restructuring, while Honda for a more cost-efficient diversification, by producing a new model using old models' parts. Prices increased further both for wholesalers and retailers, but this time cars manufacturers took the smart decision….

    Show More
  • Toyota
    4453 words | 18 pages

    TOYOTA Management Case Study Hiroshi Okuda in Toyota Nur Firdous Majid & Jatin Naresh 5/18/2009 Table of Contents Contents Page Number Introduction 1 Question 1: Okuda’s Leadership Styles 2 - 4 Question 2: Transactional or Transformational Leader 5 - 7 Question 3: Radical changes When Company Is in a Crisis 8 - 9 Question 4: Charismatic, Visionary….

    Show More
  • Functional Leval Strategy for Toyota
    2945 words | 12 pages

    Paper: Functional Level Strategy of Toyota Corporation 04-08 Chapter-04 Problems & Solutions 09 Chapter-05 Findings & Analysis 10-11 Chapter-06 Conclusion 12 References I Appendix II-III Executive Summary In every organization strategic management has a direct impact on its business. Strategic Management helps to attain superior performance and competitive advantage for an organization. Through competitive….

    Show More
  • Toyota Target Market Analysis
    1097 words | 5 pages

    Toyota Target Market Analysis With the sluggish economy, successfully marketing new automobiles has become extremely important. Each manufacturer has to identify and target a market segment. We were able to identify and analyze the target markets of Toyota, Buick, Kia, and Dodge. Toyota’s recent marketing targets women for several of their models. This is evident by viewing some of their recent television commercials. For example, the Toyota Prius “Harmony” commercial is geared toward women….

    Show More

Popular Essays