Toyota retooled

For nearly 3 years running, Toyota Motor Corp. has been battered by a strong yen that has cut profit margins as well as market share abroad. However, the company is now beginning to demonstrate its underlying strengths. Without closing a single factory or laying off a single worker, Toyota is muscli...

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Veröffentlicht in:	Bloomberg businessweek (Online) 1994-04 (3365), p.54
1. Verfasser:	Spindle, William
Format:	Magazinearticle
Sprache:	eng
Schlagworte:	Automobile industry Automobiles Automotive parts industry Business growth Case studies Corporate profiles Cost control Design Employment Factories Financial performance Manufacturers Manufacturing Market shares Product development Recessions Sales Strategic planning Workforce planning
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description	For nearly 3 years running, Toyota Motor Corp. has been battered by a strong yen that has cut profit margins as well as market share abroad. However, the company is now beginning to demonstrate its underlying strengths. Without closing a single factory or laying off a single worker, Toyota is muscling through on the strength of its $14 billion in cash holdings. Internationally, the company will succeed in doubling its overseas production from just 5 years ago. Still, some say the company that invented lean production and cut manufacturing costs to the bone needs a dramatic restructuring of a white-collar workforce even it admits is bloated.
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source	Elektronische Zeitschriftenbibliothek - Frei zugängliche E-Journals
subjects	Automobile industry Automobiles Automotive parts industry Business growth Case studies Corporate profiles Cost control Design Employment Factories Financial performance Manufacturers Manufacturing Market shares Product development Recessions Sales Strategic planning Workforce planning
title	Toyota retooled
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