Volkswagen Group AG pairs of targets, by 2018 had become the world's largest automotive manufacturer Toyota shifts. To realize his ambition, a variety of strategic measures have been prepared.
Among other things, additional capital investment (Capital Investment) this year. In fact, 41.3 billion euros of new funds for the coming five years the plan is divided into property, plant and equipment. The amount is more than 10 billion dollars from the ceiling of the prepared Toyota.
Seeing the aggressiveness of VW, Toyota calm. This year, Toyota Motor Corporation (TMC) will increase productivity without increasing corporate investment model. "We are challenging ourselves to be able to produce more capital despite stringent efforts," said TMC President Akio Toyoda in Detroit ..
TMC pleaded not increase the capital of the company's business this year, remained at the level of 700 billion yen (8.46 billion U.S. dollars). This amount is also to be maintained at least for the next five years. Atsushi Niimi, Vice President of TMC, said the production is more efficient in Toyota City.
Some of the manufacturing process more concise. For example, for line painting (painting line) is now 25 percent shorter. Production engines will not be more expensive even though the production is smaller than the previous.
"We now realize, with humility, that the (Toyota) may not produce the car before you actually believe will sell," Niimi said.
Among other things, additional capital investment (Capital Investment) this year. In fact, 41.3 billion euros of new funds for the coming five years the plan is divided into property, plant and equipment. The amount is more than 10 billion dollars from the ceiling of the prepared Toyota.
Seeing the aggressiveness of VW, Toyota calm. This year, Toyota Motor Corporation (TMC) will increase productivity without increasing corporate investment model. "We are challenging ourselves to be able to produce more capital despite stringent efforts," said TMC President Akio Toyoda in Detroit ..
TMC pleaded not increase the capital of the company's business this year, remained at the level of 700 billion yen (8.46 billion U.S. dollars). This amount is also to be maintained at least for the next five years. Atsushi Niimi, Vice President of TMC, said the production is more efficient in Toyota City.
Some of the manufacturing process more concise. For example, for line painting (painting line) is now 25 percent shorter. Production engines will not be more expensive even though the production is smaller than the previous.
"We now realize, with humility, that the (Toyota) may not produce the car before you actually believe will sell," Niimi said.
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