StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Toyota Motors Corporation in the Different Aspects of the Chinese Market: Regulations and Competition - Research Paper Example

Comments (0) Cite this document
Summary
The aims and objective of this paper are to precisely analyze the different modes of entry of foreign multinational companies in China. A study of different theoretical frameworks has been undertaken to investigate the economic differences amongst the modes of entry…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER94.4% of users find it useful
Toyota Motors Corporation in the Different Aspects of the Chinese Market: Regulations and Competition
Read Text Preview

Extract of sample "Toyota Motors Corporation in the Different Aspects of the Chinese Market: Regulations and Competition"

Download file to see previous pages The Chinese law requires a foreign company to form joint ventures of not more than 50% shareholding if it wants to engage in production activities in China. Toyota Motors have no option other than entering into a JV. However, it can and as well, has gone for 100% ownership in manufacturing auto ancillaries. China has contributed significantly to Toyota’s global growth. One difference that can be clearly identified is the export potential; while Toyota Motor Thailand Company Limited has a huge earning from exports of completed vehicle unit and ancillary parts, The Chinese division lags in production. In fact, to cater to the high demand, cars had to be imported from Japan. We can thus comfortably draw a conclusion that the Joint Venture model is a reliable one when it comes to performance. As regarding the export, Toyota is planning to open up new plants in China that are expected to be operational from 2010. The subsidiary mode is best suited when it comes to manufacturing of components. This is of particular advantage since it will facilitate the implementation of the famous Lean practices of Toyota and also ensure that quality is maintained that is, till today, the hallmark of what Toyota is. China is perhaps the greatest market of the world…..although regulations are strict… we expect the credit crunch to disappear with its effect from China sooner than it does from other parts of the world. To be very specific, we plan here to stay…and do good business. The mass market of China is unique in itself, but at the same time pretty interesting as well. ...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Toyota Motors Corporation in the Different Aspects of the Chinese Research Paper”, n.d.)
Toyota Motors Corporation in the Different Aspects of the Chinese Research Paper. Retrieved from https://studentshare.org/marketing/1722097-market-entry-mode-strategies-of-multinational-corporations-in-the-automobile-industry-of-china-an-analysis-on-decisions-between-joint-venture-and-wholly-owned-subsidiaries-with-particular-reference-to-the-case-of-toyota
(Toyota Motors Corporation in the Different Aspects of the Chinese Research Paper)
Toyota Motors Corporation in the Different Aspects of the Chinese Research Paper. https://studentshare.org/marketing/1722097-market-entry-mode-strategies-of-multinational-corporations-in-the-automobile-industry-of-china-an-analysis-on-decisions-between-joint-venture-and-wholly-owned-subsidiaries-with-particular-reference-to-the-case-of-toyota.
“Toyota Motors Corporation in the Different Aspects of the Chinese Research Paper”, n.d. https://studentshare.org/marketing/1722097-market-entry-mode-strategies-of-multinational-corporations-in-the-automobile-industry-of-china-an-analysis-on-decisions-between-joint-venture-and-wholly-owned-subsidiaries-with-particular-reference-to-the-case-of-toyota.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Toyota Motors Corporation in the Different Aspects of the Chinese Market: Regulations and Competition

Organisation Analysis & Change TOYOTA MOTORS MANUFACTURING CORPORATION

...?Organization Analysis and Change Toyota Motors Manufacturing Corporation Toyota Motors for the past several decades has remain on top if not is in the top five manufacturer of motor vehicle in the world. Its success is most notable in the area of automobile production and production line manufacturing. If Ford and Taylor provided the concept of production line and its efficiency Toyota Motors perfected it (Ohno & Bodek, 1988). Toyota production system has been used as a model by countless manufacturing companies because of its success in ensuring quality along the production line while maintaining efficiency. However, on January 26, 2010, Toyota, suspended the sales of eight vehicles that was recalled for various problem which would...
10 Pages (2500 words) Research Paper

Toyota Motor Corporation

...? Toyota The Toyota Motor Corporation (TMC) or simply Toyota is a multinational automaker headquartered at Toyota in Japan. The company was founded by Kiichiro Toyoda on 28th August 1937. By the end of 2010, the Toyota employed 317,734 people globally. The Toyota is the world’s largest automobile manufacturer in terms of sales and production. According to Pearce II and Robinson, organizational culture stands for a set of important assumptions that a firm’s members share in common (lecture note). The Toyota’s organizational structure facilitates effective strategy implementation. In the opinion of Moore, long term thinking is the most effective organizational approach of Toyoto in taking management decisions; and the firm has developed...
1 Pages (250 words) Essay

Toyota International Corporation

.... 3. Political Risk One of the major political risks that the Toyota motors faced was the backlash against American corporations. It imposes increased parameters on different production levels and on nationalization of its products. This change can influence the operations of the company. The political changes can positively and negatively affect the firm. By the end of 2006, Toyota manufactured 1.5 million cars in North America, but had to import an additional 1.2 million cars (Toyota). While being costly, the high reliance on imports poses political risks in the United States. Managing political risk in the international market is not an easy task. While the political changes contribute direct risks to the firm, the politics also...
3 Pages (750 words) Research Paper

Toyota Motors Internal Business

... Toyota Motor Company is a multinational organization with its parental headquarters in Japan. Toyota has invested in several countries including US and China. The company deals with a wide range of vehicles targeting different market segments. The company targets private customers and individual organizations. In identifying and satisfying its customers, the company uses marketing techniques such as promotions and advertisements. Toyota is a household name in many countries today competing with such companies as Mercedes, Nissan, and Mitsubishi among many others. Toyota Motor Company supplies its cars to the U.S., East Africa and Japan, but faces intense competition it is endeavor to expand its market to countries such as China...
4 Pages (1000 words) Research Paper

Automotive Production Levels - Toyota Motors

In the first quarter of financial year 2013, Toyota’s unit sales had jumped to 2,268,563 units amounting to sales revenue of 5,233,688 million yen. Consolidated sales increased by 85.7% in fiscal year 2013 compared to fiscal year 2012 and net revenues increased by 59.9%. These changes are indicative of a change in either Toyota’s price structure or the demand and supply forces in the market. Among other things, these changes can also be attributed to changes in the value of the yen and cost reduction measures taken by Toyota to stay afloat and efficient. Market price also plays a role here and can be calculated using a simple relationship between sales revenue and units sold. (Market price = Sales Revenue/Units Sold. According to...
8 Pages (2000 words) Research Paper

Toyota Motor Corporation

...Toyota Motor Corporation I. Business Analysis Internal Factors General Motors Corporation is involved in the design, manufacture, and marketing of cars and light trucks worldwide. The company was founded in 1908 and is headquartered in Detroit, Michigan. GM also has partnerships with Fiat Auto SpA of Italy; DaimlerChrysler AG of Germany; and Fuji Heavy Industries, Ltd., Isuzu Motors, Ltd., and Suzuki Motor Corp. of Japan. The company has a wide array of product line under the brands Chevrolet, Pontiac, GMC, Oldsmobile, Buick, Cadillac, Saturn, and HUMMER. The company's marketing arm is supported by retail dealers and distributors in the United States, Canada, and Mexico as well as dealers overseas. GM is recognized as the largest vehicle...
5 Pages (1250 words) Case Study

Strategies of General Motors and Toyota Motor Corporation

...Strategies of General Motors and Toyota Motor Corporation Introduction The global car industry is becoming a more competitive market as players continue to improve their operations in order to battle for larger shares. An essential feature of the more intense rivalry among competitors is their creation and implementation of different strategies in order to pursue their goals and objectives. While others improve their operations by reducing cost to offer more competitive prices. Meanwhile, other players concentrate on improving their product lines and differentiating their offerings. However, it is notable that these changes in strategies are mainly mechanisms to cope with the fast paced environment of the industry players. Strategies...
5 Pages (1250 words) Case Study

General Motors Corporation

... to a position of near-bankruptcy, can be determined by investigating various factors based on relevant theories of corporate collapse (Fig.1). These would include corporate governance, organisational culture, leadership styles, operational risk management and financial risk management pertaining to the functioning of General Motors. The underlying concepts pertaining to risk management, financial markets and products, and global perspectives on risk are important aspects. Figure 1. Causes of Company Bankruptcy (Ooghe & Prijcker, 2008: 225). General Motors’ Maturity, Size, Industry and Flexibility A widely encompassing approach that associates the causes of bankruptcy to the characteristics...
14 Pages (3500 words) Essay

Alfuttaim motors Toyota

...ALFUTTAIM MOTORS TOYOTA Affiliation ALFUTTAIM MOTORS TOYOTA Alfuttaim Motors is an exclusive distributor of Toyota, Toyota material handling equipment, Hino Trucks and Lexus. It was established in the year 1955 and it is based in the UAE. Alfuttaim motors control a huge network of showrooms as well as service centers. Its main principles are engagement, integrity and transparency towards its customer base (Alfuttaim Motors LLC, 2015). The following discussion is going to give a comparative market analysis of Alfuttaim Motors Toyota. Target Market of Alfuttaim Motors It is widely recognized that the Alfuttaim motors is the leading distributor of automobiles and automotive merchandises in the UAE (Alfuttaim Motors LLC, 2015). This has made...
6 Pages (1500 words) Essay

Toyota Motor Corporation

... to deliver its first export of a Toyota Crown, a passenger car, to the US. A year after, it was able to put up its second offshore office in Brazil, in South America. From the 50s up to the 70s saw many more manufacturing plants and offshore offices being established by Toyota. In the 70s, important milestones were achieved by the now recognized and highly respected Toyota Motor Corporation. In 1972, it marked the production of its ten millionth vehicle. In 1975, it was able to deliver its five millionth vehicle unit for export. And four years later, in 1979, its cumulative exports of car units reached its ten millionth mark. In the 80s, Toyota continued to reap success not only in the home market but overseas as well. In 1984, it inked...
39 Pages (9750 words) Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Paper on topic Toyota Motors Corporation in the Different Aspects of the Chinese Market: Regulations and Competition for FREE!

Contact Us