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Toyota tops Fortune Worlds Most Admired Companies in motor vehicles sector
Toyota has grabbed the no.1 spot in the Motor Vehicles category of Fortune magazine’s list of the World’s Most Admired Companies. Toyota also scored No. 24 overall, sixth for Community Responsibility and eighth in Effectiveness in Conducting a Global Business across all companies. Toyota is the only Japanese company in the overall Top 50. Fortune’s annual survey is based on nine attributes considered crucial to a company’s global success, including quality of management, social responsibility, people management and global competitiveness, among others.
Published On Feb 24, 2015 01:39 PM By Bala Subramaniam
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“We’d like to thank Toyota team members, associates and partners worldwide for helping us achieve this honor,” said Jim Lentz, Toyota Motor North America chief executive officer. “We are dedicated to our customers, communities, and to leading the future of mobility. We’re proud to be recognized as one of Fortune’s World’s Most Admired Companies and a leader in our industry.”
Toyota sells vehicles through three major brands - Toyota, Lexus and Scion. Toyota has produced more than 25 million cars and trucks in North America in the last 50 years and operates 14 manufacturing plants (10 in the U.S.) and directly employs more than 40,000 people (more than 32,000 in the U.S.).
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