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The Toyota Way is a set of principles defining the organizational culture of Toyota Motor Corporation. [1] [2] The company formalized the Toyota Way in 2001, after decades of academic research into the Toyota Production System and its implications for lean manufacturing as a methodology that other organizations could adopt. [3]
Toyota marketed the front-drive Avalon as a replacement for its rear-drive Cressida, a model discontinued for the American market in 1992. The Cressida was an upper-level, mid-size, rear-wheel drive sedan. The Avalon has at times overlapped Toyota's models using the same platform, including the Camry V6 and the Lexus ES.
The Toyota Production System (TPS) is an integrated socio-technical system, developed by Toyota, that comprises its management philosophy and practices. The TPS is a management system [ 1 ] that organizes manufacturing and logistics for the automobile manufacturer, including interaction with suppliers and customers.
Sales of Toyota's parent-only vehicles, which include those of its namesake and Lexus brands, fell 1.4% from a year earlier in 2024 to 10.2 million vehicles due to a double-digit decline in Japan.
Toyota on Wednesday raised its annual income forecast for its fiscal year, which ends in March, to 4.7 trillion yen ($30.6 billion), up from 4.3 trillion yen. The carmaker credited stabilized ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 11 February 2025. Directionality of traffic flow by jurisdiction Countries by direction of road traffic, c. 2020 Left-hand traffic Right-hand traffic No data Left-hand traffic (LHT) and right-hand traffic (RHT) are the practices, in bidirectional traffic, of keeping to the left side or to the right side ...