issue that led to the lawsuit. Toyota Motor Corp.'s announced massive recalls for acceleration and braking problems are creating a huge legal liability for the company and Toyota owners may share in the pain. The Japanese automaker faces dozens of lawsuits over injuries and deaths attributed to safety problems, with many more suits expected. Lawyers and legal experts said the lawsuits could be particularly expensive for the automaker if plaintiffs prove that Toyota was aware of problems but failed
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MGX 9660 - International Business Theory and Practice Case n°10: The Collapse of General Motors PHAM Trang (23283300) REBOURG Malcolm (23625678) YAO Aileen (20460996) 1 Table of Contents I - Introduction………..………...………………………………………….….….p 3 II - What are the internal and external factors that contributed to GM’s decline and eventual bankruptcy protection application?……………….....….p 4 Internal Factors...………….……..…………………………...……….……….…p 4 Extenal Factors……….…..…………………………..………
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Nhi Nguyen 1 Toyota Communicating Through Crisis INTRODUCTION Since September 2009, the famous vehicle manufacture Toyota has suffered a severe crisis due to unintended quality problems in its cars. In responding to the crisis, Toyota has recalled more than 10 million vehicles worldwide for accelerator pedal, carpet and floor mat flaws that may cause unintended acceleration. This catastrophe has led to millions of dollars in settlements and U.S. fines, as well as hundreds of product liability lawsuits
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Overview of Previous Work Wendy Stockley, Environmental Manager for Hondaís twoOhio-based automobile manufacturing plants, was about to be visited by Mr. Suzuki, the most senior environmental official from Honda headquarters in Japan. The company had recently taken a strong interest in certification under the new ISO 14000 environmental management standards. Suzuki had asked Stockley to evaluate the environmental practices of the Ohio plants in light of the ISO standards. In particular, he was interested
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SECTION I: Introduction/Executive Summary Tesla Motors, Inc. is an American company that designs, manufactures and sells electric cars and electric vehicle powertrain components. Named after the scientist Nikola Tesla, Tesla Motors ($TSLA) was founded in 2003. Exactly who founded Tesla Motors can be discussed, but it was probably by a group of intrepid Silicon Valley engineers Martin Eberhard, Marc Tarpenning, and Ian Wright. Their goal was to build an electric vehicle with the same performance
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Toyota to stop making cars in Australia, follows Ford and Holden Rick Wallace and John Ferguson The Australian February 10, 2014 TOYOTA has announced it will cease making cars in Australia in 2017, blaming the cost of manufacturing and the high dollar. Toyota announced the closure of its Altona plant this afternoon and was briefing workers on the withdrawal. The company has been making cars in Australia since 1963. Toyota’s move follows the decisions of Ford and
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Brilliance Auto, China Auto manufacturing industry is not a very profitable industry, with its profit margin averaging at 4.9%; it is 9 times less profitable than the top of the list at 38.30%. Interestingly there is one company in this industry that is reaching 58.81% net profit margin: Brilliance Auto, China. (Exhibit 1) (Exhibit 2) Auto manufacturing industry has a high entry barrier. The capital requirement is huge for setting up plants, R&D and marketing. Although economies of scale do
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Business Policy Case Study: Toyota Submitted to: Dr. L. Geng Submitted by: R. Stewart, M. Ferguson, S. Ogbonna Date: Nov 26/14 History * The original idea behind the founding of Toyota Motor Company was conceived by Toyoda Sakichi. * His father Sakichi was an entrepreneur and investor whose primary was in textile industry. He was fascinated by the automotive industry after a brief visit to the United States in 1910. His invention in the textile industry led to the ability to lower
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Strengths, Weaknesses, Opportunities, And Threats Assessment Company Overview Ford Motor Company, (NYSE: F) originally established by Henry Ford in 1903 is a producer of cars and trucks, based in Dearborn Michigan. The Company has other diversifications worldwide, which also includes small stakes in other brands such as Aston Martin and Mazda, plus an arm for the financing of vehicles. Its Automotive Sector includes Ford North America, Ford South America, Ford Europe, Ford Asia Pacific Africa
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Beda College Mendiola, Manila Marketing Audit Report: Toyota Motor Philippines Presented to The Faculty of College of Arts and Sciences San Beda College For the Requirements in Practicum Part 2: On Job Training Part 2 Bachelor of Science in Business Administration Major in Marketing Management September 17, 2013 Table of Contents Marketing Audit Report: Toyota Motor Philippines 1 San Beda College 1 Executive Summary 4 Introduction of the
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