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describes the aims, objectives & Ownership of the Burnaston car Manufacturing plant, Toyota.
Member rating: No Rating | Words: 822 | Submitted: Thu Aug 30 2007
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The following section describes the aims, objectives & Ownership of the Burnaston car Manufacturing plant, Toyota. It will also describe the contributing factors to the location of the plant. The Burnaston car plant manufactures the Corolla & the Avensis. History In 1918, Sakichi Toyoda revolutionised the Japanese weaving industry by creating the worlds 1st automatic loom. The sale of this business helped to finance the start up of Toyota Motor Company, which produced their first car in 1937. Ownership Toyota PLC is a multinational corporation based in Japan & the UK operation of Toyota is part of Toyota Europe. The Toyoda Family, the founders of Toyota, are still the largest shareholders today whilst Toyota's shares are traded on the stock exchanges of Tokyo, New York & London. Unique to Japan is the 'Keiretsu Model' whereby large companies can buy into each other's stock. Which means a proportion of Toyota's shares is owned by banks and...
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