Toyota, the automobile giant, has grabbed the number one spot in the category of Motor Vehicles Category of Fortune magazine’s list of the World’s Most Admired Companies. The company has also secured a 24th position overall, eighth in Effectiveness in Conducting Global Business and sixth in Community Responsibility. The only Japanese company to feature in the top 50, Toyota has done the hard work to achieve this feat. The survey is based on nine important attributes like global competitiveness, company’s global success, quality of management and others.
Jim Lentz, Toyota Motor North America CEO, said, “We’d like to thank Toyota team members, associates and partners worldwide for helping us achieve this honour. 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.”
Three major vehicles are sold by Toyota – Lexus, Scion and Toyota. The company has produced over 25 million trucks and cars in North America in last half-century and operates 14 manufacturing factories of which 10 are in the United States. It employs around 40000 people among which 32000 are from the US.
