II Executive Summary
Toyota has been a leader in the automotive industry while fostering innovation through the use of renewable energy technology. Toyota has sought to acquire the most cost effective renewable energy for its facilities in sixteen states, with the goal of reducing its environmental footprint, managing energy costs, and improving its corporate brand. Think Energy, Inc., a renewable energy consulting company, has been working with Toyota since 2001, assisting with the energy portion of Toyota’s program. This presentation will provide an overview of Toyota’s initiatives and the methods it has used to achieve its goals.
IV Overview of the Company
Toyota marked the milestone of its 70th anniversary in 2007 with a wide range of projects aimed at building a stronger foundation toward great advances in the future.
On the product front, the Lexus LS Hybrid went on sale in Japan in May and was steadily introduced in other countries around the world. The new Corolla was launched in Japan in 2006 and introduced in China and other overseas markets in 2007. In addition, in Japan, Toyota endeavored to carefully respond to the varied needs of its customers and to contribute to market expansion and economic stimulation by actively launching more new models than in 2006.
In manufacturing, Camry production began in April 2007 at Subaru of Indiana Automotive, Inc. (SIA), the North American production base of Fuji Heavy Industries Ltd. And in December, a new plant began operation in Russia. Also, plans are underway to begin production at new plants in Thailand and China. Toyota is continuing to promote further localization, based on the principle ...