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Toyota was also forced to pay a total of $66.2 million in fines to the Department of Transportation for failing to handle recalls properly and $25.5 million to Toyota shareholders whose stock lost value due to recalls. Nearly 400 wrongful-death and personal injury cases were also privately settled by Toyota as a result of unintended acceleration.
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 Production System. 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.
July 11, 2024 at 8:59 PM. Frustrations are mounting across southeast Texas as residents enter a fourth day of crippling power outages and heat, a combination that has proven dangerous – and at ...
Toyota Motor Co. was established as an independent and separate company in 1937. Although the founding family's name was written in the Kanji "豊田" (rendered as "Toyoda"), the company name was changed to a similar word in katakana - トヨタ (rendered as "Toyota") because the latter has 8 strokes which is regarded as a lucky number in East Asian culture.
On April 3, 2018, at approximately 12:46 p.m. PDT, a shooting occurred at the headquarters of the American video-sharing website YouTube in San Bruno, California.The shooter was identified as 38-year-old Nasim Najafi Aghdam, an Iranian-American woman, who entered through an exterior parking garage, approached an outdoor patio, and opened fire with a Smith & Wesson 9 mm semi-automatic pistol.
Kamui Kobayashi (小林可夢偉, Kobayashi Kamui, born 13 September 1986) is a Japanese racing driver who currently competes in the FIA World Endurance Championship for Toyota Gazoo Racing, Super Formula for Kids com Team KCMG, and part-time in the NASCAR Cup Series, driving the No. 50 Toyota Camry XSE for 23XI Racing.
YouTube is an American online video sharing platform owned by Google. Accessible worldwide, [note 1] YouTube was launched on February 14, 2005, by Steve Chen, Chad Hurley, and Jawed Karim, three former employees of PayPal. Headquartered in San Bruno, California, United States, it is the second most visited website in the world, after Google Search.