Objectives
To link work processes ranging from R&D to manufacturing, thereby enabling the development of ever-better cars and strengthening TMC's workforce
To enable individual business units to make decisions more quickly and independently
To strengthen the functions responsible for formulating mid-to-long term objectives and corporate strategies
Overview of new organizations
Business units
- Creation of product-based in-house companies
Seven product-based in-house companies will be responsible for short- to mid-term product strategy and development.
Innovative R&D and Engineering Company
Toyota Compact Car Company
Mid-size Vehicle Company
CV Company
Lexus International Co.
Power Train Company
Connected Company
R&D, production engineering, and manufacturing operations, which are organized by function at present, will be divided into "advanced" and "mass production" categories, and then allocated to each company. Toyota Group affiliates responsible for vehicle development and production will also contribute to these in-house companies where necessary.
To help streamline operations from planning through to manufacturing, full responsibility and authority will be given to the president of each in-house company.
- TMC's two region-based business units, Toyota No.1 and No2, will be maintained and strengthened
A strong local presence in markets around the world will continue to allow Toyota to engage new fans and build strong regional operations. TMC's existing region-based business units, Toyota No.1 and No.2, will serve to check and balance the operations of the new product-based in-house companies.
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