PLANO, Texas, Feb. 16, 2017 /PRNewswire/ --Toyota was once
again named by Fortune as one of the "World's Most Admired
Companies" and named the No. 1 Motor Vehicle company for the third
consecutive year in an annual ranking. Fortune's "World's
Most Admired Companies" list recognized Toyota as No. 34 among the
Top 50 "All-Star" companies surveyed.
Fortune's "World's Most Admired Companies" list is widely
acknowledged as the definitive report card on corporate reputation
and is based on company surveys and industry peer ratings from
senior executives, directors and industry analysts. For each
company, the survey measures nine attributes considered critical to
a company's global success, including quality of products and
services, social and environmental responsibility, global
competitiveness, and value as an investment, among others.
"Toyota is proud to be listed once again as among the world's
most admired companies," said Jim
Lentz, Toyota Motor North America chief executive officer.
"This recognition honors the commitment of our team to continuous
improvement and exceeding customer expectations. Together, we at
Toyota are leading the industry in creating the future of mobility
and are making a positive difference in the world through safer,
greener and more fun driving experiences."
The full list appears in the magazine's March issue and can be
viewed online now on Fortune's website at
http://beta.fortune.com/worlds-most-admired-companies/list.
FORTUNE's "World's Most Admired Companies"
Methodology
Korn Ferry Hay Group started with approximately 1,500 companies
with revenues of $10 billion or more,
then selected the 15 largest for each international industry and
the 10 largest for each U.S. industry, surveying a total of 680
companies in 28 countries.
To arrive at the top 50 Most Admired Companies overall, Korn
Ferry Hay Group asked 3,800 executives, directors, and securities
analysts to select the 10 companies they admired most. They chose
from a list made up of the companies that ranked in the top 25
percent in last year's surveys, plus those that finished in the top
20 percent of their industry. Anyone could vote for any company in
any industry. To create the 51 industry lists, participants were
asked to rate companies in their own industry on nine criteria:
Innovation, People Management, Use of Corporate Assets, Social
Responsibility, Quality of Management, Financial Soundness,
Long-Term Investment Value, Quality of Products/Services, and
Global Competitiveness.
About Toyota
Toyota (NYSE:TM), creator of the Prius and the Mirai fuel cell
vehicle, is committed to advancing mobility through our Toyota and
Lexus brands. Over the past 60 years, we've produced more than
30 million cars and trucks in North
America, where we operate 14 manufacturing plants (10 in the
U.S.) and directly employ more than 44,000 people (more than 34,000
in the U.S.). Our 1,800 North American dealerships (nearly
1,500 in the U.S.) sold almost 2.6 million cars and trucks (2.45
million in the U.S.) in 2016 – and about 85 percent of all Toyota
vehicles sold over the past 15 years are still on the road
today.
Toyota partners with community, civic, academic, and
governmental organizations to address our society's most pressing
mobility challenges. We share company resources and extensive
know-how to support non-profits to help expand their ability to
assist more people move more places. For more information about
Toyota, visit www.toyotanewsroom.com.
Media Contact:
Aaron Fowles
469-292-1097
aaron.fowles@toyota.com
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SOURCE Toyota Motor North America