Toyota is one of the world's largest automobile manufacturers, known for its highly efficient production system, often referred to as the Toyota Production System (TPS). The company has a diverse portfolio of vehicles ranging from compact cars to large trucks, and it has been a pioneer in hybrid technology with its Prius model. Toyota's business model emphasizes quality, durability, and innovation, with a strong focus on sustainability and environmental responsibility.
The Toyota Corolla is classified as a Cash Cow. It has a dominant market share in the compact car segment, and its growth is stable but not high. The Corolla has been a staple in Toyota's lineup for decades, known for its reliability and affordability. Its strong market share is due to its long-standing reputation and consistent performance. However, the growth rate is moderate as the compact car market is relatively mature.
The Toyota Camry is also a Cash Cow. It enjoys a significant market share, especially in North America, and is known for its...
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