Toyota has taken the top spot in the motor vehicles sector of Fortune magazine’s list of the World’s Most Admired Companies.
20 Feb 2015 | 3383 Views | By Autocar Professional Bureau
Toyota has taken the top spot in the motor vehicles sector of Fortune magazine’s list of the World’s Most Admired Companies. The automaker also scored well in a larger pool of peers, No. 24 overall.
Fortune’s annual list is widely considered to be the definitive report card on corporate ...
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Toyota has taken the top spot in the motor vehicles sector of Fortune magazine’s list of the World’s Most Admired Companies. The automaker also scored well in a larger pool of peers, No. 24 overall.
Fortune’s annual list is widely considered to be the definitive report card on corporate reputation. The survey measures nine attributes considered crucial to a company’s global success, including quality of management, social responsibility, people management and global competitiveness, among others.
Toyota’s overall rank increased from 25th in 2014, and its No. 1 spot in the Motor Vehicles category also represented a bump (from No. 2 last year).
Toyota was also sixth for Community Responsibility and eighth in Effectiveness in Conducting a Global Business across all companies. Toyota is the only Japanese company in the overall Top 50.
“We’d like to thank Toyota team members, associates and partners worldwide for helping us achieve this honor,” said Jim Lentz, Toyota Motor North America chief executive officer. “We are dedicated to our customers, communities, and to leading the future of mobility. We’re proud to be recognized as one of Fortune’s World’s Most Admired Companies and a leader in our industry.”
The full list appears in the magazine’s March issue, available now on Fortune’s website atfortune.com/wmac .