Toyota is one of the most respected automakers, with its lineup of innovative and reliable cars and its leadership role for manufacturing practices and environmental initiatives. With this in mind, it\u2019s not surprising that Fortune Magazine named Toyota to its annual \u201cWorld\u2019s Most Admired Companies\u201d list.<\/p>\n
Toyota was also named the No. 1 automaker for the \u201cWorld\u2019s Most Admired Companies\u201d list. This is the fifth consecutive year that Toyota has earned this honor. In determining the \u201cWorld\u2019s Most Admired Companies\u201d list, executives, directors, and securities analysts 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.<\/p>\n
\u201cToyota is honored to be named as one of the most admired companies in the world, and as the most admired in the auto industry for the fifth year in a row. This recognition demonstrates the high quality of our global team, their dedication to serving our customers, and their commitment to provide mobility for all.\u201d \u2013 Jim Lentz, Chief Executive Officer, Toyota Motor North America<\/em><\/p><\/blockquote>\n
Read More: <\/span><\/span>Toyota and Uber Collaboration for Autonomous Vehicle Technology<\/span><\/span><\/a> <\/span><\/strong><\/em><\/p>\n
Importance of Fortune Magazine \u201cWorld\u2019s Most Admired Companies\u201d List<\/h3>\n
The \u201cWorld\u2019s Most Admired Companies\u201d list is an important honor, for it is widely acknowledged as the definitive report card on corporate reputation with company surveys and industry peer ratings from senior executives, directors and industry analysts. Visit Fortune Magazine\u2019s website to view the full list<\/a><\/strong>.<\/p>\n