Toyota is Americas 3rd Most Admired Company

by : Joe Thompson

Toyota has been enjoying much success in the US. So much successful, in fact, that they are expected to take over the spot occupied currently by General Motors as the world's largest car manufacturer. The company has been selling cars which has broken record after record for sales. The company's lineup also includes models that have won different awards. Not only that, they are also the leading producer of the world's most popular green car, the Toyota Prius.

But Toyota has recently received another feather on their cap. Aside from breaking their sales record for February, the company was also voted as the 3rd "Most Admired" company in the United States. Fortune magazine conducted a survey on 3,332 executives, directors, and securities analysts in order to seek out the ten most admired companies in the country. The winners of this year's distinction from Fortune magazine are known for their environment-friendly policies.

Toyota fits perfectly in that category since the car maker is one of the frontrunners in the auto industry when it comes to producing green cars. The Prius, the hybrid vehicle from Toyota, has been received warmly by the motoring public. The demand for fuel-efficient cars saw the sales of the Prius reach 100,000 last year. This year, the Toyota Prius remains to be one of the stronger selling models in the Toyota lineup. The Prius' popularity is emphasized on the fact that it has replaced the Hummer as the vehicle of choice for Hollywood residents.

Aside from the Prius, Toyota's lineup also features the best selling car in the U.S. since 2002 - the Toyota Camry. The Camry is the best selling car from Toyota and its popularity is still increasing as shown in its rising sales. Lexus, the luxury division of Toyota features the leading luxury car brand in the U.S. for seven straight years. These vehicles show that Toyota has been enjoying much success in the U.S. auto market and the company is still growing in terms of sales of their vehicles. These vehicles are like which propel the company to newer heights and increase the popularity of the company among different communities.

Toyota also boosts the economy of the country by providing jobs in their plants located in the U.S. Last year, the company produced more than 1.55 million vehicles and 1.4 million engines in their 14 plants in North America. The number of their plants located in the U.S. is still on the verge of increasing since Toyota has announced that they will be starting the construction of another assembly plant in Mississippi. Aside from the jobs generated by these plants, Toyota also indirectly creates hundreds of thousands of jobs.