Why are the profits of six car companies in China not as good as a Toyota?

The profitability of enterprises in China is still very low. The total profit of six China car companies is $65.438+$0.366 billion, even lower than that of a Toyota car company. As the most profitable car company, Toyota's profit reached $65.438+0.698 billion, which has surpassed competitors Volkswagen and GM for several years in a row, and its profit margin is comparable to that of luxury cars.

Unlike other car companies, Toyota's main parts and most parts are self-sufficient. Toyota Group has 65,438+06 first-class enterprises and a research institute, including Toyota Motor Corporation, Toyota Automatic Loom Co., Ltd., Denso, Aisin Seiki Co., Ltd., Toyota Trading Co., Ltd., Aichi Iron and Steel Co., Ltd., Jetta Co., Ltd., Toyota Body Co., Ltd. and Toyota Textile Co., Ltd.

Denso is the world's top supplier of auto parts and systems after Bosch. The company has occupied a lot of shares in the fields of environmental protection, engine management, body electronic products, driving control and safety, information and communication. Many auto parts we usually buy come from Denso. At present, Denso * * has 265,438+0 products, ranking first in the world.

As the originator of Toyota's mode of production, Taiichi Ono is known as the "godfather of the revival of Japanese enterprises", and this honor is unparalleled so far. This production mode was put forward in1970s. After decades of improvement, it has been quite perfect. It includes production organization, logistics control, quality monitoring, cost control, inventory management and so on, which can effectively reduce the cost of vehicles, and the most important thing is inventory management. The core idea of inventory management is to produce needed products only when needed, and eliminate all ineffective labor and waste.