Working Toward the Mobility Society of the Future slide image

Working Toward the Mobility Society of the Future

Message from the President The Source of Our Value Creation: What Makes Us Toyota Value Creation Story: Working toward the Mobility Society of the Future Business Foundations for Value Creation Corporate Data > Making Ever-better Cars > Initiatives to Achieve Carbon Neutrality Software and Connected Initiatives > Commercial Sector Initiatives > Woven City The Four Versions of the Crown Let me once again introduce to you our four versions of the new Crown. First, the Crossover. This Crown is the result of fusing a sedan and an SUV. Its packaging allows for ease of entry and exit, provides an elevated viewpoint, and makes the vehicle easy to drive. Its driving perfor- mance, underpinned by a new hybrid sys- tem, marks an evolutionary advance, making it a sedan like no other. Photographs by Noriaki Mitsuhashi / N-RAK PHOTO AGENCY Next, the Sport. This Crown is a new form of sporty SUV, a spirited and creative car with easy-to-drive packaging that offers an agile and sporty driving experience. Photographs by Noriaki Mitsuhashi / N-RAK PHOTO AGENCY Third, the Sedan. As an orthodox sedan, this Crown was developed with a focus on a feeling of quality and comfort, as well as a new formal expression. It is also well-suited for use as a chauffeured vehicle. Photographs by Noriaki Mitsuhashi/N-RAK PHOTO AGENCY Last, the Estate. This Crown, a highly func- tional SUV, enables users to enjoy driving performance with power to spare as well as an active lifestyle in a mature atmosphere. The rear seats fold to form a completely flat cargo area, making this model a cross between a station wagon and an SUV. Photographs by Noriaki Mitsuhashi/N-RAK PHOTO AGENCY These four models are united under the Crown name. Starting with the launch of the Crown Crossover, we will roll them out in succession over the next year and a half. Two Initiatives That Made the New Crown Possible Developing these four models at the same time was no easy task. What made it possi- ble were Toyota's in-house company system and the TNGA. We couldn't have presented the new Crown today without them. The first element, the in-house company system, was introduced in 2016. Each in-house company's members feel strongly attached to and place the highest priority on the cars they are in charge of. Each company's mission is to make decisions and act on their own initiative. At the Mid-size Vehicle Company, we were able to put the Crown first and foremost. And, as president, I was able to execute the project based on my responsibility and judg- ment. That's what really mattered. We had to review our previous development process, thoroughly eliminate waste, and secure resources. We placed responsibility for the product planning and development processes in the hands of a single team, pro- moting everyone's awareness of themselves and their colleagues as professionals and communicating more closely than ever before to accomplish our mission. Next, the second element, the TNGA. In 2012, in pursuit of making ever-better cars, we kicked off the TNGA initiative to drastically improve basic vehicle performance through the integrated development of innovative vehicle platforms and powertrains. Over the past ten years, the TNGA has matured and evolved, enabling us to turn the Crown into a series. TNGA-based platforms have enhanced basic vehicle performance, includ- ing styling that entices people at first glance, as well as drive and ride quality that makes people want to keep on enjoying it. The new Crown is even more developed. The Crown Sport, for example, offers a stylish appearance along with interior comfort and usability thanks to a new dedicated platform and larger-diameter tires. TNGA powertrains, with an emphasis on direct and smooth performance, have achieved both excellent driving performance and fuel efficiency while helping lower vehi- cles' center of gravity. That evolution has continued. For exam- ple, in the Crown Crossover, the engine and front electric motor are directly connected, and the rear wheels have a dedicated large electric motor, achieving powerful driving with a total output of 350 horsepower and a robust 550 newton-meters of torque. This model also employs a new hybrid system that uses precise four-wheel-drive control of vehicle posture. The Crown has long served as the flag- ship of the Toyota brand. We will put all of our energy into simultaneously developing these Crown models by applying to the full- est our in-house company system and TNGA, building flagship-quality vehicles for our customers. I hope you will look forward to them. Japan's Underlying Strengths for the World to Experience To conclude the presentation, President Toyoda spoke about what it means to him to bring a car that represents Toyota and Japan to the world. I believe that the philosophy of producing hap- piness for all has always been at the core of the Crown. This flagship vehicle has repre- sented Japanese success and pride, joining together Japan's world-class technology and skilled workforce. The new Crown is full of these underlying strengths. That is why, with this series, we will once again take on the world. The new Crown will be available in approximately 40 countries and regions, with an expected annual sales volume of some 200,000 units. Nothing would make me happier than if we could help restore vitality to Japan by making the Crown a Japanese car loved round the world. I sincerely want the world to know what Japan's Crown is all about. In closing, let me say a few words to customers around the world. I'm so excited to announce today that this new Crown family of vehicles will be offered not just in Japan, but globally, for the very first time. Customers from around the world will now get a chance to drive this historic Japanese nameplate born out of passion, pride, and progress-a car that could very well be our crowning achievement! We hope to create a new story for Japan's Crown with all of you. TOYOTA MOTOR CORPORATION 12 INTEGRATED REPORT
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