TOYOTA Remains Most Valuable Global Automotive Brand According to Interbrand:
Automaker Moves Up to No. 6 Overall on 2015 Best Global Brands Report
October 06, 2015 01:00 PM Eastern Daylight Time
PLANO, Texas--(BUSINESS WIRE)--Riding the wave of twelve new or refreshed products introduced in 2015, Toyota once again earned the title of the most valuable automotive brand in the world, according to Interbrand's 2015 āBest Global Brandsā annual report. The companyās ranking jumped to number six, up two spots from the 2014 report. Interbrand estimated Toyotaās 2015 brand value at $49 billion, up 16 percent, another record achievement.
āToyota's rise and continued improvement on Interbrand's Best Global Brands ranking reflects our guests' trust in the efforts of our dedicated dealers and team members.ā
āMaking guests our top priority, Toyota has done a better job than ever this year of delivering exciting new, ever-better products with exceptional styling, performance and value,ā said Jack Hollis, group vice president of Toyota Division Marketing at Toyota Motor Sales, U.S.A., Inc. āToyota's rise and continued improvement on Interbrand's Best Global Brands ranking reflects our guests' trust in the efforts of our dedicated dealers and team members.ā
Beginning in January, Toyota introduced all-new or refreshed versions of the Prius, Tacoma, RAV4, Land Cruiser and Avalon in 2015. Additionally, Toyota is driving towards the future of mobility with the new hydrogen fuel cell vehicle Mirai and the Toyota Safety Sense packages of safety technologies, anchored by automated pre-collision braking.
Toyota has also recently launched global initiatives such as the Toyota New Global Architecture (TNGA), which allows Toyota to reduce development costs while boosting basic vehicle performance, leading to a more efficient and cost-effective manufacturing process. Additionally, Toyota continues to demonstrate how it contributes to society through commitments like the Toyota Mobility Foundation, which helps advance mobility solutions around the world, and the i-Road, which demonstrates an innovative approach to personal mobility.
āThe Best Global Brands report examines what it takes for brands to succeed in todayās hyper-fragmented world. As people demand immediate, personalized and tailored experiences, business and brands need to move at the speed of life,ā says Jez Frampton, Interbrandās global chief executive officer. āMany of the brands in this yearās Top 100 are so intuitively aligned with peopleās priorities that they are able to seamlessly integrate into their everyday lives.ā
Interbrand publishes the ranking of the top 100 brands based on a unique methodology analyzing the many ways a brand touches and benefits an organization, from attracting top talent to delivering on customer expectation. Three key aspects contribute to a brandās value: 1) the financial performance of the branded products or services; 2) the role of the brand in the purchase decision process; and 3) the strength the brand has to command a premium price, or secure earnings for the company. The 2015 rankings represent Interbrandās 16th annual ranking of the worldās best brands.
For more information about Interbrandās Best Global Brands report, please visit http://interbrand.com/best-brands/best-global-brands/2015/.