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introduction
Honda Motor Company, Ltd is a Japanese public multinational corporation primarily known as a manufacturer of automobiles and motorcycles. Honda has been the world's largest motorcycle manufacturer since 1959, as well as the world's largest manufacturer of internal combustion engines Honda surpassed Nissan in 2001 to become the second-largest Japanese automobile manufacturer. Honda is the sixth largest automobile manufacturer in the world. The company achieved the number one position among all mass production cars sold in the USA
Type: Public company Industry: Automotive, Aviation Founded on 24 September 1948 Founder(s): Soichiro Honda, Takeo Fujisawa Headquarters: Minato, Tokyo, Japan Key people: Takanobu Ito (President, CEO, & Representative Director)
products
Automobiles, Motorcycles Scooters , ATVs, Electrical Generators, Water pumps, Lawn and Garden Equipments , Tillers, Outboard motors, Robotics, Jets, Jet Engines, Thin-film solar cells
stats
Revenue: US$ 107.82 billion (2011) Operating income: US$ 6.87 billion (2011) Net income: US$ 6.44 billion (2011) Total assets: US$ 139.61 billion (2011) Total equity: US$ 53.69 billion (2011) Employees:179,060 (2011) Subsidiaries: Acura, Honda Aircraft Company
Cutting-edge technology
Their fundamental design philosophy seeks to maximise space and comfort for people, while minimising the space required for mechanical components. With this aim in mind, Honda's R&D activities include product-specific development and fundamental research.
Some of the technologies include, Combi Break System HondaMatic Transmission Fuel Injection System Idle Stop System Honda Fuel Cell Vehicle, Honda FCX
Management policy
Honda works to ensure that the products and services result in 3 joys: Joy for people who buy them. Joy for those who sell them and Joy for people who produce them.
QUALITY OBJECTIVE
Maintain an international viewpoint , we are dedicated to supplying products of the highest efficiency yet at a reasonable price for worldwide customer satisfaction.
Honda products
TQM AT HONDA
PDCA CYCLE
Basic principle of TQM is to bridge the gap between Target and Status quo. PDCA cycle to bridge the gap : Make initial plan. Implement the plan. Analyse the outcome. Recognise new problems and improve the process of operation. Repeat process till target is achieved.
CONCLUSION
Honda operates a TQM system. Its philosophy is to push quality back to the supplier, expecting the products to arrive defect free to Hondas defined level. But this wont ever stop the company from checking. With the tolerances and the complexity of some of the components, weve found that some suppliers are not always able to guarantee meeting our specs so we rely heavily on inspection. For the more critical components, particularly safety critical components, we carry out 100% inspection, says Honda.
Operations Director, Professor Gary Savage, adds: Last season Honda recorded zero stoppages due to reliability of the chassis. The TQM system clearly contributed significantly to this. Our aim now is to maintain this record as we move forward and the system and processes will develop in order to facilitate this aim.
TOKYOHonda Motor Co. said it would voluntarily recall 962,000 cars world-wide to repair problems with power window. The car maker said no serious injuries or fatal accidents have been reported as a result of the problems. The company estimated it would spend 1.29 billion ($16.8 million) in Japan for the recall.
Honda, Japan's third-biggest car maker by volume, recalled more than 2.3 million vehicles in early August, citing problems with automatic transmissions. A Honda spokeswoman said there were nine reported cases of vehicles catching on fire in Japan and China because of the power-window problem. She also said two people reported light burns after touching overheated switches.