Honda and Toyota

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2013 2013 Group member Vu Thi Thu Hang Nguyen Thi Kieu Trang Nguyen Van Chi Dang Dinh Thanh Group member Vu Thi Thu Hang Nguyen Thi Kieu Trang Nguyen Van Chi Dang Dinh Thanh Honda and Toyota Financial statement analysis Honda and Toyota Financial statement analysis | | Contents A. Executive summary 2 B. Brief profiles and recently performance 2 I. Honda Company 2 1. Executive Summary 2 2. History: 2 3. Problem of Honda Company from 2010 to 2012 2 II. Toyota Company 3 1. Executive summary 3 2. Problem of Toyota’s company from 2010 to 2012 4 C. Financial Statement Analysis 5 I. Honda Company 5 1. Liquidity 5 2. Solvency 6 3. Summary 7 II. Toyota Company 8 1. Liquidity 8 2. Solvency…show more content…
media, although the causes of individual reports were difficult to verify. Government officials, automotive experts, Toyota, and members of the general public contested the scope of the sudden acceleration issue and the veracity of victim and problem reports. Various parties attributed sudden unintended acceleration reports to mechanical, electric, and driver error causes. Some US owners that had their recalled vehicles repaired still reported accelerator pedal issues, leading to investigations and the finding of improper repairs. The recalls further led to additional NHTSA and Toyota investigations, along with multiple lawsuits. On February 8, 2011, the NHTSA, in collaboration with NASA, released its findings into the investigation on the Toyota drive-by-wire throttle system. After a 10-month search, NASA and NHTSA scientists found no electronic defect in Toyota vehicles. Driver error or pedal misapplication was found responsible for most of the incidents. The report ended stating, "Our conclusion is Toyota's problems were mechanical, not electrical." This included sticking accelerator pedals, and pedals caught under floor mats. C. Financial Statement Analysis I. Honda Company 1. Liquidity

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