BMW and Toyota stand outJune 2008
A new ranking names BMW and Toyota as the best car-makers in the efficient use of social and environmental resources in production.
An analysis of the 16 largest automobile manufacturers found the two were the leaders ‘by a long chalk’. The worst ranked were Ford and General Motors.
The research, conducted by the management school at Queen’s University Belfast and the Institute for Futures Studies and Technology Assessment in Berlin, was based on publicly available data. It found that in 2005 Toyota generated €6.5billion (£5.2bn, $10.2bn) more profit than the average automobile producer would have achieved using the same resources, while BMW generated €2.93bn more. By contrast, GM had a negative figure of almost €14bn, indicating inefficient use of environmental and social resources.
Frank Figge, of Queen’s University, one of the researchers, said: ‘If similar differences were found in [actual] economic performance the very survival of companies would be put in question.’
Asian manufacturers were generally the most resource-efficient – Honda, Hyundai, Nissan and Suzuki all did relatively well. Fiat was the worst of the European companies and Mitsubishi the worst in Asia.
Already a member? click here to login