It's no secret that the Toyota brand is a high recognizable one and is known for supplying drivers with quality vehicles that are able to withstand many miles on the road for extended periods of time. Every year, BrandZ compiles a list of the top 100 most valuable brands in the world and ranges across all industries. The automotive industry is heavily featured on the list and can you guess which brand leads them all?
It is quite obviously Toyota! The Japanese automaker ranked 23rd overall making it the highest scoring in its segment while also beating out competitors and other luxury vehicle brands. This shows that the Toyota brand still significant around the world and is further exemplified by its growth.
Toyota's value rose by 12 percent in the past year to bring the brand's value up to an estimated $24.5 billion. This is only a further indication that the brand is operating at full capacity and is slated to continue to grow and succeed.
The future is looking especially bright for the automaker due to all the buzz that has been generated around new Toyota models like the Prius and 2014 Corolla. The upcoming 2016 Prius is set for some refreshes while the new Corolla is to be modeled after the new Furia Concept and will undergo an extensive design.
At Elk Grove Toyota, we have a passion for all of the vehicles in Elk Grove, CA showroom and this passion has been inspired in us by the brand that we all love so much. If you want to experience what makes a new Toyota so wonderful, we invite you to visit us at 9640 West Stockton Blvd. or contact us online to arrange a test drive.