Toyota Motors Corporation chose their mission and vision to reflect their core values, strategic direction, and commitment to excellence in the automotive industry: Mission "Producing Happiness for All": - Toyota emphasizes addressing mobility challenges and producing happiness for all customers through their products and services.- This mission statement aligns with their focus on customer satisfaction, stakeholder management, sustainability, and corporate social responsibility.- By aiming to create happiness for all through their mobility solutions, Toyota sets a customer-centric approach that drives their business operations. Vision "Creating Mobility for All": - Toyota's vision of creating mobility for all reflects their commitment to providing quality transportation solutions to a broad range of customers.- The focus on raising the quality and availability of mobility aligns with their strategic goals and innovative capabilities in the automotive sector.- This vision statement guides Toyota's product development strategies, competitive advantages, and sustainable practices in the global automotive market. Toyota chose this mission and vision to: 1. Emphasize Customer-Centricity: By focusing on producing happiness for all and creating mobility solutions for everyone, Toyota places customers at the center of their operations.2. Drive Innovation and Sustainability: The mission and vision statements guide Toyota's commitment to innovation, quality, and sustainability in their products and services.3. Set Strategic Goals: The mission and vision statements help define Toyota's strategic direction, values, and long-term objectives in the automotive industry.4. Reflect Company Values: Toyota's mission and vision reflect their commitment to excellence, customer satisfaction, and social responsibility in all aspects of their operations. Overall, Toyota Motors Corporation's mission and vision statements serve as guiding principles that shape their corporate culture, strategic decisions, and focus on meeting customer needs while driving innovation and sustainability in the automotive sector.