Preview

Plug-in Hybrid and Toyota

Best Essays
Open Document
Open Document
5621 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Plug-in Hybrid and Toyota
Marketing Management – MRK-1101
Case Study
Marketing Environment

Prius: Leading a wave of Hybrid

About Toyota

Founded by Kiichiro Toyoda, Toyota Motor Corporation is a Japanese multinational corporation that is principally engaged in the production of cars, vans, trucks, buses and robots. Alongside its extensive vertical and horizontal integration, Toyota participates in the construction of houses, production of textile machinery, real estate market, financial activities, and biotechnology research.
Currently, its president and representative director is Akio Toyoda, and is headquartered in Aichi, Japan. Over time, Toyota Motor Corporation has been awarded the title of largest automobile producer in the world, along with the privilege of being the twelfth largest company in the world.
Toyota has 50 manufacturing plants, 170 distributors, 326,000 employees and 660,000 shareholders around the globe. In the fiscal year ended 2012 March 31, it sold more than 7,351,000 vehicles. The largest portion of its production takes place in Japan along with most of its sales, closely followed by those made in North America. According to the R & I (Rating and Investment Information Inc.), Toyota is in the AAA category, this being the highest.
Among its greatest creations, characterized by creativity and strength, are the methods of production and procurement "Just In Time" and “Jidoka”, the first mass-produced hybrid car and widespread distribution (Prius), the first automatic parking system in a vehicle and the most sold car in world history (Corolla - more than 37.5 million units).
Through four global strategic business units (Cars & Minivans, Trucks, Crossovers & SUVs and Hybrids & EVs) and many international branches, Toyota attends to completely different markets, meaning it commercializes a complete line of products for each type of customer and every region of the world, by developing both global and regional models. Brazil is different



Bibliography: GRISKEVICIUS, Vladas; TYBUR, Joshua M; VAN DER BERGH. ‘’Going Green to Be Seen: Status, Reputation, and Conspicuous Conservation’’. BramJournal of Personality and Social Psychology, 2010, Vol. 98 (3), 392-404 Websites: BERMAN, Brad. ‘’ History of Hybrid Vehicles’’. Hybridcars. June 14 2011. [Online] http://www.hybridcars.com/history-of-hybrid-vehicles/ (February 2nd 2013) COBB, Jeff DUNN, Max. ‘’ Case Study: The Toyota Prius’’. Academia.edu. March 3rd 2010. [Online] http://www.academia.edu/239996/Prius_Marketing_Case_Study (January 30th 2013) IJICHI, Takahiko.’’FORM 20-F’’ JACOBS. ‘’ Hybrid Car Vs. Gasoline Car’’. Livestrong.com. July 19th 2010. [Online] http://www.livestrong.com/article/178859-hybrid-car-vs-gasoline-car/ (January 30th 2013) JORDI ORLOFF, Jeffrey. ‘’Hybrid Vehicle’’. About.com. [Online] http://saveenergy.about.com/od/fuelingyourautomobile/g/Hybrid.htm (January 30th 2013) ROOS, Dave ‘’Federal tax credits for hybrids’’. U.S. department of energy. [Online] http://www.fueleconomy.gov/feg/tax_hybrid.shtml (January 31th 2013) ‘’ How Many Stars Own A Prius?’’ ‘’ Hybrid / Electric Vehicle Statistics’’. Statistic Brain. September 6th 2012. [Online] http://www.statisticbrain.com/hybrid-electric-vehicle-statistics/ (January 31th 2013) Major forces impacting Toyota’s environment – Google documents [Online] http://satya.limewebs.com/ (January 30th 2013) ‘’ Prius: Leading A Wave Of Hybrids’’ TOYOTA EARTH DAY PROGRAM. “About the Scholarship”. EarthDay.ca [Online] http://www.earthday.ca/scholarship/about.php/ (January 25th 2013) “Toyota’s extensive history” [Online] http://www.writing.com/main/view_item/item_id/1659853-Toyota-Motor-Corporation/ (January 30th 2013) “Toyota Prius’ features cutting edge technology” [Online] http://www.toyota.com.au/prius/features/cutting-edge-technology/ (January 30th 2013) ‘’ Vínculo con la comunidad’’ ‘’What macro and micro environment affected the launch of Toyota Prius’’. Edublogs. June 6th 2011. [Online] http://leonardwalto211.edublogs.org/ ( Febuary 2nd 2013) -------------------------------------------- [ 1 ]. IJICHI, Takahiko.’’FORM 20-F’’. UNITED STATES SECURITIES AND EXCHANGE COMMISSION. (June 25th 2012). [Online] http://www.sec.gov/Archives/edgar/data/1094517/000119312512281223/d249054d20f.htm#rom249054_12 (January 31th 2013) [ 2 ]. MCINTYRE, Douglas. “The Best-Selling Cars of All Time”. 24/7 Wallstreet.com. January 26 2012 [Online] http://247wallst.com/2012/01/26/the-best-selling-cars-of-all-time/ (January 25th 2013) [ 3 ]. TOYOTA MOTOR CORPORATION. “Vision & philosophy”. Toyota-Global.com [Online] http://www.toyota-global.com/company/vision_philosophy/ (January 23rd 2013) [ 4 ]. TOYOTA MOTOR CORPORATION. “Code of Conduct”. Toyota-Global.com [Online] http://www.toyota-global.com/company/vision_philosophy/toyota_code_of_conduct.html (January 23rd 2013) [ 5 ]. ORLOFF, Jeffrey. “Hybrid Vehicle”. About.com. [Online] http://saveenergy.about.com/od/fuelingyourautomobile/g/Hybrid.htm (January 30th 2013) [ 6 ] [ 7 ]. COBB, Jeff. “December 2012 Dashboard’’. Hybridcars. January 8th 2013. [Online] http://www.hybridcars.com/december-2012-dashboard (January 30th 2013) [ 9 ] [ 10 ]. DUNN, Max. “Case Study: The Toyota Prius”. Academia.edu. March 3rd 2010. [Online] http://www.academia.edu/239996/Prius_Marketing_Case_Study (January 30th 2013) [ 11 ] [ 12 ]. Alvarez Newman, Diego. “El toyotismo como sistema complejo de racionalización”. Scielo.org.ar [Online] June 2012 http://www.scielo.org.ar/scielo.php?pid=S1514-68712012000100003&script=sci_arttext (January 28th 2013) [ 13 ]. TOYOTALAND. “Toyota Prius Chronological History”. Toyotaland.com [Online] http://www.toyoland.com/prius/chronology.html (January 23rd 2013) [ 14 ]. CELEBRITYCARS. “How Many Starts Own a Prius?” Celebritycarsblog.com [Online] http://www.celebritycarsblog.com/2011/01/how-many-celebrities-drive-a-prius/ (January 29th 2013) [ 15 ]. HYBRIDCAR. “Market Dashboard” Hybridscar.com [Online] http://www.hybridcars.com/market-dashboard/ (January 25th 2013) [ 16 ]. Cultivating Tomorrow’s Environmental Leaders. Toyota Earth Day Scholarship Program. [Online] http://www.earthday.ca/scholarship/about.php (January 30th 2013) [ 17 ]. TOYOTA EARTH DAY PROGRAM. “About the Scholarship”. EarthDay.ca [Online] http://www.earthday.ca/scholarship/about.php (January 25th 2013) [ 18 ]. 21 KOTLER, ARMSTRONG, CUNNINGHAM & TRIFTS. Principles of Marketing.Toronto. Eight Canadian, 2011. [ 19 ]. GRISKEVICIUS, Vladas; TYBUR, Joshua M; VAN DER BERGH. “Going Green to Be Seen: Status, Reputation, and Conspicuous Conservation”. BramJournal of Personality and Social Psychology, 2010, Vol. 98 (3), 392-404 [ 20 ] http://satya.limewebs.com (January 30th 2013) [ 22 ] [ 23 ]. GRISKEVICIUS, Vladas; TYBUR, Joshua M; VAN DER BERGH. “Going Green to Be Seen: Status, Reputation, and Conspicuous Conservation”. BramJournal of Personality and Social Psychology, 2010, Vol. 98 (3), 392-404 [ 24 ] [ 25 ]. TOYOTA MOTOR CORPORATION. “Vision & philosophy”. Toyota-Global.com [Online] http://www.toyota-global.com/company/vision_philosophy/ (January 23rd 2013) [ 26 ]. “Toyota’s extensive history” [Online] http://www.writing.com/main/view_item/item_id/1659853-Toyota-Motor-Corporation (January 30th 2013) [ 27 ]. TOYOTA Co. Vehicles. Toyota.com [Online] http://www.toyota.com (January 23rd 2013) [ 28 ]. DUNN, Max. “Case Study: The Toyota Prius”. Academia.edu. March 3rd 2010. http://www.academia.edu/239996/Prius_Marketing_Case_Study (January 30th 2013)

You May Also Find These Documents Helpful

  • Good Essays

    There are four different phases of the product life cycle (PLC). Introduction is phase 1, and the Prius was introduced more than a decade ago. Phase 2 is Market Growth, which the Prius achieved very quickly. So quickly, in fact, that Toyota’s manufacturing couldn’t keep up with the demand so they had to back off the marketing to get caught back up. Some might think the Prius is currently in Phase 3: Product Maturity, which would be followed by Decline (Phase 4). In actuality, the Prius has been going through re-introduction and product innovation for multiple classes of the Prius. The competition for Hybrids is high, but Toyota has been trusted as the original pioneer for Hybrid cars, and their continued introduction of multiple Hybrid models satisfy multiple market segments.…

    • 447 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Bibliography: Crawford, Martin, Auto technology comes a long way (Toronto, Canada, Toronto , 2012) P.1…

    • 939 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    Hirsh, Evan, Steve Headlund, and Mark Schweizer. "Reality Is Perception: The Truth about Car Brands." Strategy+business. N.p., Fall 2003. Web. 22 Sept. 2014. http://www.strategy-business.com/article/03302?pg=all…

    • 2132 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    Case Study Toyota

    • 508 Words
    • 3 Pages

    2. Toyota’s marketing strategy centers around consumers and their needs. Originally, Toyota marketed Prius as an alternative to fuel only vehicles taking the earth friendly approach. Marketing consisted of advertisements, promotions, vehicle incentives, sponsorships, press releases and Toyota’s reputation to draw in consumers. As competition arose, Toyota looked to market what consumers wanted, bigger, more powerful and better designed vehicles (p.666). Toyota began introduction to their second generation Prius, marketing what suited their consumer’s needs. Today, Toyota still uses the same marketing tools as before, but now they have expanded into a broader market giving consumers options (p.666).…

    • 508 Words
    • 3 Pages
    Satisfactory Essays
  • Best Essays

    Anderson, Curtis D., and Judy Anderson. Electric and Hybrid Cars: a History. 2nd ed. Jefferson, NC: McFarland, 2010. 109-115. Print.…

    • 3285 Words
    • 14 Pages
    Best Essays
  • Powerful Essays

    References: Eartheasy.com (2000 - 2004) The new hybrid cars. Retrieved June 19, 2004 from http://www.eartheasy.com/live_hybrid_cars…

    • 2823 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    If you listen to the car companies, hybrid cars are the best invention since sliced bread. While there are many reasons to buy a hybrid car, including a new tax incentive for US owners, it doesn 't hurt to have a good understanding of how they work. This article explores the myths, benefits and drawbacks of owning one of these new "green" vehicles. Are hybrid cars really more cost effective?…

    • 1236 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    The high price of gas at the pump has many Americans looking for alternates to their gas powered vehicles. One of the most popular option right now is a hybrid vehicle. The question that comes to mind is, are hybrid vehicles worth it? With record high gas prices due to the price of oil, most car owners out there have major concerns over their gas usage. Over the past ten years, the cost of gasoline has grown 250%! The price of oil has doubled since January of this year. The high prices of oil and gas is the driving factor for most of the people to trade their gas powered vehicles for hybrid vehicles. These vehicles promise to give consumers more mileage per gallon, the truth is that only a few vehicles currently in the market…

    • 1197 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Essay On Hybrid Cars

    • 691 Words
    • 3 Pages

    Hybrid or electric cars have been developed over time by using ideas from hundreds of different people over hundreds of years. No one person can be given credit for this invention. The history of electric cars is divided into three different parts. The early years, from 1890-1929. People were very interested in this new idea. The middle years, from 1930-1989. During this time, not many people wanted to buy hybrid or electric cars. The current years from 1990-present. Hybrid cars are considered a better choice for the environment over cars that are powered by gasoline.…

    • 691 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Hybrid Cars

    • 1500 Words
    • 6 Pages

    Here is an alarming statistic: According to the website GreenerCars.com, the United States is the world’s largest emitter of carbon dioxide. Carbon dioxide is the main greenhouse gas that causes global warming (Open with impact/Gain attention).…

    • 1500 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    Toyota Motor Company is a Japanese automotive company that is founded on August 28, 1937 by Kiichiro Toyoda – Son of Sakichi Toyoda, where his father owns a company that specializes in manufacturing automatic looms. The company Toyota is one of the largest automotive manufacturers in the world, owning Lexus, Daihatsu and Hino, it was ranked 1st for producing the most units in 2010. At present, Fujio Cho – Chairman and Representative Director and Akio Toyoda (Grandson of Kiichiro Toyoda) – President and Representative Director are the key management people of Toyota. A special note is that Fujio Cho is one of the two people out of the Toyoda family that lead Toyota Motor Company. Toyota’s core business is the manufacture and sale of automobiles where there are approximately 70 different models on sale under Toyota’s name, with different product lines such as sedans, coupes, vans and hybrids to suit different market needs globally. With 36 factories in 28 nations around the world, 8 of those are in Japan to cope with all the models that Toyota is producing. Toyota’s main competition would be Honda, Nissan for domestic competitors and Volkswagen and Ford for international competitors.…

    • 439 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Wikipedia

    • 1261 Words
    • 6 Pages

    There is a lot of information that this article provides about hybrid cars and their advancement in technology these days. When you open up to the website page you will see in the introduction paragraph that they explain what a hybrid vehicle is and what the difference is from a regular vehicle. With the introduction they have a column where they tell you the different types of hybrid powers like coal, solar, wind, electricity, etc. This can help when you are trying to explore this subject and you don’t know a specific definition or you just simply don’t know what a hybrid vehicle is. They have pictures on the right-hand side of the article which will also help you identify the different hybrid vehicles we use in today’s society. I think all this information is very helpful because for users it is easier to navigate through the web page. It makes it really organized also, so for each web page it is the same concept.…

    • 1261 Words
    • 6 Pages
    Good Essays
  • Better Essays

    A hybrid vehicle is a vehicle that uses two or more distinct power sources to move the vehicle.The term most commonly refers to hybrid electric vehicles (HEVs), which combine an internal combustion engine and one or more electric motors.Everyone should drive hybrid car. Why are hybrids car popular? what makes them attractive for car manufacturers to invest in developing this new technology? Well, everybody also wondering the advantages and disadvantages of it. So, from this essay we will discuss about this matter thoroughly.…

    • 1418 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Toyota Background

    • 1607 Words
    • 7 Pages

    INTRODUCTION Toyota is one of the world's best-known and most successful businesses, building cars and trucks in 26 countries for sale in more than 170 markets around the globe. Worldwide production was 9.2 million (8.2 million for Toyota and Lexus brand vehicles) in 2008, making Toyota Motor Corporation (TMC) the world largest vehicle manufacturer in terms of product volume…

    • 1607 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    Davin Tanzil

    • 3167 Words
    • 13 Pages

    Toyota Motor Corporation (The Abbreviation is TMC) is a Japanese Multinational automaker from Aichi, Japan. In the exact 2010 year It is reported that He employed 300.734 employers worldwide (around the world) and He became the largest automobile manufacturer by its production and by Its revenue, Toyota ranked the 11th largest Company in the world and in July 2012 The Company reported that They had manufactured its 200 million vehicle or Motor mobile.…

    • 3167 Words
    • 13 Pages
    Powerful Essays