Preview

A Case Study on: Toyota Revs Up U.S. Sales

Satisfactory Essays
Open Document
Open Document
744 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
A Case Study on: Toyota Revs Up U.S. Sales
A Case Study on-

TOYOTA REVS UP U.S. SALES

SUBMITTED TODr. A.K.M. MONIRUZZAMAN
PROFESSOR DEPARTMENT OF MANAGEMENT STUDIES FACULTY OF BUSINESS ADMINISTRATION JAGANNATH UNIVERSITY

SUBMITTED BYMD. MARUF-UL-ARIF
Roll: M 130202549 MBA (EVENING) SESSION: SUMMER 2013 DEPARTMENT OF MANAGEMENT STUDIES

SUBMIT DATE06-09-2013

FACULTY OF BUSINESS ADMINISTRATION JAGANNATH UNIVERSITY

Summary

Since 1903, Chevrolet or Ford has been the best-selling car brand in the United States until 2002. Between two competitors, Ford is the first position in the market that year Toyota motor corporation of Japan sold cars nearest to the two competitors and Toyota will pass Ford in the very near future as because for the effectiveness of its long-term planning, modest goal and Toyota developed Strategy that modest growth in Japan, Europe and North America that was biggest opportunities in Southeast Asia but unfortunately economics level of Southeast Asia has slowed. The Japanese market is becoming more competitive for Toyota and the firm is losing sales to Honda & Nissan. For recovering this situation, Toyota’s manger intend to exploit opportunity fully and Toyota sales more vehicles in the states than in Japan. Than the firm uses corporate level strategy to focus on U.S market this strategy leads the firm into top place in the America market.

“WE Must Americanize.” - Fujio Cho Toyota Motor Corporation

Q.1. List the threats and opportunities that Toyota is facing in its environment. Then list the strength and weakness of Toyota?
Answer: Basis on the Toyota’s business environment, Toyota facing some several threats and opportunities. These are point out in the below: Threats: 1.The economies level of Southeast Asian countries has slowed. 2. The Japanese market is getting more competitive for Toyota. 3. Toyota is losing sales to Honda and Nissan. 4. Initially Ford and Chevrolet has been best-selling car brand in the U.S market.

Opportunities: 1. Exploiting of

You May Also Find These Documents Helpful

  • Good Essays

    This article explains the source of Toyota’s successful “insatiable competitiveness that would seem un-American were it not for all the Americans making it happen.” What drives Toyota is “the presumption of imperfection and a distinctly American refusal to accept it.” Toyota is growing while other competitive companies like “Ford” and “GM” are struggling. Some of them terminated their business, while Toyota is opening new factories, at lower labor costs. There are many reasons for their success.…

    • 344 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Lexus Rx

    • 380 Words
    • 2 Pages

    In 2008, Toyota was ranked the world’s number one in motor vehicle production volume with more plants opening in Canada, USA and Mexico. Due to the worldwide recession, Toyota sales dropped tremendously, thereafter. Beginning in early 2010 Toyota’s sales, and stock price dropped again due to accelerator and brake problems with a number of their cars. People were afraid to drive and purchase the 2010 Prius as the brake problems occurred mainly in this line of car. Toyota was no longer ranked number one in motor vehicle production due to the problems the company faced in 2010. Currently in 2011, Toyota is concerned about how well the Lexus RX 330/350 has done in the North American market? Due to this matter, the operation management team has produced a report that concerns the Toyota Motor Company’s North American Lexus production decision made a few years ago and the production of Toyota’s strategy for North America.…

    • 380 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    BUS 357 Research Paper

    • 2491 Words
    • 10 Pages

    The purpose of this paper is to discuss the Toyota Motor Corporation from a global and international business standpoint so that the reader may understand why the company has become one of the largest automobile producing countries in the world. Toyota is an auto making company that has been around since the 1940s and has gradually made its way towards the top to become one of the largest industries in the world. The company has goals that they continually work to achieve, and also strong management practices that keep them slightly ahead of their competition. The leadership that Toyota pursues has a positive affect on where the company stands globally. The company also uses e-commerce, which has greatly benefitted the company in several ways. It has allowed the business to grow, as well as save them money and work more efficiently. Their organizational structure consists of teamwork between employees and the company stands behind having satisfied employees. After all, the most important philosophy that the company possesses states that the customer is the priority and the key to success is in its people.…

    • 2491 Words
    • 10 Pages
    Best Essays
  • Better Essays

    This report contains a strategic profile of Toyota, containing a strategic analysis of the company.…

    • 1977 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    Toyota is a recognized brand, a reliable automotive maker and has a huge brand image. The company produces various kinds of cars, such as passenger car, light car, sport car, luxury car, SUV, HV, EV, PHV (plug in hybrid), and we can choose and buy them. Toyota’s cars have a lot of polished design, unique colors and clear trim which is attract to customers easily. Furthermore, the company has an innovative technology and big global market share (12%) in the world.…

    • 2311 Words
    • 10 Pages
    Powerful Essays
  • Best Essays

    Environmental Analysis Paper

    • 2768 Words
    • 12 Pages

    As many may be aware, Toyota is not shy to the media spotlight. Toyota has been the number one automobile distributor since 1935 when the founder, Kiichiro Toyoda revealed their first model the A1 and by the 1950s. Toyota had produced more than 100,000 vehicles. However, not all of Toyota’s fame has been popular. Many will remember the major automobile company by the massive number of recalls totaling nearly one million, occurring in several countries across the globe. Half of the recalls were in Japan alone, but others were in the United States, Zimbabwe, South Korea, China, and Tanzania, to name a few. The recalls were from acceleration problems in different vehicles such as the Prius, Hybrid, Camry, and Sequoia Sports Utility Vehicles. On February 1, 2010, Toyota Canada Incorporation made the announcement that it would be recalling approximately 270,000 Toyota vehicles equipped with a specific accelerator pedal assembly and suspending delivery of the eight models involved in the recall on January 26, 2010. In this paper, Team C will elaborate on Toyota and its marketplace, provide the latest corporate reports, compare the three macroeconomic variables of employment, GDP and how it relates to Toyota’s deficit performance, provide its environmental analysis, and analyze information that identifies any relationships between the United States economic trends and the operational performance of Toyota.…

    • 2768 Words
    • 12 Pages
    Best Essays
  • Good Essays

    Toyota Motor Corporation is a worldwide company that specializes in automobiles, which are manufactured around the world. Toyota’s mission “has been to contribute to society by producing high quality products and services, while reducing the environmental impact of our operations (Investor Fact Sheet, 2013).” The North American Region will be the segment that is concentrated on in this individual learning project. Toyota Motor Corporation was first introduced to the United States in 1957. Within this same year on “August 25th, 1957, two Toyopet Crowns were imported to the United States” and on “October 31st, 1957, Toyota Motor Sales, U.S.A. Inc is established (Timeline, 2013).” The North American region began manufacturing vehicles in 1986. Toyota developed this region because “Toyota is committed to building vehicles where they are sold (Investor Fact Sheet, 2013).” With that said, the North American region has shown tremendous growth with 14 manufacturing plants and over 20 million vehicles manufactured. The total sales of products for the North American region in 2010 were $190,507 million (Investor Fact Sheet, 2013). As a result of these achievements, the North American region has become one of the top sales by region following Japan.…

    • 675 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Toyota Recall

    • 1391 Words
    • 6 Pages

    To maintain its impressive rate of growth Toyota will have to conduct effective public relations damage control in an attempt to safeguard its stellar reputation as a manufacturer of highly reliable automobiles. The Toyota Motor Corporation has been around for greater part of last century. It really started to make a strong entry in the North American and European car markets in the mid 1970 's. Their successful product offering combining low prices and high reliability have been huge factors in its successful profitable market-share growth ever since. Toyota Motor Corporation is a Japanese multinational corporation and the world 's second largest automaker making automobiles, trucks, buses and robots and providing financial services. Based in Toyota, Aichi, Japan, the company…

    • 1391 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    In the same Situation was Toyota Motor Corporation that had to find a strategic solution.…

    • 948 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    Although many other Asian automobile manufactures have earned a reputation for building high-quality cars, they have been unable to overcome Toyota's advantages in human resource management, supplier networks and distribution systems in the highly competitive US market.…

    • 1190 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    In tough times and good times, you will see Toyota Motor Corp. at the top of the list for automobile manufactures around the World. During the collapse of the United States mortgage industry many businesses and economies around the World started failing and even became bankrupt and needed bailouts to survive. Toyota stayed on par with the big three auto manufactures in the United States without needing help from our federal government like the rest of them did. “Even after becoming the first auto company to make more than 10 million cars in a single year, Toyota Motor Corp. said Tuesday that it would refrain from building any new plants for at least two more years. Nobuyori Kodaira, executive vice president of Toyota, said that the company planned to heed the lessons it learned during the global financial crisis that began in 2007, when it struggled for several years with overcapacity before demand recovered (Pfanner 2014)”. As a result of an economic recession, Toyota’s sales were down in 2008, but the Toyota brand outsold Chevrolet to become the number one selling automotive brand in America, and Camry retained its crown as the number one selling car in the nation for the eleventh time in twelve years.…

    • 2237 Words
    • 12 Pages
    Powerful Essays
  • Satisfactory Essays

    Concerning the analysis of a company 's strategy , this will discuss about the strategy of Toyota in dealing with the fierce competition in automotive industry in the world . The discussion includes the company 's strategic planning vision , mission , and environmental analysis like PESTEL , Porter 's Five Forces analysis , Value Chain ,…

    • 320 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Toyota Swot Analysis

    • 352 Words
    • 2 Pages

    - Provides all the crucial information on Toyota Motor Corporation required for business and competitor intelligence needs…

    • 352 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    * New investment by Toyota in factories in the US and China saw 2005 profits rise, against the worldwide motor industry trend. Net profits rose 0.8% to 1.17 trillion yen ($11bn; £5.85bn), while sales were 7.3% higher at 18.55 trillion yen. Commentators argue that this is because the company has the right mix of products for the markets that it serves. This is an example of very focused segmentation, targeting and positioning in a number of countries.…

    • 2429 Words
    • 9 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Company Analysis

    • 596 Words
    • 3 Pages

    This essay attempts to study Toyota Motor Company through various business dimensions. Firstly it will see the functions performed by the company’s distributors and the ways company disseminates its products and services and how does company intend to take on their distribution strategy.…

    • 596 Words
    • 3 Pages
    Satisfactory Essays