preview

Honda Marketing Research

Better Essays

Built upon innovation and dreams, Honda Motor Company Ltd. being a Japan public multinational corporation is well known as a manufacturer of cars and motorcycles. Honda was established on 24 September 1948 and the respected founder is Soichiro Honda, borned in 1906 in Hamamatsu, Shizuoka Prefecture of Japan. Mr Soichiro’s father owned a blacksmith 's shop and earned living repairing bicycles as an avocation. In his youth days, Soichiro Honda was apprenticed to a car repair shop in Tokyo. In 1923, the Japanese government made the decision to invest in mechanized mass transit. Taking the opportunity, of this relatively flourishing period, Soichiro Honda embarked on a number of his own creation projects, showing an exceptional and …show more content…

This fund, HDF started in January 2007 sponsors about 20 underprivileged youths every year as an aid to help them pursue their dreams and ambitions in almost any field of their own preference. Honda Malaysia stands firmly and strongly on its motto "The Power of Dreams". This slogan represents the ever-changing and growing needs of the future, whereby the future includes better technology, along with a better value. Honda Malaysia being a successful and strong brand image company in the automobile industry is constantly in an environment to compete with competitors and new entrants to the market. Even with their brand position now, Honda maintains their image in the market using different strategies and unique product differentiation among the automobile companies in Malaysia. The world’s automobile market is very competitive nowadays with various automakers from all over the world. The main competitors of Honda in the automobile industry in Malaysia would be Toyota Motor Corporation and Nissan Motor Company Ltd. Toyota founded in year 1933 by Kiichiro Toyoda is a Japan-based multinational automaker with a dominant name in vehicle manufacturing industry. The Toyota group is one of the major car labels under the corporation and serves as a main threat to Honda as it tied with the well-known vehicles worldwide.

Get Access