Strengths

The biggest weakness the company faces is its decline in the American market. The group is not as well known or established in the American continent, which may be the reason, although they have various brands within their company they are still unable to compete in the American automobile

Managing a business has to consider two factors, the internal and the external. These two must be given importance because they will affect the business means of achieving its goals and objectives. The internal factors include the strengths and weaknesses that are within the business reach and control. On the other hand, external factors include the opportunities and threats that are beyond the entities control.

Today’s society now has a greater concern for the environment which can affect the automobile industry. More people want hybrid or fuel efficient cars to decrease their carbon footprint. People also want to see businesses take on more corporate social responsibility as well as continuing advances in technology.

Since their start Toyota have created a name for themselves, a name of offering the

In this article “Why the Gasoline Engine Isn’t Going Away Any Time Soon,” Joseph B. White states that alternative energy cars could be the start of a revolution in the automaker world, however, complications interfere with the outcome. Although the author suggests different ideas on alternative vehicles, he contradicts himself numerous times while also lacking credibility of any sources.

In regards to the social changes the automobile industry is receiving from heavy feedback from their consumers. There is a need for automobile manufactures and engineers to create vehicles that environmentally friendly and conscious of their carbon footprint. The days of making huge gas guzzlers and air pollutant vehicles are long gone. In response to this social change outcry manufactures have stepped up to the plate, creating more hybrid and electric vehicles. For Autozone this could possible be unsettling, due to the fact that the technology that goes into creating and maintaining vehicles such as these parts will not be so easily accessed.

Similarly government regulations in the United States and Europe are tightening up, consequently requiring cars to be cleaner and more fuel efficient. As a result, the collaboration with BMW is paramount to getting the most fuel efficient vehicles to the market in a timely manner so that GM can harvest a substantial profit. (3) In addition General Motors is working on the next generation of fuel efficient and gasoline free vehicles to help reduce the impact of the vehicle on the environment, while preserving personal mobility, which further indicates its commitment to innovation. (6)

Opportunities: 1. Producing environmentally friendly cars. Prius has large demand. 2. Urban youth presents an attractive segment for Toyota. 3.

in the economy division by producing high quality car parts with the lowest lifetime price.

The new inventive designs of vehicles to make them more fuel efficient gives the industry a chance to lower prices because of a lower profit margin and that gives them the opportunity to be more price competitive. Providing better prices for services than other companies who do the same thing will bring in a lot more business to the company. More business is an opportunity to expand operations and invest in even more ways to save money and expand the company.

Toyota is a leading company, and for over 70 years. It has been expanding business all over the world and

Every successful automobile manufacturer found success in expanding their product lines to a variety of

Huge brand equity and one of the biggest players in the two wheelers Indian market

It has made its name in the global market and has given a good competition to other companies in automobile sector.

Th!nk was created to be inexpensive to consumers and as a solution to various issues. It was initially created as a solution to the 1973 oil crisis, then later to meet the government environmental law. BMW is a luxury car company known for its continuous innovation in its production process and its high-end vehicles. Their innovation processes aim at reducing their production and operation cost while being environmentally friendly and they have been very successful in achieving both.