2. HISTORY
TOYOTA was started in1933 as the automobile division
of Toyoda Automatic Loom works, under the supervision
of Kiichiro Toyoda, the founder’s son.
3. CURRENT POSITION
As of now, Toyota is the world’s largest automaker!!!!!
Whoa!! That escalated quickly….
Well it didn’t…
Toyota has come a long way in its nearly 80 year history.
4. What does TOYOTA preach???
There have been various slogans given by Toyota, the ones that
standout are:-
• “Get the feeling.”
• “Today Tomorrow Toyota.”
• “The relentless pursuit of perfection.”
• “Most dependable”
and this one
right here.
YOU STEPPED
ON MY POINT
SON!!!!
5. WHO DOES TOYOTA TARGET????
TOYOTA targets nearly every individual that can afford and
maintain a car.
These include:-
•People who seek extreme luxury.
•People who use cars only as a necessity.
•People who are sports oriented.
6. WHAT MADE TOYOTA THIS BIG A
SUCCESS???
Toyota fulfilled promises of
regularly updated and mind-blowing
And tons and tons of
7. THE PRODUCT MIX
• Starting from the
Model AA to
introducing the Prius
and after many such
additions and
innovations the
current product mix
has embraced the
market firmly.
• And then, the Scion for
young adults.
• And it doesn’t stop
here…….
8. INTRODUCTION OF
• In1989,
Toyota
launched
Lexus, its
luxury
division,
promising an
unparalleled
experience,
starting with
white-glove
treatment at
the
dealership .
The Lexus
product mix,
as it stands
now, is
shown.
10. •Intended on making strong relations with customers
worldwide.
•Using popular faces and huge platforms
for advertising. EX-The tv show suits.
•Well placed marketing strategy.
11. •Each product sold is given high
priority and proper service.
•Guarantee and warranty better
than customer’s expectations.
•Values customer relations above
everything.
A rectification performed by Toyota:-
After learning about issues in its LS400 model from its luxury
brand Lexus, Toyota sent its engineers and mechanics to every
customer who bought the model and rectified the problem,
12. Problems and obstacles
•Problems in the Lexus LS400.
•The great vehicle recall of 2009, 8M cars
from all the segments got recall due to
errors.
•3.2 Billion dollar loss due to earthquake
and tsunami in Japan.
…
13. How did Toyota manage becoming so much bigger
than any other auto manufacturer??
14. •Targeting every segment that can own a car.
•Optimized pricing.
•Product is always centred around the consumer.
15. •Always finding ways to innovate.
•Mastery in manufacturing, increasing its
Productivity and market responsiveness.
•Exceptional service and customer support.
16. Has Toyota
done the right
thing by
manufacturing
a Car brand for
everyone??
Why or why
not??
19. •Pricing according to the segment.
•Number of varieties for every type of requirement.
20. Summary
•We got to know the history of TOYOTA.
•The Target segments.
•The strategies.
•The product mix.
•The Innovations and the advertising strategy.
•The customer relations.
•The problems faced by Toyota.
•The world’s biggest automaker.
•Cars for everyone.