Browse Case Studies by
Case Studies in
- Corporate Governance
- Corporate Social Responsibility
- Economics
- Enterpreneurship
- Finance, Accounting & Control
- Leadership
- Marketing
- Organisational Behaviour / HRM
- Social Entrepreneurship
- Strategy
- All Case Studies »
Concept wise Case Studies
- Growth Strategies - Vol. I
- Growth Strategies - Vol. II
- MNCs in China - Vol. II
- Retailing Industry - Vol. I
- Media and Entertainment Industry - Vol. I
- » All Concept wise Cases
Industry wise Case Studies
- Apparels and Accessories
- Information Technology & Software Services
- Credit Cards
- Personal Care
- Appliances
- » All Industry wise Cases
Region wise Case Studies
Growth Strategies Case Study
Case Title:
Toyota : Aiming for Larger Presence in Europe
Publication Year : 2006
Authors: Taranjeet Chawla, Kumar Satyaki Ray
Industry: Auto Manufacturing
Region: Europe
Case Code: GRS0226K
Teaching Note: Not Available
Structured Assignment: Not Available
OR
Abstract:
In the early 2000s, Toyota, the second largest automobile manufacturer in the world after GM, was planning to expand its small car range in Europe. Despite its long presence in the continent the company could not gain a significant share of the European auto market. The company realised that it was due to growing consumer preference for smaller and cleaner cars. Another major factor, according to the company, was that the styles and looks of the Asian car models did not appeal to the European customers. In order to gain a larger share of the market, Toyota localised it European operations by setting up manufacturing facilities, engine plant, design studio etc. within the continent. It also launched several small car models to attract the Europeans.
The case discusses in brief Toyota’s history and its European operations along with the automobile market of Europe. The case also highlights how the company is trying to streamline its European business. Finally, it raises a question regarding Toyota’s ability to boost its market share in Europe.
Pedagogical Objectives:
- To discuss Toyota’s strategies to increase its market share in Europe
- To develop an understanding of the automobile market of Europe
- To analyse how Toyota sensed customer demands and localised its design, production and marketing
- To understand the importance of new product launch.
Keywords : Toyota; Small car; European auto market; Yaris; Compact car; TMUK (Toyota Motor Manufacturing UK); Growth Strategies Case Study; Peugeot-Citroen; Avensis; Corolla; Lexus; Aygo; General Motors; Ford; Hyundai; Honda
Contents :
Introduction
About Toyota
Automobile Market Of Europe
Toyota: Focusing On Europe
Steering Ahead
Toyota: Vehicle Production In Europe
