Make Way for the Green Machines!
…Is Toyota making competition for themselves when surrounded by competition??
This stems from Toyota’s market research showing, “positive reception for new technology, such as the hybrid, surprised Toyota, underlying the deep interest the public has in reducing emissions and protecting the environment” – T. Uchiyamada.
Toyota is not the only one working on more green innovations. Most of the U.S. carmakers are perfecting their new releases to close in the gap. Prius’ top ranking is severely under threat not only in the U.S., but worldwide.
In addition to all the new green autos hitting our U.S. roadways, European carmaker Pugeot is also coming out with their hot new concept, the Onyx, that is a sleek, sexy car that has 680 horsepower BUT gets comparable mileage to the Prius….sorry to say, when it comes to cars, I’m no loyalist, and if I can get all the perks of a Prius in the shell of a head-turning statement car – I’m all in!
How do I feel about being in direct competition with yourself?? Not so optimistic! With a launch of so many new vehicles and product line extensions, it seems more like this will result in cannibalism. In the long run, I don’t think Toyota will see a substantial increase in revenue from this, but perhaps a marginal increase divided up amongst the rest of their models.
This is an overzealous and half-baked plan, have they even thought about how all this competition saturating the market will affect their bottom line? Instead of trying to make up for lost time and revenue due to the financial crises and instability due to the natural disasters in Japan, I feel it would be wise to pace yourselves.
Can’t wait to see all the new innovations, anyway ……!







