5. Toyota’s Product Mix
• It pays attention to markets needs and
demands and acts accordingly.
• 51 manufacturing units in 26 nations across
the world.
• Associated with durability, quality,
sustainability, safety, innovation and
reliability.
• Nineteen car models, which are further
broken down into different categories.
20. Summary
• Toyota became the market leader due to its philosophy of continuous development.
• It made products to suit the needs of different segment of the market.
• Also took cultures into account for advertising campaigns and that made it a success.
• However, it sacrificed quality for growth and soon failed and had to suffer huge losses.
• In the long run, continuous improvement and quality control are important factors.
21. DISCLAIMER
This presentation was created by Ishmin Singh, BITS Pilani Goa
during an internship under Prof. Sameer Mathur, IIM Lucknow.