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A case study on
TOYOTA PRIUS
Team Members
• Nija mol
• Nikhitha annie babu
• Praveen mathew
• Pooja k biju
• Rahul g dev
• Sissi mary shibu
- S4 MBA, MACFAST,Thiruvalla,kerala
Toyota history
 Began as a textile company in 1926 by Sakichi Toyota
(Toyoda Automatic Loom Works)
 In 1933, Kiichiro Toyoda established an automobile
department within Toyoda Automatic Loom Works
 In 1937 Toyota Motor Co. was established as an
independent company
 In 1947 started passenger car production
History cont...
 In 1958 sold their first cars in the United States
 In 1959 opened first plant outside of Japan, in Brazil
 In 1966 the first Corolla brand has come off the production
line
 In 1997 Toyota introduced the first hybrid(Prius) to the world
in japanese market
Today
 Today, Toyota has 51 plants in 27 countries
 In 2008 becomes the world’s largest car manufacturer
 In 2013 had a total sales of 9,98 million units
 Also has Daihatsu, Hino and Lexus brands
CASE STUDY OVERVIEW
Toyota set itself an exceptionally high goal for its
21st century car project in the spring of 1993.
To create a car that would have more than twice the fuel
economy of cars in the same class,
Reduce CO2 emissions,
Seat five adults and provide maximum cabin space in a
compact design.
After repeatedly exploring ways to achieve this goal, Toyota
decided to adopt a combustion engine and electric motor
hybrid system in June 1995.
PRIUS (At a glance)
 Prius takes it's name from the Latin phrase
‘to go before’
The with first-generation Prius is introduced
in Japan in 1997, equipped the Toyota Hybrid System ( THS )
 Becomes the world’s first mass produced hybrid production
vehicles
 In 2000 the first generation of Prius is introduced in United
States
 Made its 1 millionth worldwide sale in 2007
 Fourth generation will be released as early 2015
FEATURES OF TOYOTA-PRIUS
Has a combination of gas engine and electric motor
Extremely fuel-efficient
Low CO2 emissions
Provides tax incentives
Silent
PRIUS (It’s Design & Technology)
Batteries
Combustion Engine
Generator
Electric Motor
Power Split Device
Evaluation of the Prius Case Study
1) Marketing strategy-Toyota Prius 4P
PRODUCT
Diversity option for the consumers
It has gasoline engine
Its environmental friendliness and energy-saving
Prius also offer various colors and several optional
PRICE
Prius costs about $3000
PLACE
Available easily in the showrooms as well as on the Internet
Evaluation of the Prius Case Study
PROMOTION
Toyota has asked for tax incentives to stimulate purchase Prius
By educating consumer about the Prius
Spent more that 40$ million spread over media
2) Product-Focused Strategies
Differentation (Mass production of hybrid cars)
Niching (Entering Hybrid Car market)
3) Opportunity-Risk Focused Strategies
Prospector (Totoya took some risks by being the first in the Hybrid Car
market)
4) Time-Based Strategies
 First Mover (They were the first in the mass hybrid car
manufacturers)
5) New Product Development Framework
 Structured Product Development Process.
 Review Board (All top management executives had took part in
project)
 Phase Review Process (All top management executives monitored
the process and provided leadership and direction to the project
teams)
Conclusion
 Toyota successfully created hybrid innovative car
Environmental friendly and more fuel efficient compared to other
conventional car
 Today, Toyota has 51 plants in 27 countries
 Toyota focus on making green products
Case study on  Toyota Prius

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Case study on Toyota Prius

  • 1. A case study on TOYOTA PRIUS
  • 2. Team Members • Nija mol • Nikhitha annie babu • Praveen mathew • Pooja k biju • Rahul g dev • Sissi mary shibu - S4 MBA, MACFAST,Thiruvalla,kerala
  • 3. Toyota history  Began as a textile company in 1926 by Sakichi Toyota (Toyoda Automatic Loom Works)  In 1933, Kiichiro Toyoda established an automobile department within Toyoda Automatic Loom Works  In 1937 Toyota Motor Co. was established as an independent company  In 1947 started passenger car production
  • 4. History cont...  In 1958 sold their first cars in the United States  In 1959 opened first plant outside of Japan, in Brazil  In 1966 the first Corolla brand has come off the production line  In 1997 Toyota introduced the first hybrid(Prius) to the world in japanese market
  • 5. Today  Today, Toyota has 51 plants in 27 countries  In 2008 becomes the world’s largest car manufacturer  In 2013 had a total sales of 9,98 million units  Also has Daihatsu, Hino and Lexus brands
  • 6. CASE STUDY OVERVIEW Toyota set itself an exceptionally high goal for its 21st century car project in the spring of 1993. To create a car that would have more than twice the fuel economy of cars in the same class, Reduce CO2 emissions, Seat five adults and provide maximum cabin space in a compact design. After repeatedly exploring ways to achieve this goal, Toyota decided to adopt a combustion engine and electric motor hybrid system in June 1995.
  • 7. PRIUS (At a glance)  Prius takes it's name from the Latin phrase ‘to go before’ The with first-generation Prius is introduced in Japan in 1997, equipped the Toyota Hybrid System ( THS )  Becomes the world’s first mass produced hybrid production vehicles  In 2000 the first generation of Prius is introduced in United States  Made its 1 millionth worldwide sale in 2007  Fourth generation will be released as early 2015
  • 8. FEATURES OF TOYOTA-PRIUS Has a combination of gas engine and electric motor Extremely fuel-efficient Low CO2 emissions Provides tax incentives Silent
  • 9. PRIUS (It’s Design & Technology) Batteries Combustion Engine Generator Electric Motor Power Split Device
  • 10. Evaluation of the Prius Case Study 1) Marketing strategy-Toyota Prius 4P PRODUCT Diversity option for the consumers It has gasoline engine Its environmental friendliness and energy-saving Prius also offer various colors and several optional PRICE Prius costs about $3000 PLACE Available easily in the showrooms as well as on the Internet
  • 11. Evaluation of the Prius Case Study PROMOTION Toyota has asked for tax incentives to stimulate purchase Prius By educating consumer about the Prius Spent more that 40$ million spread over media 2) Product-Focused Strategies Differentation (Mass production of hybrid cars) Niching (Entering Hybrid Car market) 3) Opportunity-Risk Focused Strategies Prospector (Totoya took some risks by being the first in the Hybrid Car market)
  • 12. 4) Time-Based Strategies  First Mover (They were the first in the mass hybrid car manufacturers) 5) New Product Development Framework  Structured Product Development Process.  Review Board (All top management executives had took part in project)  Phase Review Process (All top management executives monitored the process and provided leadership and direction to the project teams)
  • 13. Conclusion  Toyota successfully created hybrid innovative car Environmental friendly and more fuel efficient compared to other conventional car  Today, Toyota has 51 plants in 27 countries  Toyota focus on making green products

Hinweis der Redaktion

  1. White hat: verileri elde etme ve kullanma Yellow hat: pozitif yaklaşımcı Green hat: yaratıcı ve yenilikçi düşünce tarzı Blue hat: süreç kontrolü ile ilgilenir. Sonuçlar ve kararlarla ilgilenir.
  2. SDP: / S1:opportunity identification, S2: Planning&Design, S3:Prototype, S4:Manuf. Development, S5:Distribution and marketing S6: Market testing and launc, S7: product retirement