Wednesday, April 17, 2019
Ford vs Toyota Essay Example | Topics and Well Written Essays - 1000 words
fording vs Toyota - Essay lessonrds protecting the environment Ford has often been categorized as one of the leaders in impairment of innovating fuel efficient vehicles in the current automotive market Ford has expanded its business activities to several(prenominal) developing countries including the European, Asia Pacific, Middle-Eastern, Afri drop and American regions Weaknesses Ford has been noticed to epoch-makingly depend upon the automobile sector confine itself from expanding to other segments. In this regard, it can be stated that Fords is likely to lack in diversification outline The guild has also been criticized on the basis of its efficiency in establishing sustainable markets for high end cars The company can be witnessed to face the limitation of continuously declining market share in its global market, in feature in the Asia Pacific region owing to the increase in competition level Ford can be witnessed to consider defensive competitive strategies in most inst ances to cope up with the competition in the international arena Financial stability of Ford is significantly impacted by the economic fluctuations of that particular region Opportunities Ford has introduced hybrid cars which runs on electrical energy and is forecasted to have great opportunity in the near future The demand for fuel efficient vehicles of Ford has been notably increasing opening up significant opportunities for its future growth The increasing sales revenue evidently depicts that Ford has been well veritable in the global market by its customers The automobile sector has been noticed to demonstrate a developing trend in the small and medium markets Introduction of fuel efficient cars, such as revolve about ECOnetic of Ford in the European market, are likely to have significant opportunities for the growth of the company in its future Threats The sales volume of cars has been noticed to decline to a certain extent in confused places such as US, Canada and UK among others imposing a market risk to Ford The company has been facing significant competition from the Japanese automotive companies operating within the Western regions The company faces difficulties as a impart of the strict emission norms in certain nation such as US and Europe do an obstruction on its marketing operations Ford has been facing a problem in capturing the Asiatic markets owing to the presence of automobile giants such as Toyota which in turn hampered the growth of the company in terms of its market share Economic fluctuations tend to impose a major threat to Fords financial stance in that particular region (Ford Motor Company, 2012 Richter, A. & Pahl, 2009) Toyota Motor Corporation Strengths Toyota is among the leadership manufacturers of automobiles in terms of production capacity as well as sales volume Toyota is acknowledge as a company which is dedicated towards producing environmentally safe vehicles and technologies, since its inception Toyota is the manufa cturer of worlds most excellent selling hybrid car, Prius which evidently rewarded the company a leading position in the inter
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment