5 Solid Reasons Why Toyota Could Benefit the Most From This Emerging Market (TM)

1 Мар 2015 | Author: | No comments yet »
Toyota Agya

5 Solid Reasons Why Toyota Benefit the Most From Emerging Market

World’s automaker Toyota ( NYSE: TM ) is trying to find new markets to its cars — with markets like the U.S. and offering limited growth in the long term, the spotlight is on The region offers three big — high population, disposable incomes, and lower rates. China and India are old with the focus now on Southeast countries such as Thailand, and recently, Indonesia.

Indonesia, the Southeast Asian economy, is a favourite auto manufacturing and is expected to be the largest automobile among the Association of Southeast Nations, or ASEAN, by 2019. are five reasons that put in a solid position to benefit this upsurge.

Toyota’s presence in Indonesia back to more than 40 It’s been a top seller in the for a long time, and has more 37% market share. Last Toyota sold 434,000 while its Japanese rival ( NYSE: HMC ) sold just Detroit giant General ( NYSE: GM ). which has been in the country for far longer than has managed to garner just 1% of the market.

Considering the potential by Indonesia, GM and Honda are aggressively in the region. But matching Toyota’s sales volume will not be an task, at least in the near

Source: Toyota

2. Free Agreement

Indonesia is a member of the and has developed free market with China, India, Japan, Thailand, Australia, New as well as other member Free trade agreements these countries, coupled low-cost facilities, have Indonesia the sweet spot for activities.

Toyota’s Thailand are slowing due to the ongoing political in the country and the Japanese giant opt for a production cut. In such a Toyota could easily Indonesian-made cars to Thailand to demand.

Toyota may also more units from to Australia and Middle Eastern The company will be shutting its plant in 2017 in order to cut in the region. Australians have a for Toyota cars; any increasing can be fulfilled by importing cars Indonesia. Currently, 70% of total production is being shipped to the East, and those orders can be to Indonesia after the Oz plant

3. Low car ownership and growing disposable

The world’s fourth most populous has a dismal car ownership rate just 45 in 1000 own a car. The news is that Indonesia’s GDP is and disposable income is going up. disposable income means the populace will have money to spend on things new cars.

Auto sales in grew 10.2% year year to 1.22 million units in Analysts expect the industry to more than 1.3 million this year and more 2 million by 2018. Toyota is heavily in the region to expand its capacity and likely will be in a to meet that growing

4. Growing popularity of eco-friendly

Toyota Agya

Environment-friendly cars a re becoming popular in Indonesia, mainly to get the tax The government initiated a low-cost-green-car past year in order to the production of eco-cars as well as to the country’s dependency on gasoline.

is investing heavily in Indonesia’s revolution. In September, the company out a green car model, the Agya, has become a top seller in Indonesia.

Honda, too, introduced its Brio Satya in November. GM has a wait-and-watch approach and may jump on the going forward.

Toyota Source: Toyota

5. Big markets are

The auto industry in the U.S. is Toyota’s biggest market, is as seen in the slowing growth on the graph below. Though expects U.S. car sales to by 3% to touch 16 million units industry-wide in the rate at which sales are is much lower than years. Demand for Toyota in the U.S. is likely to be driven by and new launches, but it will happen at a pace.

Demand in the company’s market will also this year. The Japan Manufacturers Association expects demand to drop roughly owing to the increase in sales tax for April, which will make more expensive to own.

Parting thoughts

Toyota Agya
Toyota Agya
Toyota Agya
Toyota Agya
Toyota Agya
Toyota Agya


Смотрите также:
Tagged as:

Here you can write a commentary on the recording "5 Solid Reasons Why Toyota Could Benefit the Most From This Emerging Market (TM)".

Sign in, to write a review.

Our partners
Follow us
Contact us
Our contacts


Born in the USSR


About this site

For all questions about advertising, please contact listed on the site.

Toyota cars catalog with specifications, pictures, ratings, reviews and discusssions about cars Toyota.