Swot analysis Essay Example | Topics and Well Written Essays - 500 words

Swot analysis - Essay Example 3. Although AFVs save costs and enhance economy, â€Å"hybrid† is a relatively new technology which is not "tried and true" and only little is known about its potential development. This may also lead to disapproval from potential consumers. (Wasko, 2006) 4. Petrol and diesel vehicles have been around for decades and have been proven reliable time and time again. Solar and electric powered vehicles are new to the market and consumers might be reluctant to swap to the new technology. 5. A design that is â€Å"petrol-free† means that the â€Å"Synergy† loses some acceleration as a trade-off for economy and being environmentally friendly. People might still prefer petrol/diesel vehicles for performance. (Wasko, 2006) 1. Petrol prices are rising day by day due to the huge increase in crude oil prices. This provides a perfect opportunity to the Toyota Corp. to make cars that do not require petrol to enter the market. (Wasko, 2006) 2. The Toyota CS&S concept car puts Toyotas popular hybrid technology inside a sportier and futuristic design, with speeds up to 127 miles/hr. The CS&S incorporates the Toyotas Hybrid Synergy Drive system, the same gas-electric technology (Fuller, 2009). Toyota can work on this model to develop a hybrid car that saves fuel and is made for performance. This can be targeted towards the urban youth market. 3. Toyota has planned to build about 400 demonstration plug-in hybrids by the year 2010. The batteries in these cars can be charged from wall sockets which further cuts gasoline usage. (Woodyard, 2008) 1. In 2010, Toyota declared the callback of about 436,000  hybrid vehicles  worldwide, including its latest make, the Prius, to fix the  brake problems. The total includes more than 200,000 Prius cars sold in Japan. (Prius Call Back Worldwide By Toyota 2008) Lack of quality control can severely damage