Tuesday, February 2, 2010

Toyota goes into major spin control, but will lose the soccer mom loyalty

As Toyota’s U.S. boss Jim Lentz goes into damage control hyperdrive, the Toyota gas pedal calamity roils. This is a brand nightmare that gets bigger every day, and will not go away for a long, long, long time, no matter how many tactics Toyota uses to positively manage perception.

The difficulty for Toyota is magnified by the very nature of their brand. Devastating for them –like Honda, their buyer is typically someone who buys a car as an “appliance” to get from Point A to – oh, let’s say soccer practice, with optimal gas mileage. This isn’t exactly the "car enthusiast" crowd. Toyota is the Wal-Mart of the auto industry. Big. Lowest common denominator. Bent on world auto market domination. Want more panache? Step up to the Lexus ES series, which is really a gussied-up Camry.

So their buyer is someone who – and I’m not exaggerating here – will cross them off the list in a heartbeat because of this accelerator pedal recall.

GM they say was the first to jump on Toyota’s neck, offering some big financial incentives to Toyota owners to come in and try the Chevy products. Good move, I say. Because you know most of those former Toyota loyalists would be driving Hondas next week if not given the incentive to try the American products.

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