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There are a number of challenges that Toyota faces but still, it’s the strong brand equity, current market position, and the opportunities that pose a strong growth in the future for the brand. Toyota is a part of this trend as well, the brand investing $1 Billion Into Artificial Intelligence and Robotics to make the dream of the producing the first autonomous vehicle possible. AUTONOMOUS VEHICLE TECHNOLOGY: Bringing the first autonomous vehicle to the market has become the prime objective of many companies be it automotive brands like Tesla or non-automative brands like Google. Many people use SWOT only internally, omitting the essentials of considering competitors (other ports in this instance other routes into Ghana). Toyota should be looking on investing heavily in the electric car segment as it poses a huge opportunity for the brand. Hvad er forskellen mellem en SWOT- eller PESTLE-analyse De væsentligste forskelle mellem en SWOT- eller PESTLE-analyse er, at en SWOT-analyse fokuserer på handlinger, du kan tage INTERNT til dit forretningsmiljø, en PESTLE-analyse identificerer EKSTERNE faktorer, der hovedsagelig ligger uden for din kontrol. Answer (1 of 2): SWOT and PESTEL are usually associated with strategy analysis, but you will need a lot of background information for completing them. –HYBRID AND ELECTRIC CARS:The future of vehicles is electric, with increasing pollution and crude oil prices, the need for electric cars is on the rise. Investing more in these geographies will be extremely fruitful for the brand. –EXPANDING TO OTHER GEOGRAPHIES (ASIAN MARKETS): With the vast portfolio of products that Toyota has, the brand has a huge potential to expand its operations in other developing countries. Opportunities refer to the factors which the organization can use to its favor to grow its market share, sales, brand recognition etc. –GROWING COST OF RAW MATERIALS AND LABOR: The costs of labor and raw material is growing which has led to high operational costs in the vehicle industry and this has ultimately affected the profitability of the automotive brands. Competitive pressure is one of the major threats for Toyota in the market. Disclaimer: Please note that all kinds of custom written papers ordered from academic writing service, including, but not limited to, essays, research papers, dissertations, book reviews, should be used as reference material Awaken (Awakened Fate) (Volume 1)Skye Malone only. –COMPETITIVE PRESSURE:Competition in the automotive industry is cut throat with different players fighting hard to get the maximum market share. Given the fact, threats give a brand a far-sighted view about the problems that the brand is likely to face in the future, it is one of the most important factors in the SWOT Analysis of Toyota. Threats refer to factors that have the potential to harm an organization in the future.