SWOT analysis of Perodua Cars analyses the brand by its strengths, weaknesses, opportunities & threats. In Perodua Cars SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.
SWOT Analysis is a proven management framework which enables a brand like Perodua Cars to benchmark its business & performance as compared to the competitors. Perodua Cars is one of the leading brands in the automobiles sector.
The article below lists the Perodua Cars SWOT, competitors and includes its target market, segmentation, positioning & USP. Let us start the Perodua Cars SWOT Analysis:
In this article:
For Perodua Cars, SWOT analysis can help the brand focus on building upon its strengths and opportunities while addressing its weaknesses as well as threats to improve its market position.
The strengths of Perodua Cars looks at the key aspects of its business which gives it competitive advantage in the market. Some important factors in a brand's strengths include its financial position, experienced workforce, product uniqueness & intangible assets like brand value. Below are the Strengths in the SWOT Analysis of Perodua Cars :
1. Established in 1992 & total employee strength of 10000 employees
2. Malaysia’s second largest automobile manufacturer after Proton Cars
3. Among largest small car manufacturers in Asia
4. Indirectly linked to Toyota which gives an image of Japanese association
The weaknesses of a brand are certain aspects of its business which are it can improve to increase its position further. Certain weaknesses can be defined as attributes which the company is lacking or in which the competitors are better. Here are the weaknesses in the Perodua Cars SWOT Analysis:
1.They are notorious for low safety standards due to their design
2.They are excessively dependent on Toyota for upgrades
3.A local Malaysian player thus currently limited reach
The opportunities for any brand can include areas of improvement to increase its business. A brand's opportunities can lie in geographic expansion, product improvements, better communication etc. Following are the opportunities in Perodua Cars SWOT Analysis:
1.They should look at newer markets as their home markets are getting saturated
2.Increasing fuel prices will drive people to prefer smaller cars, thus Perodua will benefit from the change
3.It can look at newer markets which are favourable for small cars
The threats for any business can be factors which can negatively impact its business. Some factors like increased competitor activity, changing government policies, alternate products or services etc. can be threats. The threats in the SWOT Analysis of Perodua Cars are as mentioned:
1.Competitors like Proton Cars have higher investment capabilities thus can overtake in terms of R&D investments
2. Low cost substitutes being marketed by Chinese manufacturers
3. The macro-economic situations are leading to lower sales for all automobile manufacturers
There are several brands in the market which are competing for the same set of customers. Below are the top 3 competitors of Perodua Cars:
1.Proton Cars
2.Honda
3.Nissan Motors
Hence this concludes the Perodua Cars SWOT analysis.
Continue reading more about the brand/company.
Perodua Cars Overview | |
---|---|
Parent Company |
Perusahaan Otomobil Kedua Sendirian Berhad |
Category |
Supermini & Kei cars |
Sector | |
Tagline/ Slogan |
Building Cars People First |
USP |
One of the top two car manufacturers in Malaysia |
Perodua Cars STP | |
Segmentation |
Mini and super mini cars |
Target Market |
Middle and upper middle class |
Positioning |
Producer of supermini cars |
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
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