MARKETING INTELLIGEN CE Christian Beck, Difan Zhang, Kai Liu, Sumeet Khilnani, Yihan Chen, Yi Xu, Qian Wang, Weiwei Chen
Jan 20, 2015
MARKETING INTELLIGENCEChristian Beck, Difan Zhang, Kai Liu, Sumeet Khilnani, Yihan Chen,Yi Xu, Qian Wang, Weiwei Chen
Car manufacturing market
Source: Devineni et al, 2011
Car manufacturing market
Source: Devineni et al, 2011
Source: Mintel, Car Brands UK, 2009
People’s perceptions and attitudes towards VW in the UK
United KingdomHybrid Car Volkswagen SUV
Overstressed macro analysisOversimplified industry value chainsFails to link possible management actionsCooperation between rivals
Limitation
Entrants
Buyers
Substitutes
SuppliersIndustry Rivalry
Porter’s five forces model
Porter, 1979
Source: Grundy, 2006
Competitive climate model
INDUSTRY LIFE CYCLE
GROWTH
DRIVERS
FIVE
FORCES
COMPETITIVEADVANTAGE
Politicalfactors
Economicfactors
Socialfactors
Technologicalfactors
Environmentfactors
Legalfactors
Grundy, 2006
INDUSTRY LIFE CYCLE
Politicalfactors
Economicfactors
Socialfactors
Technologicalfactors
Environmentfactors
Legalfactors
Grundy, 2006
PESTEL factors analysis
PESTEL factors analysis
Political factors: Discount policy encourages motorists to buy hybrid and electric cars.
Economic factors: Implementation of a wide-ranging policy program is underway, aiding the post-crisis repair of the economy.
Social factors:Statistics shows older people in Europe tend to take action to protect environment more and the population in the UK is aging.
Technological factors: The technology of hybrid and electric vehicles is growing significantly due to the huge investments.
Environmental factors:The CO2 emissions generated by cars in 2009 accounted for 14% of all the CO2 emissions in the UK.
Legal factors:legislation committing vehicle manufacturers to specific CO2 emission targets for new car registrations was passed.
Souce: Eurobarometer, Attitudes of European citizens towards the environment, 2008
Source: SMMT Motor Industry 2011 Facts
Source: SMMT Motor Industry 2011 Facts Source: SMMT Motor Industry 2011 Facts
Source: SMMT Motor Industry 2011 FactsSouce: Commission of the European communities, 2009
Political factors: Discount policy encourages motorists to buy hybrid and electric cars.
Source: SMMT Motor Industry 2011 Facts
“ On 1 January 2011, the UK government announced that motorists will be entitled to 25% (up to £5,000) off the list price of an electric, plug-in hybrid or hydrogen fuel cell car, providing it emits less than 75g/km of CO2 and meets safety, reliability, performance and warranty standards set by the Office for Low Emissions Vehicles (OLEV) in consultation with industry.”
PESTEL factors analysis
PESTEL factors analysis
Economic factors: Implementation of a wide-ranging policy program is underway, aiding the post-crisis repair of the economy.
Source: Mintel 2011, Alternative Fuel Vehicles
PESTEL factors analysis
Social factors:Statistics shows older people in Europe tend to take action to protect environment more.
Souce: Eurobarometer, Attitudes of European citizens towards the environment, 2008
PESTEL factors analysis
Social factors:The left graph from UK parliament indicates that the population in the UK is aging.
Source: The ageing population, Parliament
PESTEL factors analysis
Technological factors: The technology of hybrid and electric vehicles is growing significantly due to the huge investments.
Source: Commission of the European communities, 2009
European automotive industry is investing €24 billion in R&D, which represents around 30% of whole European industrial R&D. Significant amount is invested in battery-powered hybrid vehicles, electric vehicles and hydrogen.
PESTEL factors analysis
Environmental factors:The CO2 emissions generated by cars in 2009 accounted for 14% of all the CO2 emissions in the UK.
Source: SMMT Motor Industry 2011 Facts
PESTEL factors analysis
Legal factors:legislation committing vehicle manufacturers to specific CO2 emission targets for new car registrations was passed in 2008.
Subject to their individual targets, vehicle manufacturers will have to comply with new car average CO2 emission targets of 130g/km CO2 by 2015 and 95g/km CO2 by 2020. The legislation sets out an exacting programme for car manufacturers with 65% of new cars averaging the 130g/ km target by 2012, 75% by 2013, 85% by 2014 and 100% by 2015.
Source: SMMT Motor Industry 2011 Facts
Growth drivers analysis
INDUSTRY LIFE CYCLE
GROWTH
DRIVERS
Grundy, 2006
Growthdrivers
Growthbrakes
Today’s new lifestyle
Battery costs at mass production
A fundamental system change
Inexpensive infrastructure
Electricity cost
Source: Matthies et al 2010; Crane et al, 2008
Growth drivers analysis
Five forces analysis
INDUSTRY LIFE CYCLE
FIVE
FORCES
Grundy, 2006
Five forces analysis
Threats of New Entrants
High costs of R&D and other technological advances
Require high capital
Strong customer network
Unequal access to distribution channels
Plug-In Car Grant
Verdict – overall threats of new entrants is very high.
Source: Pasternack, 2009, Department of Transport, 2011; Datamonitor, 2011.
Five forces analysis
The Power of Suppliers
Low differentiation of raw materials
Little to distinguish between suppliers
Increasing power of suppliers when demand for better quality
Short-term supply disruptions
Verdict – overall suppliers have high power
Source: Department of Energy, 2010; Datamonitor, 2011.
Five forces analysis
The Power of the Buyer
Contractual agreements with a particular manufacturer
Relatively weak power of buyers
Buyers are generally less price-sensitive
Verdict – overall buyers have little power
Source: Datamonitor, 2011; Matthies et al, 2010
Five forces analysis
The Treat of Substitutes
Main substitute: public transport/bicycle
Customer has a certain predisposition of buying a hybrid car
Verdict – overall little threats of substitutes
Source: Datamonitor, 2011; Matthies et al, 2010
Five forces analysis
Rivalry among existing competitors
Market is showing signs of recovery
Utilizing different brands and model
Huge operating cost to cover
Competitors: Lexus RX 450h and Mercedes ML 450 Hybrid (not yet released in the UK)
Verdict – Overall rivalry is high
Source: Datamonitor, 2011
Sustainable Competitive advantage analysis
INDUSTRY LIFE CYCLE
Grundy, 2006
COMPETITIVEADVANTAGE
Sustainable Competitive advantage analysis
Definition of RBV
Explain‘ WHY some firms enjoy a competitive advantage over rivals’ (Barney, 1991)
Resources those are heterogeneous and imperfectly mobile, dynamic capabilities are able to sustain SCA (Barney, 1991)
Sustainable Competitive advantage analysis
Four characteristics of RBV
Valuable
RareNon-substitutable
Inimitable
Barney, 1991
Sustainable Competitive advantage analysis
Limitations of Resource based view (RBV)
Alternative elements of achieving sustainable competitive advantage
Issues associated with the RBV model
Sustainable Competitive advantage analysis
Alternative elements of achieving SCA
Information technology (Mata, Fuerst, & Barney, 1995; Powell, 1997 cited in Hooley, 2012)
Strategic planning (Michalisin et al., 1997; Powell,1992a cited in Hooley, 2012)
Organizational alignment (Powell, 1992b cited in Hooley, 2012)
Human resources management (Flood, Smith, &Derfus, 1996; Wright & Mc-Mahan, 1992 cited in Hooley, 2012)
Organizational culture (Fiol, 1991;Oliver, 1997 cited in Hooley, 2012)
Top-management skills (Castanias & Helfat, 1991 cited in Hooley, 2012)
Administrative skills (Powell, 1993 cited in Hooley, 2012)
Sustainable Competitive advantage analysis
Issues associated with the RBV model
Barriers to apply imitation
Isolating mechanisms ,include casual ambiguity (difficulty to identify how an advantage was created )
Complexity (arising from interplay of multiple resources)
Tacitness (intangible skills and knowledge resulting from learning and doing )
Path dependency (need to pass through critical time dependencies to create advantage )
Economics (Cost of imitation)
Legal barriers (Property rights and patents)
Source: Hooley, 2012
Sustainable Competitive advantage analysis
Issues associated with the RBV model
Source: Priem and Butler,2001;Wang and Ahmed,2007;Lippman and Rumelt,1982;Dierickx and Cool,1989;Reed and DeFillippi,1990;Hooley et la.,2008
Neglects the influence of market dynamism
Sustainable Competitive advantage analysis
Insights from the resource-based view (RBV)
Emphasis on dynamic capabilities, marketing assets and marketing capability
Hooley, 2012
Application
Sustainable Competitive advantage analysis
Sustainable Competitive advantage analysis
Marketing AssetsCustomer-based Reputational Assets
Brand Volkswagen Lexus
Brand Value 47th Not in Top 100
Best Global Green 6th Not in Top 50
Most considered buying by UK consumers
3rd Not in Top 29
Source: Interbrand 2011; GMI/Mintel
Sustainable Competitive advantage analysis
Marketing AssetsCustomer-based Reputational Assets
7066
6343
3831
2620
1413
121111
65
3
Price
Reliability
Fuel consumption
Comfort
Safety
Insurance premiums
Style/design
Build quality
Brand image
Servicing costs
Speed/power
Environmentally friendly
Company reputation
Warranty period
Resale value
Credit facilities
% consumers
Consumer purchase influence
Source: Mintel, 2011
Sustainable Competitive advantage analysis
Marketing AssetsCustomer-based Reputational Assets
Brand Volkswagen Toyota group(lexus)
Brand Perception Reliable but high servicing costs A reliable but uninspiring brand
Country of origin Germany Japan(Consumers rated the quality of Japanese cars to be the highest and Australian cars to be the lowest )
Superior products and services
Product:8 gears, four wheel drive, turbo charged;
Services :3 year warranty+3 year paint warranty
Product: continuous variable, front wheel drive , automatic transmission 2 years basic warranty +lots of restrictions towards the warranty
Market Dominance
8.6% 0.31%
Source: Elliott and Cameron, 1994; Mintel, 2009; Car Magazine, 2010
Sustainable Competitive advantage analysis
Marketing AssetsCustomer-based Reputational Assets
Hybrid market dominance
Source: Mintel, 2009
Sustainable Competitive advantage analysis
Marketing AssetsSupply Chain Assets
E.g. B2B Platform: www.vwgroupsupply.com
Supplier Programme “Priority A”
Volkswagen: Over 250 retailers in UKLexus: 56 retails in UK
Sustainable Competitive advantage analysis
Marketing AssetsInternal Marketing Support Assets
2010 Volkswagen Group Toyota Group
Investment in R&D € 6.9 B ¥ 725.3 B ≈ € 6.63 B
Account for Revenue 6.1% 3.8%
2010 Volkswagen Lexus
UK Sales 174,655 6202
Market Share 8.6% 0.31%
Existing Customer Base:
Technological Skills:
e.g. Eco-friendly Mobility helps significantly reduce fuel consumption and CO2 emissions by 15% in five years
Source: Car Magazine, 2010
Sustainable Competitive advantage analysis
Marketing AssetsInternal Marketing Support Assets
Expanding our product portfolio and improving the functionality, quality, safety and environmental compatibility of our Group products.
Source: Factbook, 2011
Sustainable Competitive advantage analysis
Marketing AssetsInternal Marketing Support Assets
Partnerships
VolkswagenAudi, Bentley, Bugatti, Lamborghini, SEAT, Skoda, Scania and Volkswagen Commercial Vehicles
ToyotaLexus, Daihatsu and Hino Motors (the rest are not automotive
Source: VW, 2012; Toyota, 2012
Sustainable Competitive advantage analysis
Marketing AssetsAlliance-based Marketing Assets
a) Cooperation arrangements with Porsche AG, Daimler AG and the Chrysler Group on the development and production of vehicles.
b) Joint Venture with VARTA Microbattery GmbH, Ellwangen for researching and developing battery cells for hybrid drivers.
c) Cooperation with many universities e.g. the Institute of Physical Chemistry at the University of Münster (expertise in the field of electric traction)
d) Alliance breaking up with Suzuki Motor Corporation, which mainly focus on the diesel motor
Source: VW Annual Report, 2011
Sustainable Competitive advantage analysis
Marketing CapabilitiesProduct and Price
Lexus RX 450h 3.5 litre V6 TSI 333 PS
Price £48,405 (Official website of Lexus)CO2 Combined (g/km) 145Combined mpg (l/100km) 44.8 (6.3)Acceleration 0-62 mph (s) 7.8Maximum Speed mph (km/h) 124 (200)Engine type: six cylinderDisplacement:3.5 liters(211 cubic inches)Total system horsepower:295 hp EPA fuel economy ratings: 30/28/29 mg
Price: £55985 (Official website of VW)CO2 Combined (g/km) 193Combined mpg (l/100km) 34.4 / 8.2Acceleration 0-62 mph (s) 6.5Maximum Speed mph (km/h) 149 (200)Engine type :Six cylinderCubic capacity, ltrs/cc :3.0/2995 Max. output, PS (01)/kW at rpm :333/245 5500 Max. torque, lbs.ft/Nm at rpm :325/440 3000 Gearbox :8 speed auto triptronic
Touareg Hybrid. 3.0 litre V6 TSI 333 PS
Source: Volkswagen, 2012; Lexus 2012
Sustainable Competitive advantage analysis
Marketing CapabilitiesPromotion
-60.0%
-40.0%
-20.0%
+0.0%
+20.0%
+40.0%
+60.0%
+80.0%
+100.0%
Tota
l
Ford
Vau
xhal
l
Ren
ault
Vo
lksw
agen
Peug
eot
Cit
roen
Toyo
ta
Nis
san
Au
di
BM
W
Fiat Kia
Vo
lvo
Land
Ro
ver
Mer
ced
es B
enz
Maz
da
Cars
Hyu
nda
i Car
Cit
roen
Hon
da
Lexu
s
Skod
a
Lexus reduced their expenditure eon promotion by 55% where as Volkswagen reduced by approximately 25%
% CHANGE IN ADVERTISING ON CARS, BY LEADING ADVERTISER, 2006-10
Source: Mintel, 2011
Sustainable Competitive advantage analysis
Marketing CapabilitiesDistribution
Lexus RX 450hTouareg Hybrid
Retailer in UK: 250Franchised dealer: 216
Source: Mintel, 2010
Retailer in UK: 56Franchised dealer (Toyota): 185
Sustainable Competitive advantage analysis
Absorptive Capability
Worldwide demand for light hybrid electric vehicles (HEV) and battery electric vehicles (BEV) is estimated to reach 5.2 million units by 2020.
Volkswagen’s hybrid electric vehicles‘Zero-emission Milan Taxi concept vehicle 2010’; ‘Audi A8 hybrid concept vehicle 2010’; ‘Audi A1 e-tron concept vehicle’
Source: Datamonitor, 2010
Sustainable Competitive advantage analysis
Adaptive marketing capabilities
Strong global presence key markets: Western Europe, China, Brazil, the US, Russia and Mexico.
Volkswagen's market share increased despite the automotive industry crisis in 2008-2010.
Source: Datamonitor, 2011
Particulars Volkswagen Toyota (Lexus)
Brand Value ✓ ✗Brand Perception ✓ ✗Country of origin ✗ ✓Superior products and services ✓ ✗Market Dominance ✓ ✗Hybrid market dominance ✗ ✓Supplier chain assets ✓ ✗Existing customer base ✓ ✗Technological skills ✓ ✗Partnerships ✓ ✗Product ✓ ✗Price ✗ ✓Promotion ✓ ✗Distribution ✓ ✗Absorptive capabilities - -
Adaptive capabilities - -
Volkswagen merger with Porsche to achieve greater market share
‘Think Blue. Factory’ plan to cut down 25% of costs by 2018
Investment of more than 8billion yours per annum to optimize engines and gear boxes
Developing TSI technology on both natural gas and hybrid engines
Microsoft deal with Volkswagen internal suppliers
Sustainable Competitive advantage analysis
Potential Sustainable Competitive Advantage
Source: Cremer and Matussek, 2011; Landler, 2007; Autocar Magazine, 2011; Microsoft News Center, 2011; VW Sustainability Report, 2010
Other intelligence
Customer Intelligence
‘Ask not what your customer can do for you, but what can you do for your customer’ ----John F Kennedy
“Customer intelligence (CI) is information derived from customer data that an organization collects from both internal and external sources. The purpose of CI is to understand customer motivations better in order to drive future growth.”
CI include:Customer profitabilityAwareness, Attitudes and UsageCustomer SatisfactionCustomer Loyalty
Source: TechTarget, 2010
Customer Intelligence
The role of CI in CRM
Source: Information Management, 2001
Customer Intelligence
The role of CI in CRM
Source: Goldman, 2004
Customer Intelligence
What should VW do?
Build a particular customer intelligence center for Hybrid SUV!
Customer Intelligence
Key dimensions marketers should focus on in CI centre
Source: Frankland, 2009
Customer Intelligence
The structure of CI center
CI centre management
team
User liaison cell
Collection teamExternal sources
Collection teamInternal sources
Current intelligence cell
Early warning cell
Analysis Cell
Customer Intelligence review board
IT support group
Counter intelligence cell
Decision-makersCustomersRequiring customer intelligence
FSI Support Functions
Information Sources
Source: Ackerman & Wickens, 2001
BCG Matrix Model
A method to classify portfolio offering
Source: ACCA Global, 2010
Source: Coyne, 2008
GE-McKinsey Matrix
An advanced model based on BCG matrix
Wight criteria of market attractiveness Weight criteria for competitive strengths
Sauce: H. Siemann, 2009
Market SizeMarket GrowthMarket ProfitabilityPricing TrendsOpportunity to Differentiate Products and ServicesEntry BarriersCompetitive Intensity / RivalryDistribution Structure RequirementsNecessary Company InvestmentsOverall Risk of Returns in the Industry (PEST Factors)
Company ImageMarket ShareStrength of Assets and Core CompetenciesRecord of Technological or Other InnovationDistribution Strength and Production CapacityAccess to Financial and other Investment ResourcesProduct QualityRelative Cost PositionDelivery TimeSales Force
GE Mckinsey matrix
Weight criteria of market attractiveness and competitive strengths
GrowStrong business units in attractive industriesAverage business units in attractive industriesStrong units in average industries
Hold Average business units in average industriesStrong units in weak industriesWeak units in attractive industries
HarvestWeak units in unattractive industriesAverage units in unattractive industriesWeak units in average industries
GE Mckinsey matrix
Recommended strategies
Source: H. Siemann, 2009
Lack of primary research
Difficult to access information specifically for Lexus
Neglect indirect competitors such as normal petrol cars
lack of sophisticated sources specifically for the UK market
Other limitations of our studies
Thank you
ACCA Global (2010) BCG Matrix, available at: http://www2.accaglobal.com/documents/boston_consulting.pdf Accessed on 27/02/2012
Ackerman, M. and Wickens, P. (2001), Customer Intelligence: Achieving effective CRM for competitive advantage, Lafferty Publications Ltd
Autocar Magazine, 2011. VW to slash factory pollution. Autocar; Hay Market Media Group 2012. Available at: [http://www.autocar.co.uk/www.autocar.co.uk/News/NewsArticle/AllCars/260687/] Accessed on: 20/02/12
Barney, J.(1991) Firm Resources and Sustained Competitive Advantage. Journal of Management 1991 17: 99
Barney, J. et al, 2001. The resource-based view of the firm: Ten years after 1991. Journal of Management 27 (2001) 625–641The Society of Motor Manufacturers and Traders (SMMT) April,2011 , Motor Industry Facts, London,SMMT.Available at:http://www.smmt.co.uk/shop/motor-industry-facts-2011-2/
Butler, J.E. and Priem, R.L., 2001. Is the resource-based “view” a useful perspective for strategic management research ? Academy of Management Review Vol. 26, No.1, 22-40
Butler, J.E. and Priem, R.L., 2001. Tautology in the resource-based view and the implications of externally determined resource value: further comments. Academy of Management Review Vol. 26, No.1, 57-66
Commission of the European Communities,2009, EUROPEAN INDUSTRY IN A CHANGING WORLD UPDATED SECTORAL OVERVIEW, Brussels (Belgium),European Communities. Available at:http://ec.europa.eu/enterprise/sectors/food/files/competitiveness/eur_ind_sec2009_1111_en.pdf
Reference
Coyne,K., 2008. Enduring ideas: The GE-Mckinsey nine-box matrix. Mckinsey&Company, Inc. available at: http://www.mckinseyquarterly.com/Enduring_ideas_The_GE-McKinsey_nine-box_matrix_2198 Accessed on 26/02/2012
Cremer, A., and Matussek, K., 2011. Porsche Plunges After VW Merger Fails After Lawsuit. Bloomberg Businessweek. Available at: [ http://www.businessweek.com/news/2011-09-09/porsche-plunges-after-vw-merger-fails-over-pending-lawsuits.html] Accessed on: 20/02/12
Crane, J., et al, 2008. Electric Cars: Plugged In. Deutsche Bank Securities Inc. Global Market Research Division 2012 Datamonitor, (2011). Volkswagen AG available at: http://360.datamonitor.com.ezphost.dur.ac.uk/Product?pid=BC7E1CA4-BD1F-4180-B98F-436FFDE0A2A5 Accessed on 18/02/2012
Datamonitor (2011) Car manufacturer in the United Kingdom available at: http://360.datamonitor.com.ezphost.dur.ac.uk/Product?pid=FAF2A5E5-A9E8-49F5-B7F9-D373976F6824 Accessed on 21/02/2012
Department of Transport, 2011. Plug-in Car Grant. Department of Transport, UK Government 2012. Available at: [http://www.dft.gov.uk/topics/sustainable/olev/plug-in-car-grant/] Accessed on 10/02/12
Department of Energy, 2010. Critical Materials Strategy. U.S. Department of Energy 2012. Available at: [http://energy.gov/sites/prod/files/edg/news/documents/criticalmaterialsstrategy.pdf] Accessed on: 11/02/12
Devineni, M., et al, 2011. Powering Autos to 2020: An Era of Electric Cars? The Boston Consulting Group, Inc. 2012
Reference
Frankland, D. (2009). The Intelligent Approach To Customer Intelligence. Forrester Research, Inc.
Goldman, L. (2004). ‘The Role of Customer Intelligence in Successful CRM’. DM Review. May 2004. pp. 12-14
Gregory R. Elliott and Ross C. Cameron (1994): Consumer Perception of Product Quality and the Country-of-Origin Journal of International Marketing, Vol. 2, No. 2, pp. 49-62
Grundy, T., 2006. Rethinking and reinventing Michael Porter's five forces model. Cranfield School of Management, UK. Strategic Change 15: 213-229 Grundy, T., 2004. Rejuvenating strategic management: the strategic option grid. Cranfield School of Management, UK. Strategic Change 13; 111-123
H. Siemann., 2009. Introduction to GE/Mckinsey Matrix Portfolio Analysis available at: http://www.siemann.eu/PDF-Dateien/GEMckPortfolio.pdf Accessed on 25/02/2012
Hooley, G. et al., (2008) “Marketing Strategy and Competitive Positioning” UK, Prentice Hall International Press.
Information Management, 2001. Customer Relationship Report. Information Management and SourceMedia, Inc. 2012. Available at: [http://www.information-management.com/issues/20010901/3980-1.html] Accessed on: 20/02/12
Interbrand, 2011, 2011 Ranking of the Top 100 Brands, [online], available at: <http://www.interbrand.com/en/best-global-brands/best-global-brands-2008/best-global-brands-2011.aspx>, Accessed 23/02/ 2012
Reference
Interbrand, 2011, Best Global Green Brands 2011 Ranking, [online], available at: http://www.interbrand.com/en/best-global-brands/Best-Global-Green-Brands/2011-Report/BestGlobalGreenBrandsTable-2011.aspx, Accessed on 23/02/12
Landler, M., 2007. Porsche seen likely to realize VW merger. New York Times. Available at: [http://www.nytimes.com/2007/10/23/business/worldbusiness/23porsche.html?_r=1&adxnnl=1&pagewanted=print&adxnnlx=1330475310-rPBOSyRH3KntZeoSgbYjHQ] Accessed on: 20/02/12
Lexus, (2012) Official website, available at: http://www.lexus.co.uk/. Accessed on 18/02/2012
Matthies, G.,et al, 2010. The e-mobility era: Winning the race for electric cars. Bain & Company, Inc. 2012
Microsoft News Center, 2011. Microsoft signs patent license agreement with Volkswagen Group Software Supplier e.solutions. Microsoft 2012. Available at: [http://www.microsoft.com/Presspass/press/2011/may11/05-02exFATPR.mspx?rss_fdn=Press%20Releases] Accessed on: 20/02/12
Mintel, (2010). Car Finance. available at: http://academic.mintel.com.ezphost.dur.ac.uk/sinatra/oxygen_academic/search_results/show&/display/id=590000 . Accessed on 18/02/2012
Mintel (2009), Car brands available at: http://academic.mintel.com.ezphost.dur.ac.uk/sinatra/oxygen_academic/search_results/show&/display/id=470327 Accessed at 23/02/2012
Mintel (2011) Alternative Fuel Vehicles available at: http://academic.mintel.com.ezphost.dur.ac.uk/sinatra/oxygen_academic/search_results/show&/display/id=561647。 Accessed at 13/02/2012
Reference
Mintel (2008) Car Buying available at: http://academic.mintel.com.ezphost.dur.ac.uk/sinatra/oxygen_academic/search_results/show&/display/id=545223 Accessed at 14/02/2012
Mintel (2008) Cars available at: http://academic.mintel.com.ezphost.dur.ac.uk/sinatra/oxygen_academic/search_results/show&/display/id=227758 Accessed at 14/02/2012
Mintel, (2009) Automotive Brands: Brand Purchasing available at: http://academic.mintel.com.ezphost.dur.ac.uk/sinatra/oxygen_academic/search_results/show&/display/id=470327 Accessed on 18/02/2012
Pasternack, A., 2009. George Will Disses the Prius, Obama, and the Facts. Treehugger, Discover Communications, LLC. 2012. Available at: [ http://www.treehugger.com/corporate-responsibility/george-will-disses-the-prius-obama-and-the-facts.html] Accessed on: 10/02/12
Porter, M.E., 2008. The Five Forces That Shape Strategy. Harvard Business Review. Available at: [http://www.ascendcfo.com/pdfFiles/HBR-The%20Five%20Competitive%20Forces%20That%20Shape%20Strategy.pdf] Accessed on: 10/02/12
Toyota Official website, (2012) available at: http://www.toyota-global.com/company/profile/toyota_group/Accessed at 20/02/2012
Toyota Motor Corporation, 2011, Annual Report 2010, Toyota, Aichi: Toyota Motor Corporation.
Reference
Toyota Motor Corporation, 2011, Sustainability Report 2011, Toyota, Aichi: Toyota Motor Corporation
Techtarget, 2010. Customer-intelligence-CI. Techtarget 2012. Available at: [http://searchbusinessanalytics.techtarget.com/definition/customer-intelligence-CI] Accessed on: 20/02/12
Volkswagen AG (2010) sustainability report 2010 available at: http://www.volkswagenag.com/content/vwcorp/info_center/en/publications/2011/05/Report_2010.bin.html/binarystorageitem/file/VWAG_Nachhaltigkeitsbericht_online_e.pdf Accessed at 16/02/2012
Volkswagen official website (2012): available at: http://www.volkswagen.com/vwcms/master_public/virtualmaster/en2/unternehmen/konzern.html (accessed at 21/02/2012)
Volkswagen, (2012) Official website, available at: http://www.volkswagen.co.uk/ index. Accessed on 18/02/2012
Volkswagen Aktiengesellschaft, 2012, Annual Report 2010, Wolfsburg: Volkswagen Aktiengesellschaft.
Volkswagen Aktiengesellschaft, 2012, Sustainability Report 2010, Wolfsburg: Volkswagen Aktiengesellschaft
Volkswagen Aktiengesellschaft, 2012, Volkswagen Group – Factbook 2011, Wolfsburg: Volkswagen Aktiengesellschaft
Reference