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Toyota forced to reassess its approach with Scion 28/08/2008 12:20. After five years generating big headlines and relatively small
sales, Toyota's youth-oriented Scion brand is at a crossroads. Toyota executives are rethinking some of the basic principles they set out for the brand - how many and what kind of vehicles Scion should sell - as they work to keep it fresh and innovative. It's unclear whether they can do it, and some industry observers have begun to ask whether Scion was a misstep by Toyota's usually sure-footed strategists. "Toyota doesn't need Scion," said Art Spinella, president of CNW Research, Bandon, Ore. "They should have spent the money on developing Toyota-branded products," he said, likening Scion to Saturn, which some critics say distracted GM from improving its established brands. "Toyota's been following the GM model for... // Modesto Bee |