Toyota Recall: Search & Social Meltdown
by Joseph Cowan ~ February 25th, 2010In a world of instant everything, food, phone, news and stock price changes, one would think that in a marketing or public relations crisis, a company or competitor would use any media at their disposal to strategically position themselves and leverage their product in a media storm. As an example, let’s look at Toyota. In the news now for weeks owing to an issue with their brake pedals, floor mats and now maybe even their automotive computer systems. Toyota reacted slowly and the media has been relentless. Consequently in January, Ford and Chevy both outsold Toyota, while Toyota sales dropped 16% (Reuters, Feb 2 2010).
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