Owen Peacock
The national manager of marketing and communications for
Toyota’s Scion division tells about its moves to expand
sales and attract new buyers.
Owen Peacock is the national marketing and communications
manager for Toyota’s Scion operation. He is responsible for
marketing and communications programs for Scion, a line of vehicles
from Toyota Motor Sales (TMS) U.S.A. Inc. Aimed at younger buyers,
Scion is the first new brand from Toyota since the debut of Lexus in
1989. It was unveiled by TMS in March, 2002, and its vehicles are aimed
at a new generation of consumers who Toyota says “seek the latest
trends in style and innovation.” Peacock began his career with
TMS in 1998 and held a variety of operations and marketing positions
within Toyota and Scion before moving to the national Scion office in
2007. From that year to 2010, he served as Scion national field
operations manager before moving to the marketing department. Peacock
earned his bachelor’s degree in automotive technology and
technical sales from Weber State University. Dan Jedlicka interviewed
Peacock during the media preview of the new, early 2013 Scion FR-S
sports car in Las Vegas.
Q. What makes the Scion FR-S different from other
sports cars?
A. It’s affordable, sophisticated, fun-to-drive and delivers good
fuel economy. It also has a large number of dealers and service
outlets. There hasn’t been any new, affordable rear-wheel-drive
sports cars such as the FR-S s for a long time. It brings fun back to
Toyota and to the entire industry. It’s a “halo” car
for the Scion brand.
Q. I hear that the FR-S was developed with
Subaru, which is offering its own version of the car, called the BRZ.
A. Toyota partnered with Subaru to develop the FR-S, but Toyota
designed the exterior and interior of its car. And the FR-S has such
things as Toyota’s direct injection cylinder head design
incorporated into Subaru’s engine, which has horizontally opposed
pistons. The engine design helps allow a low center of gravity for
really sharp sports-car handling.
Q. Although the light FR-S has 200 horsepower and
is pretty quick, it isn’t designed for the fastest 0-60 mph times
in its class, is it?
A. That’s correct. The FR-S isn’t just a
“straight-line” car. It’s fun to drive on winding
roads. It calls for driver involvement and, although exceptionally
engineered, doesn’t use lots of electronics to largely
“drive itself.”
Q. How many FR-S models do you expect to sell?
A. The FR-S just went on sale this spring, so we expect to sell 10,000
this year and 20,000 in its first full year in 2013.
Q. Isn’t it true that today’s younger
car buyers aren’t as interested in getting their first vehicle as
they once were?
A. True. A car once allowed younger buyers to most easily see each
other. Now, many would rather spend money on electronic items, such as
cell phones, to hook up with friends.
Q. I hear that the many younger people that Scion
vehicles initially attracted have become older and thus that your
average buyer age has gone up.
A. Tight credit hurt sales among younger folks who wanted a Scion. But
our average buyer age still is one of the industry’s lowest. We
still expect many young buyers, with older ones, who perhaps bought a
Scion when younger as their only car, using the FR-S as a second car.
Whatever—it’s a pure sports car that can be used as a daily
driver.
Q. I notice that the FR-S doesn’t come with
lots of option packages.
A. We’re not offering option packages because many contain items
that car buyers don’t want just to get an item, or items, they do
want. However, many Scion buyers like to “personalize”
their vehicle, so we offer such individual items as a rear spoiler,
larger wheels, lowering springs and an upgraded sound system.
Some of these items will be post-introduction extras.
Q. You say the FR-S will have “Pure
Pricing.” Yet, car dealers are independent businessmen and
can’t be told what to charge.
A. We just mean a dealer must sell the car at the price he advertises,
with no under-the-table money asked by the dealer so a person willing
to pay extra can’t get the car sooner than others wanting it for
the advertised price.
Q. Will improvements be made to the FR-S as time
passes?
A. Special editions and performance accessories may be added to keep
the car fresh.