U.S. Japan Hybrid Battle
Toyota clearly stole a march on its slow-footed U.S. rivals and shut them out of a hot new market, much as Apple crushed its competitors with the ubiquitous iPod. But the iPod, and the broader innovation it represents—making huge quantities of music and video portable—has created a small entrepreneurial ecosystem. There’s a large and growing aftermarket of iPod holders, speakers, car mounts and headphones, developed and sold by companies not run by Steve Jobs....