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Chevy Product Mix

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When assessing the strengths and weaknesses of Chevrolet product mix Many of the cars of the company exemplify fast speeds,fuel efficient, quality brand and product, high sales, great highway mileage and most important they offer a differentiation in their mix to accommodate various markets. One of the many strengths of Chevrolet is that they introduce a new car model each year. This is known as product modification and this strategy has given this company a competitive advantage to overtake its competitors in sales. Many consumers look forward to the new model each year and are eagerly encouraged to trade in their cars each year (Ferrell & Hartline, 2014). Likewise, Chevrolet is also known for launching the new vehicle called the Volt which is an electric vehicle that is ran off electric power but can also utilize gasoline if needed (Ferrell & Hartline, 2014). Chevrolet is furthermore known for its variety of car types such as large trucks, vans, full and …show more content…

Chevrolet brands sometimes find it hard to maintain and enhance ways to further increase its competitive advantage and stay ahead of its competitors. Furthermore, innovative features and styles are an area in which they should focus to keep their product and brand relevant and highly regarded. Likewise, Chevrolet could further enhance its need for fuel efficient cars as many of their SUVs utilize a lot of gas. In addition, some of Chevrolet products simply lacked significant notable changes or innovative features to the design from previous designs. Therefore, the lack of modification has caused some competitors to overtake them. Unfortunately, some of the cars within the product mix lost sales to the increase in mid-size cars which provided more comfort to the buyers and also due to many lawsuit issues and concerns present in some of its other cars. Cheap interior materials and construction also served as a weakness for Chevrolet product

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