Chevy Company Essay

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Chevrolet has a diverse and remarkable mix of products. This is mostly due to the fact that the company’s founder believed that the best way to compete against Ford was to offer a large, diverse group of vehicles (Ferrell and Hartline, 2014). Chevy offers seven cars, four SUVs/crossovers, four trucks/vans, and one electric vehicle (Ferrell and Hartline, 2014). There is the Corvette and the Camaro to those buyers who can afford and desire a sports car (Ferrell and Hartline, 2014). Also offered is the Impala and the Cruze for those who want a family car while getting good fuel efficiency and being safe (Ferrell and Hartline, 2014). Even more popular than the cars are their pickup trucks. The Silverado, Chevrolet’s most popular truck, is available …show more content…

First, it offers cars of different sizes and price ranges that can cater to their customers’ needs (Ferrell and Hartline, 2014). Having such a diverse market, Chevy has the ability to appeal to almost every customer. But even with such a broad mix of cars, Chevy also has its weaknesses. Some of its cars have styling that is becoming dated, such as the Malibu and Impala (Ferrell and Hartline, 2014). Corvette is declining within the state of its growth because most of its customers are over 50, and the car is having problems reaching out to the younger generation (Regan, 1979). Chevy is also dealing with the pressure to improve fuel efficiency and to be more environmentally friendly with its trucks and SUV’s. This is particularly difficult because there is a tradition in America for large trucks (Ferrell and Hartline, 2014). Finally, Chevy has also entered into the electric car realm where its primary competition is the Nissan Leaf (Tollefson, 2008). The weakness of this plan, however, is that Chevy’s Volt is an electric/gasoline mix and not a truly all-electric car like the Leaf. Recent problems with the Volt’s battery have raised concerns, as well (Tollefson,

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