Swot Analysis Of Chevrolet

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Chevrolet has a large diversity of vehicles, as stated by Farrell & Hartline (2014), “the company has developed large trucks and vans; the Silverado, Avalanche, Colorado and the Express, full-size; midsize, compact, and sub-compact automobiles; sports cars; and even race cars” (p.406-407). Chevrolet strengths are the large diversity of vehicles under the brand name. Moreover, Chevrolet has a unique product mix, that offers an arrangement of vehicles for all different types of consumers. Additionally, Chevrolet offers these various types of vehicles at different price points, a vehicle to fit every budget.
Chevrolet, has a variety of strengths; its Global presence, Diversity of Vehicles; Innovation; Brand Loyalty; Technological Advances; U.S. …show more content…

Chevrolet, has always been at the forefront of innovation. According to Newcomb (2016), Chevrolet, recently created the Autonomous and Technology Vehicle Development Team, which is tasked with mapping out an engineering strategy as well as seeking partnerships and investments to make GM a leader in self-driving innovation (p.1). Chevrolet, has some of the world’s most loyal customers, I have a 1988 Chevy Caprice that has not run in five years, but, I just can’t seem to let it go. Customers are loyal to brands, which, according to Crosby & Johnson (2001), “elicit emotional attachment from customers. When interacting with the company, customers and prospects may have feelings of safety, pride, excitement, comfort, confidence, caring, or trust. These interactions activate feelings and build strong brand commitment” (p.2). That being said, I guess I can’t get rid of my Chevy because of my emotional attachment to …show more content…

For example, bankruptcy, competition, recalls and high structure costs, are a few of its weaknesses. Competition breeds success, at least that’s what my boss always says. Competition, is a weakness for Chevrolet, as more automotive companies strive to manufacture the next bestselling automobile. Chevrolet, always has to look into its rear view mirror at what the competition is doing. Moreover, since there are so many different vehicles on the market, that gives consumers a wide range of choices. Competition between the automotive companies for market share, requires them to use their most effective marketing techniques. Interestingly, when companies battle for market share, this increases the consumers bargaining power (Lutz,

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