Question

Since we are speaking about market entry and why some new business's/products fail (or are successfully touted but in reality the numbers prove different), please briefly explain your thoughts on the Chevy Volt automobile. Market entry problems? Failure or Success? What do you think of this product? What is your prediction for the future of the Volt?

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Chevy’s Volt automobile is a successful product as it has been based on innovative concepts. It had established the plug-in hybrid segment which facilitated the use of electric vehicles over long range driving. When it was...

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