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SWOT Analysis: Nighthawk Motors Ecostar

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SWOT
Furthermore, to effectively establish an effective marketing strategy Nighthawk Motors must establish a SWOT analysis to root out the strengths, weaknesses, opportunities, and threats observed by the company.
Strengths
As mentioned previously the Nighthawk Motors’ Ecostar offers an HPEV, with a 1.8L 4-cylinder engine that produces 60 MPG city and 55 MPG highway with a range of 500 miles. Its main strength compared to the direct competition is that it is $3000 less than the comparable competition’s models. Moreover, Nighthawk Motors has been able to eliminate the pitfalls and issues with the early year hybrids as the Ecostar is the first-generation PHEV that Nighthawk Motors has developed. This latter release allows the Ecostar to sidestep any preconceived notions by customers from past model releases. …show more content…

This will be a positive marketing point to U.S. buyers who will at times purchase American made vehicles over foreign vehicles. Finally, as charging points continue to hinder the electric only vehicles the HPEV market is still growing as it allows the owners peace of mind that they will not run out of fuel.
Weaknesses
The first weakness that can be seen of the Nighthawk Motors’ Ecostar is that since the company has not built, marketed, and sold a plug-in hybrid vehicle before, it will be a new venture that will have considerable startup expenses to ensure success. Additionally, as Nighthawk Motors are new the HPEV market, it will experience considerable competition from a market that already has several other HPEV options. Moreover, in addition to constructing a new vehicle, Nighthawk Motors will have to also construct or add on to its current facility to be able to manufacture the added vehicle line.

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