SWOT ANALYSIS OF RENAULT MEGANE

Description
SWOT ANALYSIS OF RENAULT MEGANE

Renault Megane

Parent Company

Renault SA

Category

Hatchback

Sector

Automobiles

Tagline/ Slogan

Your five senses prefer a Renault Megane

USP

Dynamic design, fuel efficiency, value for money STP

Segment

Hatchback Segment

Target Group

Young executives and small families

Positioned as a value for money car which can provide a joyful driving Positioning experience SWOT Analysis

1. A good value for money car 2. Available in multi variants providing more options to the customers 3. Good fuel efficiency and performance 4. Good sales globally specially France and UK 5. Megane RenaultSport is sports version with 0-60 in 6 seconds and top speed of 240kmph Strength 6. Hybrid electric versions available for cleaner drives

1. Limited market penetration in Americas and other growing markets Weakness 2. Market share is stagnant due to presence of other small car brands

1. Expanding hatchback segment to accommodation competition Opportunity 2. Acquiring collaborations with automobile business entities

3. Augment distribution and servicing network

1. Intense competition in the market 2. Competition offering innovative features at lower price 3. New entrants in the same segment with better features and lower Threats price Competition

1. Volkswagen Golf Competitors 2. Ford Focus



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