suzuki mehran fall in which product life cycle
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Automobiles product life cycle...
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Suzuki Mehran falls in the Decline life cycle.
Explanation:
- Suzuki Mehran is a small car from Suzuki which has been on the decline life cycle and globally it has been retired from the markets.
- The model is not being manufactured by the company as their demands have decreased in the market.
- It was a rebranded second generation Suzuki Alto and the product was in the market till 2019.
- Now it is in decline stage because people are not ready to pay a high amount for this.
- Every year there are new car models that are introduced in the markets and that attracts the customer and they are more interested in the new model that has the latest features.
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