Tuesday, May 28, 2013

Volvo, Mitsubishi, Road & Track among brands predicted to disappear from US next year

Volvo, Mitsubishi, Road & Track among brands predicted to disappear from US next year

24x7 Wall St., a financial news and opinion website, has identified 10 big brands that it believes will disappear from the US market within the next 18 months. The list "reflects how industry trends can accelerate the demise of certain brands," says the publication, noting the "brutally competitive nature of certain industries and the importance of not falling behind in efficiency, innovation or financing." Failure of a brand may happen for a variety of reasons, but the website points out that declining sales, rising costs, losing market share and a loss of customers are nails in an impending coffin.

Autoblog , Volvo, Mitsubishi, Road & Track among brands predicted to disappear from US next year, Volvo, Mitsubishi, Road & Track among brands predicted to disappear from US next year

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