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The Corvette has gone through numerous redesigns and special editions. The Corvette's competitors include the Dodge Viper, Porsche 911, Audi R8 and the Nissan GT-R.
Rivalry among the competitors is very strong is this industry. The major competitors are so closely balanced that it increases the rivalry. One of the other reasons there is such high rivalry is that there is a lack of differentiation opportunities. The price, quality, durability, and many other aspects of different manufacturers are greatly taken into consideration when deciding what type of vehicle to purchase. Automotive are placed into one of 18 classes based on size, price, and market position...
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