StevieC
Thread starter
I think they need to continue to rebuilt the brands identity and quality perception first and this is a quicker, and IMO a good way to do it, plus they get to be cocky in their advertisements which also makes people talk about the brand. Once they have generated enough happy customers, brand loyalty will set in and the bad image of the brand will quickly begin to fade then they can really concentrate on going after the luxury market. Don't forget. 1% of the population control the worlds wealth and these are the people that buy high-end cars with a few "wanna-be, living outside my means" people buying them too. So while a profitable area the bread/butter will always be regular everyday good reliable "Take me to work, soccer practice etc." vehicles.
