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I am currently following a iterative V model (kind of hybrid) for the Automotive Electronics project that I'm working on. I don't understand if the SDLC model that we follow is really project specific, as I feel that we can also follow a different SDLC model with equal effectiveness. Also, which model is the best suited when it comes to an Automobile domain.

I would be really greatful if somebody could help me with the appropriate SDLC selection.