Tag: J.D. Power

By on January 27, 2022

With electric vehicles getting a lot of press, you might be wondering which models are scratching consumers in all the right places.

According to J.D. Power’s U.S. Electric Vehicle Experience Ownership Study, the Kia Niro EV is the best thing the mainstream BEV market currently has to offer. The Korean model garnered a satisfaction rating of 744 points out of a possible 1,000. However, it wasn’t the top dog overall. That honor fell to the Tesla Model 3, which achieved a score of 777 points — besting the industry average for premium electrics by a whole seven points.  (Read More…)

By on January 3, 2022

With so many articles discussing how poor automotive sales have been through 2021, one could be forgiven for thinking this was going to be a hard year for anybody owning a dealership. However, the reality of the matter is that it’s a seller’s market and those who can sell are making a killing off everyone else’s misery.

The National Automobile Dealers Association (NADA) has reported that the ongoing deficit of product has helped the average store rake in more money than they did in 2020, breaking the previous twelve-month profitability record. Today’s average dealership is reporting a net pretax profit of about $3.38 million through October for 2021. That’s more than twice what was tallied within the same timeframe last year and really goes to show how much money can be made when the customer’s needs are the only items being discounted.  (Read More…)

By on December 27, 2021

While the official figures haven’t dropped, just about every outlet tracking new vehicle sales is projecting a significant decline in volume for December 2021. Showrooms have been trending toward the minimalist aesthetic since 2019 with the pandemic kicking things into overdrive as supply bottlenecks nullified practically every manufacturer’s ability to produce anywhere near its normal pace.

Last December was bleak, with sales falling by around 5 percent for the month as the typical transaction price for automobiles set new records. The U.S. market only saw 1.54 million sales, the lowest volume witnessed since December of 2014. But 2021 volumes are shaping up to be decidedly worse. This month is on track to fall by anywhere from 23 to 30 percent with retail sales barely cresting 1 million units as transaction prices for both new and used vehicles surpass all previous metrics(Read More…)

By on March 11, 2021

Power

Mitsubishi Motors’ third-place ranking in the latest J.D. Power Customer Service Index (CSI) indicates the brand is trying harder to improve the experience for service done under warranty and or customer pay. Up one spot from 2020 among non-premium, mass-market nameplates, Mini ranked the highest with a score of 864, Buick ranked second at 859, followed by Mitsubishi at 857, GMC at 856, and Kia in fifth at 855.

(Read More…)

By on December 16, 2020

Satisfaction in a Lincoln or a MINI

Lincoln and Mini are the top-rated brands in sales experience satisfaction, according to J.D. Power. Lincoln ranked the highest in sales satisfaction among luxury brands, and Mini ranked the highest among what Power calls mass-market brands.

(Read More…)

By on October 28, 2020

Despite governments the world over practically forcing electric vehicles down our collective throat via stringent emission standards, the average person living in North America hasn’t changed their mind on them. According to a recent survey by J.D. Power, the “Mobility Confidence Index” for battery-electric vehicles remains largely neutral.

Even as global lockdowns have made them a more viable option, with more people working from home and driving fewer miles every week, North Americans aren’t budging. In fact, citizens of the United States may actually be turning on EVs while Canadians remain slightly more agreeable  something that probably extends beyond the automotive realm.

(Read More…)

By on August 24, 2020

Today’s automobiles are loaded with the kind of technology our grandparents could only dream about. Unfortunately, some dreams aren’t all they’re cracked up to be, and we’ve often bemoaned the many annoyances associated with modern vehicles.

J.D. Power recently shared its Tech Experience Index (TXI) Study, which has been modified to better assess specific features American drivers did and did not enjoy. The general takeaway seems to be that the average motorist feels pretty good about outward-facing cameras and anything else that improves a car’s outward visibility (handy in an era of extra chubby structural pillars).

However, the more intrusive safety inclusions that actively modify how the vehicle responds to the world around it didn’t seem to get nearly as much love, with many respondents suggesting they don’t trust the systems to behave in a predictable manner. It’s something we’re in broad agreement with and echoes many of the complaints we’ve heard from readers, friends, or rattling within our own skulls. (Read More…)

By on July 22, 2020

Dodge was deemed the mainstream automotive brand with the most appeal in a recent survey conducted by J.D. Power. While that likely means a quadrant of our readers will probably discount it outright, these accolades are always fun to mention so they can be picked apart in the comments. Still, it really shouldn’t be all that bewildering to see Dodge ranking high on the list. The brand’s fleet of V8-equipped products certainly sets it apart from its rivals, even if its lineup isn’t quite so varied as its historic rivals.

The conflict comes when you see what Dodge is surrounded by. J.D Power’s Automotive Performance Execution and Layout (APEAL) study tabulates owner assessments of vehicles after 90 days of ownership using some pretty broad metrics (available here). The goal here is to uncover which brands offer the best overall experience. Apparently, Dodge owners aren’t quite as happy with their purchase as those who went to a Porsche dealership. Hardly surprising. Yet we were fairly gobsmacked to see the same was true for both Lincoln and Cadillac.  (Read More…)

By on July 15, 2020

Subaru Legacy 2018 Logo Emblem Grille

J.D. Power’s Automotive Brand Loyalty Study dropped this week, with Subaru and Lexus predictably topping the charts. Subaru actually edged out Toyota by a hair in the mainstream segment by retaining 60.5 percent of its owners, and is assumed to be aided by younger generations just getting into vehicle ownership. This is something we can back up anecdotally, as many drivers look back fondly at the nameplate and are eager for a second helping.

If your author had a nickel for every person that happily reminisced about the hand-me-down Subaru Legacy or Forester wagons they drove during their formative years, he would have a jar full of coins wasting space on a shelf somewhere because nickels aren’t particularly valuable.  (Read More…)

By on June 25, 2020

2019 Dodge Challenger T/A 392

Come again? Yes, that’s the finding of J.D. Power’s latest Initial Quality Study, which examines consumer complaints over the first 90 days of vehicle ownership. As you can already see, there was plenty of disruption in the 2020 study.

Tesla, darling of both the tech and green crowds, finished dead last in the study, which ranks brands and individual models by problems experienced per 100 (PP100) vehicles. That finding comes with a caveat, however. (Read More…)

By on May 3, 2020

2019SantaFe

Barring some health miracle and a financial windfall distributed evenly across the country’s populace, U.S. auto sales are in for a grim 2020. IHS Markit predicts a 26.7-percent slump for the year. April, which bore the full brunt of state-level lockdown measures, saw numerous automakers, perhaps all, return their worst monthly showing in years — or decades.

Amid all this dismal sales news and OEM financial bloodletting is a ray of hope for automakers and dealerships alike. States are opening up, and with declining COVID-19 cases in several major markets — and the approval of online sales in others — volume is on the upswing. (Read More…)

By on April 22, 2020

It’s been a long month and change for most Americans, and by no means is anyone out of the woods, either employment-wise or health-wise. Same goes for new vehicle sales, which remain depressed after falling off a cliff in late March.

The difference now is that sales are rising.

Not on a year-over-year basis, with gains made over “normal times” tallies. No, nothing like that. But they have started a slow climb out of the pit after hitting rock bottom, which represents another brick laid on the pathway to normality. (Read More…)

By on April 16, 2020

2019 Ford F150 Lariat FX4 front quarter

Thanks to our friends at J.D. Power, we’ve been able to offer up weekly insights into the greatest disruption to the nation’s auto industry since World War 2. It’s a volatile time, with major changes occurring week to week, rather than over the course of months and years, and the disruption remains highly dependent on region and the legislative proclamations of various states.

Last week’s sales results tell us the great weakening of the U.S. new vehicle market has reached rock bottom, with no signs of further digging. It’s also not as deep a trench as the firm’s analysts predicted. (Read More…)

By on April 8, 2020

The question haunting every industry exec’s mind is: how long does it last? Few can hazard a guess, what with the coronavirus pandemic spreading through global markets at an uneven speed, with uneven impacts (in part brought on by uneven government responses).

Last week, analysts at J.D. Power issued best- and worst-case forecasts for the coming months and year in the U.S. market. This week, we got a snapshot of how the pandemic has upset markets overseas. (Read More…)

By on March 19, 2020

The final impact of COVID-19 on the country’s auto industry is becoming increasingly less blurry. In the U.S., the Magic 8-ball foresees a significant hit to dealers and automakers in 2020, with J.D. Power now saying the already cooling market will see 3 million purchases vanish from sales ledgers.

The viral sales cull would bring the industry back to 2012-2013 levels, though at this point there’s too much uncertainty to predict when things return to normal. (Read More…)

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