Showing posts with label Study. Show all posts
Showing posts with label Study. Show all posts

Saturday, April 16, 2011

Ward's Auto Announces the 10 Best Car Interiors of 2011


Like every year, Ward's AutoWorld magazine picks the best interiors the automotive industry has to offer. For 2011, the publication chose 10 the ten best interiors the offer after editors analyzed 51 vehicles that were all-new or featured significantly upgraded interior. Ward's Auto picked the 10 winners from all segments, with the finalists including three luxury brands, three economy cars, a sport sedan, a minivan, an SUV and a family sedan.

If you’re still with us, the top 10 winners for 2011, in alphabetical order, are:

Audi A8
BMW X3 xDrive35i
Chevrolet Cruze 2LT RS
Dodge Charger Rallye Plus
Ford Focus Titanium
Honda Odyssey Elite
Hyundai Elantra Limited
Jeep Grand Cherokee Overland Summit
Kia Optima EX
Volvo S60
Read more »

Thursday, March 31, 2011

New Study Finds Women Comprise 38.5% of U.S. Auto Sales


Americans love their cars. Whether it’s a humble family wagon, a muscle car, a luxury sedan or even a minivan: there’s nothing Americans like better than the automobile. What’s that, you say? What about women car owners?

Unsurprisingly for a species with just two genders, half the world’s population is female. And as everyone these days has to own at least one car, automakers obviously spend a lot of money catering specifically to that section of the market.

In a new study by automotive industry analyst R. L. Polk, it was found that some 38.5% of the last four year’s light vehicle registrations were made by – you guessed it – women. In “not-white” households, it’s more like 40 to 45%. It might not seem like much,

So what are the nation’s womenfolk buying? Would you be surprised to learn that nearly half of all MINI sales (47.9%) went to the fairer sex? Okay, so that’s not too surprising, but how are top five market leaders doing? Well, scroll down to see for yourself:

Read more »

Monday, March 28, 2011

EU White Paper Proposes to Ban Petrol and Diesel Cars from City Centers by 2050


The European Commission has unveiled a plan for transport in the European Union that will leave many of its citizens dumbfounded. It sets some very challenging goals with a 2050 deadline. The White Paper proposes the ban of conventionally fueled cars in the city centers, along with a 40 percent cut in shipping emissions. Furthermore, the plans envisions a 40 percent reduction in carbon fuels in aviation and a 50 percent shift in middle distance journeys by both passengers and freight from road to rail and other modes of transportation.

According to EU transport commissioner Siim Kallas, all these measures combined would generate a 60 percent overall cut in carbon emissions on the continent. In addition, the Commission wants to reduce deaths caused by road accidents by 50 percent in 2020 and hopes to “move close” to eliminating deaths by 2050.

Read more »

Tuesday, March 22, 2011

8 Out of 10 British Drivers use their Mobile Phones on the Road, Despite the Fact it’s Illegal


A UK website called GoodMobilePhones has polled some 1,859 visitors and found that 81% of respondents admit to using a mobile phone without a hands-free device while driving, despite the fact it’s been illegal to do so in Britain for over seven years.

Of those 81%, 52% use their mobile phones to make calls, 44% use them to send text messages, 31% use them to check their email and 24% use them to look at social networking sites like Facebook and Twitter. Of all the respondents, only 12% said they’d never make a phone call while driving without a hands free kit and just 3% said they’d never use their phone at all while on the road.

Read more »

Sunday, March 20, 2011

Lincoln Brand and Porsche 911 Top JD Power's 2011 U.S. Vehicle Dependability Study


Ford's luxury division Lincoln moved up one spot in the annual JD Power reliability study to gain the title of most reliable brand sold in the U.S., ahead of Lexus and Jaguar. The industry overall vehicle dependability has also improved compared to 2010, but automakers still have problems with new technologies and features.

The 2011 study takes into account problems experienced in the past 12 months by more than 43,700 original owners of three-year-old cars (2008 model year). JD Power determines the overall dependability by the level of Problems encountered Per 100 vehicles (PP100). A lower score reflects higher quality and the good news is the overall vehicle dependability averaged 151 PP100, the best value since the creation of the study.

Read more »

Monday, March 14, 2011

Study Shows What Brands Captured the Interest of Pontiac Owners in 2010


A new survey from RL Polk & Co. suggests that most Pontiac owners who bought a new car in 2010 chose a product from General Motors. More specifically, of the 57,641 Pontiac customers looking to replace their car, GM was able to recapture 53.3% of them, with 33.5% being a Chevrolet vehicle, 11.7% a GMC, 6.7% a Buick, and 1.5% a Cadillac model.

A significant percentage of buyers defected to the Ford brand, which ranked 3rd overall with 10.5%, while the Chrysler Corporation saw the Dodge brand ranked 9th, capturing 3.2%. Jeep and Chrysler together were able to capture the interest of 1.7% of Pontiac owners looking for a new vehicle in 2010.

Read more »

Wednesday, May 12, 2010

Staged Accident Claims Up 46% in the States


The National Insurance Crime Bureau (NICB; I can already see Bruckheimer behind this) reports that "staged accident questionable claims", or QCs, grew a whopping 46% over the years 2007-2009 (probably due to the recession).

As proof that something is awry, BI (Bodily Injury) and PIP (Personal Injury Protection) claims have decreased.

Here's what the report revealed:

"The top five states that generated the most staged accident QCs were: (1) Florida, 3,006; (2) New York, 1,680; (3) California, 1,619; (4) Texas, 792; and (5) Illinois, 433.

The five cities that generated the most staged accident QCs were: (1) New York City, 1,304; (2) Tampa, 562; (3) Miami, 511; (4) Orlando, 422; and (5) Houston, 376."

Read more »

Tuesday, May 11, 2010

Average CO2 Emissions of New Cars in Europe Fall 12% in 6 Years


Average European new car CO2 emissions have fallen by around 12% since 2003, according to a new study from auto consultancy JATO Dynamics. The volume-weighted European new car average is now 145.9 g/km, almost 20 g/km less than 2003, when JATO began collating European CO2 emissions data.

In addition, the study finds that half of all new cars sold in the 21 European countries analyzed by JATO had official CO2 emissions of 140g/km or less, compared to only 23% in 2003.

"The pace of improvement is remarkable and shows just how rapidly the industry has reacted to environmental demands," said David Di Girolamo, Head of JATO Consult.

Read more »

Friday, March 19, 2010

Porsche and Lincoln Top J.D. Power's 2010 Dependability Study, Cadillac DTS Has the Fewest Problems in the Industry


J.D. Power & Associates' latest vehicle dependability study says most cars are getting better. In fact, J.D. Power tests showed that 25 of 36 brands (69%) improved their long-term durability. Reported problems decreased from an industry average of 167 per 100 vehicles last year to the current 155 (+7% in reliability).

The study, which measures problems experienced by original owners of three-year-old (2007 model year) vehicles, said that Porsche was the highest-ranking brand with 110 problems per 100 vehicles followed by Lincoln (114 problems) and Buick (115 problems).

Read more »

Wednesday, November 18, 2009

New Study Says that Every GM Vehicle Sold in the States Costs Taxpayers $12,200 - In Theory...

It's 'bailout talk' time again as a new study that was conducted by Thomas D. Hopkins, a Professor of Economics at Rochester Institute of Technology, for the 362,000-member strong National Taxpayers Union (NTU), finds that the American taxpayer will have put up $12,200 for every GM vehicle, and $7,600 for every Chrysler, sold from the beginning of 2009 to the end of 2010. Together, the taxpayer subsidy for Chrysler and GM, will theoretically exceed $10,700 per vehicle sold.

But that's only if, and we repeat if, the two companies fail before 2011 and don't repay their government loans. That's a big 'IF', if you ask us, but anyway.

Hopkins came out with these figures by making guesstimates on the 2009 and 2010 combined yearly sales of GM (5.06 million vehicles total) and Chrysler (2.3 million units total) and then dividing the numbers with the loans received by the two automakers, including GMAC's bailout money as the company now provides financing services to both GM and Chrysler.

The professor says that the result is a GM/GMAC bailout of $61.5 billion ($52.9+$8.6), and $17.4 billion ($13.5+$3.9) for Chrysler/GMAC, which amounts to $12,200 for GM and $7,600 for Chrysler on a per vehicle basis.

Hopkins does note however that for each year of survival beyond 2010 and as long as no additional government loans are provided, the taxpayer burden per vehicle would decline.

"Of course one could adopt a more optimistic set of assumptions, developing a scenario in which this rescue turns out so successfully that most (but certainly not all) of the taxpayers' investment ultimately is returned, perhaps indeed with some profit," says Hopkins. "In that event, most of the taxpayer burden would disappear."

"But the plausibility of such rosy assumptions is not easy to defend. For starters, some $6.4 billion of the bailout funds, in the form of loans to the former (now bankrupt) GM and Chrysler, are not legal obligations of the newly-structured GM and Chrysler," Hopkins added.

Pete Sepp, NTU Vice President for Policy and Communications, was even more aggressive in his commentary about the report:

"Every time someone in your neighborhood drives home in a shiny new Chevy Silverado, remember that it cost American taxpayers more than $12,000," said Pete Sepp.

"Between this and GM's plan to payback their bailout debt with other taxpayer funds, I wonder if all those Americans without work right now could think of any better ways to spend that money. This is a play out of the Bernie Madoff ponzi scheme playbook, and would be the equivalent of paying your Master Card bill with your Visa."

Leaving aside the fact that the 'taxpayer burden' per vehicle is based on the assumption that neither company will pay back any loans and that they will both fail by 2011, the report also does not take into consideration any other factors whatsoever including the cost for taxpayers if both companies went bankrupt leaving tens of thousands of workers directly and indirectly employed by GM and Chrysler without a job.

Link: NTU




Tuesday, June 23, 2009

Daihatsu, Alfa Romeo and Mercedes Top Vehicle Ownership Satisfaction Study in Germany

For the first time since the launch of the study in 2002, Daihatsu has claimed the top spot in J.D. Power and Associates' redesigned 2009 Vehicle Ownership Satisfaction Study (VOSS) in Germany with a total score of 843 on a 1,000-point scale. The Japanese brand was followed by Alfa Romeo and Mercedes-Benz that tied in second place with 835 points, BMW was third with 834 points and Audi and Toyota that tied in fifth place with 831 points.

On the other side of the scale, Ford (796 points), Opel, Kia and Peugeot that tied with 790 points, Fiat (778 points), Chevrolet (775 points) and Smart (772 points) occupied the last five places in J.D. Power's 2009 German vehicle ownership satisfaction study. The industry average is 814 points.

Model-wise, Daihatsu's Sirion captured the top rank position in the small car category while Toyota received awards for the Aygo city car and the Corolla lower medium car. In the upper medium segment, Renault's Laguna finished first while Mercedes-Benz topped the executive / luxury and sports car segments with the E-Class and CLK Class models respectively.

Also receiving segment-level awards are the Skoda Roomster in the MPV group and the Nissan Qashqai in the SUV category.

J.D. Power and Associates' finding are based on 16,200 online interviews with German vehicle owners after an average of two years of ownership. According to the firm, German owners are asked to provide detailed evaluations on their cars and dealers covering 67 attributes grouped in four measurements of satisfaction including: vehicle appeal (32%) which covers performance, design, comfort and features; vehicle quality and reliability (26%); ownership costs (22%) including fuel consumption, insurance and costs of service/repair; and dealer service satisfaction (20%).


European and Asian Automakers to Build More Cars than Detroit's Big Three in N. America by 2012

According to a new study from financial advisory firm Grant Thornton LLP, European and Asian automakers will churn out more cars in North America than Detroit's 'Big Three' by 2012. The study expects that after the completion of the restructuring of the domestic auto industry, the combined capacity of General Motors, Chrysler Group LLC and Ford in North America will fall by more than 4 million units or a 35 percent reduction compared to 2008, for a total of 7.5 million units in 2012.

At the same time, all other foreign automakers combined are expected to increase their North American production by around 1.5 million a year or 20 percent, to more than 8 million units.

"A new order is emerging where the Detroit companies may no longer be the volume leaders in their home market," said Grant Thornton LLP Principal Kimberly Rodriguez, co-leader of the firm's global automotive practice.

Grant Thornton LLP reports that Volkswagen and BMW will nearly double their combined production, increasing their output capability to around 1 million units a year while Toyota, Honda, Nissan and Hyundai are projected to expand their combined production by 20 percent, or nearly 1 million units.

The study finds that the dramatic shift in production will have a large impact on North American parts suppliers that will need to secure more business from European and Asian makers.

"Suppliers largely dependent on Detroit OEMs will have to present a new value equation to potential customers from Europe and Asia if they want to participate in the accelerated shift that is coming," said Kimberly Rodriguez.

Source: Grant Thornton LLP

Thursday, May 28, 2009

Study Forecasts that Hybrids will Account for 20% of U.S. Car Sales by 2020

By the end of the next decade, hybrid car sales in the U.S. will account for 19.4 percent of the total market, according to a new study from JPMorgan. The investment bank's auto analysts also predict that global hybrid car sales will increase more than 23-fold in the same period, from 480,000 units or 0.7 percent of the market in 2008, to a staggering 11.28 million cars or 13.3 percent of total global sales in the next 12 years.

JP Morgan study asserts that the boost in hybrid car sales around the globe will be spurred by the stricter government regulation of carbon dioxide emissions in the United States and the Europe Union as well as the falling production costs of hybrid drivetrains. According to the investment bank's analysts, whereas a complete hybrid system that includes the batteries, electric motor(s) and computer hardware adds on average $5,667 to a standard car's price today, by 2020 the cost is estimated to drop to just $1,890.

Via: ANE (Sub. Req.)

Tuesday, February 10, 2009

New Study Predicts Global Vehicle Sales Will Drop 13% in 2009

CSCOOPGlobal light vehicle sales could fall as much as 13% to an estimated total of 56.8 million units in 2009, according to a study released by R. L. Polk & Co, a Michigan-based firm that collects and interprets automotive data. The report forecasts that after experiencing a 17 percent drop in 2008, U.S. light vehicle sales are expected to decrease by another 19 percent in 2009 to a total of 10.7 million units split between 8.5 million units for consumer retail and 2.2 million units for the fleet market.

Polk's study find that while Western Europe is showing less volatility than the U.S. auto market, sales are still expected to shrink by 12% over 2008 to 13.5 million units in 2009. As for the Asian market, with the exclusion of Japan, Polk is forecasting 12.4 million units in 2009 compared to sales of 13.3 million units in 2008.

"As domestic automakers are hard at work on their respective turn-around plans, they have to estimate overall industry volume, individual market shares, and vehicle mix to project their revenue potential and align their global cost structure," said Lionel Yron, director of Consulting & Analytics at Polk. "With the inability to use rising home prices to generate liquidity and tighter lending rules, Polk sees the U.S. market stabilizing around 16 million units within 3 to 5 years depending on the efficiency of the government stimulus package," Yron added.

Source: Polk