AUTOPACIFIC ANNOUNCES 2017 IDEAL VEHICLE AWARDS – PORSCHE TOP BRAND AND TOP OVERALL VEHICLE; FORD MOTOR HAS MOST SEGMENT WINNERS
TUSTIN, Calif. (August 22, 2017) – Automotive research and consulting firm AutoPacific, Inc. today announced the 2017 Ideal Vehicle Awards (IVA), recognizing vehicles that best meet their owner’s expectations and desires.
The 2017 awards are based on responses from more than 54,000 owners of new model year 2016 and 2017 vehicles across all major manufacturers. Respondents were asked what changes they would make to their car or truck in 15 key categories, including ride and handling, interior storage, safety features, power and acceleration and technology. “Even the most satisfied owner would change something about their vehicle if given the opportunity,” says George Peterson, president of AutoPacific. “AutoPacific’s IVAs identify vehicles whose owners want the least amount of change – those that are truly hitting the mark with owners.”
Atomization Continues Unabated The American car and light truck market is undergoing atomization. There are 313 car and truck nameplates on sale today in the United States. By 2022 – just five years in the future – there are going to be 377. A nameplate is a vehicle name like Ford Explorer, Renge Rover Evoque or Toyota Camry.
Car to Truck Shift Permanent Manufacturers are adding new products to more tightly appeal to customers with more diverse tastes. Buyers have shifted to crossover sport utility vehicles (XSUVs) in droves. Automakers are adding more XSUVs to satisfy every whim. Trucks began outselling cars in 2001, but since 2012 when cars last had 50% of the market truck sales have [...]
New car and light truck owners responding to AutoPacific‘s annual New Vehicle Satisfaction Survey, provide the price they paid for their vehicle. That price is what the buyer pays the dealer. A vehicle that is a strong revenue generator is golden to the health of a brand. Of course the revenue is split into many smaller and smaller pieces. Simplistically, the dealer buys the vehicle from the manufacturer and sells it at a profit. And that is about as complicated as we are going to get, because that is not the story we are chasing.
We want to know which vehicles generate the most revenue. This is analysis is rough. We use the median price paid from AutoPacific’s research and multiply that times the numbers of vehicles sold in 2016. Each of the top ten vehicles generated $10 billion or more of revenue.
F-Series Top Revenue Generator The top revenue generator was the Ford F-Series. [...]
The mid-size sedan market is extremely competitive, but has been losing sales to the booming crossover sport utility vehicle market. SUVs provide the usefulness buyers want without making the sacrifices that used to be required. Carmakers now can make their cars "cars" again.
The autonomous car puts a challenge on screenwriters to cope with the impact of more technologically advanced vehicles. Will the bad guys find ways to win? Or will autonomy yield a crime free utopia where the bad guys cannot escape using "modern" transportation and smart streets?
Having a new Jeep Renegade Trailhawk over the long July 4th weekend, I took it to Costco for the quarterly bird seed, cat food replenishment. At first I was wondering if the Renegade was up to the task. Does a small crossover SUV have the capacity to take the load?
There were fourteen bags of bird seed and two of cat food. Plus the package of 30 rolls of toilet paper. Would they fit? Plus, would they fit with the other stuff we bought? Removing the tonneau cover over the cargo area and folding the rear seats were required to fit in the load. There was room to spare. Probably could have doubled the number of bird seed and cat food bags.
The all new VW Tiguan gives Volkswagen a much needed competitor in the hot compact crossover SUV market. Competing with the likes of the Honda CR-V, Nissan Rogue, Toyota RAV4 and Ford Escape, Tiguan has to be outstanding to win in the consideration set including those vehicles. Is it good enough?
Every two months, AutoPacific surveys drivers to determine the fuel price impact on their lives, their driving styles and their consideration for vehicle types in the future. The fuel price impact today is dramatically different from the surprise price spike to $4.15 per gallon in June 2008. Drivers reacted dramatically. They abandoned large SUVs and bought high fuel economy small cars and hybrids instead. Hybrid consideration peaked at 29% in September 2008.
Drivers took huge financial losses getting rid of their gas guzzlers, but they quickly rued that decision. By December 2008 the price of gasoline had dropped to $1.67 per gallon. (The value of $1.67 in 2008 is $1.94 in today’s dollars). This began a roller coaster ride of gas prices. By January 2011, gas prices had risen to over $3 per gallon and stayed there until December 2014. Today, the national price of a gallon of gasoline is about $2.50.
The new Genesis G90 sets a new record for satisfaction results in AutoPacific's New Vehicle Satisfaction research. The results are distributed across the industry with American brands providing the most satisfying trucks and SUVs. Asian brands dominate car satisfaction results.
Lincoln Most Satisfying Premium Brand; GMC Most Satisfying Popular Brand
TUSTIN, Calif. (June 7, 2017) – AutoPacific today announced its 21st annual Vehicle Satisfaction Awards (VSAs), identifying the most satisfying vehicles in the market. An industry benchmark for measuring how satisfied an owner is with his/her new vehicle, VSAs are based on survey responses from over 54,000 owners of new 2016 and 2017 cars and light trucks.
“This is the 21st anniversary of AutoPacific identifying the most satisfying vehicles and providing consumers a way to streamline their search for their perfect vehicle,” says AutoPacific president George Peterson. AutoPacific’s Vehicle Satisfaction Awards objectively measure owner satisfaction with 49 separate attributes ranging from interior comfort and styling to fuel economy and performance. “VSAs look at the big picture, which includes owners’ experiences with their [...]