Tag: J.D. Power
Dealerships embrace AI for loans, yet crave in-person sales impact
Auto lending is a process that is becoming more automated, and dealership finance teams are generally in favor of using new technologies like AI...
Weekly roundup: Stellantis posts record earnings, Tesla’s 7-year financing, new AI...
Earlier this week: Stellantis reported record-breaking earnings of $12.1 billion, a 37% increase in net profit, and a 12% year-over-year revenue growth to $109...
Where does the new car market stand today? — Tyson Jominy...
On this edition of CBT Now, Jim Fitzpatrick speaks with Tyson Jominy, the Vice President of Data and Analytics at J.D. Power, about the...
New vehicle quality drops again in 2023 as brands push new...
New vehicle quality decreased in J.D. Power's annual Initial Quality Study under industry-wide shifts to new features and emerging technologies.
J.D. Power researchers calculated vehicle...
4 ways car dealers can win against aftermarket service providers
According to the J.D. Power 2022 U.S. Aftermarket Service Index Study, customers increasingly prefer aftermarket service providers to new-vehicle dealers. J.D. Power surveyed almost...
GM excels, Ford falls short in J.D. Power vehicle dependability study
As Ford's CEO Jim Farley has often stated, the carmaker must increase quality, and the new 2023 J.D. Power U.S. Vehicle Dependability Study, which...
What must auto dealerships focus on this coming year? — Tyson...
After a challenging and disappointing year, dealerships are anxious to know what's in store for retail auto in 2023. Consumer research firm J.D. Power...
Auto leaders have lowered their EV sales outlook after slow growth
In a new report, KPMG unveiled data showing how the auto-industry's EV sales outlook has soured over the course of 2022.
Using survey responses from...
J.D. Power believes the EV market will outperform 2023 predictions
A new J.D. Power study has revealed that the EV market could be growing much faster than previously thought.
Automakers are watching the EV market...
Kia dealerships place last in customer sales satisfaction
Kia is warning its American dealers about poor performance, in response to a J.D. Power study.
The research, which analyzed customer sales satisfaction in the...