Hyundai Gets Top Marks in January 2012; Porsche and Honda Also Score Well in TrueCar.com’s Grades for Manufacturers and Brands
SANTA MONICA, Calif., Feb. 17, 2012 /PRNewswire/ — TrueCar.com, the authority in new car pricing, trends and forecasting released its Performance Scorecards for automotive manufacturers and brands. The Performance Scorecards grade each manufacturer and brand on eight different measurements including pricing, sales, incentives, customer loyalty, market share and days in inventory.
Overall, the top manufacturers on the Scorecards in January were Hyundai, Porsche, and Honda. Near the bottom of the list were Volvo, Suzuki and Saab. The brands that received the highest grades were Hyundai, Kia, and Scion, and the brands with the lowest grades were Infiniti, Suzuki, Smart, and Saab.
The biggest gainers among manufacturers, from December 2011 to January 2012 were:
- Honda moved from an A- to an A
- Jaguar Land Rover moved from a B+ to an A-
- Subaru moved from a B to a B+
- Toyota moved from a C+ to a B-
- Chrysler moved from a C+ to a B-
- Nissan moved from a C to a C+
The biggest decliners among manufacturers, from December 2011 to January 2012 were:
- Daimler moved from an A to a B
- Mitsubishi moved from a B- to a C-
- Mazda moved from a B- to a C+
Below are the highest and lowest manufacturer and brand rankings by TrueCar.com:
Highest Grades by Manufacturer Lowest Grades by Manufacturer Rank Manufacturer Grade Rank Manufacturer Grade 1 Hyundai A+ 1 Saab D 2 (tie) Porsche A 2 Suzuki D+ 2 (tie) Honda A 3 (tie) Volvo C- 3 (tie) Mitsubishi C- Highest Grades by Brand Lowest Grades by Brand Rank Brand Grade Rank Brand Grade 1 (tie) Hyundai A+ 1 Saab D- 1 (tie) Kia A+ 2 (tie) Smart D 1 (tie) Scion A+ 2 (tie) Suzuki D
For more information on the Performance Scorecards, visit blog.truecar.com.
TrueCar, Inc. is an automotive solutions provider focused on changing how cars are sold by providing a significantly better consumer experience while helping qualified dealer partners gain incremental market share and reduce costs. TrueCar is a visual publisher of new and used car transaction data. TrueCar price reports help both dealers and consumers agree on the parameters of a fair deal by providing an accurate, comprehensive and simple understanding of what others actually paid recently for an identically-equipped vehicle both locally and nationally. TrueCar works with a national network of dealers that provide a no-hassle car buying experience. In addition, TrueCar assists some of the nation’s largest and most well respected membership and service organizations to meet the auto buying needs of their members and customers. TrueCar is headquartered in Santa Monica, CA and has offices in San Francisco, CA and Austin, TX. Since 2006, TrueCar has connected hundreds of thousands of consumers with dealers nationwide resulting in dealers selling over 400,000 vehicles, and is developing a suite of products and services centered on radical clarity through the comprehensive analysis of market data and information.
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