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Automotive Industry News for 1/27/2012


Dealers: Take Note of Women Satisfaction Index
Throughout 2011, Women-Drivers.com took note of female experiences during dealership service visits and now lays it all out in their “Women Satisfaction Index.” Those dealers with a high score are recognized and marketed as Certified Women Drivers Friendly™. Dealership were rated on a series of criteria that includes ease of scheduling appointment, estimate of charges prior to work completion, satisfaction with the work and being treated respectfully.

JD Power: Social Media Coverage Varies Among Automaker Websites
Recent Website Evaluation Study released by J.D. Power and Associates indicates that consumer satisfaction with automaker websites declines significantly as the sites attempt to adapt to computer and tablet access to social media. All automaker websites provide access, but some provide more convenience to users and provide more depth by integrating links to social media platforms throughout several site features. Find out which sites did best!

Hyundai Sees Huge Profits on U.S. Elantra Sales
Hyundai Motor Co., South Korea’s largest automaker, reports a 38 percent rise in fourth-quarter profits based on sales of the Hyundai Elantra sedan, dubbed “Car of the Year” at the North American International Auto Show (Jan 9). Hyundai reports net income climbed to $1.8 billion October to December, deliveries increased 4.06 million in 2011 and 2012 vehicle sales are expected to climb 5.7 percent to 4.29 million.

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Industry People

Michael Grave
Director of National Accounts, Dealer Initiatives
Edmunds.com


Michael Grave has joined Edmunds.com as Director of National Accounts in its Dealer Initiatives area. In his newly created position, Grave will work with Greg Smith to continue to build and manage relationships with the biggest dealer groups in the country - many of whom he worked with in his previous position as Director of Business Development for Kelley Blue Book. In that role, he was responsible for corporate sales and relationship management and served clients such as AutoNation, Carmax, Lithia, Mile One, Enterprise Car Sales, Sonic and Asbury.
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Follow The Leaders

Follow the Leader Interview

Jesse Biter, Founder of Dealers United

Jesse Biter shares Dealers United's mission to level the playing field for privately-owned dealerships so that they can effectively compete with MegaDealers.

Contact: jesse@dealersunited.com

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Weekly Industry News Poll


Which of the following is your favorite Asian automaker?






Significant Statistics

Compact Car Cost of Ownership

Source: Vincentric, www.vincentric.com

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Market Research


Fuel cell light vehicles expected to be commercially launched in 2014 in most regions of world. The US will be the largest market for FCVs in 2020, followed by China and Germany.
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Studies & Reports


November's strong showing pushed light vehicle sales for the year to nearly 11.5M units and raised the consensus estimate for the full year to 12.8M. Exact figure aside, light vehicle sales in 2011 should exceed last year’s result by more than 10% and will be the best seen since 2008.
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Test Drives & Rides


Nissan_Juke_2011Nissan calls the Juke a Sport Cross, which ties in with its claim that it's a crossover between a sports car and an SUV. The Nissan Juke is built on Nissan's global B platform, that's been around long enough to be well proven. Its 1.6-liter turbocharged intercooled direct-injection engine is being seen for the first time in the U.S., but it too has been used by Nissan in Europe and Japan for some time now.
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