SANTA MONICA, Calif. — TrueCar.com, the authority in new car pricing, trends and forecasting released its Performance Scorecards grading automotive manufacturers and brands for their performance in the month of July. 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 July were Subaru, Toyota, BMW and Jaguar Land Rover. Near the bottom of the list were Nissan, Mitsubishi, Suzuki, and Volvo. The brands that received the highest grades were Scion, Land Rover, Subaru, Audi and Fiat. The brands with the lowest grades were Mazda, Mitsubishi, Suzuki, Jaguar and Volvo.
The manufacturers with the largest gains, from June 2012 to July 2012 were:
- Mazda moved from a C- to a C+
- Volkswagen moved from a B to B+
- Daimler moved from a B- to a B
- Honda moved from a C+ to a B-
The manufacturers with the steepest declines, from June 2012 to July 2012 were:
- Chrysler moved from a B+ to a B
- General Motors (GM) moved from a B to an B-
- Porsche moved from an B- to a C+
- Mitsubishi moved from a C+ to a C
- Suzuki moved from a C 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 | Subaru | A+ | 1 | Volvo | D+ | |
2 (tie) | BMW / Toyota | A | 2 | Suzuki | C- | |
3 | Jaguar Land Rover | A- | 3(tie) | Nissan / Mitsubishi | C | |
Highest Grades by Brand | Lowest Grades by Brand | |||||
Rank | Brand | Grade | Rank | Brand | Grade | |
1 (tie) | Scion/Land Rover | A+ | 1 | Volvo | D- | |
2 (tie) | Subaru/Audi/FIAT | A | 2 (tie) | Jaguar / Suzuki | D | |
3 (tie) | Toyota/BMW/Chrysler | A- | 3 (tie) | Mitsubishi / Mazda | D+ |
For more information on the Performance Scorecards, visit blog.truecar.com.
TrueCar, Inc. is an online automotive information and communications platform focused on creating a better car buying experience for dealers and consumers. Consumers want a hassle-free car buying experience and dealers want high-quality sales velocity. TrueCar helps achieve these goals by providing unbiased market information on new car transactions and by supplying an online communications platform through which dealers and consumers can communicate with each other. TrueCar’s market-based information provides both consumers and dealers with an accurate and comprehensive understanding of what others actually paid recently for similar vehicles, both locally and nationally. TrueCar’s communications platform then allows informed, ready-to-buy consumers to communicate directly with participating dealers. Some of the nation’s largest and most well respected membership and service organizations rely on websites powered by TrueCar to help educate their members and customers who are in the automotive market. TrueCar is headquartered in Santa Monica, CA, and has offices in San Francisco, CA, and Austin, TX. After experiencing dramatic growth since 2006, TrueCar is developing a suite of products and services centered on radical clarity through the comprehensive analysis of market data and information. TrueCar’s participating dealer partners have sold over 500,000 new vehicles to TrueCar users nationwide.
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SOURCE TrueCar.com