SANTA MONICA, Calif. — TrueCar.com, the authority in new car pricing, trends and forecasting released its Performance Scorecards for automotive manufacturers and brands. The full report is available in TrueCar.com’s monthly TrueTrends Report. The Performance Scorecards grade each manufacturer and brand on eight different measurements including pricing, sales, incentives, customer loyalty, market share and days in inventory data.
Overall, the top manufacturers on the Scorecards in August were Hyundai, Jaguar Land Rover and Subaru. Near the bottom of the list were Saab, Honda and Suzuki. The brands that received the highest grades were Jeep, GMC and Land Rover and the brands with the lowest grades were Saab, Jaguar, Honda and Suzuki.
“There’s no stopping Hyundai at this point, as they continue to dominate the scorecards,” said Jesse Toprak, VP of Industry Trends and Insights at TrueCar.com. “Saab is on the brink of bankruptcy and the scorecards have been pointing to their failures for some time now.”
The biggest gainers among manufacturers, from July 2011 to August 2011 were:
- Toyota moving from a C- to a B+
- Jaguar Land Rover moving from a B- to an A
- Subaru moving from a B to an A
The biggest decliners among manufacturers, from July 2011 to August 2011 were:
- Volkswagen moving from an A to a C+
- Porsche moving from an A to a B-
- Ford moving 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|
|2 (tie)||Jaguar Land Rover||A||2||Honda||D+|
|2 (tie)||Subaru||A||3 (tie)||Suzuki||C-|
|Highest Grades by Brand||Lowest Grades by Brand|
|1 (tie)||GMC||A+||2 (tie)||Jaguar||D|
|1 (tie)||Land Rover||A+||2 (tie)||Honda||D|
The TrueTrends Report can be viewed in its entirety at TrueCar.com.
TrueCar Inc. is an automotive solutions provider focused on changing how cars are sold by providing a significantly better customer experience while helping qualified dealer partners to gain incremental market share and reduce costs. TrueCar.com is a transparent, visual publisher of new car transaction data. TrueCar.com price reports help both dealers and consumers to agree on the parameters of a fair deal by providing an accurate, comprehensive and simple understanding of what others actually paid for the identically equipped new car over the last 30 days both locally and nationally. TrueCar, Inc. works with a national network of nearly 5,000 Certified Dealers that provide up-front, no-haggle, competitive pricing to assist 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. These partnerships include American Express, AAA, USAA and more than 60 others. Collectively these audiences represent over 1M in-market customers each month. TrueCar, Inc. is headquartered in Santa Monica, CA and has offices in San Francisco. The company was founded in 2005 and has been profitable since 2009. With nearly 200 percent year-over-year growth TrueCar has driven over 350,000 sales and is developing a suite of transaction oriented products and services centered on transparency and radical clarity as a result of comprehensively analyzing market data and information.
About TrueCar Data
TrueCar obtains data directly from numerous sources including automotive dealers, technology companies, data aggregators, and analytics companies within the automotive space. We also acquire vehicle configuration data, customer and dealer incentives data, financing and loan data, vehicle registration and insurance data, and much, much more. TrueCar is insatiable about data with our goal to find 100 percent of all purchase transactions, even if that means finding the same transaction multiple times from multiple sources within the car-buying ecosystem. Our data is among the most timely and comprehensive in the industry. TrueCar believes the greater our informational accuracy, the greater benefit we provide to both dealers and consumers.
This press release and the information contained herein is for noncommercial use on “as-is, as available” basis and may be used for informational purposes only. TrueCar makes no representations or warranties, express or implied, with respect to the information contained in this press release and the results of the use of such information, including but not limited to implied warranty of merchantability, fitness for a particular purpose and non-infringement. The information contained in this press release may include technical inaccuracies or typographical errors. Neither TrueCar nor any of its parents, subsidiaries, affiliates or respective partners, officers, or directors, employees or agents shall be held liable for any damages, whether direct, incidental, indirect, special or consequential, including without limitation lost revenues or lost profits, arising from or in connection with your use or reliance on the information presented in this press release.