Tuesday, November 24, 2009

Two Japanese Carmakers Leads Over All Other Mainstream Brands.Toyota, Honda

Toyota, Honda and Volkswagen Take Top Spots in ALG's Fall 2009 Perceived Quality Study
Las Vegas (CRWENEWSWIRE) Nov. 23, 2009 Two Japanese carmakers, Toyota and Honda were the top performers among mainstream brands in ALG’s Fall 2009 Perceived Quality Score (PQS). German carmaker Volkswagen (VW), takes third spot .

Ford Cars showed the strongest year-over-year improvement in perceived quality, followed by Ford Trucks/SUVs. Ford’s ability to avoid bankruptcy and launch new models in 2009 has likely generated increased consumer confidence in the brand.

Hyundai rounded out the top three in terms of greatest year-over-year improvement.

Consistently lead the industry when it comes to perceived quality are Toyota and Honda. These companies have maintained a long history of durable and reliable powertrains.

About ALG
Based in Santa Barbara, California, ALG is a leading provider of data and consulting services to the automotive industry. ALG publishes the “Automotive Lease Guide” – the standard for Residual Value projections in North America, and has been forecasting automotive residual values for over 37 years in both the U.S. and Canadian markets. ALG is a company of DealerTrack Holdings, Inc. (Nasdaq: TRAK).

About DealerTrack
DealerTrack’s intuitive and high-value software solutions enhance efficiency and profitability for all major segments of the automotive retail industry, including dealers, lenders, OEMs, agents and aftermarket providers. Our solution set for dealers is the industry’s most comprehensive. DealerTrack operates the industry’s largest online credit application network, connecting over 17,000 dealers with over 750 financing sources. Our Dealer Management System (DMS) provides dealers with easy-to-use tools with real-time data access that will streamline any automotive business. With DealerTrack Inventory Optimization, dealers get better data along with the tools to make smarter, more profitable inventory decisions. Our Sales and F&I solution enables dealers to streamline the entire sales process, quickly structuring all types of deals from a single integrated platform. DealerTrack’s Compliance solution helps dealers meet legal and regulatory requirements and protect their hard-earned assets. DealerTrack’s family of companies also includes data and consulting services providers, ALG (Automotive Lease Guide) and Chrome Systems. For more information, visit www.dealertrack.com.

Source;
http://www.transworldnews.com/NewsStory.aspx?id=142354&cat=1

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