Monday, June 22, 2009

Even More on the Bailout

Back in the begining of December I wrote about the bailout

Back then I was talking about the the top Safety Picks and how American cars didn't fare well at all.

Well a new study by J.D. Power and Associates shows that American Cars lag behind foreign cars when it comes to quality.

Lexus, Toyota Motor Corp.'s luxury line, was the top brand in J.D. Power's initial quality study, an annual survey of vehicle owners that measures mechanical and design problems in the first 90 days of ownership.

Porsche was the No. 2 brand, followed by GM's Cadillac, then Hyundai and Honda.


Only the Cadillac was in the top 5??

And I love this:

Though Chrysler's scores improved year over year, it had no brands above the industry average. It tied for one segment award, with its PT Cruiser Wagon sharing the top award in the compact activity vehicle segment with Honda's CR-V. Chrysler, however, is discontinuing the car.


So let me get this right: Chrysler only got one award and they are discontinuing that vehicle? Makes perfect sense.

Obviously, the reason that American cars don't sell as well as their foreign counterparts is not an over-abundance of dealers. People don't buy more cars because there are less dealers, they buy cars because they are good quality. So for all the rocket scientists in Washington running the car companies now here's a tip: Build a better car.

1 comment:

Ju said...

The declaration that American cars are narrowing the gap is somewhat misleading: While it is true, as a whole, they are making gains -- the real numbers that matter to consumers is the individual cars in a particular class. For example, the top three classes of cars are: Truck, Mid-sized sedan, and SUV. Toyota dominates in these classes. Just because Americans can do cars that few people drive better -- isn't exactly the best accomplishment.

I tell all my friends to buy foreign still. And to use the power of competition to get a good price (ignore clever marketing). This is the best process to use when you are ready for a car:

http://excarsalesman.typepad.com/