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GlobalData blog: Are more expensive cars here to stay?
re and after the pandemic reached American shores, the global supply chain disruption that originated with COVID-19 restrictions sent vehicle prices skyrocketing. In just two years between Q2 2020 and Q2 2022, average US transaction prices rose from roughly US$35,000 to over US$45,000, according to JD Power data. By the latter date, the Federal Reserve had started raising interest rates, compounding affordability problems for those hoping to fina...
News Updated at: 2024/10/04
GWM, JD Logistics co-create new business forms for zero-carbon express delivery
GWM, JD Logistics co-create new business forms for zero-carbon express delivery On September 22, Great Wall Motor (GWM) presented a demonstration program on zero-carbon express transportation developed with JD Logistics at the 16th International Exhibition on Transport Technology and Equipment. Exhibited at the event was GWM’s GE573 intelligent battery electric heavy-duty truck with a 573.9kWh short blade battery, which is a next-generation New...
News Updated at: 2024/09/26
GlobalData blog: Will the US light vehicle market finally see a return to normality in 2024?
counting for around 30% of purchases in early 2020. However, when inventory levels crashed and interest rates rose, leasing lost its cost advantage over traditional financing, and it fell out of favour with both OEMs and consumers. By October 2022, leases represented just 16% of sales, according to JD Power data. That percentage has since crept up to over 20%, and OEMs could choose to push lease deals more aggressively in 2024, especially if inte...
News Updated at: 2024/01/17
BMW Brilliance partners with JD for electrified logistics transportation
BMW Brilliance partners with JD for electrified logistics transportation On November 23, JD Logistics announced on its official WeChat account that it has formed a cooperation with BMW Brilliance to undertake short-distance barge transport service of the company’s Shenyang production site. JD Logistics will realize electrified logistics transportation within and among OEM plants with 38 new energy trams to help BMW achieve the BMW iFACTORY stra...
News Updated at: 2022/11/29
Chery New Energy to launch Chery QQ Wujie Pro in August
Chery New Energy to launch Chery QQ Wujie Pro in August The 2nd China International Consumer Products Expo opened on July 26. On that day, as a close partner of JD.com (a Chinese e-commerce company) in the New Energy Vehicle (NEV) sector, Chery exhibited its iCar Ecosystem at the booth of JD.com. Moreover, Chery signed a cooperation agreement with JD.com on a “Jingrui Program”, and unveiled the first model, the Chery QQ Wujie Pro, under this ...
News Updated at: 2022/08/01
LMC Automotive blog: US fuel economy rules, tougher standards coming
afer Affordable Fuel-Efficient (SAFE) regulations passed in 2020. By the 2026 model year, the new fuel economy targets closely align with the EPA’s CO2 targets released in December 2021. The result is a projected 49 mpg national light vehicle fleet average for the 2026 model year. Our vehicle and powertrain forecasts already account for the changes finalised in the new fuel economy law due to its eventual parity with the pre-existing EPA standa...
News Updated at: 2022/04/12
Geely launches Bo Yue Pro and 2020 Bo Yue at Chengdu Motor Show
UV 2020 Bo Yue at the Chengdu Motor Show. The Bo Yue Pro is available in six versions and will retail between CNY 98,800 and CNY 156,800. The 2020 Bo Yue is available with two different engine capacities (1.8TD/2.0L) and comes in five versions. Prices range between CNY 98,800 and CNY 129,800. Three powertrains (1.8TD+7DCT/1.5TD+6AT/1.5TD+6MT) are available for the Bo Yue Pro model, with all powertrain options meeting the new China 6 emission stan...
News Updated at: 2019/09/19
Great Wall Motor to collaborate with JD in smart home and express delivery to vehicle
Great Wall Motor to collaborate with JD in smart home and express delivery to vehicle On December 4, Great Wall Motor and JD announced at JD’s IOT strategy conference to collaborate in smart home and express delivery to vehicle.The “smart home” consists of “vehicle control from home” and “home control from a vehicle”. For “vehicle control from home”, users can check car conditions (such as door conditions, mileage, fuel quantity...
News Updated at: 2018/12/10
Hyundai Motor India enriches brand power under modern premium direction
Hyundai Motor India enriches brand power under modern premium direction On April 19, Hyundai Motor India Ltd. informed that it has attained a significant growth in enriching its Brand Power under Modern Premium Brand direction. HMIL has steadily climbed up the ranks demonstrating a steady increase in awareness and preference for its premium offerings among the customers. The enhanced Brand Power Index increased its awareness from 77% in 2016 to...
News Updated at: 2018/04/24
J.D. Power announces Sales Satisfaction Index 2017 in India
J.D. Power announces Sales Satisfaction Index 2017 in India J.D. Power announced on October 12 that the strengthening digital environment in India is impacting consumer behavior throughout the new-vehicle purchase journey according to the J.D. Power 2017 India Sales Satisfaction Index (Mass Market) Study.The study finds that 49% of new-vehicle buyers in India researched vehicles online, an increase of 15% from last year. The primary searches rela...
News Updated at: 2017/10/12
New vehicle attractiveness improves in 2016: JD Power study
New vehicle attractiveness improves in 2016: JD Power study The overall appeal of new vehicles in Thailand improved across all segments, according to the JD Power 2016 Thailand Automotive Performance Execution and Layout (APEAL) Study. The overall APEAL averaged 901 points (on a 1,000-point scale) in 2016, up from 883 in 2015, with scores in all vehicle segments improving year over year. Manufacturers have successfully managed to improve vehicle ...
News Updated at: 2017/01/10
Tata Motors reveals plan for passenger vehicle business
accolades from the auto media, journalist and enthusiasts. It will launch its Kite 5 sedan and Nexon after that. For coming months, Tata Motors will also focus on dealer network expansion. It will keep improving on customer centricity as reflected in the improved ranking of 3rd place in the recent JD power survey. (Tata Motors Analyst Presentation for Q2 2017)...
News Updated at: 2016/12/27
Safety, connectivity features increase new vehicle appeal for Indian consumers
Safety, connectivity features increase new vehicle appeal for Indian consumers In a press release on December 21, J.D. Power 2016 India Automotive Performance, Execution and Layout (APEAL) Study revealed that the proliferation of safety features such as anti-lock braking system and airbags and technology features such as hands-free connectivity are helping to boost the overall appeal of new vehicles in India. Overall APEAL averages 862 points (o...
News Updated at: 2016/12/22
4th Generation Honda City becoming the fastest selling mid-size sedan in India
record time of 32 months in India thus becoming the fastest selling mid-size sedan in the country. Maintaining a strong sales momentum since its launch in January 2014, the 4th Generation Honda City cumulatively registered sales of 200,098 units by the end of August 2016.The 4th Generation City is powered by advanced transmission system – CVT – mated with an i-VTEC petrol engine and the highly fuel efficient i-DTEC diesel engine. These engin...
News Updated at: 2016/09/07
Kia ranks highest in JD Power Initial Quality Study
Kia ranks highest in JD Power Initial Quality Study In its 2016 Initial Quality Study released by JD Power on June 22, Kia was shown to rank highest in initial quality with a score of 83 problems experienced per 100 vehicles (PP100), the first time in 27 years that a non-premium brand has topped the rankings. It is also the second consecutive year that Kia, which ranked second in 2015, has led all non-premium makes in initial quality. Porsche (84...
News Updated at: 2016/06/23
TVS Motors ranks highest in inaugural JD Power India customer service study
TVS Motors ranks highest in inaugural JD Power India customer service study TVS Motors ranks highest in the inaugural JD Power 2016 India Two-Wheeler Customer Service Study released on April 28, with a score of 773. Overall customer satisfaction with two-wheeler after-sales service is 748. This study measures overall satisfaction in five factors (listed in order of importance): vehicle pick-up (22%); service advisor (21%); service quality (20%); ...
News Updated at: 2016/05/06
JD Power analysts forecasting India to become third largest automotive market by 2015
JD Power analysts forecasting India to become third largest automotive market by 2015 Some automotive industry analysts working for the J.D. Power Group, a U.S.-based market research company, talked about the market trends in India, China and the U.S. in an interview with Nikkan Jidosha Shimbun. Mohit Arora, executive director at J.D. Power Asia Pacific, Singapore, said “India is likely to become the third largest market by 2015, exceeding Jap...
News Updated at: 2012/12/10