Hyundai Ranked 7th in US Brand Loyalty Survey, Lexus is First

Business » INDUSTRY | July 20, 2021, Tuesday // 10:48
Bulgaria: Hyundai Ranked 7th in US Brand Loyalty Survey, Lexus is First pexels.com

Hyundai Motor ranked 7th in the '2021 US Automotive Brand Loyalty Study' conducted by US market research firm J.D. Power, up a notch from last year. Kia maintained its ranking 6th.

According to the industry on the 19th, J.D. Power surveyed the brand loyalty based on transaction data from June last year to May this year, and Japanese company Subaru topped for three consecutive years with 61.8% in the general car brands category. Brand loyalty refers to the proportion of car owners who purchase the same brand when trading or purchasing a new car.
It was followed by Toyota (61.1%), Honda (59.3%), Ram (56.8%) and Ford (53.9%).

Kia was 52.2%, and slightly increased compared to the previous year (51.3%). Hyundai Motor (51.0%), which ranked 8th (47.4%) last year, overtook Chevrolet (49.2%) and increased by 3.6%p to 7th.
Among premium brands, Lexus (51.6%) topped for the three consecutive years. Porsche (50.2 %) ranked 2nd, followed by Mercedes-Benz (47.0%), BMW (45.6%) and Audi (45.5%). (ANI/Global Economic)

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Industry » Be a reporter: Write and send your article
Advertisement
Advertisement
Expats.bg All Are Welcome! Join Now!
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria