Audi, Hyundai and Citroen top China’s Sales Satisfaction Index
J D Power Asia Pacific Study reveals new insight into China’s growing auto industry. The latest Sales Satisfaction Index (SSI) reveals Audi as the top ranked among luxury car brands while Hyundai Motors and Citroen lead the chart in regular passenger car segment.
Hyundai Motors, South Korea‚Äôs leading automaker tied with Citroen in a survey conducted by J D Power. The survey indicated that both automaker’s received 772 points out of 1000 coming second after Audi‚Äôs 793 points.
2014 China Sales Satisfaction Index Study was based on responses from 15,388 owners who had made purchases or leased their car during the period July 2013 and February 2014. The study was fielded from January to April 2014 in 51 major cities in China.
Nissan came in third with 765 points while Hyundai‚Äôs Kia Motors Corp tied with Volkswagen in fourth position receiving 746 points. Infiniti received 605 points to come second in the premium sector while Cadillac and BMW came in third and fourth position.
Hyundai‚Äôs achievements are noteworthy as both Hyundai and Kia have witnessed increased sales during the year. During the first five months of 2014, Hyundai and Kia sold a total of 726,011 units in China, an increase of 10.1% as compared to sales in the same five month period of 2013.
Audi Ranks Highest among Luxury Brands; Beijing Hyundai and Dongfeng Citroen Rank Highest in a Tie among Mass Market Brands
Shanghai: 30June 2014‚ÄĒ Sales satisfaction among new-vehicle buyers is significantly higher when their salesperson uses a tablet/ smartphone during the sales process, according to the J.D. Power Asia Pacific 2014 China Sales Satisfaction Index (SSI) StudySM released today.
Satisfaction is 96 points higher among new-vehicle shoppers when their salesperson uses a tablet/ smartphone than when their salesperson does not use one of these devices during the sales process (762 vs. 666, respectively, on a 1,000-point scale). However, tablet usage remains relatively low compared to traditional sales tools such as product brochures, DVDs or desktop/laptop computers, with only 9 percent of dealership salespeople using these devices. Satisfaction averages 706 when shoppers are presented with vehicle features on a computer or DVD and drops to 684 when catalogs or brochures are used.
‚ÄúThe study finds that tablets and smartphones are very effective tools in helping consumers understand vehicle features during the sales process,‚ÄĚ said Dr. Mei Songlin, vice president and managing director at J.D. Power Asia Pacific, Shanghai. ‚ÄúProviding shoppers with sales information on a single platform that allows them to easily browse options and features creates an opportunity to improve the overall sales experience, yet dealers are still missing this opportunity.‚ÄĚ
The gap in sales satisfaction between the luxury and mass market segments increases to 35 index points in 2014 (706 vs. 671, respectively) from 18 points in 2013, largely driven by a 41-point improvement in satisfaction in the luxury segment from 665 in 2013.
Among all brands of origin, Korean automakers achieve the highest satisfaction at 762, which is 91 points higher than the mass market average.
Sales satisfaction in the luxury segment is a significant 83 points higher among vehicle owners who indicate their salesperson accompanied them at all times during the sales process than among those who indicate otherwise (711 vs. 628, respectively).
Sales satisfaction increases by 60 points when dealerships offer shoppers at least 25 minutes to test drive a vehicle than when they offer a shorter test-drive period (723 vs. 663, respectively). The average test drive time is 19 minutes.
Overall sales satisfaction improves to 674 in 2014 from 649 in 2013.
Audi ranks highest among luxury brands in satisfaction with the new-vehicle buying experience (793).
Beijing Hyundai and Dongfeng Citroen rank highest in a tie among mass market brands (772 each). Dongfeng Nissan ranks third with a score of 765.
The 2014 China Sales Satisfaction Index (SSI) Study is based on responses from 15,388 vehicle owners who purchased or leased their new vehicle between July 2013 and February 2014. The study was fielded from January through April 2014 in 51 major cities in China.