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Auto execs surveyed say VW, BMW most likely to grow
Thu, 17 Jan 2013A new survey of top global automotive executives indicates both Volkswagen and BMW are the most likely to grow their market share over the next five years.
Tax advisory firm KPMG LLP has released its 14th annual Global Automotive Executive Survey, which includes responses from over 200 executives. A total of 81 percent of respondents said they expect to see Volkswagen make gains, compared to 70 percent last year. BMW, meanwhile, saw 70 percent of those surveyed say they believe the company will increase its market share. That's a jump of 7 percentage points over last year. This is the first time in the history of the survey that BMW has claimed the second-place spot.
Meanwhile, Hyundai has seen its perceived market share potential slacken for the third year in a row. Around 61 percent of those surveyed predicted gains for Hyundai, down from 63 in 2012. Toyota also has a surprising year, but for just the opposite reason. While the manufacturer had slipped in ranking since 2011, it enjoyed the largest increase of any company in the 2013 survey, jumping to 68 percent from 44 percent last year.
Mystery shoppers love Infiniti, hate Tesla
Tue, Jul 12 2016Infiniti, followed by Lexus tied with Mercedes-Benz took the top two spots for best sales experience according to mystery shoppers from the latest Pied Piper Prospect Satisfaction Index, while EV manufacturer Tesla recorded the lowest overall score. Not surprisingly, premium brands dominated the top ranks. Including the three already mentioned, luxury brands occupied seven of the top ten spots and included Audi, BMW, Porsche, and the only American brand to crack the upper echelon, Cadillac. Toyota, Volkswagen, and Nissan rounded out the first ten positions. The news for domestic automakers isn't good. Aside from Caddy, the only other star-spangled automaker to score above the industry average is Chrysler. The rest of FCA, most of GM, and all of Ford fell below the line. But Pied Piper's mystery shoppers handed Tesla the biggest walloping – the company is ten full points below the next lowest brand, Volvo, and its score of 86 is 17 below the average of 103. It's baffling, considering the company's touted direct-sales model. "Tesla leaves me scratching my head," Fred O'Hagan, Pied Piper's president and CEO, told Wards Auto. "They own all of their stores, so you would think each one would be doing the same thing. But they're not. Tesla is consistent in its inconsistencies." O'Hagan added that there's a "huge variation" in Tesla's store-to-store effectiveness, and that in some cases, shoppers found showroom workers that acted more like "museum curators," Wards Auto reports. It might be popular to call Tesla the Apple of the car world, but based on Pied Piper's work, the brand has a long way to go to emulate the uniform shopping experience of an Apple Store. The news might be bad for Tesla, but even for the brands that scored below average, there's cause for celebration. Only Tesla and Mini lost points in this year's rankings, and only Mercedes and Lincoln held steady. Every other brand, including Infiniti, which topped the index for the first time, gained at least one point. The biggest improvements belong to Porsche, Land Rover, and Mitsubishi, which all jumped five points. Pied Piper's annual Prospect Satisfaction Index uses mystery shoppers – over 6,100 this year – from across the country to assess dealers and generate rankings from over 50 individual factors. News Source: Pied Piper via WardsAuto Green Audi BMW Cadillac Chrysler Infiniti Lexus Mercedes-Benz Nissan Tesla Toyota Car Buying Car Dealers study
More details emerge on hotter BMW i8S coming next year
Thu, Nov 27 2014The BMW i8 recently won the Autoblog Technology of the Year award, and it's going to get even better. In October, Automobile magazine reported that BMW's i brand is working on an i8S that would be stiffer and more powerful, and celebrate the marque's centenary in 2016. At the time, one of two power unit combinations was suggested, either one of them good for more than 500 horsepower. Car magazine has added more info on the coupe said to be called Project M100, saying that in addition to being a birthday gift for BMW, it will also be a going-away statement to current chairman Norbert Reithofer, who is expected to retire in 2016 or 2017. It will also be so thoroughly reworked that there will be plenty of daylight between it and the standard i8: a more integrated carbon fiber and aluminum chassis, a wider range of materials used in the build, a larger luggage bay due to the omission of rear seats, a more aggressive suspension supporting heartier brakes and wider tires, and - perhaps - a different aero and ground-effects package to be visually different and make the most of the alterations. As for that power unit, Car says that the two options mentioned by Automobile are still under consideration, being either a 2.0-liter twin-turbo four-cylinder with 320 horsepower and a 204-hp electric motor, or a 3.0-liter straight six with 480 hp and an electric motor with 109 hp. Either choice gets an integrated starter motor good for another 27 hp, and a total torque number of roughly 520 pound-feet, 100 additional lb-ft than the current car. Word is that it will be shown for the centenary in 2016 then go on sale by the end of 2017.