Toyota recovers from recalls, Mother Nature to regain customer loyalty crown

Toyota recovers from recalls, Mother Nature to regain customer loyalty crown

October 17, 2012 by · Leave a Comment 

Filed under: Car Buying , Toyota After dealing with flailing global economies, numerous recalls and safety allegations and then the depleted inventory from the devastating earthquake and tsunami in Japan, Experian Automotive says that Toyota is finally back on top when it comes to consumer loyalty in the US. Toyota edged out General Motors and Ford Motor Company to grab this loyalty crown for the first time since the third quarter of 2009. The metric for this title was determined by owners of a vehicle choosing from the same corporate automaker for their next vehicle purchase. For Toyota, this means that 47.3 percent of its current customers will purchase a Scion , Lexus or Toyota model as their next car compared to 46.2 percent for GM and 46 percent for Ford. Honda and Hyundai rounded out the top five in this list. In terms of individual brand loyalty – when buyers come back to the same brand – Ford took the spot in this category with 44.7 percent of buyers returning to the Ford showroom for their next purchase, including six cars in the top 10 for overall loyalty. Ford Fusion customers are the most loyal with 59.9 percent buying another Ford, but Flex , Edge , Five Hundred, Escape and Fiesta are all in the top 10. Oddly enough, the top vehicle among brand loyalty was the Chevrolet Sonic (which has only been on the market for less than a year – we’re not sure what to make of that…) with 60.3 percent of its buyers trading in for another Chevy product. Other interesting facts to note from Experian Automotive’s study include the median age of vehicles has increased from 9.8 years up to 10.8 years since 2008, indicating that people are keeping their cars for an extra year before trading them in. Besides Toyota, Chrysler was the only automaker listed as having increased its market share and vehicle purchases in the second quarter of this year.

Are you the new Toyota Yaris?

Are you the new Toyota Yaris?

June 16, 2011 by · Leave a Comment 

Filed under: Budget , Hatchback , Toyota 2012 Toyota Yaris – Click above for high-res image gallery The subcompact B-segment is where it’s at these days. This once-overlooked segment of vehicles has been booming lately, what with recent additions like the Ford Fiesta and Mazda2 , not to mention soon-to-be-released models like the Chevrolet Sonic , Nissan Versa , Hyundai Accent and Kia Rio . Toyota is a player in this segment, but the Yaris , isn’t exactly aging too well, but a brand new version is just around the corner. That is, if these photos from a Hungarian Toyota dealership’s Facebook page are anything to go on. This stylish new Yaris looks to be the end result of what renderings and spy shots have foretold, though it’s still unclear whether or not this is indeed the car that will be sold here in the United States – this could simply be the Euro-market Yaris. Either way, if this new hatchback is destined for consumption here in the States, we’ll likely hear about it within the coming months. Are you the new Toyota Yaris? originally appeared on Autoblog on Wed, 15 Jun 2011 15:57:00 EST. Please see our terms for use of feeds . Permalink

Tweeter button Facebook button Youtube button