TrueCar.com Releases February Grades for Manufacturers and Brands

SANTA MONICA, Calif., March 17, 2011 /PRNewswire/ -- TrueCar.com, the authority in new car pricing, trends and forecasting, released its Performance Scorecards for automotive manufacturers and brands.  The full report is available in TrueCar.com's monthly TrueTrends Report.  The Performance Scorecards grade each manufacturer and brand on eight different measurements including pricing, sales, incentives, customer loyalty, market share and days in inventory data.

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Overall, the top four manufacturers on the Scorecards in February were Porsche, GM, Hyundai, and Jaguar Land Rover.  Near the bottom of the list were Saab, Daimler, and Mitsubishi.  The brands that received the highest grades are Buick, Porsche, smart, and Cadillac, GMC, and Chevrolet.

The biggest gainers among manufacturers, from January 2011 to February 2011, were:

• GM moving from a C+ to a A
• Nissan moving from a C- to a B+
• Mazda moving from a D to a B-

The biggest decliners among manufacturers, from January 2011 to February 2011, were:

• Daimler moving from a A- to a D+
• Subaru moving from a A to a B-
• BMW moving from a B+ to a C+

"All four of the GM brands received a grade of A or A+, which points to the remarkable improvements the company has shown recently in areas that make up the bulk of our scoring, such as increases in  retail sales and lower discounts," said Jesse Toprak, VP of Industry Trends and Insights at TrueCar.com.  "Hyundai also gets an A for their continued sales gains fueled by their lineup of vehicles that organically fit consumers' value-oriented product preferences."

Below are the top three highest and lowest manufacturer and brand rankings by TrueCar.com:

The TrueTrends Report is available to be viewed in its entirety at TrueCar.com.  

About TrueCar

TrueCar is the authority in new car prices. We show car buyers and car dealers how much people actually paid for a particular car in a specific local area. With TrueCar pricing, both new car buyers and new car dealers can know at any time what is considered a good or great price on a new car. Consumers no longer need to walk into a dealership partially informed and fully suspicious – using TrueCar they walk in knowing the price of a fair deal. Dealers benefit by TrueCar's real-time, unbiased information about marketplace pricing, helping them price cars for increased sales, and ultimately gaining market share over other dealers. Our innovative new car pricing service is offered free of charge on our website at www.truecar.com, on our mobile site at mobile.truecar.com, and via syndication of our tools and pricing data to leading automotive research sites throughout the web.

About TrueCar Data

TrueCar obtains data directly from numerous sources including automotive dealers, technology companies, data aggregators, and analytics companies within the automotive space.  We also acquire vehicle configuration data, customer and dealer incentives data, financing and loan data, vehicle registration and insurance data, and much, much more.  TrueCar is insatiable about data with our goal to find 100 percent of all purchase transactions, even if that means finding the same transaction multiple times from multiple sources within the car-buying ecosystem.  Our data is among the most timely and comprehensive in the industry.  TrueCar believes the greater our informational accuracy, the greater benefit we provide to both dealers and consumers.

Disclaimer

This press release and the information contained herein is for noncommercial use on "as-is, as available" basis and may be used for informational purposes only.  TrueCar makes no representations or warranties, express or implied, with respect to the information contained in this press release and the results of the use of such information, including but not limited to implied warranty of merchantability, fitness for a particular purpose and non-infringement.  The information contained in this press release may include technical inaccuracies or typographical errors.  Neither TrueCar nor any of its parents, subsidiaries, affiliates or respective partners, officers, or directors, employees or agents shall be held liable for any damages, whether direct, incidental, indirect, special or consequential, including without limitation lost revenues or lost profits, arising from or in connection with your use or reliance on the information presented in this press release.

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Jesse Toprak

https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=94534

SOURCE TrueCar.com