Why Honda SUV Owners Keep Coming Back: J.D. Power Study Reveals
October 16 2024,
Honda's SUV lineup has secured the top spot for brand loyalty among mainstream SUV owners in the J.D. Power 2024 Automotive Brand Loyalty Study. The recognition comes from the combined performance of Honda's SUV range, including the HR-V, CR-V, Passport, Pilot, and the new all-electric Prologue.
J.D. Power's study, now in its sixth year, measures brand loyalty by analyzing whether vehicle owners choose the same brand when trading in or purchasing their next vehicle. Honda's achievement in the mainstream SUV category underscores the brand's ability to retain customers in a highly competitive market segment.
Honda's Reaction to the Award
Jessika Laudermilk, assistant vice president of Honda Auto Sales, emphasized the significance of this recognition. "Owner loyalty is the most cherished measure of success in the auto industry," Laudermilk stated. She attributed this success to the efforts of Honda associates who create and build SUVs in America, as well as Honda dealers who provide exceptional sales and service experiences.
The company views this award as a reflection of its commitment to delivering value to customers. Honda's focus on maintaining high standards in both product quality and customer service has evidently resonated with SUV owners, encouraging them to stay with the brand for subsequent purchases.
Study Insights and Methodology
The J.D. Power study provides valuable insights into consumer behaviour and brand effectiveness in the automotive industry. It analyzes owner loyalty across various segments, including mainstream SUVs, luxury SUVs, cars, and trucks. Brands receive awards for achieving the highest loyalty rate in each category.
J.D. Power, known globally for its automotive data analytics and consumer insights, conducts this study using extensive proprietary datasets. The company employs advanced analytics and artificial intelligence tools to help clients optimize business performance.
Honda's achievement in brand loyalty comes at a time when the automotive industry is experiencing significant changes, particularly with the introduction of electric vehicles. The inclusion of the all-electric Prologue in Honda's SUV lineup demonstrates the brand's adaptation to evolving market demands while maintaining customer loyalty.
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