Lexus Maintains Leadership in ALG’s Luxury Models Summer 2009 Perceived Quality Study
17 8월 2009 - 8:30PM
Business Wire
Automotive Lease Guide (ALG), a subsidiary of DealerTrack
Holdings, Inc. (Nasdaq: TRAK), a leading provider of on-demand
software and data solutions for the U.S. automotive retail
industry, today announced that Lexus maintained its top position in
ALG’s Luxury Models Summer 2009 Perceived Quality Study (PQS). Only
four brands out of the 15 surveyed showed a year-over-year
improvement, with Cadillac registering the strongest performance
with a four-point increase in its overall score, helping it jump
two places to number nine in the 2009 rankings. Mercedes-Benz, BMW,
Acura, Infiniti and Porsche rounded off the top five positions in
the study, which also were unchanged from the 2008 study (Infiniti
and Porsche tied for fifth).
“Luxury brand value has proven to be resilient even during this
severe economic downturn,” said James Clark, general manager of
ALG. “However, manufacturers’ retail strategies to push volume,
such as exceedingly high sales and leasing incentives, pose a
threat to sustaining strong perceptions for many of these luxury
brands in the future.”
Lexus’ top performance in PQS correlates with its exceptional
resale and residual performance. The brand currently holds a
considerable advantage in residual performance relative to the
luxury average, consistently ranking in the top two in ALG’s
Residual Value Awards over the past five years.
“Lexus is a repeat winner because of Toyota Motor Corporation’s
dedication and focus on maintaining industry-leading manufacturing
standards, market-based vehicle production that limits incentives,
and providing an exceptional dealership experience in both the
sales and service areas. These factors create an ideal environment
for building and maintaining strong brand perception and residual
performance,” said Mr. Clark.
Now in its 9th year, ALG’s PQS is based on a proprietary rating
scale derived from surveys of car-owners in the U.S., which then
determines the relative positions of mainstream and luxury brands.
The survey includes a variety of topics ranging from attitudes
towards the economy, interest in and valuation of new vehicle
content, and consumer perceptions of quality.
The complete list with scores is available at
https://www.alg.com/pdf/pqs_luxury_models.pdf.
About ALG (www.alg.com)
Based in Santa Barbara, California, ALG is a leading provider of
data and consulting services to the automotive industry. ALG
publishes the “Automotive Lease Guide” – the standard for Residual
Value projections in North America, and has been forecasting
automotive residual values for over 37 years in both the U.S. and
Canadian markets. ALG is a company of DealerTrack Holdings, Inc.
(Nasdaq: TRAK).
About DealerTrack
(www.dealertrack.com)
DealerTrack’s high-value software solutions enhance efficiency
and profitability for all major segments of the automotive retail
industry, including dealers, lenders, OEMs, agents and aftermarket
providers. DealerTrack operates the industry’s largest online
credit application network, connecting approximately 18,000 dealers
with over 750 financing sources. Our solution set for dealers is
the industry’s most comprehensive. Our Dealer Management System
(DMS) enables dealers to effectively manage data and operations
from a system with an open integration interface. With DealerTrack
Inventory Optimization, dealers get better data along with the
tools to make smarter, more profitable inventory decisions. Our
Sales and F&I solution enables dealers to streamline the entire
sales process, quickly structuring all types of deals from a single
integrated platform. DealerTrack’s Compliance solution helps
dealers meet legal and regulatory requirements and protect their
hard-earned assets. DealerTrack’s family of companies also includes
data and consulting services providers, ALG (Automotive Lease
Guide) and Chrome Systems. For more information, visit
www.dealertrack.com.
Safe Harbor for
Forward-Looking and Cautionary Statements
Statements in this press release regarding ALG’s Perceived
Quality Study and any conclusions or statements based thereon, and
all other statements in this release other than the recitation of
historical facts are forward-looking statements (as defined in the
Private Securities Litigation Reform Act of 1995). These statements
involve a number of risks, uncertainties and other factors that
could cause actual results, performance or achievements of
DealerTrack Holdings, Inc. to be materially different from any
future results, performance or achievements expressed or implied by
these forward-looking statements.
Factors that might cause such a difference include: the sample
size of the study; changes in consumer demand and/or perception;
and other risks listed in our reports filed with the Securities and
Exchange Commission (SEC), including in DealerTrack’s Annual Report
on Form 10-K for the year ended December 31, 2008. These filings
can be found on DealerTrack's website at www.dealertrack.com and
the SEC's website at www.sec.gov. Forward-looking statements
included herein speak only as of the date hereof and DealerTrack
disclaims any obligation to revise or update such statements to
reflect events or circumstances after the date hereof or to reflect
the occurrence of unanticipated events or circumstances.
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