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You are here: Home / Archives for J.D. Power

February Total New-Vehicle Sales Projected to Increase as Availability Improves

February 24, 2023 By CollisionWeek Editor

Consumer spending on new vehicles will set a February record. Total new-vehicle sales for February 2023, including retail and non-retail transactions, are projected to reach 1,117,100 units, a 7.2% increase from February 2022 according to a joint forecast from J.D. Power and LMC Automotive. February 2023 has the same number of selling days as February […]

Filed Under: News Tagged With: Electric Vehicles, J.D. Power, LMC Automotive, New Vehicle Sales, S&P Global Mobility

J.D. Power Survey Says Auto and Home Insurance Claims Processes Suffer Digital Growing Pains

December 6, 2022 By CollisionWeek Editor

Customer satisfaction with claims experience falls again as insurers struggle to manage long cycle times via digital channels. The ongoing digital transformation of the property and casualty (P&C) insurance industry has hit some speedbumps when it comes to customer satisfaction among those who use insurers’ digital channels to manage their claims. According to the J.D. […]

Filed Under: News Tagged With: Claim Satisfaction, Claims Technology, J.D. Power

J.D. Power Reports Auto Claims Process Satisfaction Declines as Repair Times Increase

October 27, 2022 By CollisionWeek Editor

Amica Mutual Ranks Highest in Auto Insurance Claims Satisfaction. The volume of vehicle collisions is returning to pre-pandemic levels and, when combined with all-time-high repair costs, historic backlogs in repair shops and limited replacement parts availability, it is costlier and more time-consuming than ever to get customers’ vehicles back on the road after a collision. […]

Filed Under: News Tagged With: Claim Satisfaction, J.D. Power

J.D. Power Study Finds Collision Intervention Technologies are Among Most Problematic ADAS Technologies

October 12, 2022 By CollisionWeek Editor

Inaugural study raises concern that innovative features need to be improved before vehicle autonomy can be increased. Advanced Driver Assistance Systems (ADAS) account for 13% of total industry problems with 23.1 PP100 (problems per 100 vehicles), according to the inaugural J.D. Power 2022 ADAS (Advanced Driver Assistance Systems) Quality and Satisfaction Study, released yesterday. Specifically, […]

Filed Under: News Tagged With: Advanced Driver Assistance Systems, Collision Avoidance, J.D. Power

New Vehicle Sales Projected Down in August on Selling Day Basis

August 24, 2022 By CollisionWeek Editor

Vehicle inventory continues to restrain sales. New-vehicle retail sales for August 2022 are expected to decline when compared with August 2021, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales of new vehicles this month are expected to reach 980,400 units, a 2.6% decrease compared with August 2021 when adjusted for […]

Filed Under: News Tagged With: Electric Vehicles, J.D. Power, LMC Automotive, New Vehicle Sales

July New-Vehicle Sales Remains Constrained by Supply Chain Issues

July 29, 2022 By CollisionWeek Editor

Sales pace is basically limited to the number of vehicles delivered to dealers each month as demand remains strong. Transaction prices and dealer profits remain at record levels. New-vehicle retail sales for July 2022 are expected to decline when compared with July 2021, according to a joint forecast from J.D. Power and LMC Automotive. Retail […]

Filed Under: News Tagged With: J.D. Power, LMC Automotive, New Vehicle Sales

J.D. Power ChromeData and Ford Partner to Expand Build Data Coverage

July 27, 2022 By CollisionWeek Editor

J.D. Power ChromeData, the provider of vehicle data and software solutions, announced an agreement with Ford Motor Company to utilize Ford, Lincoln and Mercury build data to further enhance the ChromeData Vehicle Description Services. “Ford’s initiative to utilize its build data to help dealers, lenders and other industry partners will bring more clarity in understanding […]

Filed Under: News Tagged With: Agreements Signed, Build Data, Ford Motor Company, J.D. Power

Coalition Unveils Expanded, Updated Recommendations for Universal Terms for Advanced Driver Assistance Technology

July 26, 2022 By CollisionWeek Editor

A coalition of the nation’s leading experts in automobiles and auto safety—AAA, Consumer Reports, J.D. Power, National Safety Council, PAVE, and SAE International—released a set of expanded and updated recommendations for universal terms for advanced driver assistance system (ADAS) features.   The six overarching categories on the list are collision warning, collision intervention, driving control […]

Filed Under: News Tagged With: AAA, Advanced Driver Assistance Systems, Consumer Reports, J.D. Power, National Safety Council, Partners for Automated Vehicle Education, SAE

USAA Receives Highest Overall Score for 23rd Year in a Row from J.D. Power for Auto Insurance Satisfaction

June 30, 2022 By CollisionWeek Editor

USAA achieved the highest overall score in the J.D. Power 2022 U.S. Auto Insurance Study. With an overall score of 881, USAA scored above 45 other property and casualty insurance companies included in the study. This is the 23rd year in a row that USAA has achieved the highest score for auto insurance satisfaction. USAA […]

Filed Under: News Tagged With: J.D. Power, USAA

New Vehicle Sales Projected to Decline Again in June Compared to Last Year

June 24, 2022 By CollisionWeek Editor

New-vehicle transaction prices projected at all-time high. New-vehicle retail sales for June 2022 are expected to decline when compared with June 2021, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales of new vehicles this month are expected to reach 965,300 units, a 18.2% decrease compared with June 2021 when adjusted […]

Filed Under: News Tagged With: J.D. Power, LMC Automotive, New Vehicle Sales

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