Porsche leads 2024 JD Power USA Automotive Brand Loyalty Study-luxury division
Porsche was recognized as the top premium brand in the 2024 J.D. Power USA Automotive Brand Loyalty Study — marking its third consecutive in a span of three years.
KEY TAKEAWAYS
What does it mean for Porsche to lead the premium category of the 2024 J.D. Power USA Automotive Brand Loyalty Study?
The latest award underscores Porsche's “continued commitment to delivering vehicles that provide unmatched quality and satisfaction, ensuring that Porsche owners return to the brand time and again.”What is the study's scope?
The study covers transaction data at franchised new-vehicle dealers in the United States from September 2023 to August 2024.In a statement, the European luxury automaker shared that the latest award highlights its “continued commitment to delivering vehicles that provide unmatched quality and satisfaction, ensuring that Porsche owners return to the brand time and again.”
According to Porsche Cars North America President and Chief Executive Officer Timo Resch, customer loyalty is at the Porsche brand’s core.
“Every one of us, from our independently owned and operated Porsche Centers across America to our headquarters here in Atlanta, is committed to creating a world-class experience from start to finish. We are grateful to deliver such a meaningful experience that is a result of our team’s daily efforts,” he added.
As the name suggests, the results of the analysis are based on customer loyalty — which is already in its sixth year — and checks if an owner will purchase under the same brand after trading in their existing unit.
Aside from that, the study considers various factors such as overall satisfaction, brand trust, and customer experience throughout the ownership cycle that determines client behavior.
The study uses data from the Power Information Network (PIN) to determine customer loyalty. To ensure data accuracy, PIN only considers transactions at franchised new-vehicle dealers. The findings for this year’s study are based on transaction data from September 2023 to August 2024 — making the insights timely and relevant to current market trends.
Also read:
Porsche is top premium automaker in 2024 JD Power IQS
Porsche 911 tops JD Power vehicle dependability study
Porsche tops vs European rivals in latest J.D. Power dependability ranking
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