Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Hyundai Ranked Highly In USA

Immediate release
14 December 2004

Hyundai Ranked Highly In USA

More good news for Hyundai in a leading international survey: Hyundai owners are rated among the most loyal to their brand in the United States.

Hyundai owners ranked fourth in the latest Customer Retention Study by the respected J.D. Power and Associates organisation.

Up from seventh last year, Hyundai trailed only Toyota, its luxury brand Lexus and US giant Chevrolet.

The study found that 57.6 percent of Hyundai car buyers were satisfied with their purchase and intended to repurchase another Hyundai vehicle.

“This is another reflection of worldwide recognition for Hyundai’s quality, reliability and value,” said the General Manager of Hyundai Automotive New Zealand Philip Eustace.

“Hyundai now stands for world class quality; more and more people are hearing about the reliability of our vehicles and our quality message is sinking in.”

The J.D. Power study is based on responses from 171,000 new-vehicle purchasers, whether for cash or leased, of whom 103,088 replaced a previous vehicle that was originally purchased new. The study measures the ability of nameplates to retain their owners who are once again in the market for a new vehicle.

Established in 1967, Hyundai Motor Co. has grown into the Hyundai Automotive Group which posted US$21.94 billion in sales in 2002. Hyundai motor vehicles are sold in 166 countries through 4,504 dealerships and showrooms.

end -

© Scoop Media

Business Headlines | Sci-Tech Headlines


Half A Billion Accounts: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>



Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news