In terms of brand loyalty, Ford has fared quite well in some recent studies, recording a fifth place finish in the 2021 J.D. Power Automotive Brand Loyalty Study and earning an Overall Loyalty to Make win in IHS Markit’s Automotive Loyalty Awards, while the Ford Edge was also the top ranked vehicle in the U.S. in terms of brand loyalty in May 2022. Now that this year’s J.D. Power U.S. Automotive Brand Loyalty Study has been released, The Blue Oval is once again proving to enjoy some strong dedication from customers as Ford trucks inspired the highest loyalty rates in this new study.
Ford trucks dominated that particular segment with a loyalty score of 63.8 percent, which beat out every other brand on the market, including second-place Toyota, which earned a score of 58.7 percent. It’s an impressive finish in a coveted category, as truck buyers are typically more loyal than most other segments.
The U.S. Automotive Brand Loyalty Study, now in its fourth year, uses data from the Power Information Network to calculate whether an owner purchased the same brand after trading in an existing vehicle on a new vehicle. Customer loyalty is based on the percentage of vehicle owners who choose the same brand when trading in or purchasing their next vehicle. Only sales at new-vehicle franchised dealers qualify. The study was redesigned in 2022 to include brand loyalty across five segments – premium car, premium SUV, mass market car, mass market SUV, and truck. Overall, consumer loyalty remained pretty high across the board, thanks to current conditions.
“The issue of tight supply chain and lower-than-normal production could have been quite disruptive to loyalty, but the highest-ranking brands excelled by staying focused on keeping owners in the brand,” said Tyson Jominy, vice president of data & analytics at J.D. Power. “There are multiple paths to keeping owners loyal, but every winning brand showed a commitment to launching fresh products, excellent processes focused on the vehicle owner, high residual values, and offering vehicles with great appeal. And, for the most part, they’re all winning with market share.
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Comments
I’m deeply disappointed over the long wait for my Maverick, and still have no idea when or, should I say, if I will receive it. Ford and their dealerships should be ashamed of themselves for taking advance orders and deposits on vehicles that may never see the inside of a production facility.
I have been a Ford person since the 60s, I have seen Ford go up and down over the years, but never have I seen them go so low in quality as they have in the last 8 years. The last time I bought a Ford was in 2014 and was looking to buy a new one this year but looking at the ones coming out now, I have held off as the quality does not look good, and the price has jumped up over $28,000.00 and for what ? A company that has gone electric ! Come on man!
wonder what these last 2 years have done to the Loyalty Rating, of course you’d have to actually receive one to be able to consider “Loyalty” as a sentiment. the promise of a vehicle (Bronco, Super-Duty, Maverick…etc) and not even providing communication of any type will most certainly affect this.