MAKING THE GRADES
To score each brand, Cox combined ratings in 6 core subjects with bonus and penalty adjustments in 2 areas.
Core subjects
- Best customers: Ability to capture ideal customers
- Range of offerings: Diversity of vehicle lineup
- Age of offerings: Newness of vehicle lineup
- Attitudinal: Consumers’ perceptions of the brand
- Traffic: Consumer interest, as measured by new-car shopping activity
- Loyalty: Shopper loyalty, as observed by pricing requests on kbb.com
Bonus/penalty points
- Geography: Consistency in delivering share across market areas
- OEM: Frequency of dealers citing automakers’ mandates and restrictions
Source: Cox Automotive Retail Brand Scorecards Study
Cox"s Retail Brand Scorecards Study, compiled in conjunction with Automotive News, measures a brand"s performance primarily through surveys and online engagement on Cox-branded websites.
Cox used a classroom-style assessment in six categories to give each brand an overall grade-point average. Additional points were added and subtracted for "geographic consistency" in delivering share across market areas and the likelihood of dealers to report challenges in dealing with their manufacturers. As with students in classrooms, brands may excel in some subjects but not others. Tesla, for example, got one A-plus for the quality of its customers and another for their perception of the brand. The electric vehicle maker drew an F, however, for its product range. It also was marked down because of its geographical limits. It ranked just above Jaguar at the bottom of the luxury chart.