ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

In Battle Over Infotainment Systems Between Manufacturers and Big Tech, Only Losers are Vehicle Owners, J.D. Power Finds

Connectivity Issues Continue to be Major Contributor to Decline in Infotainment Satisfaction

For a second consecutive year, problems with vehicle infotainment systems account for 25% of all problems, according to the J.D. Power 2022 U.S. Multimedia Quality and Satisfaction Study,SM released today. Manufacturers and tech companies are working to create the most innovative and smart infotainment systems for new vehicles, but owners of newly launched models have lower satisfaction with their infotainment systems than owners who buy carryover vehicles.

The top-cited problem for new-vehicle owners is connectivity issues, both with Android Auto or Apple CarPlay with 5.8 PP100 (problems per 100 vehicles), an increase of 0.9 PP100 since 2021 and 2.2 PP100 since 2020—the largest increase in the industry—and OEM smartphone applications with 5.3 PP100, an increase of 1.4 PP100 since 2021 and 1.3 PP100 since 2020. A lower score reflects higher quality and satisfaction.

“Car manufacturers and tech companies are working together to create infotainment systems, however neither is taking responsibility as satisfaction is clearly on the decline,” said Ashley Edgar, senior director of global automotive supplier benchmarking and alternative mobility at J.D. Power. “Additionally, simplifying infotainment systems and focusing on connectivity to smartphones and OEM applications would be a good start to turning around satisfaction.”

Top-performing vehicles in each segment are as follows:

  • Midsize/Large: Nissan Murano
  • Midsize/Large Premium: Chevrolet Corvette
  • Small/Compact: Ford Bronco Sport
  • Small/Compact Premium: Lexus IS

See the rank charts for each segment at http://www.jdpower.com/pr-id/2022115.

The 2022 U.S. Multimedia Quality and Satisfaction Study is based on responses from 84,165 purchasers and lessees of new 2022 model-year vehicles who were surveyed after 90 days of ownership. The study was fielded from February through May 2022.

For more information about the U.S. Multimedia Quality and Satisfaction Study, visit: https://www.jdpower.com/business/automotive/us-multimedia-quality-and-satisfaction-study.

About J.D. Power

J.D. Power is a global leader in consumer insights, advisory services and data and analytics. A pioneer in the use of big data, artificial intelligence (AI) and algorithmic modeling capabilities to understand consumer behavior, J.D. Power has been delivering incisive industry intelligence on customer interactions with brands and products for more than 50 years. The world's leading businesses across major industries rely on J.D. Power to guide their customer-facing strategies.

J.D. Power has offices in North America, Europe and Asia Pacific. To learn more about the company’s business offerings, visit JD.Power.com/business. The J.D. Power auto shopping tool can be found at JDPower.com.

About J.D. Power and Advertising/Promotional Rules: http://www.jdpower.com/business/about-us/press-release-info

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.