Monday, November 25, 2024

Hyundai and Kia Dominate: High Marks in J.D. Power 2024 Car Quality Study!

Kia

South Korean auto giant Hyundai Motor Group announced on Friday that it has secured a leading place in the 2024 New Car Quality Survey (IQS) released by market research company J.D. Power.

Now in its 38th year, the survey quantifies the number of complaints per 100 vehicles sold in America, based on quality dissatisfaction cases experienced by customers three months after purchasing a vehicle. The lower the score, the higher the quality satisfaction. This year’s survey was conducted on a total of 31 brands, including 17 general brands and 14 premium brands, from April 2023 through February 2024, using a questionnaire of 227 items for 100,000 customers.

Among 15 global automaker groups, Hyundai Motor Group ranked first, with 164 points, followed by Nissan and General Motors with 168 points and 172 points, respectively.

Per individual brand, Hyundai Motor and Kia ranked third and fourth, with 162 points and 163 points, respectively after Ram and Chevrolet. In the premium brand category, Hyundai’s independent brand Genesis ranked third with a score of 184 points.

Among segment-specific evaluations, Kia’s K3, known as Forte in the U.S., secured first place in the compact sedan category for six consecutive years since 2019 and Kia’s Carnival ranked first in the minivan category for two consecutive years. The Genesis G80 won first place in the midsize premium sedan category for four consecutive years. Hyundai’s Santa Cruz also ranked first in the mid-size pickup truck category.

All four models also claimed the Best Quality Award.

“Based on the positive response from U.S. consumers, we will continue to strive to provide high-quality vehicles through ongoing quality improvements and innovations,” said a Hyundai Motor Group official.

Hot this week

Is Your Next Samsung Device Getting Smarter? OpenAI’s AI Plans Revealed

OpenAI is in talks with Samsung to integrate AI into products and is considering a web browser with chatbot features.

Matt Gaetz Steps Down: Trump’s Attorney General Pick in Turmoil

Matt Gaetz resigns as Trump's AG nominee amid controversies, raising questions about future appointments and Senate confirmation challenges.

Elon Musk and Jeff Bezos: The Billionaire Showdown Heats Up

Musk and Bezos engage in a public dispute on social media, highlighting their rivalry in wealth and the space industry.

Nvidia Bounces Back as Wall Street Shifts Focus to Small-Caps and Value Stocks

The New York stock market rebounded, with tech stocks rising despite some declines, while Bitcoin reached a historic high of $99,000.

Wall Street’s Fall from Grace: Hedge Fund Star Sentenced to 18 Years

Bill Hwang, founder of Archegos Capital, received an 18-year prison sentence for market manipulation causing billions in losses.

Topics

Is Your Next Samsung Device Getting Smarter? OpenAI’s AI Plans Revealed

OpenAI is in talks with Samsung to integrate AI into products and is considering a web browser with chatbot features.

Matt Gaetz Steps Down: Trump’s Attorney General Pick in Turmoil

Matt Gaetz resigns as Trump's AG nominee amid controversies, raising questions about future appointments and Senate confirmation challenges.

Elon Musk and Jeff Bezos: The Billionaire Showdown Heats Up

Musk and Bezos engage in a public dispute on social media, highlighting their rivalry in wealth and the space industry.

Nvidia Bounces Back as Wall Street Shifts Focus to Small-Caps and Value Stocks

The New York stock market rebounded, with tech stocks rising despite some declines, while Bitcoin reached a historic high of $99,000.

Wall Street’s Fall from Grace: Hedge Fund Star Sentenced to 18 Years

Bill Hwang, founder of Archegos Capital, received an 18-year prison sentence for market manipulation causing billions in losses.

Billionaire Gautam Adani Charged with Massive Bribery Scheme

Gautam Adani, Asia's second-richest person, faces U.S. indictment for bribing Indian officials over $250 million to secure contracts.

Wall Street’s Wild Prediction: S&P 500 Could Soar to 6600

Wall Street anticipates a market surge as Trump's presidency promises tax cuts and deregulation, with S&P 500 forecasts rising significantly.

Bitcoin Breaks Records: Surges Past $94,000 Amid Trump’s Victory

Bitcoin surpassed $94,000 amid expectations of crypto-friendly policies under Trump, sparking optimism for a bullish market.

Related Articles