Posts Tagged ‘cadillac’

Cadillac and Lexus Top Customer Satisfaction Survey

Tuesday, August 18th, 2009

2010 Cadillac SRX image

In a recent University of Michigan study of customer satisfaction, Cadillac topped the list with Lexus as brands that consumers are most satisfied with this year.

Last year, Cadillac earned the number two spot in the list, but this year the American luxury brand has matched Lexus with a score of 89 in the American Customer Satisfaction Index, which has impresses Cadillac CTS Pittsburgh dealer customers. Customer satisfaction for the all the Big Three brands rose slightly overall.

Interestingly, the rise in satisfaction from Big Three customers may have nothing to do with changes to products or customer service. As sales declined, Pittsburgh Cash for Clunkers suggests more customers did not return to the Detroit brands. Therefore, the remaining customers were a smaller group overall, but more satisfied.

Customer satisfaction is an important factor that serves as a good indicator of what buyers are likely to make a repeat purchase. A Boston Collision Center points out that others near the top of the customer satisfaction list included Lincoln-Mercury, Chrysler, Buick, and Honda. Volkswagen make the largest just on the lists, increasing its score by 6.0 percent from last year to achieve a score of 86, marking the first time the German automaker has scored above the industry average of 84. (more…)

General Motors Hints at Return to Luxury Car Leasing

Monday, August 3rd, 2009

Cadillac CTS image

General Motors and Chrysler have both suffered from vehicle leasing. As car values plummet, leasing has become less profitable for automakers. This has promoted both automakers to cut back on leasing altogether. However, GM has hinted that it will begin leasing again, but not beyond luxury vehicles.

The move to allow only luxury vehicle leasing is all about profitability. With higher profits available on leasing higher value luxury brands, one Dayton Car Loans says it’s only natural than GM is weary of leasing vehicles such as the Chevy Aveo or other non-luxury models any time in the near future.

In general, the luxury car market is dominated by leasing. From BMW to Lexus, Pennsylvania Cadillac dealers observe that leasing is what moves vehicles out of showrooms. Additionally, Ohio Chevrolet dealer suggests that with credit becoming easier to attain, it makes more sense for GM to ease its aversion to auto leasing.

While no official plans have yet been announced, it’s expected that GM will jump back into the leasing game soon. Meanwhile, LeaseTrader.com claims that demand for GM’s luxury vehicles from Cadillac and Buick is on the rise, giving GM the perfect opportunity to satisfy the needs of eager consumers. (more…)