New ABI reports each Automotive Brand's Strength over time and relative to competition
Wayne Gerdes - CleanMPG
- May 6, 2010
Ford’s brand quality is rising.
KBB announces the latest results from the company's all-new 'Automotive Brand Indicator' (ABI), showing Toyota dropping from the top spot among all brands to No. 2, boosting Ford to No. 1 for Q1 2010.
Kelley Blue Book Market Intelligence: Automotive Brand Indicator (ABI) Top Five Brand Rankings
|Q4 2009||Q1 2010|
| 1. Toyota||1. Ford|
| 2. Ford||2. Toyota|
| 3. Chevrolet||3. Chevrolet|
| 4. Honda|| 4. Honda|
| 5. Nissan||5. Nissan|
The ABI is derived from four primary components that help determine brand performance based on consumer attitudes and behaviors. The KBB ABI combines brand consideration data and perception ratings on factors of importance from Kelley Blue Book Market Intelligence's Brand Watch™ study with new-car shopper activity and leads data garnered from the 15 million monthly visits to KBB.com, and puts this information through a rigorous analytics modeling process to determine each brand's strength.
"Toyota had a very tough first quarter this year due to the recall crisis, and the latest Automotive Brand Indicator (ABI) results from Kelley Blue Book Market Intelligence reflect Toyota's struggles in all areas in which the ABI tracks," said James Bell, executive market analyst for Kelley Blue Book and kbb.com. "Meanwhile, Ford is the darling of the industry right now with exciting new product and marketing initiatives, and undoubtedly they were able to overtake the top spot in Q1 2010 due to problems Toyota experienced at the time. However, Toyota is slowly crawling back into consumer's good graces, especially with its continued enticing incentive offers. Even if Toyota reclaims its top position in Q2 2010, the fight to see who is king of the hill has certainly gotten more crowded."
KBB’s ABI is a standardized measure providing a comprehensive summary of how consumers view OEMs, and is used to indicate how an automotive brand is performing and perceived relative to the market and key competitors. The ABI index and ranking data can be used as a diagnostic tool, identifying key drivers to help automakers spotlight areas in which they can improve or leverage to increase their brand strength. In addition, ABI results can help automakers determine where they should focus their marketing efforts so they can better position their brands within today's competitive automotive landscape.