More Than Half New Vehicle Owners Don’t Know Their Original Tire Brand
SHANGHAI: 15 August 2016 — A large proportion of owners know very little about the tires that come equipped on their new vehicle, which significantly impacts satisfaction and loyalty, according to the J.D. Power 2016 China New-Vehicle Tire Satisfaction Index (NV-TSI) Study,SM released today.
Tires that come equipped on their new vehicle:
More than half of new-vehicle owners (57% for first-time owners and 50% for repeat buyers) don’t know the brand of their original tires.
Only 1% of owners say they know their tire features “very well”.
9% say they know them “somewhat.”
Satisfaction averages 719 among owners who say they know their tires “very well,” compared with 652 among those who say they do “not at all” know their tires.
Among owners who know their tires very well:
44% of them say they “definitely would” recommend the same brand to others and
31% say they “definitely would” repurchase the same brand as replacement tires;
Among owners don’t know their tires at all:
only 15% “definitely would” recommend and;
20% “definitely would” repurchase the same brand.
Other key findings of the study include:
- Tire Satisfaction Varies by Vehicle Segment: Overall satisfaction is highest in the luxury car segment (730), followed by the SUV (682), mass market car (666) and MPV/ mini van (612) segments.
- Experience Builds Awareness: Older owners (>35 year of age) have more knowledge of their tires than younger owners (<25 years). The study finds that about 45% of older owners can accurately name the brand of tires on their vehicles. In contrast, only 27% of younger can do the same.
- Problems Affect Satisfaction and Loyalty: Satisfaction averages 674 among owners who do not experience any problems with their tires during the ownership period. Among the 78% of owners who have had a problem-free experience, 22% indicate they intend to repurchase the same brand and 16% indicate they will recommend the brand to others. In contrast, satisfaction drops to 577 among owners who experience three or more problems with their tires, while repurchase intent dips to 5% and recommendation intent to 13%.
NV-TSI Study Rankings
Goodyear ranks highest in the luxury car segment for a third consecutive year, with a score of 759. Michelin ranks second (736).
Nexen ranks highest in the mass market car segment for a second consecutive year, with a score of 742.
Goodyear ranks highest in the SUV segment for a third consecutive year, with a score of 738. Michelin ranks second (727) and Pirelli third (698).
Maxxis ranks highest in the MPV/ mini van segment for a third consecutive year, with a score of 658. Giti ranks second (640).
The 2016 China New-Vehicle Tire Satisfaction Index Study is based on responses from 16,010 vehicle owners who purchased their vehicle between October 2012 and May 2015 and examines 37 tire brands. The study was fielded from October 2015 through May 2016 in 57 major cities in China.