JD Power

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk has dreamed for years of having vehicles that don't require a driver and can take a passenger from one place to another. On Thursday, Musk's vision could be realized with the likely unveiling of the Tesla Robotaxi. However, a new survey finds that when it comes...

Automotive consultant Cox Automotive sees new vehicle sales dip by about 2% in the U.S. in the third quarter while JD Power expects it to remain flat as compared to the third quarter of 2023. What Happened: Cox said last week that it expects 3,897,112 vehicles to be sold, 2% lower than the third...

A new JD Power study shows new discounts and financing options could help drive increased adoption rates of electric vehicles. What Happened: The average price of new EVs continues to decline thanks to new more affordable models and discounting across the sector. New discounts on EVs are helping to...

EV giant Tesla Inc (NASDAQ:TSLA) has lost its edge in terms of vehicle quality over EVs made by rival OEMs, as per automotive industry consultant JD Power. What Happened: As per J.D. Power’s 2024 U.S. Initial Quality Study, gas and diesel-powered vehicles have an average of 180 problems per...

A J.D. Power report released on Monday revealed a widening satisfaction gap between electric vehicle (EV) and gas-powered vehicle owners regarding tires. This gap stems from EV owners experiencing faster tire wear despite having similar expectations for tire life. The report highlights...

The future launch of robotaxis from Tesla Inc (NASDAQ: TSLA) is one of the reasons some investors such as Cathie Wood see the valuation of the electric vehicle maker growing. A new survey covering the robotaxi sector might not help the thesis of future adoption of robotaxis. What Happened:...

U.S. customers are spending more time and money streaming their favorite shows than they did six months ago, shows the latest J.D. Power survey. What Happened? The survey found monthly customer spending on streaming platforms, such as Netflix Inc (NASDAQ: NFLX), Amazon.com Inc’s (...

J.D. Power, the automotive industry's longtime monitor of quality, included Tesla Inc (NASDAQ: TSLA) for the first time in its annual U.S. Vehicle Dependability Study. What Happened: Tesla didn't have a good showing in its debut. J.D. Power uses consumer survey data to report the number of...

Tesla Inc (NASDAQ: TSLA) secured the most marks in the premium segment in the first-ever U.S. Electric Vehicle Experience Ownership Study carried out by J.D. Power. What Happened: The Palo Alto, California-based automaker’s Model S vehicle got the highest customer rating from owners with...

Some semblance of sanity returned to the auto market in August after an extended lean run that spanned seven months. That said, the performance remained lukewarm, as companies continued to work their way through inventories. August 2017 had one additional selling day compared to the same month in...

U.S. vehicle sales continued to be lackluster in July, with the weakness more pronounced among the U.S. automakers. Coupled with sales worries, the industry is also plagued by higher inventory levels and unusually higher incentives for this time of the year. The companies continued to chip away...

Shares of automakers and auto parts retailers took a hit on Monday amid the release of lackluster March sales data, as car sales took a hit amid consumer preference for SUVs and trucks in a low gas prices environment. The "double-I" concerns, namely incentives and inventories, did not bode well for...

Remaining true to its reputation, Quicken Loans has once more ranked the highest in the country for client satisfaction among home loan servicers in J.D. Power's latest study. Quicken Loans, the nation's second largest retail mortgage lender and Detroit-based company has held on to the top spot in...

Further details of a story which hasn't seen media interest since the initial Reuters' report in October 2015 popped up again on Monday morning: McGraw Hill Financial Inc (NYSE: MHFI) may have sold its esteemed J.D. Power unit. A source familiar with the matter told Benzinga J.D. Power...