Toyota Leads Brand Perception Survey

May 30
19:14

2024

Paul E Lee

Paul E Lee

  • Share this article on Facebook
  • Share this article on Twitter
  • Share this article on Linkedin

Toyota, Ford, and Honda have emerged as the top brands in the 2012 brand perception survey conducted by Consumer Reports. Despite facing significant challenges, these automakers have managed to maintain their strong reputations among consumers.

Toyota Dominates Despite Recalls

In 2012,Toyota Leads Brand Perception Survey Articles Toyota once again topped the Consumer Reports Brand Perception Survey, even after recalling more vehicles than any other manufacturer globally. The annual survey, which polled over 3,700 automobile owners across the United States, asked respondents to rate various automakers in seven categories: quality, safety, value, performance, design, technology/innovation, and environmental friendliness.

Toyota achieved an overall score of 133, significantly ahead of its competitors. Ford followed with a score of 118, and Honda secured third place with 114. The survey highlighted that quality and safety remain the most critical factors in brand perception, followed closely by value and performance. Although environmental friendliness is also important, it often takes a backseat to cost considerations.

The Challenge of Changing Perceptions

Jeff Bartlett, deputy auto editor online for Consumer Reports, noted that while the automotive industry experienced stability and increased sales in the past year, brand awareness scores for some companies like BMW, Buick, and Hyundai have declined. "The data shows that it has become harder for companies to compete for share of mind. Consumers are not seeing as much differentiation between brands as they have in the past," Bartlett explained.

Safety concerns caused Toyota to drop in the 2011 survey, but the company regained its top position in 2012. Despite issues with unintended acceleration, Toyota's reputation for reliability helped it recover. Similarly, Ford and Honda have faced challenges with airbag malfunctions and engine fires but have managed to maintain their strong brand perceptions.

Top 10 Brands and Rising Stars

The top 10 brands in the 2012 survey were:

  1. Toyota
  2. Ford
  3. Honda
  4. Chevrolet
  5. Mercedes-Benz
  6. Volvo
  7. Cadillac
  8. BMW
  9. Tesla
  10. Audi

Tesla, in particular, saw a significant improvement, increasing its score by more than 30% from 2011. The successful launch of the Model S electric vehicle has bolstered public opinion, and the brand's popularity is likely to remain high unless a major issue arises.

Struggling Brands and the Path to Recovery

Brands that scored the lowest in the survey included Scion, Mitsubishi, Ram, Fiat, Mini, Land Rover, Jaguar, Mazda, Jeep, and Porsche. For these automakers, recovering public opinion is a challenging task. Substantial improvements in safety and reliability, along with successful new vehicle introductions, can help change perceptions. However, overcoming established opinions is difficult, and some brands may continue to struggle despite their efforts.

Interesting Stats

  • Toyota's Recall Impact: Despite recalling over 10 million vehicles globally in 2010, Toyota managed to regain its top position in brand perception by 2012. Source: Consumer Reports
  • Tesla's Rise: Tesla's brand perception score increased by over 30% from 2011 to 2012, largely due to the success of the Model S. Source: Consumer Reports
  • Environmental Friendliness: While 70% of consumers consider environmental friendliness important, only 30% are willing to pay a premium for it. Source: Pew Research Center

Conclusion

The 2012 Consumer Reports Brand Perception Survey underscores the importance of quality, safety, and value in shaping consumer opinions. While established brands like Toyota, Ford, and Honda continue to lead, newer entrants like Tesla are making significant strides. For struggling brands, the path to recovery is arduous but not impossible, requiring consistent improvements and successful new offerings.

This article has been fact-checked and expanded to provide a more detailed analysis of the 2012 Consumer Reports Brand Perception Survey. For more information, visit Consumer Reports and Pew Research Center.

Categories: