Porsche, Dodge and Hyundai were big winners in the J.D. Power 2020 Automotive Performance, Execution and Layout (APEAL) Study, released recently.

Porsche ranks highest in the luxury segment and overall with a score of 881. Lincoln (876) ranks second, followed by Cadillac (874), BMW (869) and Land Rover (866).

Dodge ranks highest in the mass market segment with a score of 872. Ram (871) ranks second, followed by GMC (857), Ford (853) and MINI (846).

“The APEAL Study measures an owner’s emotional attachment to their new vehicle and in what areas that vehicle may not be delivering on all of the positive experiences that were hoped for,” said Dave Sargent, vice president of automotive quality at J.D. Power. “Understanding this is just as valuable to automakers as knowing about quality issues and owner acceptance of new technologies. The goal for automakers is to delight customers on all these dimensions. Some are better than others at doing this.”

Now in its 25th year, the study has been redesigned for 2020. It complements the J.D. Power Initial Quality Study (IQS) and the J.D. Power Tech Experience Index (TXI) Study by measuring owners’ emotional attachment and level of excitement with their new vehicle across 37 attributes, ranging from the sense of comfort and luxury they feel when climbing into the driver’s seat to the feeling they get when they step on the accelerator. These attributes are aggregated to compute an overall APEAL index score measured on a 1,000-point scale.

The parent company receiving the most model-level awards (given to models ranking highest in their respective segment) is Hyundai Motor Group (five awards), followed by BMW AG and Nissan Motor Co., Ltd., with four each.

Toyota Financial Services issued its fifth Diversity & Inclusion (D&I) Bond in the amount of $750 million. Enabling diverse underwriting firms the ability to work on high profile deals, this two-year fixed rate D&I Bond not only serves as an integral component of Toyota’s comprehensive funding program, but also enhances Toyota’s platform for diversity by placing a spotlight on high-quality Minority- and Women-Owned Business Enterprise (MWBE) certified firms.

TFS’ fifth D&I Bond syndication builds upon its longstanding relationships with MWBE brokers by elevating their stature in the transaction, providing them an opportunity to take the lead underwriting role on a bond. It also strengthens the relationship these firms have with their own investors by expanding their access to a primary bond offering.

The lead book-building managers in this transaction consisted entirely of African American-, Hispanic-, and women-owned broker dealers, each sharing Toyota’s commitment to giving back to the community. They included Blaylock Van, LLC; CastleOak Securities, L.P.; Great Pacific Securities; Ramirez & Co. Inc.; and Siebert Williams Shank. Furthermore, these firms have worked closely with TFS as advocates for diversity and inclusion within the industry through participation in industry events, panel presentations, and previously issued D&I Bonds.

The 2020 Dodge Challenger SRT Hellcat Redeye with its 797 horsepower is the winner of the New England Motor Press Association's (NEMPA) Pure Power Award, at its annual Ragtop Awards.

"The Dodge Challenger SRT Hellcat Redeye easily earned the NEMPA Pure Power Award, with nearly 800 horsepower on tap, quarter-mile times just over 10 seconds and a top speed over 200 miles per hour, this is one unique ride," said John Paul, NEMPA President. "In a world of powerful four-cylinder engines, there is still no substitute for cubic inches and torque. To steal the title from Ray Bradbury, 'Something Wicked This Way Comes' describes the 6.2 liters of supercharged performance of the Challenger SRT Hellcat Redeye and why it deserved the title of NEMPA Pure Power."

Designed and engineered with more power to appeal to an even broader muscle car enthusiast audience, the heart of the Challenger SRT Hellcat Redeye comes from its limited-production big brother – the SRT Demon. The supercharged 6.2-liter HEMI high-output V-8 engine is rated at 797 horsepower and 707 lb.-ft. of torque and is mated to a TorqueFlite 8HP90 eight-speed automatic transmission.

The 2020 Dodge Challenger SRT Hellcat Redeye delivers:

  • 0-60 miles per hour (mph) acceleration of 3.4 seconds
  • Quarter-mile elapsed time of 10.8 seconds at 131 mph
  • 203 mph top speed

NEMPA members evaluated a wide variety of vehicles from various manufacturers that covered several categories. Journalists cycled through each vehicle throughout New England leading up to the official day of testing and scoring that took place in February at NEMPA headquarters in Middleborough, Mass.

Friendemic, providers of the only online reputation solution built specifically for the needs of the automotive industry, added industry veteran Denise Chudy as its chief growth officer. Chudy has also been appointed a member of the Friendemic Board of Directors.

“As the company’s Chief Growth Officer, Chudy will be responsible for leading the sales and marketing divisions of Friendemic, as well as growing the base of the company’s solutions with her network of manufacturers, dealer groups and industry partners.”

Chudy has close to two decades of automotive technology experience. With executive level roles at LivePerson and LotLinx. She also adds leadership roles at Google and Cars.com to her history.

Trending News

FTC: Add-on Items Confuse Buyers

FTC: Add-on Items Confuse Buyers

Aug 04, 2020 Rate: 5.00

New-Car Prices Dip

New-Car Prices Dip

Aug 04, 2020 Rate: 0.00

Cars.com Reports Earnings

Cars.com Reports Earnings

Aug 04, 2020 Rate: 0.00