Monday, May 21, 2012

Investment News and Commentary from Emerging Markets in Asia - China, India and ASEAN





About 2point6billion.com

2point6billion.com discusses investment news and events from the emerging markets of Asia - including India, China and the ASEAN countries. It is produced by the Asian foreign direct business advisors at Dezan Shira & Associates from their offices across emerging Asia.




Consumer Reports: Asian Auto Manufacturers World’s Most Reliable

Oct. 29 – An annual survey by Consumer Reports has stated that Asian automakers are still building the most reliable cars and trucks, with eight of the top 10 brands from Japanese and Korean companies.

Toyota’s youth-oriented Scion brand finished first for the second year in a row, several Ford models, including the midsize Ford Fusion and its cousin, the Mercury Milan, consistently have been at or near the top of their classes, a trend that led Consumer Reports editors to declare that Ford is now making some vehicles with world-class reliability. After Scion, Honda, Toyota, Infiniti and Acura rounded out the top five brands in reliability based on surveys taken in March of subscribers who own or lease 1.4 million vehicles.

“Ford is definitely doing something right,” said Rik Paul, the magazine’s automotive editor. Ford’s Detroit-area competitors, General Motors and Chrysler Group, didn’t fare as well, however.

Chrysler had only one model that Consumer Reports recommended based on reliability and its staff test, and the Chrysler brand finished last out of 33 brands sold in the US. One third of Chrysler’s models were much worse than average in reliability.

Six models from GM were recommended by the magazine, but the company remains inconsistent. Only 21 of 48 models the magazine studied scored average or better in reliability. The relatively poor performance by GM and Chrysler could hurt efforts to fight back from financial problems that led to stays in bankruptcy court earlier this year. Auto industry officials say the nonprofit Consumer Reports is among the most widely consulted sources when people buy vehicles. Officials at GM and Chrysler say they are committed to improving quality.

This entry was posted in Foreign Trade. Bookmark the permalink.

One Response to Consumer Reports: Asian Auto Manufacturers World’s Most Reliable

  1. Hey, first I want to say awesome blog. I don’t always agree with your blogposts but it’s always a great read.
    Keep up the nice posting.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>



Dezan Shira & Associates provide a range of services for companies looking to undertake foreign direct investment into Asia, These include corporate establishment, accounting, tax, payroll, audit and due diligence. To learn more about the firm, please contact one of our specialists at china@dezshira.com, download our corporate brochure or visit at us www.dezshira.com


Dezan Shira & Associates, Twenty years of Excellence

The Asia Briefing Bookstore

Our best selling legal, financial, tax and regional guides to Asia business, industry reports and more…
Click here to view all titles now

China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store

NOW AVAILABLE IN PDF