National Press Release

As Automaker and Shopper Budgets Tighten, Overall Site Usefulness Declines

WESTLAKE VILLAGE, Calif., Jan. 22 /PRNewswire/ -- Honda ranks highest among automotive manufacturer Web sites for usefulness in new-vehicle shopping, according to the J.D. Power and Associates 2009 Manufacturer Web Site Evaluation Study(SM) (MWES)--Wave 1 released today.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050527/LAF028LOGO-a)

The semi-annual study measures the usefulness of automotive manufacturer Web sites during the new-vehicle shopping process. New-vehicle shoppers evaluate Web sites in four key areas: appearance, speed, navigation and information/content.

Honda ranks highest with an index score of 882 on a 1,000-point scale--marking a 14-point increase from the last wave of the study, which was released in June 2008. Following Honda in the rankings and rounding out the top five automotive Web sites are Porsche (867), Mitsubishi (866), Kia (865) and Acura (862).

"Honda resolved some minor navigation issues on their Web site, which helped them improve upon their fourth-place ranking in the previous wave," said Scott Kane, senior manager of marketing/media research at J.D. Power and Associates. "Currently, the Honda Web site performs well in all measures and demonstrates particular strength in speed, navigation and demonstrating options, features and specifications."

The study finds that overall site usefulness for the industry as a whole has declined by nine points since June 2008, with 16 manufacturer Web sites demonstrating double-digit decreases. This marks the largest wave-over-wave decrease since the study's inception ten years ago. Overall, the largest declines occur within the "determine monthly payment" and "compare vehicles" attributes of the information/content measure.

"Because of changes in the economic environment, many of today's new-vehicle shoppers are in a much different --and more challenging--financial position than were shoppers in years past, and many auto manufacturers have not prepared their Web sites accordingly," said Kane. "For new-vehicle shoppers, having the ability to go online to easily compare vehicles from various manufacturers, figure out monthly payments and find the best deal possible has always been important. However, in these tough financial times, these kinds of considerations have an even greater impact on the shopping process."

In addition, as marketing budgets for automakers tighten, manufacturer Web sites are becoming less capable of meeting the increasing expectations of shoppers. For example, as some manufacturers have refreshed or redesigned their models, they have limited the variety of vehicle images on their Web sites, or have simplified their photo and video offerings.

"Likely due to budget cuts, some sites that once had beautiful images in city and off-road settings from multiple angles showing off their vehicles' capabilities--things that resonated with consumers--have scaled back on the images offered," said Kane. "A hurdle that manufacturers are facing involves obtaining the high-quality content they need for their Web sites--such as images, video and animations--in a cost-effective way. Finding synergies within their organizations as they create content for various marketing needs--both online and offline--will be critical in continuing to meet new-vehicle shoppers' needs."

The study also finds that the more useful a manufacturer Web site is, the more traffic it is likely to drive to dealerships.

"While it may be tempting for manufacturers to scale back development and maintenance of their Web sites, improved Web site design can translate into a higher volume of sales and a positive return on investment," said Kane. "Now, more than ever, it is essential for manufacturers to be strategic about their marketing efforts to capture their share of the diminishing number of new-vehicle shoppers."

The 2009 Manufacturer Web Site Evaluation Study--Wave 1 is based on evaluations gathered in November 2008 from more than 11,400 new-vehicle shoppers who indicated they would be in the market for a new vehicle within the next 24 months.

    Manufacturer Web Site Ranking
    (Based on a 1,000-point scale)

    Honda                  882
    Porsche                867
    Mitsubishi             866
    Kia                    865
    Acura                  862
    Lincoln                861
    BMW                    859
    Lexus                  859
    MINI                   859
    Mazda                  856
    Infiniti               853
    Mercury                852
    Jeep                   851
    Ford                   850
    Suzuki                 848
    Cadillac               846
    Saturn                 845
    Subaru                 845
    Toyota                 845
    Chrysler               841
    Dodge                  840
    Industry Average       840
    HUMMER                 837
    Mercedes-Benz          837
    Nissan                 836
    Land Rover             835
    Saab                   834
    Hyundai                833
    Volvo                  833
    Volkswagen             829
    Buick                  827
    Chevrolet              827
    GMC                    821
    Jaguar                 813
    Pontiac                801
    Audi                   793
    smart                  789
    Scion                  773

About J.D. Power and Associates

Headquartered in Westlake Village, Calif., J.D. Power and Associates is a global marketing information services company operating in key business sectors including market research, forecasting, performance improvement, training and customer satisfaction. The company's quality and satisfaction measurements are based on responses from millions of consumers annually. For more information on car reviews and ratings, car insurance, health insurance, cell phone ratings, and more, please visit JDPower.com. J.D. Power and Associates is a business unit of The McGraw-Hill Companies.

About The McGraw-Hill Companies

Founded in 1888, The McGraw-Hill Companies (NYSE: MHP) is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, McGraw-Hill Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2007 were $6.8 billion. Additional information is available at http://www.mcgraw-hill.com.

    J.D. Power and Associates Media Relations Contacts:
    John Tews; Troy, Mich.; (248) 312-4119; john.tews@jdpa.com

    Syvetril Perryman; Westlake Village, Calif.; (805) 418-8103;
    syvetril.perryman@jdpa.com

No advertising or other promotional use can be made of the information in this release without the express prior written consent of J.D. Power and Associates. www.jdpower.com/corporate

SOURCE J.D. Power and Associates