Using Connectivity to Find Happiness Wards Interior Conference May 22, 2013 Mike VanNieuwkuyk Executive Director, Global Automotive J.D. Power & Associates © 2013 J.D. Power & Associates, The McGraw-Hill Companies, Inc. All Rights Reserved. J.D. POWER & ASSOCIATES PROPRIETARY AND CONFIDENTIAL—FOR INTERNAL USE ONLY Importance of New Vehicle Technology 2 © 2013 J.D. Power & Associates, The McGraw-Hill Companies, Inc. All Rights Reserved. J.D. POWER & ASSOCIATES PROPRIETARY AND CONFIDENTIAL—FOR INTERNAL USE ONLY Advanced Technology Playing Larger Role in Vehicle Selection Most Important Factor in Choosing Your Make/Model Automotive Emerging Technology Purchase Factor Reliability/Durability Interior comfort Exterior styling Quality of workmanship Gas mileage Dealer was convenient/Liked dealer in my area Performance Like the image this vehicle portrays Adva nce d te chnology of the ve hicle Safety Low price or payment/Ability to obtain financing Low maintenance costs AW D/4W D capability Passenger capacity Cargo capacity High resale value The "deal" Better warranty Environmental impact Other 2008 62% 51% 48% 49% 38% 42% 39% 36% 32% 35% 25% 27% 25% 27% 21% 24% 18% 15% 10% 4% 2009 65% 49% 46% 51% 46% 44% 39% 34% 31% 35% 29% 29% 22% 25% 20% 23% 22% 13% 12% 4% 2010 63% 50% 47% 50% 40% 42% 38% 35% 32% 34% 26% 28% 26% 26% 21% 23% 19% 12% 10% 4% 2011 60% 52% 48% 48% 40% 44% 37% 35% 34% 33% 29% 27% 30% 27% 22% 21% 21% 16% 8% 4% 2012 59% 52% 49% 47% 47% 43% 38% 36% 36% 33% 29% 28% 27% 26% 22% 21% 20% 17% 10% 4% Purchase factors with a 3 percentage point or more increase from 2008 to 2012 Source: J.D. Power & Associates Initial Quality Study (IQS) (2008-2012) 3 © 2013 J.D. Power & Associates, The McGraw-Hill Companies, Inc. All Rights Reserved. J.D. POWER & ASSOCIATES PROPRIETARY AND CONFIDENTIAL—FOR INTERNAL USE ONLY Market Trends 4 © 2013 J.D. Power & Associates, The McGraw-Hill Companies, Inc. All Rights Reserved. J.D. POWER & ASSOCIATES PROPRIETARY AND CONFIDENTIAL—FOR INTERNAL USE ONLY U.S. Light Vehicle Sales: Steady and Healthy Total Sales 16.7 16.9 17.0 16.5 In Millions 16.1 14.4 13.2 Retail Sales 14.0 13.8 In Millions 11.6 13.2 13.0 11.7 10.6 8.6 2003 2004 2005 2006 2007 2008 2009 9.2 2010 15.8 12.5 12.8 2013 2014 16.3 12.7 10.4 12.8 15.4 13.4 10.3 2011 2012 2015 Sources: J.D. Power & Associates and LMC Automotive, February 2013 5 © 2013 J.D. Power & Associates, The McGraw-Hill Companies, Inc. All Rights Reserved. J.D. POWER & ASSOCIATES PROPRIETARY AND CONFIDENTIAL—FOR INTERNAL USE ONLY U.S. Model Activity: More Choices, Improved Choices 40 Models New Entry Drops 32 Increase in New and Refreshed Products 30 28 20 23 22 21 20 19 18 20 17 13 12 9 10 6 0 2009 2010 2011 2012 2013 2014 2015 New minus Drops (3) (20) (1) (11) 9 14 14 Redesign Facelift 19 41 24 33 21 26 22 43 36 43 46 40 47 38 Sources: J.D. Power & Associates and LMC Automotive, February 2013 6 © 2013 J.D. Power & Associates, The McGraw-Hill Companies, Inc. All Rights Reserved. J.D. POWER & ASSOCIATES PROPRIETARY AND CONFIDENTIAL—FOR INTERNAL USE ONLY Quality Equality Quality gap between best and worst brands Problems Per 100 Vehicles (PP100) Quality as a Differentiator Quality as a Given 334 220 1987 1997 80 78 2008 2012 Source: J.D. Power & Associates 1987 through 2012 U.S. Initial Quality Study (IQS) 7 © 2013 J.D. Power & Associates, The McGraw-Hill Companies, Inc. All Rights Reserved. J.D. POWER & ASSOCIATES PROPRIETARY AND CONFIDENTIAL—FOR INTERNAL USE ONLY Redefinition of Quality Traditional Quality Consumer Quality Warranty Cases Warranty Cases Malfunctions Malfunctions not brought to warranty not brought to warranty Soft “Inadequacies” Soft “Inadequacies” needs addressed but not as preferred Design Quality Missed Opportunities Consumer Behavior vehicle misalignment with market expectations 8 © 2013 J.D. Power & Associates, The McGraw-Hill Companies, Inc. All Rights Reserved. J.D. POWER & ASSOCIATES PROPRIETARY AND CONFIDENTIAL—FOR INTERNAL USE ONLY needs addressed but not as preferred Missed Opportunities vehicle misalignment with market expectations Quality Improvement: 2007 vs. 2012 Problem Per 100 Vehicles (PP100) 2007 2012 Delta • Total Problems 124.8 101.7 19% • Interior 16.7 11.4 32% • Features/Controls/Displays 20.9 14.4 31% • The Driving Experience 15.2 10.7 29% • Exterior 21.9 15.7 28% • Tires (from OE Tire study) 77.8 60.1 23% • HVAC 11.7 9.6 18% • Engine/Transmission 17.6 15.3 13% • Seat 9.1 8.0 12% • Multimedia 11.5 16.4 (43%) 170.1 379.1 (123%) • Navigation (Navigation Study) Increased Complexity (Soft “Inadequacies”) …Usability has taken on greater importance Source: J.D. Power & Associates 2007 through 2012 U.S. Initial Quality Study (IQS) unless noted otherwise 9 © 2013 J.D. Power & Associates, The McGraw-Hill Companies, Inc. All Rights Reserved. J.D. POWER & ASSOCIATES PROPRIETARY AND CONFIDENTIAL—FOR INTERNAL USE ONLY Time in Vehicle Average Daily Time In Vehicle Weekday Weekend 16:23 per Week 2 hours 27 minutes* 2 hours 4 minutes* Expanding needs - Increased flexibility (personalization, customization) - Increased functionality (value, usability) *Source: 2011 Arbitron Inc./Edison Research/Scarborough Research 10 © 2013 J.D. Power & Associates, The McGraw-Hill Companies, Inc. All Rights Reserved. J.D. POWER & ASSOCIATES PROPRIETARY AND CONFIDENTIAL—FOR INTERNAL USE ONLY Future Generation of Drivers 11 - Individualistic and self-directed - Adept at social networking but are not personally social - Function well in a virtual environment - Have a global perspective - Environmentally aware - Well educated Ability to do what they want, when they want, where they want… - Technically savvy SAFELY - Lifelong use of communication and media devices - Self identified experts at multi-tasking - Expect instant action and satisfaction © 2013 J.D. Power & Associates, The McGraw-Hill Companies, Inc. All Rights Reserved. J.D. POWER & ASSOCIATES PROPRIETARY AND CONFIDENTIAL—FOR INTERNAL USE ONLY Items Brought into Vehicle Everyday/Few Times a Week – Minimum 50% Items Brought Into Vehicle 12 Total Sample (Top %) Mobile Phone 1 Pens/Pencils 2 Sunglasses 3 Napkins/Tissues 4 Wallet 5 Change 6 CDs/DVDs 7 Receipts/Small Papers 8 Purse 9 Emergency Kit 10 Garage Door Opener 11 Sm Cups/Bottles 12 Umbrella 13 Flashlight 14 Grocery Bags 15 Shopping Bags 16 Trash Items 17 Jumper Cables 18 Ice Scraper 19 © 2013 J.D. Power & Associates, The McGraw-Hill Companies, Inc. All Rights Reserved. J.D. POWER & ASSOCIATES PROPRIETARY AND CONFIDENTIAL—FOR INTERNAL USE ONLY 95% of consumers regularly bring a mobile phone into the vehicle Source: J.D. Power & Associates 2009 Vehicle Interior Needs Study (VINS) Connectivity Interests 13 © 2013 J.D. Power & Associates, The McGraw-Hill Companies, Inc. All Rights Reserved. J.D. POWER & ASSOCIATES PROPRIETARY AND CONFIDENTIAL—FOR INTERNAL USE ONLY Emerging Technology Interests ^ Device/Application link interest is asked only of smartphone owners 14 © 2013 J.D. Power & Associates, The McGraw-Hill Companies, Inc. All Rights Reserved. J.D. POWER & ASSOCIATES PROPRIETARY AND CONFIDENTIAL—FOR INTERNAL USE ONLY Source: J.D. Power & Associates 2013 Emerging Technologies Study Emerging Technology Interests: Connectivity ^ Device/Application link interest is asked only of smartphone owners 15 © 2013 J.D. Power & Associates, The McGraw-Hill Companies, Inc. All Rights Reserved. J.D. POWER & ASSOCIATES PROPRIETARY AND CONFIDENTIAL—FOR INTERNAL USE ONLY Source: J.D. Power & Associates 2013 Emerging Technologies Study Emerging Technology Interests: Device/Application Link^ Types of Connectivity Owners Would Like to Integrate Traditional In-Vehicle Information and Services Social/Personal Connections News and Entertainment Resources Professional and Personal Organization Personal Information Resources ^ Device/Application link interest is asked only of smartphone owners 16 © 2013 J.D. Power & Associates, The McGraw-Hill Companies, Inc. All Rights Reserved. J.D. POWER & ASSOCIATES PROPRIETARY AND CONFIDENTIAL—FOR INTERNAL USE ONLY Source: J.D. Power & Associates 2013 Emerging Technologies Study Emerging Technology Interests: Usability ^ Device/Application link interest is asked only of smartphone owners 17 © 2013 J.D. Power & Associates, The McGraw-Hill Companies, Inc. All Rights Reserved. J.D. POWER & ASSOCIATES PROPRIETARY AND CONFIDENTIAL—FOR INTERNAL USE ONLY Source: J.D. Power & Associates 2013 Emerging Technologies Study 18 © 2013 J.D. Power & Associates, The McGraw-Hill Companies, Inc. All Rights Reserved. J.D. POWER & ASSOCIATES PROPRIETARY AND CONFIDENTIAL—FOR INTERNAL USE ONLY Add in the Complexity of Connected Services 19 © 2013 J.D. Power & Associates, The McGraw-Hill Companies, Inc. All Rights Reserved. J.D. POWER & ASSOCIATES PROPRIETARY AND CONFIDENTIAL—FOR INTERNAL USE ONLY Emerging Technology Interests: Ultimate Enabler – Autonomous Driving ^ Device/Application link interest is asked only of smartphone owners 20 © 2013 J.D. Power & Associates, The McGraw-Hill Companies, Inc. All Rights Reserved. J.D. POWER & ASSOCIATES PROPRIETARY AND CONFIDENTIAL—FOR INTERNAL USE ONLY Source: J.D. Power & Associates 2013 Emerging Technologies Study Emerging Technology Interests: Ultimate Enabler – Autonomous Driving 2012 Last year, consumer sentiment on was filled with excitement regarding the possibilities a selfdriving vehicle could offer 2013 As autonomous driving becomes more of a reality, sentiment is transitioning toward consumers still wanting to drive their own vehicle until the technology gains consumer confidence and trust Semi-autonomous driving features are paving the way for this confidence and trust Source: J.D. Power & Associates 2013 Emerging Technologies Study 21 © 2013 J.D. Power & Associates, The McGraw-Hill Companies, Inc. All Rights Reserved. J.D. POWER & ASSOCIATES PROPRIETARY AND CONFIDENTIAL—FOR INTERNAL USE ONLY Thank You Mike VanNieuwkuyk Executive Director, Global Automotive J.D. Power & Associates mike.vannieuwkuyk@jdpa.com 22 © 2013 J.D. Power & Associates, The McGraw-Hill Companies, Inc. All Rights Reserved. J.D. POWER & ASSOCIATES PROPRIETARY AND CONFIDENTIAL—FOR INTERNAL USE ONLY