P&A Providers & Administrators
MenuMENU
SearchSEARCH

Contentment With Autos Up

Annual survey declares consumer sentiment recovered from pandemic effects.

August 22, 2023
Contentment With Autos Up

Toyota led both mass-market brands and the overall industry in the survey, up 5% to a score of 84.

IMAGE Toyota

2 min to read


 

Customer satisfaction with vehicles is up, based on the latest American Customer Satisfaction Index, which nevertheless detected mixed signals about electric models.

The annual survey, which gathers sentiment of U.S. consumers on products and services by domestic and foreign companies with substantial share in U.S. markets, found satisfaction with autos rose 3% to 79 points on the 100-point index.

Ad Loading...

The improvement was enough for index executives to declare the pandemic’s effects on consumer sentiment a thing of the past.

“Satisfaction with the auto industry as a whole has fully rebounded to pre-pandemic levels, and consumer demand is strong despite rising interest rates,” said ACSI Director of Research Emeritus Forrest Morgeson in a press release on the survey findings.

Morgeson, associate professor of marketing at Michigan State University, where ACSI started in 1994, said almost all aspects of the driving experience have improved, including driving performance, gas mileage and warranties. Even with inflated vehicle prices, he said, value perceptions are up.

“These factors bode well for automakers — and their sales figures — in the second half of 2023,” Morgeson said.

Toyota led both mass-market brands and the overall industry in the survey, up 5% to a score of 84 on strong gas mileage, dependability and quality for the price. More respondents considered buying a Toyota than any other brand – 35%. Its luxury division, Lexus, remained at the top of that segment but was joined in that spot by Tesla.

Ad Loading...

Survey respondents said they’re more satisfied with electric and hybrids models than are owners and lessees of gas-powered vehicles. But they ranked at the bottom for dependability and reliability. Meanwhile, hybrid owners are happier with more aspects of the driver experience than EV owners, including quality, value, and dependability. Hybrid drivers were satisfied with more aspects of their vehicles than were those with EVs.

DIG DEEPER: Purchase Ease Falls in July on Financial Points

Originally posted on Auto Dealer Today

More Industry

Photo of gray SUV plugged into public electric-vehicle charger in parking lot
Industryby Hannah MitchellJuly 21, 2026

World EV Adoption Set to Grow

A new report says the segment, despite recent setbacks in some regions, is poised for acceleration as many countries look to reduce pollution.

Read More →
Bar chart of truck and SUV segments' weekly value change
Industryby StaffJuly 21, 2026

Black Book: Weekly Market Update

Wholesale automotive auction business stayed steady last week as bidders encountered lower prices, analysts observed.

Read More →
laptop with blue car on screen on a shopping website, Clear Costs Convert
Industryby Lauren LawrenceJuly 21, 2026

Pricing Transparency Drives Purchase Consideration

An annual study by JD Power found that clear pricing matters to consumers on automaker websites, so much so that it increases their purchase consideration.

Read More →
Ad Loading...
Bar graphic of used-car segment weekly change
Industryby StaffJuly 14, 2026

Black Book: Weekly Market Update

Used-vehicle market depreciation was the prevailing story in the wholesale market last week.

Read More →
Light-blue Fiat car parked on a sunny Chicago street
Industryby Hannah MitchellJuly 14, 2026

Smaller Is Looking Better

A growing number of Americans in the market for a new vehicle are opting for more affordable options, not waiting for market stability to bite the bullet.

Read More →
man sitting at desk using calculator with charts in front of him, to-go coffee cup on desk, rising and falling data chart in front
Industryby Lauren LawrenceJuly 14, 2026

U.S. EV Market Slowly Stabilizes

U.S. electric-vehicle interest is slowly stabilizing since a major dip in sales after last year's end of the federal EV tax credit, and hybrids remain the leading electrified power train.

Read More →
Ad Loading...
blue background, map of the world with connecting lights and an electric vehicle emblem in the middle
Industryby Lauren LawrenceJuly 8, 2026

Global EV Market Entering New Phase

Automakers are making investments to lower battery costs and optimize production to meet changing consumer needs.

Read More →
Bar chart showing week-over-week wholesale automotive price change
Industryby StaffJuly 7, 2026

Black Book Weekly Market Update

The holiday weekend, not surprisingly, put a drag on wholesale automotive activity last week, analysts observed.

Read More →
Photo of Honda CR-V SUV on two-lane road next to roadside trees
Industryby Hannah MitchellJuly 1, 2026

Auto Affordability in Context

Cox Automotive points out the complex circumstances that have led to eye-popping vehicle prices.

Read More →
Ad Loading...
Line chart of used-vehicle days to turn over past week
Industryby StaffJune 30, 2026

Black Book: Weekly Market Update

Automotive auction inventory increased last week, giving choosy bidders even more leeway.

Read More →