Providers and Administrators in blue logo
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

two people working on a paper contract together
IndustryMay 1, 2026

Driving into the Super CFC Era

Understanding the risks and benefits of retail accounting and Super CFCs can help you better present options to your dealer partners.

Read More →
Photo of outdoor electric-vehicle charger
Industryby Hannah MitchellApril 28, 2026

Global Roads Getting More Electric

China easily reigns in the segment, but European countries’ adoption rates are growing. The U.S., probably due to market size, has the second biggest EV fleet.

Read More →
Graphic of wholesale weekly price index
Industryby StaffApril 28, 2026

Black Book: Weekly Market Update

The full-size pickup segment, which has been dominant in the U.S., ended 11 consecutive weeks of gains with a slight dip last week.

Read More →
Ad Loading...
Line graphic showing week-over-week wholesale auto price changes
Industryby StaffApril 22, 2026

Black Book: Weekly Market Update

Wholesale auto conversion rates dropped slightly as auction buyers proved picky last week, analysts observed.

Read More →
pavement with car and charger wrapped around it painted on

EV Battery Cycle Life at Risk

Fast charging of electric vehicles provides a solution for range anxiety, but it also poses a risk to battery cycle life due to increased temperatures, according to an EV supply chain data provider.

Read More →
Photo of exterior facade of Beardmore Chevrolet store
Industryby Hannah MitchellApril 14, 2026

Founding Family Sells Nebraska Dealerships

Expanding Midwest automotive group picks up three stores as part of the robust transaction activity early this year.

Read More →
Ad Loading...
Photo of white 2026 Ford Bronco on a sandy beach
Industryby Hannah MitchellApril 10, 2026

March New-Vehicle Sales Don’t Reflect War

Cox Automotive data shows Americans doubled down on big-is-better despite price increases. Slightly higher incentives helped fuel the demand.

Read More →
Photo from the rear of the XC60 SUV
IndustryApril 8, 2026

Volvo to Shift Some EV Production to U.S.

The automaker says its movement of some electric-vehicle work to the S.C. factory is part of a more tailored product focus. It also plans to add a new hybrid model to the plant’s itinerary.

Read More →
Bar graphic depicting week-over-week change across the various vehicle segments
Industryby StaffApril 7, 2026

Black Book: Weekly Market Update

Last week's wholesale automotive auction activity continued in a healthy mode, though buyers practiced selectivity.

Read More →
Ad Loading...
red car at a gas station being filled with gas. Efficiency Drives Demand. Providers and Administrators logo
Industryby Lauren LawrenceApril 7, 2026

Gas Prices Driving Consumer Interest

CarGurus’ first quarterly review of 2026 shows that affordability concerns are continuing to drive consumer purchases with a shift to more fuel-efficient options.

Read More →