IHS Automotive: Loyalty Drives Gains in Automotive Market Share
Southfield, MI — Analysis of first quarter new-vehicle registrations showed that loyalty and conquesting efforts by OEMs are paying off in improved retail market share, according to a report from IHS Automotive.
Brands with the greatest improvements in loyalty generally experienced market share gains during the quarter. Jeep’s market share rose 1.3 percentage points, as it achieved loyalty improvements of 8.1 percentage points during the timeframe. Similarly, Nissan and Subaru gained in loyalty, and improved their respective market share by more than half a percentage point. These three brands enjoyed the largest market share gains in the industry during the quarter.
Overall automotive industry loyalty during the first quarter was 51%, down slightly from the first quarter 2013. Brand loyalty leaders through March were Ford, with an industry-high 64% loyalty, followed by Mercedes-Benz and Toyota, each with 57.8% loyalty.
This assessment by IHS Automotive includes analysis of more than 1.8 million new-vehicle transactions in which a household returned to market during the first quarter to purchase another new vehicle. The analysis is limited to brands with more than 1,000 transactions during the timeframe.
“Both owner loyalty and competitive conquest efforts impacted market share in varying degrees during first quarter 2014,” said Jeffrey Anderson, director of loyalty at IHS Automotive.
While overall loyalty for the quarter dropped slightly from 2013, an analysis of the year- over-year first quarter trend in overall industry loyalty showed improvement.
“This is indicative of manufacturers and dealers focusing on loyalty and conquesting — including incorporating loyalty into compensation programs at the retail and corporate levels,” said Tom Libby, manager of loyalty solutions and industry analysis at IHS Automotive.
In addition, IHS found that brands with increased conquests relative to defections have also seen an increase in market share. Five brands that led the industry in net conquest/defection improvement were Mitsubishi, Jaguar, Lincoln, Jeep and Lexus. All had gains of 40% or more. Conquests for these makes were largely driven by the new Mitsubishi Outlander, Jeep Cherokee (replacement for the Liberty), Jaguar XF, Lincoln MKZ and the Lexus GX.
These brands also experienced market share improvements, with Jeep achieving a 43% improvement, Mitsubishi being up 40%, Lincoln showing a 27% gain, Lexus showing 16% improvement, and Jaguar realizing a 15% increase.
More Industry

Ownership Priorities are Shifting
A new survey shows that in the U.S. vehicle quality for generation Z is largely defined by advanced safety features, intuitive technology and premium sound systems.
Read More →
Pump Price Jump Calculated
ISeeCars.com examined fuel costs for different power trains, finding which ones have experienced the biggest hits since the war in Iran commenced.
Read More →
Black Book: Weekly Market Update
Wholesale values fell last week despite the spring season still being in the traditional full-gear mode, analysts said.
Read More →
Arkansas Auto Group Acquires First Indiana Rooftop
Performance Brokerage Services represented both the buyer and seller in the sale of Carver Toyota of Columbus by Carlock Automotive Group.
Read More →
Stellantis to Dive Into U.S. Lending
The multinational maker of Chrysler, Dodge, Jeep, Ram and multiple other brands received conditional approvals for a Utah-based industrial bank.
Read More →
New-Vehicle Prices Rise
With April sales down, higher prices on in-demand large vehicles helped inflate the overall ATP, though increases were under long-term averages, Cox Automotive reported.
Read More →
Black Book: Weekly Market Update
Last week in the wholesale automotive market proved to be a mixed bag, analysts reported.
Read More →
Black Book: Weekly Market Update
Conversion rates were flat last week at 63%, Black Book analysts calculated, as low-mileage and almost-near units outpaced the overall market.
Read More →
EU Auto Association Urges Action
Trade relations between the European Union and the U.S. are at risk, causing the European Automobile Manufacturers Association to push lawmakers to make a decision.
Read More →
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 →