JD Power recently released its vehicle reliability study for 2011. The study indicates that, from 2010, Chinese brands made huge strides in quality…narrowing the gap with foreign brands. Overall, Chinese brands narrowed the gap by a whopping 34% compared to their foreign rivals over the past year.
The vehicle reliability study measures eight categories of issues ranging from the power-train to exterior paint quality from 13-36 months of ownership. Figures are given in terms of Problems Per 100 Vehicles (PP100), thus a lower number indicates higher quality. China’s overall vehicle score came in at 218 PP100 in 2011, compared with 298 in 2010.
China’s own brands clocked in at 309 PP100, having decreased by 135 PP100 since the previous study.
BYD’s FO came in first place for the compact vehicle segment with the FAW Pentium B70 scoring highly in the premium midsize segment.
1 comment:
Some of the small chinese food stocks look like bargains along with some of the chinese steel stocks. Unfortunately for those of you investing in stocks like Mcdonald's and Yum brands Apple computer that do lots of their business in china you can expect only mediocre investment returns over time. The really great returns in these type of stocks were made decades ago when they were small unknow companies unlike today.
Post a Comment