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Kelley Blue Book hands out 2008 Brand Image Awards
Filed under: Car Buying, Trends, BMW, Mercedes Benz, Toyota, Lifestyle
Automakers work very hard at the branding process, which takes years and years of effort to achieve. For instance, when a consumer hears Porsche, he or she likely sthink of sports cars and iconic design principles -- despite the fact that the German brand sells plenty of SUVs, too. And when a brand starts to get a negative image, it can take years to overcome that bad stigma -- just ask Ford. So, with all of this in mind, Kelley Blue Book has announced the winners of its 2008 Brand Image Awards, which are based on consumer perception studies of which KBB keeps track. The big winners this year are Toyota for "Best Overall Interior Design", BMW for "Best Overall Exterior Design" and Mercedes-Benz for "Best Overall Prestige Brand". We would have expected Audi to do well in the interior design category, but these awards are not based on reality, but perception instead. For a complete run-down of the awards, we've included the press release after the break. [Source: Kelley Blue Book] PRESS RELEASE Kelley Blue Book Announces Winners of 2008 Brand Image Awards Awards Honor Top New-Auto Brands Based on Consumer Perception Data from KBB Marketing Research Kelley Blue Book, the leading provider of new- and used-vehicle information, today announced the winners of the 2008 Kelley Blue Book Brand Image Awards. The Kelley Blue Book Brand Image Awards recognize automakers' outstanding achievements in creating and maintaining brand attributes that capture the attention and enthusiasm of the new-vehicle buying public. The 2008 Brand Image Awards are based on consumer automotive perception data from Kelley Blue Book Marketing Research's Brand Watch study. Brand Watch is an online brand perception tracking study tapping into 12,000+ in-market new-vehicle shoppers annually on kbb.com. The highly comprehensive Brand Watch report provides a detailed look at in-market new-vehicle shoppers' perceptions of brands, and important factors driving their purchase decisions while they are in the midst of the shopping process. The results of an entire year of Brand Watch research and consumer opinions determine the 2008 Kelley Blue Book Brand Image Award winners. Kelley Blue Book handed out 17 awards to automotive brands in the following categories during a gala event this evening amidst the festivities of the New York International Auto Show Media Preview Week in New York City: KELLEY BLUE BOOK'S 2008 BRAND IMAGE AWARDS Best Interior Design -- Non-Luxury Sedan/Coupe/Hatchback: Toyota Best Interior Design -- Luxury Sedan/Coupe/Hatchback: Lexus Best Interior Design -- Sports Car/Convertible: Mercedes-Benz Best Interior Design -- Truck: Chevrolet Best Interior Design -- Non-Luxury SUV: Toyota Best Interior Design -- Luxury SUV: Lexus Best Interior Design -- Minivan: Honda Best Exterior Design -- Non-Luxury Sedan/Coupe/Hatchback: Chrysler Best Exterior Design -- Luxury Sedan/Coupe/Hatchback: BMW Best Exterior Design -- Sports Car/Convertible: Porsche Best Exterior Design -- Truck: Chevrolet Best Exterior Design -- Non-Luxury SUV: Ford Best Exterior Design -- Luxury SUV: Mercedes-Benz Best Exterior Design -- Minivan: Toyota Best Overall Interior Design: Toyota Best Overall Exterior Design: BMW Best Overall Prestige Brand: Mercedes-Benz "The Kelley Blue Book Brand Image Awards honor the automakers that stand out in the ongoing heated battle for consumer perception," said Rick Wainschel, vice president of marketing research and brand communications for Kelley Blue Book and kbb.com. "While specific vehicle models may come and go over the years, the power of the brand is lasting in the minds of consumers." The most prestigious honors from Brand Watch include Best Interior and Exterior Styling, as well as Best Overall Prestige Brand. Based on the results of the Brand Watch study, consumers rated Mercedes-Benz as Best Overall Prestige Brand. With the company's long history of combining rich interiors with distinguished exterior styling, the brand is known not only as a preeminent luxury automaker, but also one of the foremost luxury brands in the world. BMW captured the award for having Best Overall Exterior Design. Its once-controversial new designs are now winning legions of fans, and the company has maintained a family resemblance across the board while allowing each model to take the design theme in a slightly different direction. Toyota garnered Best Overall Interior Design with its vehicles' simple, familiar and consistently gratifying fit, finish and materials used across its vehicle line-up. "Understanding brand perception is important to gauging vehicle value," said Jack R. Nerad, executive editorial director and executive market analyst of Kelley Blue Book and kbb.com. "Because brand is so important to consumers as they decide which vehicles they are considering and, ultimately, what vehicles they will buy, it is important to study their perceptions of various brands, the attributes that contribute to those perceptions, and how those perceptions shift over time." Read | Permalink | Email this | Linking Blogs | Comments More... Autoblog |
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