US automakers improving
All three US-based automakers are doing a better job of satisfying their customers than they were a year ago, according to a recent survey.
General Motors Co, Ford Motor Co and Chrysler Group LLC all posted significant gains in this year's American Customer Satisfaction Index released Tuesday by the University of Michigan.
"Although the future will obviously be challenging for Detroit, the rise in customer satisfaction provides a much needed improvement in competitive standing," Claes Fornell, the University of Michigan business professor who heads the annual survey, said in a statement.
Fornell said keeping customers happy is key for the automakers, especially at a time when less people are buying cars, because they will be more likely to come back the next time they need a new vehicle.
GM's Cadillac and Toyota's Lexus brands tied for first place in the survey with scores of 89 out of 100. That marked a 4 point increase for Cadillac from its 2008 results and a 2 point improvement for Lexus, which also ranked first in last year's survey.
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