The just-released study - "Opportunity for Chinese and Indian Brands in the USA" - provides new insight into who these consumers are and what they're looking for in their next car or truck. Based on a national survey of more than 30,000 new car and truck buyers, AutoPacific's 2009 Research Suite database reveals insights into the willingness of Americans to consider cars and trucks coming from China and India.
"Not only are a significant number of people willing to consider Chinese and Indian brands, this group consists of highly desirable buyers who would be coveted by any manufacturer. They tend to be young, well-educated, and affluent for their age and have good jobs in administrative, health care and middle management positions," added Peterson.
The study shows Chinese and Indian considerers are more likely to currently own Japanese and Korean brands, indicating that these brands may have the most competition from the new entries, rather than domestic brands like Chrysler, Ford and GM. The study also revealed that while those who would consider a car from China and India rate reliability and durability high, they are not as interested in the dynamics of a vehicle like handling, braking and acceleration.