ATLANTA, June 13, 2013 /PRNewswire/ -- BMW may be duking it out with Mercedes Benz for the luxury crown, but the automaker should be keeping a close watch on Audi, which is gaining serious shopper interest across the nation. According to a recent analysis conducted by AutoTrader.com, shopper interest is higher for Audi than BMW in 30 states, mostly in the northern half of the country. However, leads in several key states give BMW big geographic strongholds from which to defend against the encroaching automaker.
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"While Audi trails BMW in sales, we are seeing definite encroachment in shopper interest, which is a clear indication that Audi is capturing the attention of more and more BMW shoppers," said Rick Wainschel, vice president of automotive insights at AutoTrader.com. "In the past, Audi has taken on Mercedes very directly, but they have been more aggressive recently about going after the positioning platforms that BMW has traditionally been known for. Our data indicates that this strategy is working."
Though Audi still trails the national race, AutoTrader.com's regional analysis shows that the inroads they are making are fairly universal and have effectively cut into BMW's national dominance. The analysis of shopper interest shows that on the national level, BMW's lead over Audi shrunk by 47 percent year-over-year.
A segment-level analysis revealed several key areas where Audi is gaining ground:
"While BMW has a strong lead in several key states such as California, Texas, Florida and New York, Audi seems committed to working very aggressively to keep the tides turning in their favor," Wainschel continued. "To defend its national prominence, BMW will need to focus on strengthening its base in those key states while defending more strategically in areas where Audi has successfully captured more shopper interest."
Methodology
This analysis is based on shopper interactions occurring on the AutoTrader.com site among new vehicle prospects (shoppers interacting with the latest three model years of vehicles, currently 2012 – 2014). Interactions are counted when shoppers take a conscious action related to a vehicle on the site such as clicking through to a vehicle detail page or performing a "build & price." The Audi/BMW analysis was conducted using site behavior from April 2013 and, for comparison, April 2012.
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About AutoTrader.com
Created in 1997, Atlanta-based AutoTrader.com is the Internet's ultimate automotive marketplace. As a leading resource for car shoppers and sellers, AutoTrader.com aggregates millions of new, used and certified pre-owned cars from thousands of dealers and private sellers and provides expert articles and reviews. AutoTrader.com, which also operates the AutoTraderClassics.com auto marketing brand, is wholly owned by AutoTrader Group. Additionally, AutoTrader Group owns Kelley Blue Book (KBB.com) as well as three other companies that provide a full suite of software tools that help dealers and manufacturers manage their inventory and advertising online: vAuto, HomeNet Automotive and VinSolutions. AutoTrader Group is a majority-owned subsidiary of Cox Enterprises. Providence Equity Partners is a 25 percent owner of the company and Kleiner Perkins Caufield & Byers is also an investor. For more information, please visit http://press.autotrader.com.
SOURCE AutoTrader.com
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