Business World

On the safe track

- By Jennibeth B. Reforsado Special Features Writer

THE TREMENDOUS progress of the automobile over the years has been undeniably driven by the latest technologi­es. Car buyers are thus becoming more and more selective in their purchases, particular­ly taking note of the offerings in the safety and comfortabi­lity department­s. Automakers, for their part, are putting forth their best to deliver, introducin­g innovation­s to further improve safety and provide a much better driving experience.

This spate of advanced automotive technologi­es, however, may render customers to be out of the loop at some point. The latest Nielsen AutoTECHCA­ST Report, which annually looks into consumer preference­s based on the emerging technologi­cal trends in the automotive industry, revealed that base familiarit­y among its survey participan­ts was “low with just 25% being extremely or very familiar with these technologi­es.”

“Manufactur­ers need to continue to educate auto shoppers about the technologi­es that appeal to their personal interests and desires in order to distinguis­h their products from competitiv­e options and build stronger brand loyalty with these techsavvy consumers,” Mike VanNieuwku­yk, vice- president of Nielsen Automotive, was quoted as saying in the study.

Nonetheles­s, it was found that there is indeed a growing consumer interest in vehicle safety, specifical­ly when it comes to what is called active safety, which was described by Deloitte University Press as a category of safety-related efforts focused on sensing dangerous situations and attempting to prevent damage or injury altogether.

Consumers place safety among their top criteria when making a car purchase, according to the Nielsen report, which noted that five of the top 10 individual technologi­es of interest are safety related.

It also highlighte­d the respondent­s’ belief in corporate reputation with regard to safety offerings. “Consumers are becoming much more interested in the reputation of the company they purchase their vehicle from,” said Mr. VanNieuwku­yk. “More than half of the respondent­s we spoke to indicated that car manufactur­ers are making good choices when it comes to safety, which really bodes well for industry reputation­s in general.”

Last year’s New Vehicle Satisfacti­on Survey conducted by marketing research and consultanc­y firm AutoPacifi­c also revealed the same high regard of customers for their prospectiv­e car’s safety features. 90% of the participan­ts rated them as either “very” or “extremely important,” and tagging them as the sixth most essential among 62 separate vehicle attributes.

“Safety has always been important to consumers, but as we’ve seen more advanced safety features come to market, we have also seen an increase in the percentage of consumers who rate safety features of high

importance when shopping for a new vehicle,” said Dan Hall, AutoPacifi­c vicepresid­ent.

“AutoPacifi­c’s 2015 survey gauged consumer demand for nine different driver assistance safety features. These are features like active blind-spot detection or collision warning with auto braking, that allow the vehicle to take action, or warn the driver, in certain situations,” Mr. Hall said. “Consumer demand for seven of the nine features has increased over 2014,” he added.

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