Technology Drives Vehicle Purchase Decisions, According to a Recent MyRide.com Snap Poll

NY Auto Show Abuzz with Futuristic Vehicle Technology; Consumers Weigh In on Explosion of High-tech Design in Tomorrow's Vehicles



   * Fifty-six Percent of Respondents Say High Tech Vehicle Features Impact
     Purchase Decision
   * Majority of Consumers Looking for High tech over Green Tech
   * Technology Wins Over Price, Performance, Utility/Cargo Room and Fuel
     Economy Combined
   * Toyota and GM Perceived as Most Tech Savvy Automakers

IRVINE, Calif.--As manufacturers become even more competitive, automakers are banking that "must-have" technology will become a decisive factor in attracting consumers to their brands. We're already seeing automakers defining their brands by their high-tech offerings (Ford with SYNC, GM with OnStar, etc.) -- and if the recent auto shows, including the upcoming one in New York, are any indication, that trend is just getting started.

Hot new technology packs a big 'wow' factor, but just how much impact will it have on buying decisions vs. more substantial considerations like safety, fuel efficiency, etc.? Which gadgets will catch on with car buyers, and which will be relegated to the scrap heap of failed vehicle technology (alongside the push-button shifter and the in-vehicle VHS player). In search of answers, MyRide.com recently conducted a series of snap polls targeting in-market car buyers to find a snapshot of consumer attitudes.(a)

High Technology a MUCH Bigger Sell Than Green Technology

Forty percent of respondents indicated that a high-tech or electronic feature (iPod/MP3 connectivity, GPS navigation, etc.) was a factor in their last vehicle purchase selection, with 16% describing it as a "significant" factor.

When asked what will be more important during their next vehicle purchase -- green technology (i.e., alternative fuel or high fuel efficiency) vs. high technology (advanced communications, safety, lifestyle features) -- more than twice as many respondents selected high technology. And 12% indicated that high technology features would be more important to them than price, performance, utility/cargo room and fuel economy combined.

Car Buyers Rate New Design Technology - from 'Hot' to 'Ice Cold'

Some of the most interesting new vehicle technology involves design - everything from cap-less gas tanks (new from Ford) to, believe it or not, lavender- and orange-scented tires. Check out the chart below to see how car shoppers rate these and many other new design offerings -- on a scale of "hot" to "ice cold" -- in terms of their desire to have it in their next vehicle purchase.

Shoppers were found to respond favorably to opacity-shifting windows/sunroofs and cap-less fueling systems but are left "ice cold" by certain less practical offerings. Not to kick the scented tires that hit the market this past winter, but they may exemplify the potential for overreaching on behalf of the aftermarket industry (an aftermarket industry) as everyone scrambles to out-gadget the competition. Indeed, when asked (in a separate poll question) to describe their gut reaction to the prospect of scented tires in a separate poll question, 80% of respondents replied, "negative -- it seems silly and absurd; the industry's gone too far."

Drivers Looking to Stay Connected

One of the mega-trends in automotive gadgetry involves providing in-vehicle connectivity to other gadgets -- iPods, cell phones, laptops, etc. -- safely allowing us to 'plug in' in our cars to our devices from our homes and offices. When asked which piece of technology they'd most like have access to, or more seamless access to, in their cars, the majority (56%) selected access to their cell phone/iPhone/Blackberry while the remainder were pretty much evenly split between their computers/laptops and their iPod/MP3 music/video player. This strong demand for hands-free phone communications mirrors the breakout popularity of Ford's Microsoft-developed SYNC system, which allows drivers to operate their car's stereo, personal music device and phone/blackberry by voice. (A Ford analyst reports that Ford vehicles with the Sync option sell twice as fast as those that don't.)

Most Perceive Toyota as Most Tech-Savvy Car Company

They may love SYNC technology, but only 9% of poll respondents named Ford-Lincoln as the car company they perceived to be the most tech-savvy. Most respondents selected Toyota/Scion/Lexus (22%), followed by GM (provider of the OnStar system), Mercedes Benz (13%) and BMW (12%). Scion has saved its big news for the New York Auto Show, with the unveiling of the Hako Concept, the replacement for the TC coupe, which should offer young hipsters plenty of in-vehicle technology to gawk at.

Drivers Looking for More from Microsoft

When asked which high-tech company they'd most like to see co-design a car, most selected Microsoft (33%) - ahead of Apple/Mac (22%), and Bose (19%). They may soon get their wish. Microsoft is promoting plans for an expanded "Microsoft Auto" software technology that goes well beyond SYNC. Completely voice-activated, it will purportedly enable drivers to access real-time traffic updates, get instant directions (for, say, either the most fuel-efficient or scenic route), download music -- and even allow cars to communicate to avoid accidents.

A quick look at some of the high-tech gear that's being packed into new cars on display at upcoming New York Auto Show:


 * A hands-free system that lets you control your cell phone, blackberry and
   iPod with simple voice commands.
 * In-vehicle high-speed Internet access. And on-board hard drives.
 * Advanced navigation systems that provide real-time traffic, weather,
   and emergency alerts and point you to the cheapest nearby gas, available
   parking, restaurants, etc.
 * Parent-friendly technology including satellite TV, cameras to keep an eye
   on the kids in back, and 'time out' buttons to silence the entertainment
   and take over the mic.
 * Safety sensors that help the car park itself and warn you when you're
   drifting out of your lane, when vehicles are in your blind spot, etc.

Go to MyRide.com for in-depth New York Auto Show coverage

For daily coverage of this year’s New York Auto Show and MyRide.com's technology poll results, log on to www.myride.com.

(a) MyRide.com Consumer Voice polls were conducted as a series of vehicle-related snap polls via the MyRide.com website and consumer newsletter January and February 2008.

Technology Poll Highlights

Which of the following all-new design features do you think are hottest? Would you most want in your next new vehicle?


                           Ice Cold   Chilly   Room Temp   Warm   Hot
                           --------   ------   ---------   ----  ----
 In-vehicle refrigerators-
  hot/cold cupholders        40%        14%       18%       18%   10%

 Color changing glass from
  clear to opaque            12%         3%       17%       34%   34%

 Cap-less fueling systems    21%        13%       19%       27%   20%

 Scented tires               73%        10%        8%        8%    1%

 `Green' vehicles inside
  & out                      23%        15%       35%       15%   12%

 Swivel-and-go seating       39%        17%       19%       16%    9%

 Vehicles with hidden
  exterior lockable boxes    27%        11%       25%       27%   10%

 Inside or out Speaker
  system /subwoofers for
  individual listening       34%        12%       20%       19%   15%

Learn More

To learn more or to speak with a MyRide.com expert about vehicle technology trends, contact Stephanie Rice: 310-882-4008.