JD Power, part of McGraw-Hill, has announced the acquisition of Automotive Resources Asia (ARA), a market strategy and information firm specialising in Asia’s car markets since 1993.
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ARA is positioned as a leading consulting firm in China and the ASEAN region. Its services range widely from market entry studies to providing data and market forecasts. ARA maintains offices in Beijing, Shanghai and Bangkok.
“We are delighted to add ARA to the growing JD Power and Associates network in China and Asia,” said JD Power III, founder of the firm, at a press conference in Beijing.
“We have worked closely with ARA to produce our Asia Pacific and powertrain forecasts. ARA’s analytical discipline, insight and on-the-ground understanding of China’s automotive marketplace complement JD Power and Associates’ strategic focus and direction and will serve our customers extremely well.”
“The philosophies and capabilities of ARA and JD Power and Associates are such a good match that we jointly decided to bring ARA’s people and knowledge officially into the JD Power and Associates business,” said Michael Dunne, former president of ARA who now becomes vice president at JD Power Asia Pacific. “We look forward to bringing a new dimension of service and insight to the local marketplace.”
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By GlobalData“The Chinese Association of Automotive Manufacturers (CAAM) has worked closely with JD Power to help prepare our industry for rapid growth and success in the global marketplace,” said Jiang Lei, CAAM executive vice chairman. “We have also valued ARA’s insights and welcome this combination of strength, shared resource and clear commitment to China’s automotive industry.”
“Given the complex and fast-changing nature of the Chinese automotive market, solid information on industry and customer needs is critical,” said Phil Murtaugh, executive vice president of the Shanghai Automotive Industry Group (SAIC). “With the addition of ARA, JD Power is uniquely positioned to provide a single, comprehensive source of insight into this rapidly evolving industry.”
