Consumer Reports Pans Two U.S. Sedans

by Christopher Freeburn | November 20, 2012 9:58 am

Consumer Reports’ recent automobile reviews don’t hold good news for American carmakers[1].

The magazine, which conducts a wide range of tests on various vehicles, was unimpressed with the performance of Ford‘s (NYSE:F[2]) Lincoln MKS and General Motors’ (NYSE:GM[3]) Cadillac XTS, Reuters noted.

While those luxury sedans fell short of Consumer Reports’ expectations, it issued a recommendation for Toyota‘s (NYSE:TM[4]) updated Lexus ES sedan, but noted that the 2013 model was less responsive and luxurious compared to prior years.

The Dodge Dart, made by Chrysler, which is now owned by Italy’s Fiat (PINK:FIATY[5]), also came in for criticism. While admiring the Dart’s handling, Consumer Reports called it “underpowered” and said the car didn’t equal competitors in its class, including the Toyota Corolla and Ford Focus.

Shares of Ford rose slightly on Tuesday morning, while General Motors and Toyota shares slipped fractionally, and Fiat shares tumbled more than 4% in over-the-counter trading.

Endnotes:
  1. good news for American carmakers: http://www.consumerreports.org/content/cro/en/consumer-reports-magazine/z2013/January/cadillac_xts_vs_lincoln_mks_review.html
  2. F: http://studio-5.financialcontent.com/investplace/quote?Symbol=F
  3. GM: http://studio-5.financialcontent.com/investplace/quote?Symbol=GM
  4. TM: http://studio-5.financialcontent.com/investplace/quote?Symbol=TM
  5. FIATY: http://studio-5.financialcontent.com/investplace/quote?Symbol=FIATY

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