In today's increasingly competitive automotive marketplace, it is imperative to have the latest competitive intelligence data available to make informed decisions on vehicle purchasing, pricing, and placement. Millions of retail transactions; 250 data points from 16,000 dealerships across North America; daily updates. Here’s where we put the figures that matter into sharp focus.
Market Performance and Consumer Behavior
The Power Information Network® (PIN) provides real-time automotive information and decision-support tools based on the collection and analysis of daily new- and used-vehicle retail transaction data from thousands of automotive franchises.
As the largest source for retail transaction data, PIN has the broadest and deepest electronic point-of-sale data from dealerships describing the sale, the vehicle, the buyer and the deal. We leverage industry leading sales pricing and analytics, thereby providing the timeliest source of real-time buyer behavior.
The Power Information Network® (PIN) provides real-time automotive information and decision-support tools based on the collection and analysis of daily new- and used-vehicle retail transaction data from thousands of automotive franchises.
As the largest source for retail transaction data, PIN has the broadest and deepest electronic point-of-sale data from dealerships describing the sale, the vehicle, the buyer and the deal. We leverage industry leading sales pricing and analytics, thereby providing the timeliest source of real-time buyer behavior.
Auto Financing Optimization
PIN Navigator® is designed to support the needs of the sales, marketing, pricing, risk and insurance departments of automotive finance lenders. It provides lenders with 24/7 access to the most timely data available in the market and includes more than 70 contract, dealer, and lender variables updated daily. This is a “must have” in today’s competitive automotive financial marketplace.
PIN Navigator® is designed to support the needs of the sales, marketing, pricing, risk and insurance departments of automotive finance lenders. It provides lenders with 24/7 access to the most timely data available in the market and includes more than 70 contract, dealer, and lender variables updated daily. This is a “must have” in today’s competitive automotive financial marketplace.
Configuration Analytics
The JD Power Vehicle Configuration Analytics platform fuses together vehicle content and sales performance data to provide access to the most precise vehicle configuration intelligence in the marketplace today.
The JD Power Vehicle Configuration Analytics platform fuses together vehicle content and sales performance data to provide access to the most precise vehicle configuration intelligence in the marketplace today.
Valuation Services
JD Power Valuation Services delivers accurate, unbiased values and objective market intelligence that help our customers make the right decisions for their businesses.
Serving clients across the nation's leading banks, credit unions, OEMs, auto dealers, insurance companies, government agencies and beyond, we empower our clients with the information they need to drive their success.
JD Power Valuation Services delivers accurate, unbiased values and objective market intelligence that help our customers make the right decisions for their businesses.
Serving clients across the nation's leading banks, credit unions, OEMs, auto dealers, insurance companies, government agencies and beyond, we empower our clients with the information they need to drive their success.
Vantage
Optimize your incentives planning. This digital application enables internal data integration with JD Power proprietary PIN data and advanced AI in a secure environment.
Vantage leverages predictive analytics to deliver the insights OEM clients need to make smarter, faster and more informed incentive decisions. In enables live scenario analysis to share across teams, facilitating seamless collaboration and faster decision making.
Optimize your incentives planning. This digital application enables internal data integration with JD Power proprietary PIN data and advanced AI in a secure environment.
Vantage leverages predictive analytics to deliver the insights OEM clients need to make smarter, faster and more informed incentive decisions. In enables live scenario analysis to share across teams, facilitating seamless collaboration and faster decision making.
Power Payments
Standardize your incentives. Power Payments provides your organization with deeper granularity into ever-changing incentives, specific to model, trim, option load and geography.
Your incentives data is compiled, processed and consolidated into easily understandable reports, highlighting competitiveness across automotive brands, competitive vehicle sets and geographical regions. This allows for agile assessments and pivots to be made that are necessary in keeping up with changing incentives rates and programs – giving your organization the competitive advantage.
Standardize your incentives. Power Payments provides your organization with deeper granularity into ever-changing incentives, specific to model, trim, option load and geography.
Your incentives data is compiled, processed and consolidated into easily understandable reports, highlighting competitiveness across automotive brands, competitive vehicle sets and geographical regions. This allows for agile assessments and pivots to be made that are necessary in keeping up with changing incentives rates and programs – giving your organization the competitive advantage.
ALG: Tomorrow's Insights Today
With over 50 years of experience ALG has monitored the pulse of the automotive industry, and constantly tested and refined our proprietary models to ensure more accurate results. This experience now combined with JD Power Valuation Services, provides the automotive industry with the most robust assortment of valuation solutions to help increase profits and make smart decisions.
Data: ALG analyzes a wide variety of macro, industry, and market factors to create the industry's benchmark depreciation forecasts.
Analytics: We dive deeply into the questions that impact your business. We pair industry expertise with data visualizations to strengthen your understanding.
Insights: Our clients rely on us for data that results in actionable recommendations. We advise on approximately 40 percent of new vehicle launches in North America.
With over 50 years of experience ALG has monitored the pulse of the automotive industry, and constantly tested and refined our proprietary models to ensure more accurate results. This experience now combined with JD Power Valuation Services, provides the automotive industry with the most robust assortment of valuation solutions to help increase profits and make smart decisions.
Data: ALG analyzes a wide variety of macro, industry, and market factors to create the industry's benchmark depreciation forecasts.
Analytics: We dive deeply into the questions that impact your business. We pair industry expertise with data visualizations to strengthen your understanding.
Insights: Our clients rely on us for data that results in actionable recommendations. We advise on approximately 40 percent of new vehicle launches in North America.
Experts You Can Count On
Thomas King
President, OEM Solutions
Thomas's Bio
Thomas King is President, OEM Solutions at JD Power. He joined the company in 2005.
He is responsible for JD Power’s rapidly evolving solutions for automobile manufacturers (OEMs), all of which leverage class-leading data, advanced analytics, and deep industry expertise. These solutions, which utilize both well-established and new data assets, coupled with modern technology to ensure seamless and actionable workflow integration, guide automakers in making optimized business decisions and realizing measurable improvements in sales performance, profitability, product quality, and customer satisfaction.
With over 25 years of experience in the Automotive industry, Mr. King has held multiple leadership roles focused on creating value for clients across the automotive ecosystem, including OEMs, Dealers, Financial Institutions, Insurers and Software providers. Most recently, he was President of the Data & Analytics Division & Chief Product Officer of JD Power, where he led the significant expansion of business units focused on analytics, including the Power Information Network (PIN) and Valuation Services (Used Car Values and Residual Values), while bringing multiple new products successfully to market.
Widely acknowledged as a leading authority on Automotive Market Dynamics, he regularly provides perspective on the state of the automotive industry in media outlets like Forbes, MSN and CNBC.
Prior to joining JD Power, Mr. King was in Global Market and Industry Analysis at General Motors. There, he analyzed the U.S. automotive industry, focusing on sales, pricing and incentive dynamics.
Mr. King received a master’s degree in materials science, economics and management from the University of Oxford in England.
Jonathan Banks
Vice President & GM
Jonathan's Bio
Jonathan Banks
Vice President & GM
Jonathan Banks is Vice President & GM, Vehicle Valuations at JD Power. Under Mr. Banks’ leadership, his market intelligence and analytical teams deliver accurate and timely residual values & used car and truck valuations for the automotive industry, financial institutions, businesses, and consumers. Additionally, Mr. Banks analyzes market data at both the auction and retail level of the new and used vehicle market and develops analytical support for the myriad decisions along the vehicle value chain from product development to remarketing. Banks also serves as one of the division’s primary media spokespeople on issues affecting the automotive industry and its consumers.
With 20 years of experience in the automotive industry, Mr. Banks is a well respected expert, speaking at many of the major automotive conferences and conventions across the country. He is also a trusted source for the media and has been quoted in various publications, including The Wall Street Journal and USA Today.
Prior to NADA Used Car Guide, Mr. Banks worked as a senior director and manager at ALG for 13 years. At ALG, he helped establish a series of successful initiatives to improve and streamline the use of used vehicle market and pricing data to improve its forecasting model.
Mr. Banks received his undergraduate degree from UC Santa Barbara and his MBA from Pepperdine University as well as a graduate certification in Foundations of Business Analytics. Outside of the office, Banks enjoys traveling, music, watching baseball, reading and just about anything outdoors.
Tyson Jominy
SVP, OEM Customer Success
Tyson's Bio
Tyson Jominy
SVP, OEM Customer Success
Tyson Jominy has worked for JD Power and the Power Information Network since September 2009, advising OEMs on pricing and incentives for new and used car sales.
His insights are regularly quoted in media outlets like CNN, MSN and Business Insider.
Prior to joining JD Power, Mr. Jominy worked for Ford Motor Company and Nissan North America, where he held several positions within finance and sales & marketing, leading OEM projects in product development, manufacturing operations, pricing and financial control. Additionally, he has managed financial forecasting and planning in the CPG industry and advised executives in corporate development and M&A in the energy sector.
Mr. Jominy has a bachelor’s degree in finance from Indiana University in Bloomington, IN and a master’s of business administration from The University of Chicago Booth Graduate School of Business in Chicago, IL.
Mike Buckingham
Managing Director, PIN Automotive Finance Practice
Mike's Bio
Mike Buckingham
Managing Director, PIN Automotive Finance Practice
Mike leads the Power Information Network (PIN) Automotive Finance Practice in the US and Canada.
As an industry thought leader, he represents JD Power within the automotive finance industry and provides lender clients with strategic direction on how to create products that focus on key measures, including price, risk, advance and term. Mike and his team rely heavily on the PIN Navigator®, a real-time automotive lending information and decision-support tool that collects and analyzes new- and used-vehicle retail transactions daily from thousands of automotive franchises, for their strategic input.
Mike has been in the indirect auto financing industry for more than 30 years. Prior to joining JD Power in 2013, Mike was the President & CEO of Hyundai Capital America, the financing arm for Hyundai and Kia Motors. He has also held several senior positions at Bank One, Chrysler Financial and Citicorp Acceptance.
Mike holds a Bachelor’s degree in Finance from the University of Houston.
Thomas King
Thomas King is President, OEM Solutions at JD Power. He joined the company in 2005.
He is responsible for JD Power’s rapidly evolving solutions for automobile manufacturers (OEMs), all of which leverage class-leading data, advanced analytics, and deep industry expertise. These solutions, which utilize both well-established and new data assets, coupled with modern technology to ensure seamless and actionable workflow integration, guide automakers in making optimized business decisions and realizing measurable improvements in sales performance, profitability, product quality, and customer satisfaction.
With over 25 years of experience in the Automotive industry, Mr. King has held multiple leadership roles focused on creating value for clients across the automotive ecosystem, including OEMs, Dealers, Financial Institutions, Insurers and Software providers. Most recently, he was President of the Data & Analytics Division & Chief Product Officer of JD Power, where he led the significant expansion of business units focused on analytics, including the Power Information Network (PIN) and Valuation Services (Used Car Values and Residual Values), while bringing multiple new products successfully to market.
Widely acknowledged as a leading authority on Automotive Market Dynamics, he regularly provides perspective on the state of the automotive industry in media outlets like Forbes, MSN and CNBC.
Prior to joining JD Power, Mr. King was in Global Market and Industry Analysis at General Motors. There, he analyzed the U.S. automotive industry, focusing on sales, pricing and incentive dynamics.
Mr. King received a master’s degree in materials science, economics and management from the University of Oxford in England.
Jonathan Banks
Jonathan Banks
Jonathan Banks is Vice President & GM, Vehicle Valuations at JD Power. Under Mr. Banks’ leadership, his market intelligence and analytical teams deliver accurate and timely residual values & used car and truck valuations for the automotive industry, financial institutions, businesses, and consumers. Additionally, Mr. Banks analyzes market data at both the auction and retail level of the new and used vehicle market and develops analytical support for the myriad decisions along the vehicle value chain from product development to remarketing. Banks also serves as one of the division’s primary media spokespeople on issues affecting the automotive industry and its consumers.
With 20 years of experience in the automotive industry, Mr. Banks is a well respected expert, speaking at many of the major automotive conferences and conventions across the country. He is also a trusted source for the media and has been quoted in various publications, including The Wall Street Journal and USA Today.
Prior to NADA Used Car Guide, Mr. Banks worked as a senior director and manager at ALG for 13 years. At ALG, he helped establish a series of successful initiatives to improve and streamline the use of used vehicle market and pricing data to improve its forecasting model.
Mr. Banks received his undergraduate degree from UC Santa Barbara and his MBA from Pepperdine University as well as a graduate certification in Foundations of Business Analytics. Outside of the office, Banks enjoys traveling, music, watching baseball, reading and just about anything outdoors.
Tyson Jominy
Tyson Jominy
Tyson Jominy has worked for JD Power and the Power Information Network since September 2009, advising OEMs on pricing and incentives for new and used car sales.
His insights are regularly quoted in media outlets like CNN, MSN and Business Insider.
Prior to joining JD Power, Mr. Jominy worked for Ford Motor Company and Nissan North America, where he held several positions within finance and sales & marketing, leading OEM projects in product development, manufacturing operations, pricing and financial control. Additionally, he has managed financial forecasting and planning in the CPG industry and advised executives in corporate development and M&A in the energy sector.
Mr. Jominy has a bachelor’s degree in finance from Indiana University in Bloomington, IN and a master’s of business administration from The University of Chicago Booth Graduate School of Business in Chicago, IL.
Mike Buckingham
Mike Buckingham
Mike leads the Power Information Network (PIN) Automotive Finance Practice in the US and Canada.
As an industry thought leader, he represents JD Power within the automotive finance industry and provides lender clients with strategic direction on how to create products that focus on key measures, including price, risk, advance and term. Mike and his team rely heavily on the PIN Navigator®, a real-time automotive lending information and decision-support tool that collects and analyzes new- and used-vehicle retail transactions daily from thousands of automotive franchises, for their strategic input.
Mike has been in the indirect auto financing industry for more than 30 years. Prior to joining JD Power in 2013, Mike was the President & CEO of Hyundai Capital America, the financing arm for Hyundai and Kia Motors. He has also held several senior positions at Bank One, Chrysler Financial and Citicorp Acceptance.
Mike holds a Bachelor’s degree in Finance from the University of Houston.