Brand New Vehicle Customer Satisfaction Studies

J.D. Power Asia Pacific September Report -
Customer Satisfaction Study in the Phils:
After-Sales Service

J.D. POWER Asia Pacific Press Release image

J.D. Power Asia Pacific Reports:

Toyota Achieves Highest Ranking in Philippines Customer Satisfaction Study

SINGAPORE: 1 September 2008 — Toyota ranks highest in customer satisfaction with authorized dealer after-sales service in the Philippines,
according to the J.D. Power Asia Pacific 2008 Philippines Customer Satisfaction Index (CSI) StudySM released today.

Now in its eighth year, the study measures new-vehicle owner satisfaction with the after-sales service process by examining dealership
performance in seven factors. In order of importance, they are: problems experienced; service quality; user-friendly service; service
delivery; service advisor; service initiation; and in-service experience. CSI performance is reported as an index score based on a 1,000-
point scale. Overall customer satisfaction shows improvement with a score of 837 this year—an increase of 23 points since 2007.

Among the 0 brands included in the study, Toyota ranks highest, achieving an overall score of 843. Toyota performs particularly well in the areas
of service advisor and service quality. Ford follows Toyota in the rankings with a score of 841. Also ranking above the industry average are
Nissan and Mitsubishi, respectively.

The study finds that customers whose dealers provided explanations of the work performed on their vehicle had higher satisfaction levels,
compared with customers who did not receive explanations. On average, satisfaction was 4 points higher than the industry average when
customers received explanations. In contrast, when dealers did not provide explanations, satisfaction averaged 49 points lower than the
industry average. In 2008, 8 percent of customers report that their dealer did not offer an explanation of the work performed on their vehicle.

“Customers are concerned about what work is being performed on their vehicle, and want to be kept informed, even for routine maintenance,”
said Taku Kimoto, general manager for the Philippines at J.D. Power Asia Pacific, Singapore. “By making an effort to explain the actual work
done, the dealer demonstrates thoroughness in the work completed. This helps to reinforce customer confidence and trust in the dealership,
which translates into higher customer satisfaction.”

In addition, customers who are highly satisfied with the overall service performance of the dealer have higher levels of advocacy and loyalty to
both the vehicle brand and dealer. Approximately 85 percent of customers who report that they are highly satisfied with their dealer’s service
performance say they “definitely will” repurchase the same make, compared with the industry average of 55 percent. Similarly, 81 percent of
highly satisfied customers say they “definitely will” revisit their service dealer for post-warranty service, compared with the industry average
(58%).

“Customer dealership service experiences play an important role in building a lasting relationship for both service and sales,” said Kimoto.
“While the improvement in overall satisfaction demonstrated in 2008 is very encouraging, the challenge for dealerships lies in continuing this
upward momentum against rising customer expectations.”

The 2008 Philippines Customer Satisfaction Index (CSI) Study is based on the responses of more than 1,400 new-vehicle owners who
purchased their personal-use vehicles between September 2006 and June 2007 and took their vehicle for service to an authorized dealer or
service center between September 2007 and June 2008.

About J.D. Power Asia Pacific
J.D. Power in the Asia Pacific region has offices in Tokyo, Singapore and China conducting customer satisfaction research and providing
consulting services in the automotive, information technology and finance industries. Together, the three offices bring the language of customer
satisfaction to consumers and businesses in China, India, Indonesia, Japan, Malaysia, Philippines, Taiwan and Thailand. Information
regarding
J.D. Power Asia Pacific and its products can be accessed through the Internet at www.jdpower.com. Media e-mail contact:
taku_kimoto@jdpower.com.sg.

About J.D. Power and Associates
Headquartered in Westlake Village, Calif., J.D. Power and Associates is a global marketing information services company operating in key
business sectors including market research, forecasting, performance improvement, training and customer satisfaction. The company’s
quality and satisfaction measurements are based on responses from millions of consumers annually. J.D. Power and Associates is a
business unit of The McGraw-Hill Companies.

About The McGraw-Hill Companies
Founded in 1888, The McGraw-Hill Companies (NYSE: MHP) is a leading global information services provider meeting worldwide needs in the
financial services, education and business information markets through leading brands such as Standard & Poor’s, McGraw-Hill Education,
BusinessWeek and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2007 were $6.8 billion.
Additional information is available at http://www.mcgraw-hill.com