USA - Land Rover/Range Rover cleans up at the ALG residual Awards, taking four awards in total.

- Land Rover awarded for "Best Premium Brand"

- The 2016 Range Rover awarded "Best Premium Full-Size SUV"

- The 2016 Range Rover Sport awarded "Best Premium Mid-size (two row) SUV

- The 2016 Discovery Sport awarded Premium Compact SUV

- ALG Residual Value Awards recognize automakers' outstanding achievements for vehicles predicted to retain highest percentage of original price after three-year period

Land Rover North America is proud to announce that the luxury automotive brand has been honored with four 2015 ALG Residual Value Awards for "Best Premium Brand," "Best Premium Full-Size" for the 2016 Range Rover, "Best Premium Mid-size (two row)" for the 2016 Range Rover Sport and "Best Premium Compact SUV" for the 2016 Discovery Sport. 

ALG is the industry benchmark for residual values and depreciation data. This is the brand's second consecutive win, and marks the tenth win in eleven years for the Range Rover Sport.

The annual ALG Residual Value Awards recognize automakers' outstanding achievements for vehicles that are predicted to retain the highest percentage of their original price after a conventional three-year period. 

Awards are given in 26 vehicle categories and also for the two brands with the highest overall predicted residual values among all mainstream and all premium vehicles. This year's awards are based on 2016 model year vehicles.

"Being named Best Premium Brand for retaining value by ALG is another significant achievement for the Land Rover brand here in the United States, where new model launches and growing brand appeal have led to record sales," said Joe Eberhardt, President & CEO, Jaguar 

Land Rover North America. "Being recognized by ALG for retaining value over three years demonstrates that Land Rover is not only the pinnacle of SUVs, but a great value as well."

The fourth-generation Range Rover debuted in 2013 as the world's first luxury SUV with aluminum unibody construction for significantly improved strength, agility and improved fuel efficiency. Underlining its status as the ultimate luxury SUV, the Range Rover receives a comprehensive suite of revisions for 2016. 

Key updates include a more powerful V6 engine, the addition of a new turbo-diesel powertrain and all-new driver assistance features. 

The roomiest (especially in long-wheelbase form) and most luxurious Range Rover ever, the model still retains the true dual-purpose spirit of the original, combining impeccable British craftsmanship and serene on-road comfort with the brand's renowned all-terrain capability.

Developed alongside the new-generation Range Rover, the Range Rover Sport delivers exceptional on-road dynamics with genuine Land Rover all-terrain capability. The Range Rover Sport presents an assertive and muscular exterior, luxurious interior, and the practical flexibility provided by the option of 5+2 third row seating for occasional use.

The Land Rover Discovery Sport is a versatile and capable premium compact SUVs. The first member of the new Discovery family, Discovery Sport, features optional 5+2 seating in a footprint no larger than existing 5-seat premium SUVs. 

The progressive new design approach of the Discovery Sport defines the new Discovery family with optimized volume, proportions and stance.

For the full year 2014, Land Rover brand U.S. sales reached a new all-time high of 51,465 units, with sales led by the brand volume leader Range Rover Sport.  For 2014 CYTD, the Land Rover brand sales are now up 32 percent.

"For generations, the Land Rover brand has been synonymous with genuine capability and dignified luxury," said Eric Lyman, vice president of industry insights for ALG.  

"A newly expanded lineup and enhanced luxury amenities have served only to increase demand for Land Rover products allowing for limited incentive spending and high residual values. 

Land Rover embodies what it means to travel in style and comfort to any destination, making it one of the most respected brands in the auto industry."

Award winners are determined through careful study of the competition in each segment, historical vehicle performance and industry trends. Vehicle quality, production levels relative to demand and pricing and marketing strategies represent key factors that impact ALG's residual value forecasts.

USA - Chevy Tahoe wins ALG Residuals award 2015.

ALG, the analytics division of TrueCar Inc., awarded the 2015 Chevrolet Tahoe its annual Residual Value Award. The award honors vehicles and brands predicted to retain the highest percentage of their original price after three years.

“The Chevrolet Tahoe is the best-selling full-size SUV and sales of the all-new model remain popular with customers as retail sales are up 41 percent year to date” said Sandor Piszar, Chevrolet director of truck marketing. “This award proves that the Tahoe not only offers class-leading technology and performance at a great value at the point of purchase, but also provides great value when it comes time to sell as well.”

ALG recognizes 26 vehicles with segment awards, along with two brands representing the Mainstream and Premium sectors of the industry. This year’s awards are based on 2015 model year vehicles.

Chevrolet’s Tahoe received the award in the Fullsize Utility Vehicle category. It is the first time the Tahoe has received the award.

"The Chevy Tahoe, along with GM's other truck-based utilities, are among the best in the business for hauling families and all their stuff," said Larry Dominique, president of ALG. "With the improvements to the drive experience, capabilities, fuel economy and comfort for 2015, the Tahoe will remain the vehicle of choice for thousands of buyers who need all it can offer, and we expect this demand to drive impressive value retention."

Award winners are determined through careful study of the competition in each segment, historical vehicle performance and industry trends. Vehicle quality, production levels relative to demand, and pricing and marketing strategies represent key factors that impact ALG’s residual value forecasts.

USA - 2015 Dodge Cgarger takes ALG Residual Award for the first time.

• New 2015 Dodge Charger recognized with ALG Residual Value Award for the first time
• Residual Value Awards recognize the vehicles and brands that stand out from the rest of the market by representing quality, long-term reliability and strong desirability

The new 2015 Dodge Charger has received the Residual Value Award in the “Fullsize Car” category from ALG, the industry benchmark for residual values and depreciation data.

The annual ALG Residual Value Awards recognize vehicles that are predicted to retain the highest percentage of their original price after a conventional three-year period. This is the Charger’s first Residual Value Award in the Fullsize Car category.

“We’ve seen some amazing used market retention from the Charger over the years, and buyers clearly love its unique execution,” said Larry Dominique, President of ALG. “With the improvements Dodge has baked in for 2015, it should continue to lead the Fullsize segment going forward.”

ALG recognizes 26 vehicles with segment awards. Award winners are determined through careful study of the competition in each segment, historical vehicle performance and industry trends. Vehicle quality, production levels relative to demand and pricing and marketing strategies represent key factors that impact ALG’s residual value forecasts.

“The new 2015 Dodge Charger is unique in its segment, delivering unrivaled rear-wheel-drive performance and attitude,” said Tim Kuniskis, President and CEO – Dodge and SRT Brands, Chrysler Group LLC. “This award from ALG is a testament to how well the Charger holds it value, as well as to all the updates we’ve made for 2015, including a new exterior, a standard new state-of-the-art eight-speed automatic transmission and several new models, including the all-new 707 horsepower Dodge Charger SRT Hellcat.”

New 2015 Dodge Chargers are starting to arrive in dealerships this month. Production of the 2015 Dodge Charger Hellcat will start in the first quarter of 2015.

USA - Subaru wins three gongs at the ALG Residual Value awards 2015

• 15th Annual ALG Awards Honor 2015 Vehicles Predicted to Hold Value
• Legacy, WRX and Outback Top Respective Segments

Subaru of America, Inc. announced today that it has received three Residual Value Awards from ALG, the analytics division of TrueCar, Inc. (NASDAQ: TRUE) and the industry benchmark for projecting future vehicle values and depreciation data. The annual ALG Residual Value Awards honor the vehicles and brands that are predicted to retain the highest percentage of their original price after a conventional three-year period.

• Subaru, which is enjoying record sales in 2014, won awards in several segments:
• Subaru Legacy – Best Midsize Car
• Subaru WRX – Best Sports Car
• Subaru Outback – Best Midsize Utility 2 Row

These three ALG Residual Value awards join nine other segment awards which Subaru has received over the years. Outback and Legacy received Residual Value honors in 2011 and 2012, along with the Forester in 2011. Subaru was also recognized by ALG as the Best Mainstream Brand in 2010, 2011 and 2012.

“This is exciting news for Subaru,” said Thomas J. Doll, president and chief operating officer, Subaru of America, Inc. “We are pleased to receive awards in the three categories – midsize sedan, sports car and midsize utility – a testament to the inherent value in Subaru products.”

“Subaru's redesign for the 2015 Legacy and Outback make these vehicles some of the most refined in their segments,” said Larry Dominique, President of ALG. “There is little doubt that they'll continue to elicit the strong brand loyalty that Subaru is known for, while enabling the brand to conquest sales from other entries in their segments.” Speaking on the Subaru WRX, Dominique added, “The WRX is an incredible entry that kicks up the excitement significantly from the previous model.”

ALG recognizes 26 vehicles with segment awards, along with two brands representing the Mainstream and Premium sectors of the industry. This year’s awards are based on 2015 model year vehicles.

Award winners are determined through careful study of the competition in each segment, historical vehicle performance and industry trends. Vehicle quality, production levels relative to demand, and pricing and marketing strategies represent key factors that impact ALG’s residual value forecasts.

USA - Mazda3 takes award for residual value in the compact car segment for the 2nd year running.

The 2015 Mazda3 today received a Residual Value Award for the Compact Car Segment by ALG, making it the second straight year Mazda3 has won the award and third since 2010. 

ALG, the analytics division of TrueCar, Inc., is the industry benchmark for projecting future vehicle values and depreciation data. The annual ALG Residual Value Awards honor the vehicles and brands that are predicted to retain the highest percentage of their original price after a conventional three-year period.

"We are honored that Mazda3 has been recognized by ALG for the second year in a row," said Jim O'Sullivan, president and CEO, Mazda North American Operations (MNAO). "It is a true testament of the quality, dependability, reliability and value of the Mazda3, which has only made this segment leader stronger and customers have spoken by making it the best-selling Mazda vehicle."

ALG recognizes 26 vehicles with segment awards, along with two brands presenting the Mainstream and Premium sectors of the industry. This year's awards are based on 2015 year vehicles.

"Mazda kept the 2015 pricing flat on the Mazda3, allowing it to remain one of the best values in the Compact segment, and earn its second straight Residual Value Award," said Larry Dominique, President of ALG. "Not only that, but the Mazda3 is one of the best all-around vehicles in the Compact segment."

Previous ALG Residual Value Awards winners for Mazda were the 2014 Mazda3 (Compact Car), 2012 Mazdaspeed3 (Sporty Car), 2011 CX-9 (Mid-Size Utility) and 2010 Mazda3 (Compact Car).

Award winners are determined through careful study of the competition in each segment, historical vehicle performance and industry trends. Vehicle quality, production levels relative to demand, and pricing and marketing strategies represent key factors that impact ALG's residual value forecasts.

Starting at $16,945, the 2015 Mazda3 includes an array of new standard features and package content such as the manual transmission option for the more powerful SKYACTIV-G 2.5L. 

Touting exceptional styling and an impressive 41 mpg highway, the 2015 Mazda3 is also incredibly fun to drive. Similar to its new-generation SKYACTIV^® Technology and KODO "Soul of Motion"-designed brethren such as the CX-5 compact SUV and Mazda6 mid-size sedan, Mazda's compact car has earned itself critical acclaim by topping "Best Car" lists and receiving "Car of the Year" nods.

Mazda3 also saw the introduction of another game-changing Mazda-developed technology known as MAZDA CONNECT™. A next-generation in-vehicle connectivity system, MAZDA CONNECT's seven-inch full-color touchscreen hub will make its way into the rest of the brand's full lineup. 

Based on the heads-up cockpit concept, this new Human Machine Interface (HMI) system aims to aid drivers in maintaining a proper driving posture, keep a concentrated focus on the road ahead and promoting safer habits while behind the wheel.

USA - Mercedes-Benz leads segment for residual value for full-sized commercial vehicles.

• The original European full-size commercial van continues to lead its segment in overall residual value in the US
• Sprinter full-size commercial van sales are up 17.4% YTD in 2014 in the US, the second largest global vans market for Mercedes-Benz
  • MY2015 Sprinter enhancements include optional 4x4 (Q1/2015 intro) and super high roof, and standard equipment now includes Crosswind Assist on 2500 models and extended service intervals up to 20,000 miles
  • Fuel-efficient 4-cylinder BlueTEC clean diesel powertrain has a 50% take rate.
• 2016 Mercedes-Benz Metris midsize commercial van joins the M-B Vans US portfolio in Fall 2015 in both cargo and passenger variants.

Mercedes-Benz today announced that it has received a Residual Value Award from ALG, the analytics division of TrueCar, Inc. (NASDAQ: TRUE) as the industry benchmark for projecting future vehicle values and depreciation data. The annual ALG Residual Value Awards honor the vehicles and brands that are predicted to retain the highest percentage of their original price after a conventional three-year period.

ALG recognizes 26 vehicles with segment awards, along with two brands representing the Mainstream and Premium sectors of the industry. This year's awards are based on 2015 model year vehicles.

"We are pleased to receive the ALG Residual Value Award for the 2015 Sprinter, which further einforces its top TCO (total cost of ownership) credentials," said Bernie Glaser, Vice President and Managing Director of Daimler Vans USA, LLC. "As a premium product, the Sprinter continues to lead residual value development in the full-size commercial vehicle segment. Other ownership benefits continue to include excellent safety/ergonomics and a premium ownership experience."

"The Sprinter's 2014 redesign has enabled it to stay at the top of the segment that it revolutionized," said Larry Dominique, President of ALG. "While several other European-style vans have been hitting the market, Sprinter's retention has consistently been best in class."

In the US full-size commercial van segment, sales of the Sprinter continue to be brisk, up 17.4% YTD. Last year, the MY2014 brought new major enhancements such as a fresh and confident new front end exterior design, 4-cylinder BlueTEC clean diesel powertrain that already plays a similar role as its big brother, the V6, and upgrades of safety and infotainment.

This year, model year 2015 is even more exciting for the Sprinter, with the addition of standard Crosswind Assist on all 2500 models and increased service intervals of up to 20,000 miles (MY 2014 service intervals were up to 15,000 miles). An optional Sprinter 4x4 version of both cargo and passenger versions will also be added in Q1/2015, which will be the only ex-factory four-wheel drive system on the market for a commercial van in the USA. Additionally, the optional super high roof sets the industry standard with an interior roof height of up to 7 feet. And the SULEV option for our standard 4-cylinder BlueTEC engine is the first SULEV diesel engine worldwide and underscores our commitment to 'Green Leadership.' All of these features highlight the position of the Sprinter as the most innovative large van in the segment.

Independent from the model year, up to 75% of all Sprinters are upfitted – from extra shelving through extensive Recreational Vehicle modifications.

Several weeks ago, MBUSA Vans announced at the 2014 SEMA (Specialty Equipment Manufacturer's Association) Convention that it is bringing a new midsize commercial van to the US and Canada in Fall 2015 called the Mercedes-Benz Metris. Sold around the world as the Vito, it will be sold as both a cargo and passenger version. Larger than other recent smaller commercial van entries from domestic US commercial van manufacturers, it will not have any competitors at the time of its market introduction. Ownership benefits will also include a right-sized approach for top levels of TCO, safety and ergonomics, and a premium ownership experience.

USA - Honda takes triple win at 2015 ALG Residual Value Awards

Awards underscore Honda's commitment to overall customer value and positive ownership experience

Honda has earned multiple accolades in the annual ALG Residual Value Awards for the third consecutive year. The Honda Odyssey, Honda Fit, and Honda CR-V each received individual Residual Value Awards as the highest ranked vehicles in their respective segments.

As the leading provider of residual value information to the automotive industry, ALG's annual Residual Value Awards (https://www.alg.com/residual-value-awards/) recognize automakers' outstanding achievements for vehicles that are predicted to retain the highest percentage of their original price after a conventional three-year period.

"One of Honda's key priorities is to offer our customers vehicles that hold their value throughout the ownership experience," said Jeff Conrad, senior vice president and general manager of the Honda Division of American Honda Motor Co, Inc. "Our brand is committed to retail sales leadership through top-quality, well-equipped vehicles, and that sets Honda apart in a way that benefits our customers now and in the years to come."

Honda continues to offer vehicles that present owners with exceptional value for the long-term. For ALG, the Odyssey (automobiles.honda.com/odyssey/), ranked highest in the Best Minivan (MPV) category, retaining the top spot for the fourth consecutive year. 

The Fit (automobiles.honda.com/fit/) received a Residual Value Award for the seventh consecutive year in the Sub-Compact Car category. The Honda CR-V (automobiles.honda.com/cr-v/) secured the top position in the Compact Utility category. Since 2000, the Honda brand has earned 35model awards and eight overall brand awards from ALG.

"Honda comes to these segments with great products and great sales strategies," said Larry Dominique, President of ALG. "With strong transaction prices bolstered by low incentives and very few fleet sales, Honda has continued to achieve top residuals with each of these vehicles."

Award winners are determined through careful study of the competition in each segment, historical vehicle performance and industry trends. Vehicle quality, production levels relative to demand, and pricing and marketing strategies represent key factors that impact ALG's residual value forecasts.

Additional media information, including detailed pricing features and high-resolution photography of the 2015, CR-V, Fit and Odyssey are available at www.hondanews.com. Consumer information is available atautomobiles.honda.com.

USA - MINI takes two awards at 2015 ALG Residual Value Awards.

15th annual ALG awards honor 2015 vehicles predicted to hold value

MINI USA today announced that the company has received two Residual Value Awards from ALG, the analytics division of TrueCar, Inc., and the industry benchmark for projecting future vehicle values and depreciation data.  The awards were given to the MINI Hardtop and the MINI Countryman models in the Premium Compact Car and Subcompact Utility Vehicle categories, respectively.

“The MINI Hardtop and MINI Countryman are both premium vehicles and the most popular models among the MINI product line,” said David Duncan, Vice President MINI of the Americas. “The new MINI Hardtop offers standard safety and technology features that were once limited to luxury vehicles, while the MINI Countryman continues to be one of the safest vehicles in its segment winning the IIHS Top Safety Pick for the fourth year in a row.”

The annual ALG Residual Value Awards honor the vehicles and brands that are predicted to retain the highest percentage of their original price after a conventional three-year period. ALG recognizes 26 vehicles with segment awards, along with two brands representing the Mainstream and Premium sectors of the industry. This year’s awards are based on 2015 model year vehicles.

"MINI models have won a number of Residual Value Awards over the years, largely due to the iconic styling and the brand's sales strategies," said Larry Dominique, President of ALG. "Buyers are willing to pay a price premium for MINI products because of their distinctive style and great driving experience, and the Countryman adds lots of utility to that equation."

Award winners are determined through careful study of the competition in each segment, historical vehicle performance and industry trends. Vehicle quality, production levels relative to demand, and pricing and marketing strategies represent key factors that impact ALG’s residual value forecasts.

USA - Land Rover awarded twin awards at the 2015 ALG Residual Value Awards.

• Land Rover awarded for "Best Premium Brand"
• The 2015 Range Rover awarded "Best Premium Midsize Utility Vehicle"

Land Rover North America is proud to announce that the luxury automotive brand has been honored with two 2015 ALG Residual Value Awards for "Best Premium Brand" and "Best Midsize Utility Vehicle - 2 Row" for the 2015 Range Rover Sport. ALG is the industry benchmark for residual values and depreciation data. This marks the ninth win in ten years for the Range Rover Sport.

The annual ALG Residual Value Awards recognize automakers' outstanding achievements for vehicles that are predicted to retain the highest percentage of their original price after a conventional three-year period. Awards are given in 26 vehicle categories and also for the two brands with the highest overall predicted residual values among all mainstream and all premium vehicles. This year's awards are based on 2015 model year vehicles.

"For Land Rover to be named Best Premium Brand by ALG in such a competitive segment is a real honor and testament to the quality, design and value we provide with each model in our family of vehicles, said Kim McCullough, Vice President of Marketing, Jaguar Land Rover North America. "We're also thrilled to see the Range Rover Sport win its ninth award, proving to be our strongest residual value model, as well as the best-selling model for Land Rover here in the U.S."

The second-generation Range Rover Sport is the fastest, most agile and responsive Land Rover vehicle ever. The Range Rover Sport delivers exceptional on-road dynamics with genuine Land Rover all-terrain capability. The technologically advanced Range Rover Sport presents an assertive and muscular exterior, luxurious interior and the practical flexibility provided by the option of 5+2 third row seating for occasional use.

In 2013, Land Rover set a new full year sales record, up 15 percent on the prior year following an incredible performance from Range Rover Sport which was close to equaling its prior record set in 2007. For 2014 CYTD, the Land Rover brand sales are now up 6 percent.

"Land Rover's extremely strong brand stands for unparalleled capability paired with ultimate luxury. This brand equity helps maintain strategies like low incentives that help to bolster residual values year after year," said Larry Dominique, President of ALG. "In addition, the Range Rover Sport has had a remarkable run of Residual Value Awards, with nine in the past decade, it's one of the best examples of Land Rover's mix of luxury, style and capability over any terrain."

Award winners are determined through careful study of the competition in each segment, historical vehicle performance and industry trends. Vehicle quality, production levels relative to demand and pricing and marketing strategies represent key factors that impact ALG's residual value forecasts.

First Hyundai to hit 10 Million sales, that will be the Elantra.

First Hyundai Vehicle to Reach Historic Milestone

Hyundai’s award-winning Elantra, also known as Avante in other parts of the world, recently sold its 10 millionth unit globally. Elantra is Hyundai’s first model, and one of only 10 cars in the history of the auto industry, to reach 10 million sales. Elantra was launched 24 years ago in 1990 and was able to reach this mark by selling an average of 420,000 per year or approximately 1,100 a day.

In the U.S. market, Elantra won the prestigious North American Car of the Year award in 2012 and is built at Hyundai Motor Manufacturing Alabama in Montgomery, Ala. Along with Sonata, Elantra is Hyundai’s volume leader, helping Hyundai set a U.S. sales record in each of the past four years.

“Reaching this historic mark is a testament to Elantra’s staying power and the global appeal of a vehicle that delivers design, functionality and performance,” said Bob Pradzinski, vice president of National Sales, Hyundai Motor America. “As a company it also shows our ability to quickly adapt to changing consumer preferences and continue to push the compact car segment with features once reserved for luxury vehicles.”

The current version of Elantra continues its high value proposition as a strong choice in the highly-competitive compact car segment. This has been validated by several coveted accolades over the model’s lifecycle, including ranking the highest in its segment for initial quality in the influential J.D. Power 2014 U.S. Initial Quality Study^SM (IQS). Elantra is also the three-time recipient (2011, 2012 and 2013) of the ALG Residual Value Awards and remains one of the top-shopped vehicles in the segment.