Click to Enlarge.
ALG, a company forecasting future vehicle values, and the analytics subsidiary of TrueCar, Inc. (NASDAQ: TRUE) today announced the winners of the 2019 Residual Value Awards (RVA), ranking Subaru and Land Rover as the top Mainstream Brand and Premium Brand, respectively. The awards will be presented to automakers this week at Automobility LA. ALG has been publishing residual values for all cars, trucks and SUVs in the U.S. for more than 50 years and in Canada since 1981.
The ALG Residual Value Awards recognize vehicles in 26 segments that are projected to hold the highest percentage of their Manufacturer’s Suggested Retail Price (MSRP) after a three-year period.
This year’s recipients have shown strong value in their competitive segments and were chosen from all 2019 model year vehicles on sale in the United States in the Premium and Mainstream segments.
“Strong residual values are the ultimate scorecard for the holistic health of a brand, showcasing the successful management of new vehicle transaction prices and incentives against used vehicle values and re-marketing strategies,” claims Eric Lyman, SVP of ALG. “In this regard, Subaru and Land Rover continue to run the table against the competition, not only taking home the brand award, but nearly sweeping the segment awards across their vehicle line ups in the 2019 ALG Residual Value Awards.”
Award winners are determined through analysis of used vehicle performance, and subjective brand outlook and product competitiveness. Eligibility for a brand award requires a manufacturer to have vehicle entries in at least four different segments. To account for differences across trim levels, model averages are weighted based on percentage share relative to the entire model line.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
Subaru, Land Rover Win ALG Residual Value Awards
Click to Enlarge.
ALG, a company forecasting future vehicle values, and the analytics subsidiary of TrueCar, Inc. (NASDAQ: TRUE) today announced the winners of the 2019 Residual Value Awards (RVA), ranking Subaru and Land Rover as the top Mainstream Brand and Premium Brand, respectively. The awards will be presented to automakers this week at Automobility LA. ALG has been publishing residual values for all cars, trucks and SUVs in the U.S. for more than 50 years and in Canada since 1981.
The ALG Residual Value Awards recognize vehicles in 26 segments that are projected to hold the highest percentage of their Manufacturer’s Suggested Retail Price (MSRP) after a three-year period.
This year’s recipients have shown strong value in their competitive segments and were chosen from all 2019 model year vehicles on sale in the United States in the Premium and Mainstream segments.
“Strong residual values are the ultimate scorecard for the holistic health of a brand, showcasing the successful management of new vehicle transaction prices and incentives against used vehicle values and re-marketing strategies,” claims Eric Lyman, SVP of ALG. “In this regard, Subaru and Land Rover continue to run the table against the competition, not only taking home the brand award, but nearly sweeping the segment awards across their vehicle line ups in the 2019 ALG Residual Value Awards.”
Award winners are determined through analysis of used vehicle performance, and subjective brand outlook and product competitiveness. Eligibility for a brand award requires a manufacturer to have vehicle entries in at least four different segments. To account for differences across trim levels, model averages are weighted based on percentage share relative to the entire model line.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.