Thursday, November 29, 2012
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Tuesday, November 27, 2012
Honda and Acura Rank Highest in ALG’s 14th Annual Residual Value Awards
ALG’s Residual Value Awards honor the vehicles in each segment that are forecast to retain the highest percentage of MSRP after a three-year period. Award recipients were chosen after a careful evaluation of vehicle criteria, including segment competition, historical vehicle performance and industry trends. This year’s awards are based on 2013 model year vehicles.
“Residual value is a complete indicator of vehicle value, taking into account quality, durability and brand desirability,” said Larry Dominique, President of ALG. “The Residual Value Awards measure the most important brand performance metric – the statement consumers make with their wallets when they purchase a vehicle.”
In two of the most hotly contested segments, Midsize and Compact Car, the Honda Accord and Hyundai Elantra ranked highest respectively. In the Midsize Car segment, the Subaru Legacy was second and the redesigned Nissan Altima third. In the Compact Car segment, the Scion TC and Mazda3 rounded out the top three. Among Mainstream brands, Hyundai ranked second overall behind Honda. Scion, part of the Residual Value Award rankings for the first time, ranked third. Infiniti and Audi ranked second and third respectively among Premium brands. Lexus, last year’s highest ranked brand, is now fourth.
“Hyundai’s ascent as a brand is nothing short of impressive,” said Dominique. “Since 2007, when the brand ranked in the bottom quartile for Residual Value, Hyundai has delivered well-executed product, and has kept incentives and fleet – two elements that can quickly damage residual value – in check. And, as demonstrated by the redesigned Santa Fe Sport, they continue to deliver.”
Among Premium brands, Lexus took home segment awards for the redesigned GS and LS models (Premium Fullsize Car, Premium Executive Car respectively) while MINI received awards for the Cooper (Premium Compact Car) and Cooper Countryman (Sub Compact Utility Vehicle).
In the Alternative Fuel segments, the Toyota Prius c and Mercedes-Benz ML350 BlueTEC received awards.
Based in Santa Barbara, California, ALG is a leading provider of insights and consulting services to the automotive industry. ALG publishes the Residual Value Guidebook – the benchmark for residual value projections in North America, and has been forecasting automotive residual values for nearly 50 years in both the U.S. and Canadian markets.
Courtesy of: http://bit.ly/VafDVx
Monday, November 26, 2012
Drive away today in the 2013 Acura ILX at Karen Radley Acura
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Tony Stark's Car From 'The Avengers' Is Worth $10 Million
Acura, Honda's luxury brand, had a big presence in "The Avengers;" many of the characters appeared driving various models.
The most impressive of the lot came at the end of the film, when Tony Stark hopped behind the wheel of a concept roadster Acura created for the occasion.
To draw some attention at SEMA, Acura brought a model of the car, and came up with some specs and a sticker price to go with.
Stark's car is powered by "Palladium," gets 234 mpg in the city, and costs more than $10 million with extras, according to the Detroit Free Press.
Just don't expect to see it on the road.
Source: Business Insider