Subaru, Lexus Win Overall Brand Honors in 21st Annual ALG Residual Value Awards
2020年11月18日 - 11:00PM
ALG, Inc., the industry benchmark for forecasting future vehicle
values, and the analytics subsidiary of TrueCar, Inc.
(NASDAQ: TRUE), today announced the winners of the 2021
Residual Value Awards (RVA), ranking Subaru and Lexus as the top
Mainstream Brand and Premium Brand, respectively.
The prestigious ALG Residual Value Awards recognize vehicles in
29 segments that are projected to hold the highest percentage of
their Manufacturer's Suggested Retail Price (MSRP) after a
three-year period, an important consideration for car buyers when
assessing the total cost of ownership for a particular vehicle.
This year's recipients have shown strong value in their competitive
segments and were chosen from all 2021 model year vehicles on sale
in the United States in the Premium and Mainstream
segments.
"Residual values are a key indicator of an automaker’s success
and really help determine the overall health of a brand or certain
model,” said Eric Lyman, Chief Industry Analyst at ALG, a
subsidiary of TrueCar. “Consumers who are looking to buy their next
vehicle need to take residual values into consideration as they
provide insight into the total cost of ownership of a car. New
vehicle buyers can get peace of mind that purchasing a vehicle that
wins the ALG Residual Value Awards will hold more of its value
compared with its peers when it comes time to sell it or trade it
in.”
“Both overall brand winners, Subaru and Lexus, have led in
multiple segment categories this year. Their success across these
segments is a testament to the strength and appeal of their diverse
and balanced vehicle portfolios,” added Lyman.
Subaru leads with the most segment awards in the Mainstream
Brand category, earning four different awards for a variety of
vehicles across different segments their lineup, including the
Subaru Impreza, WRX, Forester and Crosstrek.
Lexus follows Subaru with the most category wins taking home the
top spots in the Premium Executive, Premium Midsize and Premium
Midsize Utility 2-Row Seating segments.
For the first time this year, ALG introduces the Micro Utility
category and Premium Electric category. Mazda took top honors in
the Micro Utility category with the Mazda CX-3 and Tesla Model Y
took top honors in the Premium Electric category.
Award winners are determined through careful analysis of used
vehicle performance, 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.
Below is the full list of 2021 RVA winners:
RVA Overall |
Brand |
Mainstream |
Subaru |
Premium |
Lexus |
RVA Segment |
Model |
Compact |
Subaru Impreza |
Compact Utility |
Subaru Forester |
Fullsize |
Dodge Charger |
Fullsize Commercial Van |
Mercedes-Benz Sprinter |
Fullsize Pickup |
Chevrolet Silverado HD |
Fullsize Utility |
Chevrolet Tahoe |
Mainstream Electric |
Kia Niro EV |
Micro Utility |
Mazda CX-3 |
Midsize |
Hyundai Sonata |
Midsize Commercial Van |
Mercedes-Benz Metris |
Midsize Pickup |
Toyota Tacoma |
Midsize Utility 2-Row Seating |
Honda Passport |
Midsize Utility 3-Row Seating |
Toyota Highlander |
Minivan |
Honda Odyssey |
Off-Road Utility |
Jeep Wrangler |
Premium Compact |
BMW 2 Series |
Premium Compact Utility |
Porsche Macan |
Premium Electric |
Tesla Model Y |
Premium Executive |
Lexus LS |
Premium Fullsize |
Audi A6 Allroad |
Premium Fullsize Utility |
Cadillac Escalade |
Premium Midsize |
Lexus IS |
Premium Midsize Utility 2-Row Seating |
Lexus RX |
Premium Midsize Utility 3-Row Seating |
Land Rover Discovery |
Premium Sportscar |
Chevrolet Corvette |
Premium Subcompact Utility |
Audi Q3 |
Sportscar |
Subaru WRX |
Subcompact |
MINI Cooper |
Subcompact Utility |
Subaru Crosstrek |
About ALG
Founded in 1964 and headquartered in Santa Monica, California,
ALG is an industry authority on automotive residual value
projections in both the United States and Canada. By analyzing
nearly 2,500 vehicle trims each year to assess residual value, ALG
provides auto industry and financial services clients with market
industry insights, residual value forecasts, consulting and vehicle
portfolio management and risk services. ALG is a wholly-owned
subsidiary of TrueCar, Inc., a digital automotive marketplace that
provides comprehensive pricing transparency about what other people
paid for their cars. ALG has been publishing residual values for
all cars, trucks and SUVs in the U.S. for over 55 years and in
Canada since 1981.
About TrueCar
TrueCar is a leading automotive digital marketplace that
enables car buyers to connect to our nationwide network of
Certified Dealers. We are building the industry's most personalized
and efficient car buying experience as we seek to bring more of the
purchasing process online. Consumers who visit our marketplace will
find a suite of vehicle discovery tools, price ratings and market
context on new and used cars -- all with a clear view of what's a
great deal. When they are ready, TrueCar will enable them
to connect with a local Certified Dealer who shares in our belief
that truth, transparency and fairness are the foundation of a great
car buying experience. As part of our
marketplace, TrueCar powers car-buying programs for over
250 leading brands, including AARP, Sam’s Club, and American
Express. Nearly half of all new-car buyers engage
with TrueCar powered sites, where they buy smarter and
drive happier. TrueCar is headquartered in Santa
Monica, California, with offices in Austin,
Texas and Boston, Massachusetts.
For more information, please visit www.truecar.com, and
follow us on Facebook or Twitter. TrueCar media
line: +1-844-469-8442 (US toll-free) |
Email: pr@truecar.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/8a901e22-725f-4870-8987-f8faf550f8da
TrueCar and ALG PR Contact:
Shadee Malekafzali
shadee@truecar.com
424.258.8694
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