Subaru of America captures Residual Value Awards

Mon, 21/11/2011

 

Subaru of America has received three Residual Value Awards from ALG, the North American industry benchmark for residual values and depreciation data.

Each year the ALG Residual Value Awards recognize the vehicles predicted to retain the highest percentage of original price after a three-year period.

The company claimed the title of Best Mainstream Brand for the third year in a row.

Subaru also earned Best Midsize Utility Vehicle and Best Midsize Car nods for 2012 Subaru Outback and 2012 Subaru Legacy (Liberty in Australia), respectively.

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 remain the key factors that affect ALG's residual value forecasts.

“The Legacy's standard all-wheel drive, above-average fuel economy and spacious interior appeal to a wide swath of the market, helping to keep demand high,” said Raj Sundaram, for ALG. “With the brawny new generation of Outback, Subaru continues to build on its reputation for delivering what consumers want in a crossover, the handling of a car with great utility and roomy interiors.”

“Subaru is proud to be recognized as a brand that builds safe and reliable vehicles that deliver on our mobility promises and retain value for our owners,” said Thomas J. Doll, Executive Vice President and Chief Operating Officer, Subaru of America, Inc. “We are honoured to have, again, received ALG Residual Value Awards for our brand and two of our popular Symmetrical All-Wheel Drive vehicles.”

Of the Best Mainstream Brand win, ALG's Sundaram remarked: “Subaru continues to draw fiercely loyal devotees who appreciate the brand’s strong quality and ability to remain practical yet progressive in its redesigns. Dependably low incentives and fleet sales have also enhanced its used market image, helping it to retain the top spot for mainstream brand for the third year in a row.”

 

ABOUT SUBARU  

Every Subaru sold in Australia features Symmetrical All-Wheel Drive and a horizontally opposed Boxer engine, standard Vehicle Dynamics Control electronic stability program, and a five-star rating for occupant safety from the independent Australasian New Car Assessment Program (ANCAP). The result - driving confidence.