In its 5th Annual Canadian Residual Value Awards, ALG rates Honda and Acura as top Mainstream and Premium brands respectively, with Toyota taking several honors as well.
Find out where other automaker brands fared in the annual presentations.
Honda returns to the top ranking among Mainstream brands after a four-year hiatus while Acura ranks highest for the first time over Infiniti, the previous recipient of the Premium Brand award for the past four years. Also noteworthy are the Toyota family of brands, which walked away with the five segment awards and Subaru, a perennial strong performer, which netted three segment awards.
ALG’s Residual Value Awards honour the vehicles that are forecast to retain the highest percentage of MSRP after a three-year period for luxury brands and a four-year period for mainstream brands. Award recipients are 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. Awards are given in 22 vehicle segment categories and two brand categories (Mainstream and Premium).
Among the segment awards, the Cadillac ATS, Infiniti JX and Subaru BRZ are all-new models, each of which took top spots in their respective segments. The ATS marks the first Canadian Residual Value Award for Cadillac and only the second by a domestic automaker. In two hotly contested segments, the redesigned Honda Accord received the award in the Midsize Car segment, while the Subaru Impreza received the award in the Compact Car segment. Among Alternative Fuel vehicles, the Volkswagen Golf TDI and Audi A3 TDI were repeat winners in the Mainstream and Premium categories respectively.