Honda Car Forum


 

Go Back   Honda Car Forum - Accord Parts Civic Tuning Acura Racing > Honda Car > Honda Odyssey

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 02 Dec 2009, 02:30 pm
Administrator
 
Join Date: Aug 2007
Posts: 109,634
Default Three Honda Models Achieve Top Value Rating

Accord, Fit and Odyssey receive ALG's 2010 Residual Value Awards



TORRANCE, Calif. - Dec 02 —

American Honda Motor Co., Inc., today announced that it has received three Residual Value Awards from ALG. ALG's 11th annual Residual Value Awards, for the 2010 model year, honored the vehicles in each industry segment that ALG predicts will retain the highest percentage of their original price after a three-year period.


The Accord won the award in the Best Midsize Car category, the Fit was the winner in the Best Compact Car category and the Odyssey prevailed in the Best Minivan category. Since 2001, the Honda brand has earned 20 model awards and six overall brand awards from ALG.


"In a challenging economy, residual value moves up on the list of buyer considerations," said John Mendel, executive vice president of American Honda Motor Co., Inc. "These ALG awards once again recognize Honda's commitment to offer high-quality products with long-term value."


ALG determines the award winners after carefully studying the competition in each segment, historical vehicle performance and industry trends. Vehicle quality, production levels relative to demand, and pricing strategies are among the key factors that affect ALG's residual value forecasts.


For more information or downloadable high-resolution images of Honda vehicles, please visit www.hondanews.com. Consumer information is available at www.honda.com.


About ALG (www.alg.com)

Based in Santa Barbara, California, ALG is a leading provider of data and consulting services to the automotive industry. ALG publishes the "Automotive Lease Guide" - the standard for Residual Value projections in North America, and has been forecasting automotive residual values for over 40 years in both the U.S. and Canadian markets. ALG is a company of DealerTrack Holdings, Inc. (Nasdaq: TRAK).

Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Acura becomes first brand to achieve top marks from NHTSA and IIHS for whole lineup skylight Acura News 0 01 Apr 2009 03:48 pm
Does anyone know the gas mileage rating on a Honda Element AWD? Waiting on Riley‚ô• Honda Technical 3 06 May 2008 02:46 pm
What is the PSI rating for the radiator cap on a 2006 Honda Civic Ex? ymmot_73110 Honda Technical 1 04 Oct 2007 03:54 pm
I have a 2006 Honda Civic I want to add 186 bhp what steps can I take to achieve this increase? Caramieanne Honda Technical 7 25 Sep 2007 04:00 pm
what is my 2000 Honda civic Si vehicle tow rating? mythighass Honda Technical 3 24 Sep 2007 03:40 am


All times are GMT -5. The time now is 12:58 am.


Attribution:
Honda News | Autoblog
Powered by Yahoo Answers




Powered by vBulletin®
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.6.0 PL2 © 2011, Crawlability, Inc.
HondaCarForum.com is not affiliated with Honda Motor Company in any way. Honda Motor Company does not sponsor, support, or endorse HondaCarForum.com in any way. Copyright/trademark/sales mark infringements are not intended or implied.