Filed under: LA Auto Show , Land Rover , Toyota , Ownership “Residual value is important for automakers and consumers because it’s a complete indicator of the vehicle’s future value.” – Larry Dominique Toyota and Land Rover took home the top brand honors in ALG’s 2015 Residual Value Awards, which will be presented this week at the Los Angeles Auto Show . Toyota won in the mainstream brand category, while Land Rover was honored in the luxury segment. In addition to brands, ALG recognized vehicles in individual segments, and notable winners included the Mazda3 for compact car, Subaru Legacy for midsize car and Dodge Charger for fullsize car. The Subaru WRX won in the sportscar category, while the Toyota Tundra earned top honors in the fullsize truck segment. “Residual value is important for automakers and consumers because it’s a complete indicator of the vehicle’s future value, accounting for quality, durability and brand desirability, among other factors,” said Larry Dominique, president of ALG and executive vice president of ALG-parent, TrueCar . “The award recipients demonstrate strong forecasted returns on investments for their owners.” There were eight first-time winners this year, including the Charger, WRX, Toyota Prius V and Audi TT . Toyota had the most model winners with six. ALG passed out 26 awards – two for brands and 24 for models – based on vehicles that are expected to retain the best percentage of their MSRP after three years. This was the 15th iteration of the awards, which are given out annually, and you’re welcome to read more in the press release below . Continue reading Land Rover, Toyota big winners in ALG top resale value awards Land Rover, Toyota big winners in ALG top resale value awards originally appeared on Autoblog on Tue, 18 Nov 2014 11:33:00 EST.
Filed under: LA Auto Show , Hybrid , Sedan , Technology , Hatchback , Audi , BMW , Honda , Mazda , Toyota , Diesel The list of finalists for the 2014 Green Car of the Year has been announced, and in a genuinely bizarre twist, there’s only one hybrid and no electric vehicles among the five contestants, despite the arrival of cars like the BMW i3 and Tesla Model S . Taking the place of the EVs are a pair of diesels, repping a technology that last won a Green Car of the Year award in 2009, when the Audi A3 TDI took the title. No diesel was in the running for last year’s award. Naturally, both of the diesel finalists are fielded by the Germans – with BMW’s 328d and Audi’s A6 TDI getting the nod. In the case of the 3 Series , BMW installed a 2.0-liter, turbodiesel, capable of delivering 180 horsepower and 280 pound-feet of torque, while returning 45 miles per gallon on the highway. Audi and its larger, 3.0-liter, V6 turbodiesel produce quite a bit more grunt, with 240 hp and 428 lb-ft of grunt, but net a very impressive 38 mpg on the highway in the A6 . Finalists for this year’s awards include two diesels, three gas-powered cars and a plug-in hybrid. This year’s awards are a coup for gas-powered vehicles, as well. Both the Toyota Corolla and Mazda3 are finalists, with jurors citing the Mazda’s i-ELOOP and Skyactiv technology, which allow the handsome car to net up to 41 mpg. The Corolla, meanwhile, offers a new Eco trim, which can return 42 mpg from its 1.8-liter, naturally aspirated, gas engine.