Wednesday, February 25, 2015

Honda Canada Presented with Four Value Awards at the Canadian International Auto Show

As Canadian automotive media gather to open the Canadian International Auto Show in Toronto, Honda received four combined awards from Canadian Black Book (CBB) and ALG for overall best retained value and best residual value. The segment awards are received for vehicle quality, reliability and overall value.

“Honda Canada is honoured to be recognized by CBB and ALG for their prestigious value awards,” said Dave Gardner, senior vice president of operations at Honda Canada. “The distinction speaks to the promise of our core brands - reliability, durability and quality – and provides our customers with the knowledge that they are purchasing the highest quality vehicles.”

ALG Awards
ALG's Residual Value Awards honour the vehicles that are forecast to retain the highest percentage of MSRP after 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. Awards are given in 22 vehicle segment categories and two brand categories (Mainstream and Premium). This year’s winners include:

• Compact Utility – Honda CR-V
• Minivan – Honda Odyssey

Canadian Black Book Awards
The Canadian Black Book ‘Best Retained Value Awards’ acknowledge vehicles that retain the highest percentage of their original MSRP after four years. For 2015, this distinctive award program analyzed model year 2011 vehicles in 20 different categories. CBB's awards guide consumers who are looking for vehicles that hold their value best, thereby reducing the total cost of vehicle ownership...a critical consideration when purchasing a vehicle. This year’s winners include:

• Sub-Compact Car – Honda Fit
• Minivan – Honda Odyssey 
 
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