TORRANCE, Calif., Nov. 17, 2010 /PRNewswire/ -- Acura announced
today that the TL performance luxury sedan received the 2011 ALG
Residual Value Award for Best Near Luxury Car. The ALG Residual
Value Awards recognize the vehicle in each industry segment that is
predicted to retain the highest percentage of original purchase
price after a conventional three-year period.
(Logo: http://photos.prnewswire.com/prnh/20100923/ACURALOGO)
(Logo:
http://www.newscom.com/cgi-bin/prnh/20100923/ACURALOGO)
"It is an honor to win our fourth ALG Residual Value Award for
the Acura TL," said Jeff Conrad,
vice president of Acura sales. "The Acura TL combines the best of
advanced technology, luxury, performance and quality at an
unbeatable value."
ALG determines the award winners after carefully studying the
competition in each segment, historical vehicle performance and
industry trends. Key factors that affect ALG's residual value
forecasts include vehicle quality, production levels relative to
demand, pricing strategies and resale performance.
"The TL offers an unmatched combination of size, technology and
sportiness that buyers love," said Raj Sundaram, SVP, ALG.
"Acura's value pricing was also a major factor in the TL
claiming the top spot in the near luxury category."
Acura
Acura offers a full line of technologically advanced performance
luxury vehicles through a network of 270 dealers within
the United States. The 2011 Acura
lineup features six distinctive models including the RL luxury
performance sedan, the TL performance luxury sedan, the TSX sports
sedan, the turbocharged RDX luxury crossover SUV, the MDX luxury
sport utility vehicle and the all-new ZDX four-door sports
coupe.
About ALG
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).
For media information and high-resolution photos of all Acura
vehicles, please visit www.acuranews.com. For consumer information,
please visit www.acura.com.
SOURCE Acura