HYUNDAI ELANTRA EARNS HIGHEST RESIDUAL VALUE IN ITS CLASS IN THE 2011 ALG RESIDUAL VALUE AWARDS

Posted on 17. Nov, 2010 by in Hyundai Canada

ALG, a attention benchmark for residual values and debasement data, currently announced a 12th annual Residual Value Awards, honoring vehicles opposite 19 opposite segments and dual brands that are likely to keep a top commission of their MSRP after a three-year period. The 2011 Hyundai Elantra surfaced a rival compress segment, winning ALGs endowment for a top residual value in a class.

The 2011 Residual Value Awards are formed on a whole indication year foresee of 2011 products. Award winners are dynamic by clever investigate of a foe in any segment, chronological car opening and attention trends. Vehicle quality, prolongation levels relations to direct and pricing and selling strategies are among a pivotal factors that impact ALGs residual value forecasts.

Hyundais win of a mid-compact shred highlights a flourishing repute of a brand, as good as a considerable new product push, pronounced Raj Sundaram, Senior Vice President, Solutions Group and ALG. The all-new 2011 Elantra shines with customary lush facilities and a medium cost tag, and a approaching to be a favorite of immature drivers like a VW Jetta and Mazda3 before it.

The all-new 2011 Elantra encompasses Hyundais latest ambitions including Fluidic Sculpture design, modernized reserve technologies and best-in-class 40 mpg highway fuel economy. It took 33 months to rise a all-new Elantra and 4 years to move it to market. The 2011 Elantra launches with new 1.8-liter Nu engine and in-house six-speed involuntary transmission.

Achieving such extensive value influence speaks to a altogether peculiarity and consequence of a Elantra, pronounced Mike OBrien, clamp president, Product and Corporate Planning, Hyundai Motor America. Vehicles that keep their value in a long-term offer a reduce altogether cost of tenure to a customer, permitting Hyundai to offer clever franchise options to consumers and improved resale value during trade-in time for the business who squeeze their vehicles.

For some-more information and a finish list of winners, visit: www.alg.com.

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