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Last updated on April 21, 2014 at 9:29 EDT

Subaru Canada: Highest overall predicted resale value in three segments

February 13, 2013

Best-in-class honours awarded to 2013 Impreza, Outback and BRZ.

TORONTO, Feb. 13, 2013 /CNW/ – Subaru Canada, Inc. today announced that
it has received three Canadian Residual Value Awards from automotive
insights company ALG, the industry benchmark for residual values.
Subaru was awarded Residual Value Awards in ALG’s Compact Car, Midsize
Utility and Sports Car categories for its 2013 Impreza, Outback and
BRZ, respectively.

ALG’s Residual Value Awards honour the vehicles that are forecast to
retain the highest percentage of MSRP after a three-year period for
luxury brands and a four-year period for mainstream brands. Award
recipients were chosen after a careful evaluation of vehicle criteria,
including segment competition, historical vehicle performance and
industry trends. This year’s awards are based on 2013 model year
vehicles. Awards are given in 22 vehicle categories and two brand
categories (Mainstream and Premium).

For the fifth consecutive year, the Subaru Impreza remains at the top of
the Compact Car segment. According to ALG, qualities such as
competitive pricing, impressive fuel economy and features like
all-wheel-drive at a minimal price premium support the 2013 Impreza as
the Residual Value Award winner in a hyper-competitive segment.

For the third consecutive year, the Subaru Outback claims the Midsize
Utility Vehicle award. ALG notes that consistently high demand combined
with mid-lifecycle improvements enable Subaru to keep incentive and
daily rental fleet sales to a minimum.

A new contender in a newly renamed category is the 2013 Subaru BRZ,
taking home top honours in the hotly contested Sports Car segment. The
Subaru BRZ receives ALG’s Residual Value Award for successfully
combining practical features such as impressive fuel economy with
emotional aspects like endearing styling and a sporting driving
experience.

“Our approach is designed to give the Subaru driver an unsurpassed level
of confidence behind the wheel,” said Shiro Ohta, president and CEO of
Subaru Canada. “This dedication has helped us consistently rank as one
of the industry’s top manufacturers. Having the highest predicted
resale value in three segments will help more and more Canadians put
Subaru on their shopping lists.”

“Subaru’s steady approach of delivering dependable product with minimal
incentives and fleet make them a consistent Residual Value contender,”
said Geoff Helby, Canada Regional Director for ALG. “This approach is a
winning formula for Subaru and for Canadian consumers.”

About Subaru Canada, Inc.
Subaru Canada, Inc. is a wholly owned subsidiary of Fuji Heavy
Industries Ltd. of Japan. Headquartered in Mississauga, Ontario, the
company markets and distributes Subaru vehicles, parts and accessories
through a network of over 85 authorized dealers across Canada.

About ALG (www.alg.com)
Based in Santa Barbara, California, ALG is the industry standard for
residual values and a leading provider of insights and consulting
services to the automotive industry. ALG publishes the Automotive Lease Guide – the benchmark for residual value expectations in North America, and
has been forecasting automotive residual values for nearly 50 years in
both the U.S. and Canadian markets.

SOURCE Subaru Canada Inc.


Source: PR Newswire