PRLog (Press Release)– Mar 09, 2011– Infiniti has received 2 prestigious honors in the twelfth annual ALG Residual Value Awards - "Best Luxury Fullsize Utility" for the 2011 Infiniti QX56 and the overall "2011 Best Luxury Brand." The ALG Residual Value Awards recognize the brands and vehicles in each industry segment that are predicted to retain the highest percentage of MSRP after a conventional 3 year period. http://www.infinitiofpeoria.com
"Infiniti has refreshed its lineup with great new designs and a host of new technology that is resonating with consumers," said Raj Sundaram, SVP, Solutions Group and ALG. "As a result the brand has a higher profile and transaction prices have gone up, both major factors in its finish at the topbuick of the luxury market this year."
"It's an honor to be recognized as having the highest projected resale value of any luxury brand in America," said Infiniti Vice President Ben Poore. "The Way of Infiniti is all about providing the best experience for our customers, from the day they first walk into an Infiniti showroom throughout the entire ownership experience. This recognition from ALG is another assurance to our clients that they can purchase an Infiniti with confidence."
Award winners are determiaudined through careful study of the competition in each segment, historical vehicle performance and industry trends. Vehicle quality, production levels relative to demand, and pricing and marketing strategies are among the key factors that affect ALG's residual value forecasts. Awards are made in nineteen vehicle categories and also for the two brands with the highest overall predicted residual values among all mainstream and all luxury vehicles. This year's awards are based on 2011 model year vehicles.
"The new QX56 blends a luxurious and comfortable interior with cutting-aston martinedge technology and impressive power. These attributes were major factors in its finish at the top of the luxury fullsize utility vehicle category," added Sundaram.
About ALG
Based in Santa Barbara, Califocar newsrnia, 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 forty-five years in both the U.S. and Canadian markets. Visit www.alg.com for more information.
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