Subaru, Land Rover Earn Top Brand Honors in ALG’s Annual Canadian Residual Value Awards

SANTA MONICA, Calif., (February 13, 2019) – ALG, the benchmark for forecasting future vehicle values, and the analytics subsidiary of TrueCar, Inc. (NASDAQ: TRUE) today announced the winners of the 2019 Canadian Residual Value Awards (RVA), ranking Subaru and Land Rover as the top Mainstream Brand and Premium Brand, respectively.

“ALG’s Residual Value Awards annually recognize the collective health of a brand; how the brand successfully manages new vehicle transaction prices and incentives against used vehicle values and remarketing strategies,” said Michelle MacDonald, Senior Manager, Industry Solutions at ALG.

2019 will mark the fourth year that Land Rover will take home the Residual Value Award for Premium Brands. The British utility brand won an award in three of the Premium segments with the Range Rover Sport, Range Rover, and Discovery winning the top spots. Subaru also earned the top Mainstream brand award for the fifth consecutive year capturing awards in four vehicle segments with the Impreza, Crosstrek, Outback, and WRX.

Award winners are determined through analysis of used vehicle performance, brand outlook and product competitiveness. Eligibility for a brand award requires a manufacturer to have vehicle entries in at least four different segments. To account for differences across trim levels, model averages are weighted based on percentage share relative to the entire model line.

Below is the full list of 2019 RVA winners in Canada:

RVA Overall Brand
Mainstream Subaru
Premium Land Rover
RVA Segment Model
Mainstream Cars
Microcar Nissan Micra
Electric Chevrolet Bolt
Subcompact Honda FIT
Compact Subaru Impreza
Midsize Honda Accord
Fullsize Toyota Avalon
Sportscar Subaru WRX
Mainstream Utility
Subcompact Utility Subaru Crosstrek
Compact Utility Honda CR-V
Midsize Utility 2nd Row Seating Subaru Outback
Midsize Utility 3rd Row Seating Honda Pilot
Fullsize Utility Toyota Sequoia
Off-Road Utility Jeep Wrangler
Fullsize Pickup Toyota Tundra
Midsize Pickup Toyota Tacoma
Premium Cars
Premium Compact Mercedes-Benz CLA
Premium Midsize Infiniti Q50
Premium Fullsize Genesis G80
Premium Executive Mercedes-Benz S-Class
Premium Sportscar Jaguar F-Type
Premium Utility
Premium Compact Utility Volvo XC60
Premium Midsize Utility 2nd Row Seating Land Rover Range Rover Sport
Premium Midsize Utility 3rd Row Seating Land Rover Discovery
Premium Fullsize Utility Land Rover Range Rover
Minivan Honda Odyssey
Midsize Commercial Mercedes-Benz Metris
Fullsize Commercial Mercedes-Benz Sprinter