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12/02/2009 - TORRANCE, Calif. -

Acura announced today that for the second consecutive year it received the Automotive Lease Guide (ALG) 2010 Residual Value Award for Best Luxury Brand. According to ALG, Acura's line of luxury performance vehicles is expected to retain the highest percentage of their original price after a three-year period. Acura beat out other luxury brands such as Audi, BMW, Lexus and Mercedes-Benz for the highly coveted award.

"It is an honor to win the award for Best Luxury Brand a second year in a row," said Jeff Conrad, vice president of Acura sales. "It sends a clear message to our customers that Acura vehicles represent a smart choice in today's luxury market".

Residual value is a measure used to recognize vehicle quality, reliability and overall brand strength. 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.

Acura
Acura offers a full line of technologically advanced performance luxury vehicles through a network of 270 dealers within the United States. The 2010 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 award-winning 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 Acura Media Newsroom: Headlines. For consumer information, please visit Acura.com ? Official Home of Acura Cars and SUVs.


12/02/2009 - TORRANCE, Calif. -

American Honda Motor Co., Inc., today announced that it has received three Residual Value Awards from ALG. ALG's 11th annual Residual Value Awards, for the 2010 model year, honored the vehicles in each industry segment that ALG predicts will retain the highest percentage of their original price after a three-year period.

The Accord won the award in the Best Midsize Car category, the Fit was the winner in the Best Compact Car category and the Odyssey prevailed in the Best Minivan category. Since 2001, the Honda brand has earned 20 model awards and six overall brand awards from ALG.

"In a challenging economy, residual value moves up on the list of buyer considerations," said John Mendel, executive vice president of American Honda Motor Co., Inc. "These ALG awards once again recognize Honda's commitment to offer high-quality products with long-term value."

ALG determines the award winners after carefully studying the competition in each segment, historical vehicle performance and industry trends. Vehicle quality, production levels relative to demand, and pricing strategies are among the key factors that affect ALG's residual value forecasts.

For more information or downloadable high-resolution images of Honda vehicles, please visit Honda Media Newsroom. Consumer information is available at Honda.com: Official Site of American Honda Motor Co., Inc..

About ALG (www.alg.com)

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).



 
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