More Awards and Accolades Won by Honda!

Honda Wins ALG's 2013 Residual Value Award for Best Mainstream Brand Topping All Other Competitors in Long Term Value

2013 Accord, Odyssey and Fit Each Top Value Ratings

 

American Honda Motor Co., Inc. received multiple 2013 Residual Value Awards from ALG, including the top honor of Best Mainstream Brand. Additionally, the 2013

Honda Accord, Honda Odyssey and Honda Fit each received individual Residual Value Awards as the highest ranked vehicles in their respective segments. As the leading provider of residual value information to the automotive industry, ALG's annual Residual Value Awards honor the vehicles in each industry segment that ALG predicts will retain the highest percentage of their original price after a three-year period.

"Long-term value and reliability are both hallmarks of the Honda brand and we are honored to be recognized by ALG as the industry leader in these key qualities," said Michael Accavitti, vice president of national marketing operations at American Honda. "The Honda engineering philosophy not only delivers immediate value to our customers but will pay off in the long run as well."

The Honda brand was named the Best Mainstream Brand for 2013, which recognizes the entire Honda lineup for exceptional vehicle quality, strong brand desirability, and long-term reliability. The all-new 2013 Accord ranked the highest in the ultra competitive Midsize Car category. The Honda Odyssey prevailed in the Best Minivan (MPV) category, retaining the top spot for the second consecutive year. The Honda Fit received a Residual Value Award for the fifth consecutive year in the Sub-Compact Car category. Since 2000, the Honda brand has earned 28 model awards and seven overall brand awards from ALG.

"The Honda brand is a constant in ALG's Residual Value Award history, "said Larry Dominique, President of ALG. "With its smart, value-focused financial strategy, excellent perceived quality, and the all-new Accord, Honda has proven that it provides a compelling, high residual value package for consumers."
ALG determines the award winners through careful study of the competition in each segment, historical vehicle performance and industry trends. Vehicle quality, production levels relative to demand, as well as pricing strategies are among the key factors that affect ALG's residual value forecasts.

Additional media information, including detailed pricing features and high-resolution photography of the 2013 Accord, Fit and Odyssey are available at www.hondanews.com. Consumer information is available at automobiles.honda.com.

 

About Honda

Honda offers a complete lineup of Honda cars, trucks and service through a network of 1,037 Honda dealerships within the United States. In 2012, Honda will mark 30 years of producing automobiles in the region1, which began with the Accord in Marysville, Ohio in November 1982. Having produced over 23 million vehicles in North America, Honda currently operates 7 major automobile manufacturing facilities in the region.

 

About ALG

Based in Santa Barbara, California, ALG is a leading provider of insights and consulting services to the automotive industry. ALG publishes the Residual Value Guidebook – the benchmark for residual value projections in North America, and has been forecasting automotive residual values for nearly 50 years in both the U.S. and Canadian markets. For more information, visit

www.alg.com.

 

http://www.honda.com/newsandviews/article.aspx?id=6985-en  Honda Wins ALG's 2013 Residual Value Award for Best Mainstream Brand Topping All Other Competitors in Long Term Value, 11/26/2012

 

 

 

 

 

2013 Honda Accord, Civic, Fit and CR-V Receive ‘Best Resale Value' Honors from Kelley Blue Book's KBB.com

 

TORRANCE, Calif., Nov., 27, 2012 – American Honda Motor Co., Inc. received six Best Resale Value Awards from trusted vehicle valuation source Kelley Blue Book www.kbb.com. The all-new 2013 Honda Accord, the restyled 2013 Honda Civic and Civic Si, as well as the 2013 Honda Fit each earned awards in their respective segments for projected resale value after five years of ownership. Additionally, the 2013 Honda Civic and 2013 Honda CR-V were both honored as two of the overall Top 10 Best Resale Value vehicles in America this year.

 

2013 Honda Vehicles Honored with Kelley Blue Book Best Resale Value Awards

 

2013 Honda Accord – Best Resale Value: Mid-Size Car
2013 Honda Civic – Best Resale Value: Compact Car
2013 Honda CR-V – Best Resale Value: Top 10
2013 Honda Civic – Best Resale Value: Top 10
2013 Honda Civic Si – Best Resale Value: Sporty Compact Car
2013 Honda Fit – Best Resale Value: Subcompact Car

 

 

"Honda vehicles are engineered to provide a fun-to-drive experience as well as overall value for the money," said Michael Accavitti, vice president of national marketing operations at American Honda. "With a continued focus on quality, fuel-efficiency and premium content, we have always believed that a Honda provides every buyer with added value, and we are honored to be recognized for our efforts by valuation leader Kelley Blue Book."
Kelley Blue Book's Best Resale Value Awards are based on projections from the Kelley Blue Book® Official Residual Value Guide, determined by a skilled staff of automotive analysts. These prestigious awards honor vehicles expected to maintain the greatest proportion of their original Manufacturer's Suggested Retail Price (MSRP) after five years of ownership. Since depreciation (or loss of value) is typically a car buyer's primary expense during ownership, these awards are designed to help consumers make more informed car-buying decisions.
"Honda's dominance in multiple car segments is evidenced by its class-leading wins in four segments," said Eric Ibara, director of residual consulting, Kelley Blue Book. "Based on our projections, no other car in the mid-size car segment can beat the 2013 Accord when it comes to resale value. 2013 Honda vehicles also took top honors in several very hotly contested segments, and they're not flukes. With many repeat winners and perennial favorites, the Honda brand continues to produce quality vehicles that return value to their owners, both during the ownership period and upon resale."

Kelley Blue Book established its annual Best Resale Value Awards in 2003. The company reports projections based on current vehicle data, relevant auction transactions, sales data, market conditions for each vehicle, competition within vehicle segments, expectations of the future economy and the combined experience of Kelley Blue Book's residual analysts. Residual values reflect projected future auction values for vehicles in average condition with 75,000 miles at the end of a five-year lease or ownership period.

For more information about Kelley Blue Book's Best Resale Value Awards, please visit http://www.kbb.com/new-cars/best-resale-value-awards-2013/.

 

http://www.honda.com/newsandviews/article.aspx?id=7002-en  2013 Honda Accord, Civic, Fit and CR-V Receive ‘Best Resale Value' Honors from Kelley Blue Book's KBB.com, 11/27/2012

 

 

Honda Accord and Fit Receive Car and Driver Magazine's 10Best Cars Awards

Accord honored for 27th time; Fit wins for seventh straight year

Car and Driver magazine has named the all-new 2013 Honda Accord and the Honda Fit as winners of its prestigious and highly competitive annual '10Best Cars' award. Now in its ninth generation, the Accord has achieved '10Best Cars' status 27 times in the 31 years that Car and Driver editors have been conducting the competition, more than any other vehicle in the award's history. The Honda Fit has been honored with "10Best Cars" status in each of the seven years that it has been on sale in the United States.

"The Accord and Fit both embody Honda's core values of ingenious packaging, great visibility, fun driving dynamics and fuel efficiency," said Michael Accavitti, vice president of marketing operations for American Honda Motor Co., Inc. "The editors of Car and Driver continue to recognize these attributes and our vehicles as among the industry's best, a sentiment clearly echoed by Honda's customers."

The Fit has been sold in the U.S. since the 2007 model year and is manufactured in Sayama, Japan. The Accord has been sold in the U.S. since the 1976 model year and this year marks 30 years of Accord manufacturing in America¹.

Honda Car and Driver '10Best Cars' Award History

Honda Model	"10Best Cars" Award Model Year
Accord	2013, 2012, 2011, 2010, 2009, 2008, 2007, 2006, 2005, 2004, 2003, 2002, 2001, 2000, 1999, 1998, 1995, 1994,1991, 1990, 1989, 1988, 1987, 1986, 1985, 1984, 1983
Civic	1996, 1991,1990, 1989, 1988
CRX	1988, 1985
Fit	2013, 2012, 2011, 2010, 2009, 2008, 2007
Prelude	1998, 1997, 1996, 1995,1994,1993, 1992, 1986, 1985, 1984
S2000	2004, 2002, 2001, 2000

For more information and downloadable high-resolution images of Honda vehicles, please visit www.hondanews.com. Consumer information is available at www.automobiles.honda.com.

¹Honda products are produced using domestic and globally sourced parts.

 

 

http://www.honda.com/newsandviews/article.aspx?id=7011-en  Honda Accord and Fit Receive Car and Driver Magazine's 10Best Cars Awards 12/05/2012