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.

“We are delighted at receiving this recognition for the 5th year in a row. Especially when residual values continue to play such a crucial role for automotive manufacturers,” said Chris Marchand, Executive Vice President of Marketing and Sales, Land Rover North America. “Land Rover’s aim is to maintain its high standard of value not only with the Range Rover Sport, but across the entire model line.”

“We believe Residual Value remains the best metric for evaluating the overall strength of an automotive brand, and we congratulate Land Rover for the proven success of their Range Rover Sport model,” said James Clark, General Manager of ALG.  “The ALG Residual Value Awards are recognized throughout the industry and by consumers as the mark of a healthy brand. Winning this award is a testament to an exceptionally strong product and all of us at ALG are pleased to recognize that accomplishment.”