HERNDON, VA--(Marketwired - Nov 18, 2013) -
- 15th annual ALG awards honor 2014 vehicles predicted to hold value
- 2014 Audi A5, A6 and Q7 receive recognition at L.A. Auto Show
Audi today announced that it has received three Residual Value Awards from ALG, the industry benchmark for residual values and depreciation data. The annual ALG Residual Value Awards recognize automakers' outstanding achievements in producing new vehicles that are predicted to retain the highest percentage of their original price after a conventional three-year period. The Audi A5, A6 and Q7 received recognition for the 2014 model year.
"Audi continues to strive to produce vehicles that represent the best in design, performance, technology, and luxury. More importantly, Audi vehicles stand the test of time," said Scott Keogh, President, Audi of America. "We are pleased to have received three ALG Residual Value Awards, a testament to the value of the Audi A5, A6 and Q7 model lines."
The 2014 Audi A5 received an ALG Residual Value Award in the Premium Midsize Car category. Known for setting new standards for sportiness and efficiency in the mid-size segment of the premium market, the 2014 A5 combines beauty, power and efficiency. The A5 features a 2.0 liter TFSI® engine that exclusively offers quattro® all-wheel drive and is mated to a six-speed manual transmission or an eight-speed Tiptronic®. For the 2014 Model Year, the A5 received an increase in horsepower to 220. Inside, the A5 represents an ever-higher standard being set by Audi for its expressiveness, comfort and technology matched by the brand's trademark fit and finish.
The 2014 Audi A6 took home an ALG Residual Value Award in the Premium Fullsize Car category. The A6 boasts an all-aluminum Audi 3.0 liter TFSI® supercharged V6 engine with 310 horsepower. One of Audi's most innovative and technologically-advanced models to date, the A6 makes up to 2,000 decisions per second to assist the driver. Innovative technologies include the award-winning infotainment system Audi connect® with in-vehicle Wi-Fi connectivity and Google Earth™ Maps, MMI® Touch pad with handwriting recognition, Night Vision Assistant, Audi Pre-Sense Plus safety system, and more. Inside, the Audi A6 also features luxurious materials, functional amenities, and sophisticated design elements. The 2014 Audi A6 is also offered with a TDI® clean diesel engine, achieving an EPA estimated fuel economy of 24 city/ 38 highway/ 29 combined MPG, while at the same time producing an impressive 240hp and 428lb-ft of torque.
The 2014 Audi Q7 received the award in the Premium Midsize Utility Vehicle - 3 Row category. The seven-passenger Audi Q7 exceeds driver and passenger expectations for functionality and comfort. Q7 customers have the option of a gasoline turbocharged, fuel-injected 3.0 liter TFSI engine, or a powerful yet fuel efficient V6 turbocharged direct injection TDI clean diesel engine. The Audi Q7 features a luxurious, premium interior including heated and available cooled, twelve-way power front seats, fore and aft adjustable rear middle seats, and foldable seats in the third row. The 2014 Audi Q7 offers the most advanced Audi technologies available, including Audi connect with a rolling Wi-Fi® Hotspot for up to eight devices and Google Voice Local Search. The Audi music interface with iPod®/iPhone® connectivity ensures user friendly perusing of play lists and song titles via the Audi MMI system. A full complement of airbags, including Sideguard® head curtain airbags for all three rows of seats ensures passengers stay safe.
ALG Residual Value Award winners are determined 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 represent key factors that impact ALG's residual value forecasts.
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 45 years in both the U.S. and Canadian markets. ALG is a subsidiary of TrueCar, Inc.
Audi of America, Inc. and its U.S. dealers offer a full line of German-engineered luxury vehicles. AUDI AG is among the most successful luxury automotive brands globally. Audi was a top-performing luxury brand in Europe during 2012, and broke all-time company sales records in the U.S. Through 2016, AUDI AG will invest about $17 billion on new products, facilities and technologies. Visit www.audiusa.com or www.audiusanews.com for more information regarding Audi vehicles and business topics.