- A Residual Value award reflects value and customer demand for Land Rover SUVs
- Range Rover Sport continues its run of top residual value awards in the luxury midsize utility vehicle category
TORONTO, Feb. 16, 2012 /CNW/ - Jaguar Land Rover Canada is proud to announce the company's latest achievement - a Residual Value Award from ALG, the industry benchmark for residual values and depreciation data. The 2012 Range Rover Sport has been named the "Best Luxury Midsize Utility Vehicle".
The Range Rover Sport models enter the 2012 model year with subtle styling refinements, significant audio/infotainment technology upgrades and additional amenities.
"It is a true honor to receive this accolade," comments Jaguar Land Rover Canada President, Lindsay Duffield. "With all of our Land Rover models, we are dedicated to providing customers with value along with vehicles that combine top notch off-road capabilities and a strong sense of luxury."
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 three-year period for luxury vehicles. Awards are given in 19 vehicle categories and also for the two brands with the highest overall predicted residual values among all mainstream and all luxury vehicles. This year's awards are based on 2012 model year vehicles.
"The Range Rover Sport represents an unrivaled blend of off-road capability, on-road manners, and opulent trimmings," said Geoff Helby, Canada Regional Director for ALG. "Equipped with its full-size sibling's impressive naturally-aspirated and supercharged V8 engines, the Sport takes home its third award in four years."
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 remain the key factors that affect ALG's residual value forecasts.
2012 Range Rover Sport
Range Rover Sport models enter the 2012 model year with subtle styling refinements, significant audio/infotainment technology upgrades and additional amenities. The Range Rover Sport is powered by a 375 hp 5.0-liter V8 or a 510 hp supercharged version, and features advanced chassis control systems, uniquely blend high-performance on-road dynamics with traditional Range Rover off-road capability, along with the brand's renowned luxury. The new compact Smart Key fob is smaller than before yet retains all functions, including lock, unlock, tailgate release and panic alarm. Steering wheel stalks are revised for easier use and higher quality appearance.
The 2012 Range Rover Sport is available in HSE, HSE with Luxury Package, Supercharged and top-of-range Autobiography models.
Range Rover Sport HSE
Range Rover Sport HSE LUX
Range Rover Sport Supercharged
Range Rover Sport Autobiography
About Jaguar Land Rover North America, LLC
Jaguar Land Rover is a business built around two great British car brands that are designed, engineered and manufactured in the United Kingdom. Jaguar Cars Limited, founded in 1922, is one of the world's premier manufacturers of luxury sedans and sports cars. Since 1948, Land Rover has been manufacturing authentic 4x4s that define "breadth of capability" in their segments.
Jaguar manufactures all their cars exclusively in the United Kingdom, at the Castle Bromwich manufacturing plant in the British Midlands. Land Rover and Range Rover models are built in the United Kingdom at the Solihull and Halewood plants. Land Rover exports to 169 countries and Jaguar exports to 63 countries, with global sales for both brands exceeding 240,000 vehicles annually. The Jaguar Land Rover business employs 16,000 people in United Kingdom, including 3,500 engineers at two product development centers.
Headquartered in Mahwah, New Jersey in the United States, Jaguar Land Rover North America, LLC has offices across the USA and Canada and is represented by more than 330 retail outlets.
Information about Jaguar North America products is available to consumers via the Internet at www.jaguarusa.com.
Information about Land Rover North America products is available to consumers via the Internet at www.landroverusa.com.
SOURCE Jaguar Land Rover North America, LLC
Image with caption: "Larry Dominique, Executive Vice President, Data Solutions, ALG (left) and Geoff Helby, Canada Regional Director, ALG (right) presented the 2012 Residual Value Award in the Best Luxury Midsize Utility Vehicle category to Frank Klaas, Global Head of Communications, Jaguar Land Rover and Lindsay Duffield, President, Jaguar Land Rover Canada - at the Canadian International Auto Show on Thursday February 16, 2012, in Toronto. (CNW Group/Jaguar Land Rover North America, LLC)". Image available at: http://photos.newswire.ca/images/download/20120216_C4955_PHOTO_EN_10202.jpg
For further information:
Barbara Barrett, Manager, Communications, Jaguar Land Rover Canada, (O) 613.230.2639, (C) 416.565.0226, [email protected]
PRN Photo Desk, [email protected]