US ALG Residual Value Awards Announced

Accolades highlight excellence and attention to detail. Lexus, Honda again get top brand nods.
Accolades highlight excellence and attention to detail. Lexus, Honda again get top brand nods.
Study finds them more willing to shop brands as inventories grant more choices.
EV offers, luxury car lease deals and growing inventories cited as the reasons.
Just one quarter of potential buyers say they would consider electric.
Study ranks it highest in industry, whose overall results improve.
U.S. electric vehicle purchases climbed to 5.8% of all vehicles sold in 2022, up from 3.2% in 2021, according to Motor Intelligence.
But multiple obstacles stand in the way of widespread adoption.
A lack of knowledge about autonomous vehicles makes people hesitant to have them transport people, according to the J.D. Power 2022 Mobility Confidence Index.
A J.D. Power brand loyalty study finds most car buyers return to the same brand when trading in their used vehicles.
Lexus and Subaru rank highest for third consecutive year.
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