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Five Star FG Falcon at Jarvis Ford
The all-new FG Falcon has become the first Australian-built car to receive a 5 (five) star rating from the Australasian New Car Assessment Program (ANCAP). The petrol FG Falcon sedan range was awarded the maximum 5 (five) star safety rating rating with a total score of 34.6 points (out of a possible 37 points), giving it the highest score ever recorded by a locally produced car in Australia by a significant margin. Read more>
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Subaru of America wins residual value awards |
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21/11/2008
Subaru of America, Inc. has received two Residual Value Awards from the United States Automotive Lease Guide (ALG).
The 2009 Subaru Forester won the top award in the Compact Utility Vehicle category, while the Subaru brand collected an award as the second-highest brand for residual value.
ALG's 10th annual Residual Value Awards, for the 2009 model year, honoured the vehicles in each industry segment that ALG predicts will retain the highest percentage of their original price after a three-year lease term.
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.
"This is exciting news for Subaru of America," said Tomohiko Ikeda, chairman, president and CEO for Subaru of America, Inc. "Winning second across the industry in terms of ALG predicted value reinforces the attributes of the Subaru brand - durability, reliability and safety - all at a great value."
"The secret about Subaru is getting out - thanks to a streak of wins anchored by the Motor Trend Sport/Utility of the Year Award for the 2009 Forester and Kelly Blue Book naming Subaru as one of the top Resale Value Brands of 2009," said Tom Doll, executive vice president for Subaru of America, Inc. "Subaru sales being up in a down market underscores the fact that the news is getting to customers about our vehicles."
"We believe residual value remains the best metric for evaluating the overall strength of an automotive brand, and we congratulate Subaru for the proven success," said John Blair, Chief Executive Officer of Automotive Lease Guide. |
Industry News
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Toyota first to export 100,000 cars |
19/12/2008
Toyota Australia is set to become the first Australian carmaker to export 100,000 vehicles in a calendar year.
The milestone car is due to be shipped from Melbourne on Christmas Eve, bound for the Middle East.
It will be among more than 2,100 Australian-built Toyota cars leaving Australia that day aboard the Positive Leader. |
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