Audi Included in ALG Top 3 Luxury Brands

Automotive data and consulting services provider ALG recently announced the top 3 luxury brands at its 11th annual Residual Value Awards, for the 2010 model year, and Audi was included on the list. According to ALG, the Audi S5 provides the best residual values to its owners, retaining the highest percentage of their original price after a three-year period. This is the second consecutive year that Audi ranks highest amongst German luxury competitors.

ALG determines the award winners after studying the competition, historical vehicle residual value performance and industry trends. The key factors that are taken into consideration when deciding the winners include vehicle quality, production levels relative to demand, and pricing strategies.

“Audi residual values rank amongst the highest in the luxury segment,” said Johan de Nysschen, President, Audi of America. “The recognition from ALG further confirms that owning an Audi is worthwhile for our customers in many ways.”

“We believe Residual Value remains the best metric for evaluating the overall strength of an automotive brand, and we congratulate Audi for the proven success of their brand and S5 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.”

The 2010 Audi S5 features a direct-injection 4.2-liter V8 engine, which produces 354 hp and 325 lb-ft of torque that allows the car to sprint from naught to sixty in under five seconds and reach an electronically limited top speed of 155 mph.