Subaru of America, Inc. today announced that it has received three Residual Value Awards from ALG. ALG's 11(th) annual Residual Value Awards, for the 2010 model year, honor the vehicles in each industry segment that ALG predicts will retain the highest percentage of their original price after a three-year period.

Subaru of America, Inc. won Best Mainstream Brand, while the Subaru Forester won the Best Compact Utility Vehicle award and the Subaru Outback won the Best Midsize Utility award.

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.

"Subaru of America is pleased to accept the ALG 2010 Residual Value Awards for Best Mainstream Brand, Best Compact Utility Vehicle and Best Midsize Utility Vehicle," said Tom Doll, executive vice president and COO, Subaru of America, Inc. "These awards are a testament to the overall value of Subaru vehicles and help signify that our vehicles are not only a smart investment, but also reinforce the Subaru brand attributes of durability, reliability and safety," Doll continued.

"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 of their brand and their Forester and Outback models," 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."

Last update: 03-12-2009 09:47