AUBURN HILLS, Mich.,
Nov. 26, 2018 /PRNewswire/ --
- Five years running: America's only four-door muscle car – the
2019 Dodge Charger – wins the ALG Residual Value Award in the
Full-size Car segment
- The most capable and recognized vehicle in the world, the 2019
Jeep® Wrangler, earns an ALG Residual Value Award for
the second year in a row in the Off-Road Utility segment
- ALG Residual Value Awards recognize vehicles and brands that
stand out from the rest of the market by representing quality,
long-term reliability and strong desirability
For the fifth year in a row, the 2019 Dodge Charger,
and for the second year in a row, the 2019
Jeep® Wrangler, each earned a Residual Value Award from ALG,
the industry benchmark for residual values and depreciation
data.
Continuing its run as the sales leader in the large car segment
for the fifth year in a row, the Dodge Charger also continues its
streak as the Full-size Car segment winner in ALG Residual Value
awards. "As a niche player in the segment, the Dodge Charger
offers the best of both worlds with the comfort of a full-size
sedan and the power of a muscle car," said Eric Lyman, senior vice president of ALG. "High
performance offered at an affordable price-point leads Charger to
sweep the full-size segment and take home its fifth consecutive
Residual Value Award." The next-generation Jeep Wrangler,
revealed a year ago at the Los Angeles Auto Show, takes home its
second ALG Residual Value award in the Off-Road Utility
segment. "Jeep has a long and successful history in off-road
utilities and the Wrangler combines function and comfort, adding
new technology and powertrain offerings. This strong value
proposition makes it no surprise to see the Wrangler win the
Residual Value Award in the Off-Road Utility segment for the second
year in a row," Lyman said.
ALG recognizes 26 vehicles with segment awards, along with two
brands representing the mainstream and premium sectors of the
industry. This year's awards are based on 2018 model-year vehicles.
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 represent key factors
that impact ALG's residual value forecasts.
Dodge Charger
From the quickest, fastest and most
powerful sedan in the world to V-6 efficiency and all-wheel-drive
(AWD) capability, the Dodge Charger lineup is designed and
engineered to provide the ultimate in high-performance comfort and
road-ready confidence as America's only four-door muscle car. Dodge
Charger's rear-wheel-drive (RWD) architecture enables a model
lineup highlighted by extensive performance-driven powertrains with
the latest technology under the hood and behind the wheel – further
building on the Dodge brand's promise to deliver American
performance machines with world-class power, efficiency,
technology, authentic materials and standout styling.
Standard on every Dodge Charger model is the innovative
TorqueFlite eight-speed automatic transmission. Charger offers a
full range of powerful engine options on six distinct models,
including the award-winning 3.6-liter Pentastar V-6 on Charger SXT,
SXT AWD and GT, the legendary 5.7-liter HEMI® V-8 on R/T models,
the naturally aspirated 392 HEMI V-8 on R/T Scat Pack models and
the 707-horsepower 6.2-liter supercharged HEMI SRT Hellcat
V-8.
For 2019, Dodge repositions the lineup to include a new Charger
SXT AWD model and a new Charger GT RWD performance V-6 model.
Charger GT and R/T models get the performance look and features
standard and receive a full complement of race-bred chassis
upgrades. Charger SRT Hellcat and R/T Scat Pack feature standard
performance upgrades, including Launch Assist and Line Lock; a new performance grille with dual
air inlets; new Launch Control switch on R/T Scat Pack; and Torque
Reserve, After-Run Chiller on SRT Hellcat.
Jeep Wrangler
Jeep Wrangler continues to deliver
class-leading capability, and has been completely refined to offer
consumers a vehicle truly built for work, play, and for driving
every day ... on the road, on the trail, and in any weather
condition. The all-new Jeep Wrangler is loaded with advanced
technology and connectivity, and boasts a remarkably comfortable
interior, improved on-road driving dynamics, unique and authentic
styling, new levels of safety and security features, and powertrain
options that include the dependable 3.6-liter V-6 engine and an
all-new 2.0-liter turbocharged inline four-cylinder engine that
provides even more performance and fuel efficiency. Jeep Wrangler
remains the most capable and recognized vehicle in the
world.
About ALG
Founded in 1964 and headquartered in
Santa Monica, California, ALG is
an industry authority on automotive residual value projections in
both the United States and
Canada. By analyzing nearly 2,500
vehicle trims each year to assess residual value, ALG provides auto
industry and financial services clients with market industry
insights, residual value forecasts, consulting and vehicle
portfolio management and risk services. ALG is a wholly-owned
subsidiary of TrueCar, Inc., a digital automotive marketplace that
provides comprehensive pricing transparency about what other people
paid for their cars. ALG has been publishing residual values for
all cars, trucks and SUVs in the U.S. for over 50 years and in
Canada since 1981.
About TrueCar
TrueCar, Inc. (NASDAQ: TRUE), the modern
car-buying service, gives consumers transparent insight into what
others paid and access to guaranteed savings off MSRP from TrueCar
Certified Dealers. TrueCar's network of more than 10,000 trusted
Certified Dealers is committed to providing upfront pricing
information and a hassle-free buying experience, accessible through
www.truecar.com and via the mobile app, for iOS and Android
devices. TrueCar also powers car-buying programs for some of the
largest U.S. membership and service organizations, including AARP,
American Express, AAA, Sam's Club and USAA. Not all program
features are available in all states. TrueCar is headquartered in
Santa Monica, California, with
offices in San Francisco and
Austin, Texas. For more
information, go to www.truecar.com.
About FCA US LLC
FCA US LLC is a North American
automaker based in Auburn Hills,
Michigan. It designs, manufactures, and sells or distributes
vehicles under the Chrysler, Dodge, Jeep®, Ram, FIAT and Alfa Romeo
brands, as well as the SRT performance designation. The Company
also distributes Mopar and Alfa Romeo parts and accessories.
FCA US is building upon the historic
foundations of Chrysler Corp., established in 1925 by industry
visionary Walter P. Chrysler and
Fabbrica Italiana Automobili Torino (F.I.A.T.), founded in
Italy in 1899 by pioneering
entrepreneurs, including Giovanni
Agnelli. FCA US is a member
of the Fiat Chrysler Automobiles N.V. (FCA) family of companies.
(NYSE: FCAU/ MTA: FCA).
FCA is an international automotive group listed on the New
York Stock Exchange under the symbol "FCAU" and on the Mercato
Telematico Azionario under the symbol "FCA."
Follow FCA US news and video
on:
Company blog: blog.fcanorthamerica.com
Facebook: https://www.facebook.com/FiatChrysler.NorthAmerica/
Instagram: www.instagram.com/FiatChrysler_NA
Twitter: www.twitter.com/FiatChrysler_NA
Twitter (Spanish): www.twitter.com/fcausespanol
YouTube: www.youtube.com/fcanorthamerica
Media website: media.fcanorthamerica.com
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