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TORONTO, ON (February 14, 2019) – Toyota Canada Inc. (TCI) has been recognized with 12 2019 Best Retained Value Awards from Canadian Black Book (CBB) and four ALG 2019 Residual Value Awards.
These awards reflect the quality, reliability and value of Toyota and Lexus vehicles, as well as TCI’s commitment to providing Canadian consumers with high quality product with the best possible value.
“Toyota Canada is honoured to be recognized by both CBB and ALG” said Larry Hutchinson, President & CEO, Toyota Canada Inc. “We’d like to thank our customers for their continued trust and confidence in our brands.”
Canadian Black Book Awards
Canadian Black Book’s Best Retained Value Awards recognize vehicles that retain the highest percentage of their original manufacturer’s suggested retail price (MSRP) after four years. For 2019, the CBB program analyzed model year 2015 vehicles in 23 different categories, plus 3 overall Brand categories. This year’s winners include:
ALG Awards
The ALG Residual Value Awards recognize vehicles from the 2019 model year that are forecast to retain the highest percentage of their MSRP over the next four years. This year’s winners include:
About Toyota Canada Inc.
Toyota Canada Inc. (TCI) is the exclusive Canadian distributor of Toyota and Lexus vehicles. Toyota has sold over 8 million vehicles in Canada through a national network of 287 Toyota and Lexus dealerships. Toyota is dedicated to bringing safety, quality, dependability and reliability in the vehicles Canadians drive and the service they receive. TCI’s head office is located in Toronto, with regional offices in Vancouver, Calgary, Montreal and Halifax and parts distribution centres in Toronto and Vancouver. Toyota operates two manufacturing facilities in Canada. Having produced more than eight million vehicles, popular Canadian models built at these facilities include Toyota RAV4, Toyota Corolla, Lexus RX 350 and RX 450h hybrid. Recent investments at its facilities in Ontario will allow for increased production of the top-selling Toyota RAV4 and RAV4 Hybrid models.
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