Oxnard Hyundai Confirms, Hyundai Achieves Second Highest Level of Improvement in ALG’s Perceived Quality Study
Oxnard Hyundai is excited to confirm, The Hyundai brand climbed 25 percent to achieve the second highest level of improvement in perception of quality over the last five years according to ALG, the industry benchmark for vehicle value. ALG’s semi-annual Perceived Quality Study (PQS) surveys more than 3,500 U.S. consumers in order to gauge perceptions of mainstream and luxury brands.
Now in its fifth year, ALG’s Perceived Quality Study is a semi-annual consumer survey measuring the perceived quality of automotive brands. PQS is one of the metrics ALG examines in calculating its industry benchmark residual values, helping companies and consumers understand the future value of their vehicles.
Hyundai’s ongoing success is largely attributed to the continued positive reception of the 2012 North American Car of the Year Elantra and Sonata and Accent models, as well as the all-new Azera, all four of which have received significant consumer interest and positive reception since their respective launches. These vehicles in addition to the rest of the Hyundai lineup contributed to Hyundai’s success last month with an all-time May sales record of 67,019 units, the second best sales month in company history. Elantra also won a 2012 Residual Value Award from ALG.
The complete study with scores lists and details is available from ALG at: https://www.alg.com/pdf/pqs_2012_spring_report_final.pdf
Based in Santa Barbara, California, ALG is the benchmark of vehicle value information to the automotive industry. ALG publishes the “Residual Value Guidebook” – the standard for residual value projections in North America, and has been forecasting automotive residual values for nearly 50 years in both the U.S. and Canadian markets.
Oxnard Hyundai is a proud member of the Conant Auto Retail Group (CAR Group), which holds a strong reputation among the automotive industry in California, representing such brands as Acura, Ford, Honda, Infiniti, Lincoln and now Hyundai. Oxnard Hyundai is proud to serve the greater Ventura County. For more information about Oxnard Hyundai call 888-457-2051, visit oxnardhyundai.com, or visit the dealership today at 1601 E. Ventura Blvd, Oxnard, CA 93036.
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