TORONTO, ON – February 13, 2020 – Toyota Canada Inc. (TCI) has been recognized with nine 2020 Best Retained Value Awards from Canadian Black Book (CBB),including two Best Overall Brand Awards and seven 2020 ALG 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.
“Providing our customers with quality products they can depend on is our priority and Toyota Canada is thrilled to know that we’ve succeeded,” said Larry Hutchinson, President CEO, Toyota Canada Inc. “We’d like to thank our customers for the confidence that they have in our brands and we plan to continue earning it.”
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 2020, the CBB program analyzed model year 2015 vehicles in 23 different categories, plus 2Overall Brand categories. Toyota Canada’s awards this year include:
Overall Brand Car: Toyota (3rd consecutive year)
Overall Brand Truck/Crossover/SUV: Toyota (4th consecutive year)
Compact Car: Toyota Prius V (3rd consecutive year)
Full-Size Car: Toyota Avalon (4th consecutive year)
Small Pick-Up: Toyota Tacoma (11th consecutive year)
Minivan: Toyota Sienna (2nd consecutive year)
Mid-Size SUV: Toyota 4Runner (2nd consecutive year)
Full-Size Crossover/SUV: Toyota Sequoia
Luxury Car: Lexus GS-Series
ALG Awards
The ALG Residual Value Awards recognize vehicles from the 2020 model year that are forecast to retain the highest percentage of their MSRP over the next four years. Toyota Canada’s awards this year include:
Compact Utility: Toyota RAV4
Full-Size Pick-Up: Toyota Tundra (11th consecutive year)
Mid-Size Pick-Up: Toyota Tacoma (10th consecutive year)
Full-Size Utility: Toyota Sequoia (8th consecutive year)
Mid-Size Utility 3rd row seating: Toyota Highlander
Off-Road Utility: Toyota 4Runner
Premium Subcompact Utility Segment: Lexus UX
About Toyota Canada Inc.
Toyota Canada Inc. (TCI) is the exclusive Canadian distributor of Toyota and Lexus vehicles. Toyota has sold over five million vehicles in Canada through a national network of 287 Toyota and Lexus dealerships. Toyota is dedicated to bringing safety, quality, dependability and reliability to 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 five million vehicles, popular Canadian models built at these facilities include Toyota RAV4, Toyota RAV4 Hybrid, 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.