Audi Q7 SUV receives award in the Premium Midsize UV category

ALG Residual Value Awards has recognized the 2013 Audi Q7 in the Premium Midsize Utility Vehicle category. The company received this top honor for their Audi Q7…

ALG Residual Value Awards has recognized the 2013 Audi Q7 in the Premium Midsize Utility Vehicle category. The company received this top honor for their Audi Q7 luxury utility vehicle at the 2012 Los Angeles Auto Show, being testament of value of Audi Q7 model line which projects not only an exceptional design but also higher quality and enhanced luxury.

Audi Q7 is a seven passenger utility vehicle far surpassing customer’s expectations both where functionality and comforts are concerned. It is fitted with a gasoline turbocharged fuel injected 3.0 liter TFSI engine while a fuel efficient V6 turbocharged direct injection TDI diesel engine is also an option. Q7 interiors include heated or cooled seating, 12 way power front seats, adjustable middle row seats and foldable rear seats. It possesses a panoramic roof offering maximum light and freshness into cabin area while it possesses the most advanced infotainment and safety features.

A host of air bags, sideguard head curtains on all three rows offers the best of passenger safety while Audi music interface with iPod and iPhone connectivity via Audi MMI system, MMI navigation with 3-D Google Earth, real time weather, traffic and news updates are also available. ALG awards takes into consideration competition in each segment, performance of the vehicle, demand, pricing and market strategies and are based on 2013 model year vehicles.

Auto News Release

Audi Q7 Wins ALG Residual Value Award

- Audi receives top honors in the Premium Midsize Utility Vehicle category at L.A. Auto Show

Audi today announced that the 2013 Audi Q7 received the Residual Value Award in the Premium Midsize Utility Vehicle category from ALG, the industry benchmark for residual values and depreciation data. Each year, ALG’s Residual Value Awards recognize the vehicles and brands that deliver a complete product experience to its customers—exceptional vehicle quality, strong brand desirability and long-term reliability.“Audi not only produces exciting and luxurious vehicles, but vehicles that hold their value over time,” said Scott Keogh, President, Audi of America. “The ALG Residual Value Award is a testament to the value of the Q7 model line which is a great example of Audi design, functionality and progressive luxury.”

“The Audi Q7 has held a crucial role in the expansion and strengthening of the Audi brand,” said Larry Dominique, President of ALG. “Combining sophisticated styling, generous passenger capacity and strong performance attributes with low incentives and consistently high transaction prices, the Q7 delivers the best of both luxury and consumer value.”

The seven-passenger Audi Q7 exceeds driver and passenger expectations for functionality and comfort. Q7 customers have the option of a gasoline turbocharged, fuel-injected 3.0 liter TFSI engine, or a powerful yet fuel-efficient V6 turbocharged direct injection TDI® clean diesel engine. The Audi Q7 features a luxurious, premium interior, including heated and available cooled, twelve-way power front seats, fore and aft adjustable rear middle seats, and foldable seats in the third row. For maximum comfort, an available panoramic roof gives the cabin a light, open feeling.

The 2013 Audi Q7 offers the most advanced Audi technologies available, including Audi connect™ for real-time weather, traffic, news and live fuel prices, and MMI Navigation with 3-D Google Earth™ images and Google Voice Local Search. Audi is the first company worldwide to feature factory-installed wireless in-vehicle internet. The Audi music interface with iPod®/iPhone® connectivity ensures user friendly perusing of play lists and song titles via the Audi MMI system. A full complement of airbags, including Sideguard® head curtain airbags for all three rows of seats ensures passengers stay safe.

ALG 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 remain the key factors that affect ALG’s residual value forecasts. This year’s awards are based on 2013 model year vehicles.

About ALG (www.alg.com)
Based in Santa Barbara, California, ALG is a leading provider of data and consulting services 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 over 45 years in both the U.S. and Canadian markets. ALG is a subsidiary of TrueCar, Inc.

ABOUT AUDI
Audi of America, Inc. and its U.S. dealers offer a full line of German-engineered luxury vehicles. AUDI AG is among the most successful luxury automotive brands globally. Audi was a top-performing luxury brand in Europe during 2011, and broke all-time company sales records in the U.S. AUDI AG is planning to invest a total of EUR 13 billion over the period 2012 through 2016 on new products and technologies. Visit www.audiusa.comor www.audiusanews.com for more information regarding Audi vehicle and business issues.