MAZDA CX-30 WINS J.D. POWER ALG RESIDUAL VALUE AWARD
J.D. Power announced that the 2022 model year Mazda CX-30 won its 2022 U.S. ALG Residual Value award for the best residual value in the subcompact utility category.
The J.D. Power U.S. ALG Residual Value Awards recognize automakers’ outstanding achievements for vehicles that are forecasted by ALG’s proprietary model to hold the highest percentage of their Manufacturer’s Suggested Retail Price (MSRP) after three years. Residual values are a key indicator of an automaker’s success and help determine the overall desirability of automotive brands and their vehicles.
Award winners are determined through careful analysis of used vehicle performance of prior year models, brand outlook, and competitiveness. The forecast model uses a wide variety of macros, industry, segment, and vehicle factors to arrive at the most accurate prediction of a vehicle’s future value.
Ashish Tandon, General Manager of KAICO (Kuwait Automotive Imports Co WLL – Alshaya & Alsagar ) stated, “It is a great honor for us that the CX-30 earned the 2022 U.S. ALG Residual Value award for subcompact utility vehicles. Mazda has a holistic approach to vehicle development that prioritizes safety, reliability, driving dynamics, and beautiful design”
Waleed Alqahtani, Mazda Brand Manager of KAICO stated, “The Mazda CX-30, is the perfect blend of sleek styling, driving dynamics and superior craftsmanship. Our customers can be rest assured that they’re investing in a car that’ll be their partner for a long time to come.”
Mohamed Abouelaun, Sr. Manager – After Sales of KAICO stated, “Great residual values are derived from after sales care. We offer best in class services to delight our customers, from service packages, extended warranties, quick service, valet services & even opening on Friday.”