Honda has been named the best overall car brand for retained value for the second consecutive year. Canada's leading automotive data and analytics provider, Canadian Black Book, announced the results as part of the fifteenth edition of its Best Retained Value Awards.
"Honda vehicles have a global reputation for reliability, engineering, safety and just being plain fun to drive," says Steve Hui, assistant vice president, Honda Canada. "Our cars and trucks maintain a higher retained value because of the quality of materials and state of the art manufacturing. The Honda Civic is built right here in Canada by some of the most dedicated and talented automotive associates in the world."
In addition to Honda winning the best overall car brand in Canada, the Honda Civic won the best main car retained value award with the Honda Accord placing third.
About Honda Canada
Honda Canada Inc. was founded in 1969 and is the parent company for both Honda and Acura vehicle brands in Canada. Since 1986, the company has produced Honda engines and more than nine million cars and light trucks at its Alliston, Ontario manufacturing facilities, where the Honda CR-V and Honda Civic are currently built. Honda Canada has invested more than $4.7 billion in Canada, and each year it sources nearly $2.1 billion in goods and services from Canadian suppliers. Honda Canada has sold more than five million Honda and Acura passenger cars and light trucks in Canada. For more information on Honda Canada, please visit www.hondacanada.ca.
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