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Press release content from PR Newswire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from PR Newswire
Press release content from PR Newswire. The AP news staff was not involved in its creation.

Hyundai Wins J.D. Power 2022 U.S. ALG Residual Value Awards for Kona, Kona Electric and Accent

November 18, 2021 GMT
The 2021 Kona is photographed in Irvine, Calif., on February 16, 2021.
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The 2021 Kona is photographed in Irvine, Calif., on February 16, 2021.
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The 2021 Kona is photographed in Irvine, Calif., on February 16, 2021.

FOUNTAIN VALLEY, Calif., Nov. 18, 2021 /PRNewswire/ -- The Hyundai Kona, Kona Electric, and Accent have won prestigious J.D. Power 2022 U.S. ALG Residual Value Awards in their respective Micro Utility, Electric, and Subcompact segments. These awards recognize vehicles that are projected to hold the highest percentage of their Manufacturer’s Suggested Retail Price (MSRP) after a three-year period, a key purchase consideration of their total cost of ownership.

“Buyers of Hyundai’s Kona, Kona Electric, and Accent are smartly selecting vehicles that hold their value more than any competitor in their respective segments,” said Olabisi Boyle, vice president, product planning and mobility strategy, Hyundai Motor North America. “Earning a coveted Residual Value Award from J.D. Power makes these compelling products even more appealing to rational buyers in a very competitive marketplace.”

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About J.D. Power
J.D. Power is a global leader in consumer insights, advisory services and data and analytics. A pioneer in the use of big data, artificial intelligence (AI) and algorithmic modeling capabilities to understand consumer behavior, J.D. Power has been delivering incisive industry intelligence on customer interactions with brands and products for more than 50 years. The world’s leading businesses across major industries rely on J.D. Power to guide their customer-facing strategies.

J.D. Power has offices in North America, Europe, and Asia Pacific. To learn more about the company’s business offerings, visit JDPower.com/business. The J.D. Power auto shopping tool can be found at JDPower.com.

Hyundai Motor America
Hyundai Motor America focuses on ‘Progress for Humanity’ and smart mobility solutions. Hyundai offers U.S. consumers a technology-rich lineup of cars, SUVs, and electrified vehicles. Our 820 dealers sold more than 620,000 vehicles in the U.S. in 2020, and nearly half were built at Hyundai Motor Manufacturing Alabama. For more information, visit www.HyundaiNews.com.

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SOURCE Hyundai Motor America