ALG Recognizes the Most Innovative Vehicles of 2020
January 06 2020 - 9:00AM
ALG, the benchmark for forecasting future vehicle values, and the
analytics subsidiary of TrueCar, Inc. (NASDAQ: TRUE) today
announced the winners of ALG’s 2020 Innovation Awards.
In its second year, ALG’s Innovation Awards recognize the
vehicles leading the way with cutting-edge technology, ingenious
features and state-of-the-art design. The four different categories
distinguishing the top innovative vehicles include: design,
powertrain, convenience and technology. The year’s recipients have
shown innovation in their competitive categories and were chosen
amongst all 2020 model year vehicles on sale in the United States.
The awards will be presented to automakers ahead of the Consumer
Electronics Show (CES).
"The 2020 Innovation Awards winners not only reflect creativity
and forward-thinking product visions that challenge the status quo,
but they also demonstrate the successful execution of the vision in
a way that enhances the vehicle’s appeal for consumers,” said Eric
Lyman, Chief Industry Analyst at ALG, a subsidiary of TrueCar.
Added Lyman, “This year’s winners have set the bar high in their
respective categories and have given consumers a reason to consider
them when shopping for their next new vehicle.”
The 2020 Design Innovation Award Winner: Kia
Telluride Exemplifying the best in automotive design, the
all-new 2020 Kia Telluride is ALG’s 2020 winner for design
innovation. With a sophisticated, yet rugged exterior design
language on par with luxury utility vehicles, Telluride has
commanded attention in one of the most crowded and competitive
segments in the industry. In addition, the sense of luxury extends
to the interior with available quilted Nappa leather, faux open
pore wood finish, and dual panoramic moonroof, amidst superior
material quality. With a 10.25” touchscreen display, captain’s
seating and USB chargers available for every row of seats, the
Telluride proves that practical family utility can be had with
luxury styling, all at a value that Kia has been proven to bring
time and time again.
The 2020 Powertrain Innovation Award Winner: Ford Escape
HybridSince its introduction in 2004, the Escape Hybrid
has claimed several firsts for Ford. Not only was it the first
hybrid SUV to hit the North American market, but it was notably the
first hybrid offered by an American manufacturer as well as the
first to be built in the United States. Ford fully leverages its
hybrid powertrain experience with the all-new Escape Hybrid,
targeting best in class MPG while providing uncompromised drive
dynamics. The 2.5L I4 engine boasts an impressive 198hp and 209
lb/ft of torque, delivering punchy acceleration with remarkable
smoothness. Proving to be much more than just an efficient
alternative, Escape’s hybrid variant shines as the showcase within
the lineup. A true standout among the competition, the Escape
Hybrid solidifies its legacy and earns ALG’s 2020 Powertrain
Innovation of the Year Award.
The 2020 Convenience Innovation Award Winner:
Mercedes-Benz GLSThe all-new GLS includes a new feature
that makes prepping your vehicle for the car wash just a button
press away. The newest feature aptly named Carwash Mode, conducts
all of the necessary checks to optimize exterior cleaning, while
ensuring the interior stays dry. The GLS will close the windows
(and sunroof), turn on climate recirculation mode, pauses the rain
sensing wiper, and activates the exterior camera, all while raising
the vehicles air suspension to thoroughly wash the undercarriage.
The mode is automatically deactivated once the vehicle reaches
12mph. The Carwash Mode is a convenient and innovative function
that gives drivers a more luxurious and seamless car washing
experience.
The 2020 Technology Innovation Award Winners: Chevrolet
Silverado HD and GMC Sierra HD General Motors is changing
the towing game with unique technology offered through an
integrated camera system. The all-new 2020 GMC Sierra HD trucks use
eight available cameras to provide up to 15 unique views, including
a surround view, bed view, and the first ever transparent trailer
view. The transparent trailer view uses the standard backup camera
and an accessory camera mounted on the trailer to stitch together a
wide-angle view behind the trailer, making the trailer appear
“invisible”. The numerous camera views are seamlessly integrated in
the 8” infotainment screen and provide increased safety while
making towing a less daunting task.
Below is the full list of 2020 Innovation Awards winners:
Innovation Award Category |
Innovation Award Winners |
Design Design innovation represents successful
styling and new product execution. |
Kia Telluride |
Powertrain Powertrain embodies the driving
experience including elements of power, efficiency, and handling
dynamics. |
Ford Escape Hybrid |
Convenience Thoughtful features that go above and
beyond to enhance the mobility experience. |
Mercedes-Benz GLS |
Technology Innovative applications of leading
technologies that enhance the driving experience or safety of the
vehicle. |
General Motors: Chevrolet Silverado HD and GMC Sierra
HD |
About ALGFounded in 1964 and headquartered in
Santa Monica, California, ALG is an industry authority on
automotive residual value projections in both the United States and
Canada. By analyzing nearly 2,500 vehicle trims each year to assess
residual value, ALG provides auto industry and financial services
clients with market industry insights, residual value forecasts,
consulting and vehicle portfolio management and risk services. ALG
is a wholly-owned subsidiary of TrueCar, Inc., a digital automotive
marketplace that provides comprehensive pricing transparency about
what other people paid for their cars. ALG has been publishing
residual values for all cars, trucks and SUVs in the U.S. for over
55 years and in Canada since 1981.
About TrueCarTrueCar, Inc. (NASDAQ: TRUE)
is a digital automotive marketplace that provides comprehensive
pricing transparency about what other people paid for their cars
and enables consumers to engage with TrueCar Certified Dealers who
are committed to providing a superior purchase experience. TrueCar
operates its own branded site and its nationwide network of more
than 16,500 Certified Dealers, and also powers car-buying programs
for some of the largest U.S. membership and service organizations,
including USAA, AARP, American Express, AAA and Sam's Club.
Nearly half of all new car buyers engage with the TrueCar network
during their purchasing process. TrueCar is headquartered in Santa
Monica, California, with an office in Austin, Texas.
For more information, please visit www.truecar.com, and
follow us on Facebook or Twitter. TrueCar media
line: +1-844-469-8442 (US toll-free) |
Email: pr@truecar.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/9d204432-2f80-479f-9c6c-fd346a507dc4
TrueCar & ALG PR Contact
Shadee Malekafzali
424-258-8694
shadee@truecar.com
TrueCar (NASDAQ:TRUE)
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