Home

The Korea Herald

Latest news

Most Popular

  1. 1

    Can Korea break away from apartment fixation?

    Can Korea break away from apartment fixation?
  2. 2

    Assembly clash looms as opposition pushes vote on W4tr budget cut

    Assembly clash looms as opposition pushes vote on W4tr budget cut
  3. 3

    BTS members dominate charts, award shows despite military service

    BTS members dominate charts, award shows despite military service
  4. 4

    [Reporter’s Notebook] Inside Korea’s diplomatic failure at Japan’s memorial ceremony

    [Reporter’s Notebook] Inside Korea’s diplomatic failure at Japan’s memorial ceremony
  5. 5

    Hyundai-Kia may face 19% profit loss from US tariffs: report

    Hyundai-Kia may face 19% profit loss from US tariffs: report
  1. 6

    [Herald Interview] Director of 'Jeongnyeon: The Star is Born' discusses bringing together viewers across ages, genders

    [Herald Interview] Director of 'Jeongnyeon: The Star is Born' discusses bringing together viewers across ages, genders
  2. 7

    (G)I-dle confirms full-unit contract renewal at MMA

    (G)I-dle confirms full-unit contract renewal at MMA
  3. 8

    Russian defense chief leaves North Korea after high-level talks

    Russian defense chief leaves North Korea after high-level talks
  4. 9

    Does cross atop Christmas tree at Seoul Plaza reflect religious bias?

    Does cross atop Christmas tree at Seoul Plaza reflect religious bias?
  5. 10

    Samsung challenges LG in home appliance subscription market

    Samsung challenges LG in home appliance subscription market
피터빈트

Hyundai Genesis wins U.S. Residual Value Award

By Korea Herald

Published : Nov. 18, 2014 - 21:25

    • Link copied

Hyundai Motor’s Genesis sedan won the 2015 Residual Value Award issued by the Automotive Lease Guide for premium fullsize cars sold in the United States, the nation’s largest carmaker said on Tuesday.

The company said the award was a recognition that the Hyundai brand is making a name for itself in the premium segment of one of the world’s largest automobile markets.

The award put the Genesis sedan ahead of its foreign rivals such as the Volvo XC70, Lexus GS, Audi A6 and BMZ 5 series cars.

The ALG rating is important because it takes into account overall quality, commercial value, brand equity and sales strategy that can affect the price of an individual model three years down the road.

The evaluation is used as a key reference point when U.S. consumers buy cars. (Yonhap)

More from Headlines