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Toyota again wins more Canadian Black Book Retained Value Awards and ALG Residual Value Awards than any other auto manufacturer

Benjamin Yong on December 13, 2018

 

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Toyota again wins more Canadian Black Book Retained Value Awards and ALG Residual Value Awards than any other auto manufacturer

 



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  • CBB awards presented to Cyril Dimitris, VP of Sales and Marketing, Toyota Canada Inc. by Brad Rome, CBB
  • Nine CBB Retained Value Awards – more than any other auto manufacturer for eighth straight year
  • Six ALG Residual Value Awards – more than any other auto manufacturer for third straight year

 

TORONTO, ONTARIO, February 15, 2017 – Toyota Canada Inc. (TCI) has received 15 more residual / retained value awards from two prominent organizations.

For the eighth consecutive year, TCI has been recognized with more Canadian Black Book (CBB) Awards than any other auto manufacturer.

The 2017 total of nine awards includes the newly introduced award for Top Overall Brand in the truck & SUV category. Since 2010, Toyota has claimed 49 CBB awards, while the closest competitor has only won 12.
In addition, ALG has announced that, for 2017, Toyota vehicles have won six Residual Value Awards, more than any other auto manufacturer for the third straight year.

“At the heart of the great product we deliver to Canadians is our commitment to adding value to the overall ownership experience,” said Larry Hutchinson, President and CEO of TCI. “These awards are deeply meaningful because they speak to the long-term benefits our customers enjoy across our broad line-up of vehicles, including exceptional quality, great fuel economy and lower cost of ownership.”

The following Toyota vehicles – spanning a variety of vehicle sizes and styles – were CBB and ALG winners this year:

  • Toyota – Top Overall Brand, trucks and SUVs (CBB)
  • Toyota Tundra – full-size pick-up: CBB and ALG (eighth consecutive year for each award)
  • Toyota Tacoma – CBB small pick-up (eighth consecutive year) and ALG mid-size pick-up (seventh consecutive year)
  • Toyota Sequoia – full-size SUV: CBB (eighth consecutive year) and ALG (fifth consecutive year)
  • Toyota FJ Cruiser – mid-size SUV: CBB (seventh consecutive year)
  • Toyota 4Runner – off-road utility: ALG (third consecutive year)
  • Toyota Highlander – mid-size utility, third-row seating: ALG
  • Toyota Camry – mid-size car: CBB (second consecutive year)
  • Toyota Prius v – alternative fuel: ALG (second consecutive year)
  • Toyota Prius c – sub-compact car: CBB
  • Toyota Avalon – full-size car: CBB
  • Toyota Sienna – minivan: CBB (co-winner)

For this year’s CBB awards, 2013 model year cars and trucks were analyzed to determine which vehicles retained the highest percentage of their original MSRP after four years.

For ALG’s residual value awards, recognition was given to vehicles from the 2017 model year that are forecast to retain the highest percentage of MSRP over the next three years.

About Toyota Canada Inc.

Toyota Canada Inc. (TCI) is the exclusive Canadian distributor of Toyota, Lexus and Scion vehicles. Toyota has sold over 5 million vehicles in Canada through a national network of 287 Toyota, Lexus and Scion dealerships. Toyota is dedicated to bringing safety, quality, dependability and reliability in the vehicles Canadians drive and the service they receive. TCI’s head office is located in Toronto, with regional offices in Vancouver, Calgary, Montreal and Halifax and parts distribution centres in Toronto and Vancouver. Toyota operates two manufacturing facilities in Canada. Having produced more than six million vehicles, popular Canadian models built at these facilities include Toyota RAV4, Toyota Corolla, Lexus RX 350 and RX 450h hybrid.

Want to learn more? Visit one of our 4 Toyota locations located in: Richmond, Port Moody, Abbotsford, and Peace Arch, and speak to product advisor today!

OpenRoad Auto Group unveils PORTFOLIO, Canada’s first all-inclusive, multi-brand luxury car subscription service

OpenRoad Auto Group on November 22, 2018

Portfolio by OpenRoad

NOVEMBER 22, 2018 (Vancouver, B.C.) – Christian Chia, CEO of OpenRoad Auto Group, B.C.’s largest automotive retail group, unveiled the new dawn of driving today with the launch of PORTFOLIO by OpenRoad, Canada’s first all-inclusive, multi-brand luxury car subscription service offering consumers the freedom to experience luxury on their own terms.

As of today, Metro Vancouver car enthusiasts can sign up for the application-based subscription program and drive up to four new luxury cars per month from brands like Porsche, Land Rover, Jaguar, Lexus, Mercedes-Benz, BMW, Genesis, Infiniti and Audi for one flat monthly fee. The service makes it easier than ever to get behind the wheel of your dream car. Each PORTFOLIO subscription includes comprehensive vehicle insurance, maintenance, pick-up and delivery through a 24-hour concierge service.

With the launch of PORTFOLIO, Canadians will finally have a luxury car subscription that offers variety and a flexible premium driving experience that suits their changing needs and desires on a monthly basis – all with a simple swipe on their smartphone.

“These days consumers are seeking more variety in their driving experience beyond the traditional car ownership model,” said Christian Chia, CEO of OpenRoad Auto Group. “We’re excited to be able to offer a new option that will be attractive to a growing consumer segment – one that delivers more convenience, a lower level of commitment, and flexible access to more dream cars, more often.”

Unlike other Canadian car subscription services, PORTFOLIO is the only all-inclusive, multi-brand car subscription to offer a line up of 25 new model cars, representing over nine different luxury brands . In addition, PORTFOLIO is the only Canadian monthly car subscription to allow more than one flip every 30 days, accommodating up to four car changes per month. Subscribers can choose from three exclusive packages – $2,499 per month for six months, $2,999 for three months or $3,499 for a month-to-month subscription. There is also a one-time initiation fee of $750. Drivers must be a minimum of 21 years old and have a clean driving record. The first cars will be delivered as of January 1, 2019.

Reports show that today’s culture of instant gratification and impulse purchases are driving the car subscription service model with many examples of successful programs in the United States and select manufacturer-driven programs in Canada. OpenRoad believes PORTFOLIO will be appealing to luxury car enthusiasts, affluent professionals and business executives, particularly those with client-facing professions.

OpenRoad partnered with Clutch Technologies, a leading software platform provider with a proven track record for helping many U.S. based companies deploy successful car subscription programs.

Given the success of the program, the company has plans to expand the service from high end luxury to a mid-level line up of cars by next year.

With the launch of PORTFOLIO, OpenRoad Auto Group proves, once again, that it is a leading Canadian innovator. As B.C.’s largest automotive retail company and a multi-award winning, progressive organization led by CEO, Christian Chia, B.C.’s 2018 EY Entrepreneur of the Year, OpenRoad has a track record for innovation and is proud to be leading the pack in this new category within the Canadian automotive industry.

For more information about PORTFOLIO, visit PortfoliobyOpenRoad.com or download the application for iPhone and Android. High resolution, interviews, demonstrations and test drives are available upon request.

ABOUT OPENROAD AUTO GROUP

OpenRoad Auto Group is B.C.’s largest automotive dealership group with over 1,300 associates representing 19 quality automotive brands at 26 full-service retail locations, including 23 dealerships and 3 collision centres. dealerships, OpenRoad Auto Group offers car buyers and owners an experiential automotive retail service. With sales and service in multiple languages, OpenRoad Auto Group encourages a car buying experience based on openness, participation and expertise. OpenRoad is proud to be one of Canada’s Best Managed Companies, a CADA Laureate, and the recipient of multiple Canadian Best Employer Awards. Visit OpenRoad Auto Group online at openroadautogroup.com.

MEDIA CONTACT:
Tanis Sullivan
Tanis Sullivan Communications
604-230-8008
tanis@tanissullivan.com

Winter defensive driving tactics and tips you should be observing

Benjamin Yong on November 21, 2018

Winter is coming.

 

 

With temperatures getting awfully close to the freezing mark after dusk, icy and snowy conditions may not be far off. As such, drivers need to be extra vigilant when out and about during inclement weather. Here are some defensive driving tactics and tips that can help get you safely through the coming cold months. 

Correcting a slide

A vehicle suddenly sliding, seemingly of its own accord, can be scary. If this happens, don’t suddenly hit the brakes, as the change in momentum is often what triggers a slide and can make it worse. Let off the accelerator and nudge the steering wheel in the same direction the back end is sliding, and as you begin to straighten out, bring the wheel back to a neutral position.

Deactivate cruise control

Cruise control is handy on long highway trips, letting you relax your foot and avoid costly speeding tickets. However, if the tires start to spin or hydroplane, the feature could cause the car to continue speeding up resulting in a skid. Leave cruise off when things turn nasty outside.

Top up the gas tank

There are a few pros to keeping the fuel level above 50 per cent. The extra weight can make it easier to gain traction, and a full tank prevents condensation from forming that can freeze and cause issues with the fuel line system. And having more gas than less is always a benefit in the event you become stranded somewhere.

Stay off the beaten path

While driving in the white stuff, try to stay outside the lines. Previous tire tracks often become packed down ice — moving slightly beside them can provide a little extra needed grip.

Get a good night’s sleep

Automotive travel especially in winter requires motorists to be alert and possess quick reflexes, since slippery road surfaces can be unpredictable. If possible, don’t get behind the wheel when you’re tired to reduce the risk of being involved in an incident.