FOR IMMEDIATE RELEASE:
Vincentric 2012 Best Fleet Value in Canada Awards Announced
BINGHAM FARMS, Michigan – July 10th, 2012 – The first annual Vincentric Best Fleet Value in Canada™ awards were announced today, with Ford Motor Company of Canada leading the pack with seven award winning vehicles. Other brands with a cost efficient fleet line-up included Chrysler, General Motors, Mercedes-Benz, and Toyota, with each of these manufacturers winning five awards. Other brands earning the Vincentric honor included Audi, Hyundai, Mazda, Nissan, Subaru, and Volvo.
The strong Ford performance was evident in key fleet segments with the Taurus, F-150 pickup, and E-150 passenger van topping the Ford winners’ list, while the Toyota Camry took top honors in the popular mid-size sedan segment. Winners in other major fleet segments included the Dodge Grand Caravan and the Mercedes-Benz Sprinter, which took home three awards, while in the emerging plug-in/electric segment the Chevrolet Volt led the way. Volvo also performed well in the premium segments with three award winning vehicles.
"With the continued globalization of the automotive industry, we felt it was essential to analyze total cost of ownership of fleet vehicles in Canada", stated David Wurster, President of Vincentric. "We are excited to help Canadian fleet organizations better understand and evaluate Canada specific lifecycle costs to help make informed vehicle selections," he added.
To determine the 2012 Vincentric Best Fleet Value in Canada awards, Vincentric analyzed over 1,700 vehicle configurations in 24 different lifecycle cost scenarios, using eight cost factors including depreciation, fees and taxes, financing, fuel, insurance, maintenance, opportunity cost, and repairs. The lifecycle costs were measured in all ten provinces, with the resulting 3,000,000+ lifecycle cost measurements then reviewed to determine the winning vehicles.
Further information regarding all of the winners of the Vincentric Best Fleet Value in Canada awards for the 2012 model year and the Vincentric methodology is available at www.vincentric.com.
Vincentric provides data, knowledge, and insight to the automotive industry by identifying and applying the many aspects of automotive value. Vincentric data is used by organizations such as Yahoo! Autos, AOL, Cars.com, Chevrolet, Toyota, BMW, Mercedes-Benz, Kiplinger.com, Business Fleet Magazine, Volvo, NADA Guides, The AutoChannel.com, and Fleet-Central.com as a means of providing automotive insight to their clientele. Vincentric, LLC is a privately held automotive data compilation and analysis firm headquartered in Bingham Farms, Michigan.
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©2012 Vincentric, LLC, All Rights Reserved.
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