New Dodge Charger Earns 2015 ALG Residual Value Award

November 17, 2014 , Auburn Hills, Mich. – The new 2015 Dodge Charger has received the Residual Value Award in the “Fullsize Car” category from ALG, the industry benchmark for residual values and depreciation data.

The annual ALG Residual Value Awards recognize vehicles that are predicted to retain the highest percentage of their original price after a conventional three-year period. This is the Charger’s first Residual Value Award in the Fullsize Car category.

“We’ve seen some amazing used market retention from the Charger over the years, and buyers clearly love its unique execution,” said Larry Dominique, President of ALG. “With the improvements Dodge has baked in for 2015, it should continue to lead the Fullsize segment going forward.”

ALG recognizes 26 vehicles with segment awards. Award winners are determined through careful study of the competition in each segment, historical vehicle performance and industry trends. Vehicle quality, production levels relative to demand and pricing and marketing strategies represent key factors that impact ALG’s residual value forecasts.

“The new 2015 Dodge Charger is unique in its segment, delivering unrivaled rear-wheel-drive performance and attitude,” said Tim Kuniskis, President and CEO – Dodge and SRT Brands, Chrysler Group LLC. “This award from ALG is a testament to how well the Charger holds it value, as well as to all the updates we’ve made for 2015, including a new exterior, a standard new state-of-the-art eight-speed automatic transmission and several new models, including the all-new 707 horsepower Dodge Charger SRT Hellcat.”

New 2015 Dodge Chargers are starting to arrive in dealerships this month. Production of the 2015 Dodge Charger Hellcat will start in the first quarter of 2015.

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