Auto
Experts
Predict
U.S.
Automakers
Closing
the Gap
with
Overseas
Competitors
March
2008 (Medialink)
- Over
the last
two
decades,
foreign
automakers
have
developed
a
reputation
for
producing
better
cars
than
their
North
American
competitors
- often
outranking
them in
overall
value.
But, the
perceived
notion
that a
foreign
brand
equals
higher
quality
may be
about to
change.
With
recent
signs of
significant
improvements,
U.S.
automakers
seem to
be on
the road
to a
comeback.
Using
multiple
criteria
- such
as
depreciation/retained
value,
maintenance
and
repair
costs
and fuel
costs -
IntelliChoice.com,
a
leading
automotive
forecaster,
decides
its
annual
"Best
Overall
Value of
the
Year"
awards.
2008
marks
the
second
consecutive
year
that
Toyota
and GM
have
vied for
the
highest
total
number
awards,
further
proving
that top
American
manufacturers
have
made
strides
in
recent
years in
delivering
desirable,
durable,
high-value
vehicles.
The BOVY
Awards
are an
important
guide at
a time
when
consumers
are
tightening
their
belts,
giving
them a
quick
reference
to
finding
vehicles
that
promise
the best
return
on
investment.
Now in
its 22nd
year,
the
awards
recognize
vehicles
whose
cost of
ownership
is
significantly
lower
than
expected
-
compared
to
competitive
models
in the
same
class. A
listing
of this
year's
winners
and
additional
information
on the
awards
can be
found
online
at
www.IntelliChoice.com.
