Land Rover Wins Auto Lease Guide's Residual Value Award

Land Rover's Range Rover Sport Wins

Automotive Lease Guide's Residual Value Award

Edited by JOSEPH V. KUCA

OCEAN, NJ, November 29, 2010 - Land Rover North America announced that Land Rover's Range Rover Sport won Automotive Lease Guide's (ALG) Residual Value Award in the Best Luxury Utility Vehicle category for the sixth consecutive year. The ALG Residual Value Awards recognize the vehicle in each industry segment that is predicted to retain the highest percentage of original price after a conventional three-year period. Awards are made in 19 vehicle categories and also for the two brands with the highest overall predicted residual values among all mainstream and all luxury vehicles. This year's awards are based on 2011 model year vehicles.

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 are among the key factors that affect ALG's residual value forecasts.

"We are delighted at receiving this recognition for the 5th year in a row. Especially when residual values continue to play such a crucial role for automotive manufacturers," said Chris Marchand, Executive Vice President of Marketing and Sales, Land Rover North America. "Land Rover's aim is to maintain its high standard of value not only with the Range Rover Sport, but across the entire model line."

"The Range Rover Sport offers a lower, more aggressive stance and more on-road focus than its bigger namesake," said Raj Sundaram, SVP, ALG. "These attributes make it an attractive entry point for the Range Rover lineup and a winner in this category for the sixth year in a row."