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Honda, Hyundai top car residual value / depreciation awards list

J.D. Power announced its 2022 U.S. ALG Residual Value awards Thursday, with Honda and Hyundai topping the charts at three models apiece in the industry-standard study. The term "residual" is an industry projection of how well a car will hold its resale value three years from the original purchase date – a key metric in calculating lease costs and projecting new-car depreciation.  Award winners included several enthusiast-friendly options, including the BMW 2 Series, Dodge Charger, Subaru WRX, Mercedes-AMG GT and Toyota Tacoma. Even the Ford Bronco was recognized, beating out the Jeep Wrangler in the Off-Road Utility segment. That may seem odd given the car's issue-plagued launch, but scarcity apparently trumps quality control issues over the longer term. Here's a scrolling complete list of winners broken down by segment: “Accurately forecasting residual values in the auto industry is a key factor in assessing an estimated $225 billion lease portfolio of vehicles in the United States,” said ALG VP Eric Lyman in the company's announcement. "The brands and vehicle models that rise to the top demonstrate that they score well across the award programÂ’s criteria, including manufacturersÂ’ superior design and quality." ALG looks at several factors to determine future value, which is especially tricky with new models. For 2022, 16 different brands were recognized across 29 segments. Behind Honda and Hyundai, Audi, Kia, Mercedes-Benz, Land Rover and Subaru all managed to chart with two different models. Here's the rundown of those who won in more than one category: Honda Civic Honda Passport Honda Odyssey Hyundai Accent Hyundai Kona Hyundai Kona EV Audi A6 Allroad Audi Q3 Kia K5 Kia Telluride Land Rover Range Rover Velar Land Rover Discovery Mercedes-AMG GT 4-Door Mercedes-Benz Metris:  Subaru  WRX and  Subaru Forester Toyota Tacoma  Toyota Tundra "The award process consists of evaluating 284 models through analysis of used-vehicle performance, brand outlook and product competitiveness," the announcement said. "Eligibility for a brand award requires a manufacturer to have model entries in at least four different segments. To account for differences across trim levels, model averages are weighted based on percentage share relative to the entire model line."   Audi Honda Hyundai Kia Land Rover Mercedes-Benz Subaru Toyota

Honda recalling 143K Civic, Fit models for CVT

Honda is recalling 143,676 examples of the 2014-2015 Civic and 2015 Fit for a problem with the way that its software controls the CVT. Currently, the system uses high hydraulic pressure in the transmission at times, which can put stress on the drive pulley shaft. Also, some of those parts "may have been produced at the low end of the hardness specification" during manufacturing, the automaker reports. When the two factors are combined over time, the high pressure could cause the shaft to break. If this happens, it would result in losing drive to the front wheels or in them locking up. According to documents submitted to the National Highway Traffic Safety Administration (as a PDF), Honda received the first report of a shaft breaking in July 2014 in the US, and there was a wheel lockup in Canada in January 2015. As of September 3, there were 23 warranty claims about this issue but no reported injuries. The fix will be an update to the CVT's software, and the recall will begin October 16, according to NHTSA. Honda is urging owners to get their vehicles repaired as soon as they receive the notification. Related Video: Statement by American Honda Regarding CVT Drive Pulley Shaft Recall: 2014-2015 Civic and 2015 Honda Fit Oct 1, 2015 - TORRANCE, Calif. Honda will voluntarily recall approximately 143,000 model-year 2014-2015 Civic and 2015 Fit vehicles in the United States to update the software that manages the continuously variable transmission (CVT), free of charge. Affected vehicles have CVT control software that is written to use high hydraulic pressure during certain CVT operation modes, which as a result may subject the drive pulley shaft to high stress. In addition, during manufacturing of the drive pulley shaft, some parts may have been produced at the low end of the hardness specification. If shafts with lower hardness are repeatedly subjected to the specific high hydraulic pressure modes, it may result in the shaft breaking during operation. If the drive pulley shaft breaks, the vehicle may lose acceleration or the front wheels may lock up while driving, increasing the risk of a crash. No crashes or injuries have been reported related to this issue, which was discovered through the warranty claim process in the United States. Honda is announcing this recall to encourage each owner of an affected vehicle to take it to an authorized dealer as soon as they receive notification of this recall from Honda.

2015 Honda Civic Type R revealed [w/video]

Earlier today, we told you how Honda has revealed a trio of new turbocharged VTEC engines, including the one that will be used in the 2015 Civic Type R. That's the winged, Batmobile-esque creature seen here. Ahead of a formal introduction at the Tokyo Motor Show, Honda is flaunting its new Civic Type R with images of the car testing at the Tochigi test track and video of the front-wheel drive hot hatch being put through its paces on the Nürburgring.
While the US is getting revamped Civic sedans and coupes, European customers will soon be able to opt for the 2015 Type R with its new Earth Dreams 2.0-liter turbo engine producing more than 276 horsepower. Honda has also made sure to give the car a styling that matches its powerful engine with a more aggressive front end, massive fender flares and a liftgate wing with unusual airplane-like canards. Honda is still withholding the Type R's official specs until the unveiling, but we can tell that the bigger wheels make room for beefier brakes.
The Civic Type R won't launch until 2015, but Honda has released the video posted below showing WTCC driver Gabriele Tarquini working the car around the 'Nürburgring, along with a brief press release. Check 'em both out and be sure to let us know what you think of this matte-black hot hatch in Comments.