(Audi)
Audi picks up two awards for all-new A7
The Audi A7 has racked up two 2012 awards, being named Automobile Magazine Automobile of the Year and Motor Press Guild Vehicle of the Year. The all-new luxury hatchback was lauded by both groups for its innovative style and elegant looks, as well as its technology and power. Both awards were given during the Los Angeles Auto Show, which wraps today. This is the first year that the Motor Press Guild, the largest automotive media association in North America, has given a car of the year award.
--NWautos staff
(The Associated Press)
KBB: Toyota, Lexus are tops for resale
The Toyota and Lexus brands for the 2012 model year are projected to retain the highest values over the next five years, according to Kelley Blue Book, a website dedicated to new and used car information. Toyota's two brands were named winners of the KBB annual Best Resale Value Awards given at a ceremony before the on-going Los Angeles Auto Show. KBB gathers data based on auction transactions to create its forecast. Toyota's 2012 models are expected to retain 40.5 percent of their value after five years of ownership; Lexus models will hold 37.9 percent.
--New York Times News Service
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