Mitsubishi Mirage awarded 2020 ALG Pre-Owned Value Award
CYPRESS, Calif. – Mitsubishi Motors North America, Inc. (MMNA) the fastest-growing Asian brand in the U.S. for the second consecutive year*, today announced the Mitsubishi Mirage received an ALG Pre-Owned Value Award (POVA) in the Subcompact segment. The 2020 POVAs are awarded to vehicles with the lowest forecasted depreciation from two years of age to five years of age, during the period 2019-2022.
ALG, the benchmark for forecasting future vehicle values and the analytics subsidiary of TrueCar, Inc. (NASDAQ: TRUE), recognizes two- to five-year old vehicles in 27 segments that are forecast to depreciate the least over the subsequent 36 months in the used market. Vehicle segmentation Is based on ALG's proprietary automotive segmentation, which takes into account information such as vehicle size, transaction price, and cross-shop information.
The Mitsubishi Mirage holds the title of the most fuel efficient, gasoline-powered vehicle in America**. With an affordable starting price point of $13,795, the fuel-efficient Mirage has a highway fuel economy of 43 mpg, when equipped with the optional continuously variable transmission (CVT), and is supported by Mitsubishi's phenomenal warranties: fully transferable 5-year/60,000-mile new vehicle limited warranty; 10-year/100,000-mile powertrain limited warranty; 7-year/100,000-mile anti-corrosion perforation limited warranty and a 5-year/unlimited mile roadside assistance.
For more information on the Mitsubishi Mirage and Mitsubishi Motors, please visit media.mitsubishicars.com.
* Based on Motor Intelligence CY2017 and CY2018 Sales by Manufacturer data. Excludes premium brands
** Based on EPA estimated mileage rating from www.fueleconomy.gov.
About Mitsubishi Motors North America, Inc.
Through a network of more than 360 dealer partners across the United States, Mitsubishi Motors North America, Inc. (MMNA), is responsible for the sales, research and development, marketing and customer service of Mitsubishi Motors vehicles in the U.S. 2018 marked the brand's sixth consecutive year of sales growth.
Currently located in Cypress, California – and soon to be relocating to Franklin, Tennessee – MMNA is a part of the Renault-Nissan-Mitsubishi Alliance. Mitsubishi continues to lead the way in the development of highly efficient, affordably priced new gasoline-powered automobiles, while using its industry-leading knowledge in battery-electric vehicles to develop future EV and PHEV models.
For more information on Mitsubishi vehicles, please contact the Mitsubishi Motors News Bureau at (888) 560-6672 or visit media.mitsubishicars.com.
# # #