auto news Archives - Frank Ancona Honda blog

November 29, 2012

Honda Wins ALG’s 2013 Residual Value Award for Best Mainstream Brand Topping all Other Competitors in Long Term Value

Posted by: Jason Heard, Sales Manager at Frank Ancona Honda

The team at Frank Ancona Honda is pleased to tell its Kansas City customers about the prominent awards American Honda Motor Co., Inc. recently received and to carry on the tradition of excellence!

American Honda Motor Co., Inc. received multiple 2013 Residual Value Awards from ALG, including the top honor of Best Mainstream Brand. Additionally, the 2013 Honda Accord, Honda Odyssey and Honda Fit each received individual Residual Value Awards as the highest ranked vehicles in their respective segments. As the leading provider of residual value information to the automotive industry, ALG’s annual Residual Value Awards honor the vehicles in each industry segment that ALG predicts will retain the highest percentage of their original price after a three-year period.

“Long-term value and reliability are both hallmarks of the Honda brand and we are honored to be recognized by ALG as the industry leader in these key qualities,” said Michael Accavitti, vice president of national marketing operations at American Honda. “The Honda engineering philosophy not only delivers immediate value to our customers but will pay off in the long run as well.”

The Honda brand was named the Best Mainstream Brand for 2013, which recognizes the entire Honda lineup for exceptional vehicle quality, strong brand desirability, and long-term reliability. The all-new 2013 Accord ranked the highest in the ultra competitive Midsize Car category. The Honda Odyssey prevailed in the Best Minivan (MPV) category, retaining the top spot for the second consecutive year. The Honda Fit received a Residual Value Award for the fifth consecutive year in the Sub-Compact Car category. Since 2000, the Honda brand has earned 28 model awards and seven overall brand awards from ALG.

“The Honda brand is a constant in ALG’s Residual Value Award history,” said Larry Dominique, President of ALG. “With its smart, value-focused financial strategy, excellent perceived quality, and the all-new Accord, Honda has proven that it provides a compelling, high residual value package for consumers.”

ALG determines the award winners through careful study of the competition in each segment, historical vehicle performance and industry trends. Vehicle quality, production levels relative to demand, as well as pricing strategies are among the key factors that affect ALG’s residual value forecasts.

November 1, 2012

Kansas City Honda Dealer, Frank Ancona Honda, Announces Six Million Dollar Dealership Remodel

By: Jason Heard, Sales Manager at Frank Ancona Honda

Kansas City Honda dealer, Frank Ancona Honda, is pleased to announce a six million dollar remodel of its automotive dealership. The construction process started back in September and is set to have a completion date in the summer of 2013.

Michael Ancona, president of Frank Ancona Honda, is excited about the overall results that this dealership remodel will bring to the Frank Ancona Honda family and customers. “This dealership has been in the family for more than 50 years and it’s time to upgrade to better serve our customers and the Kansas City community. We can’t wait to provide first class enhancements to our dealership that will lead to a new state-of-the-art facility for all Frank Ancona Honda customers,” said Ancona.

The expansion will increase the overall look and feel of the dealership, upgrading the showroom from 31,000 square feet to 50,812 square feet. Additionally, a new service center with an easier drop-off location, improvements to the customer service lounge including WiFi and new amenities will all be added to service customers.

Frank Ancona Honda is located at 1000 North Rogers Road, Olathe, KS 66062. The dealership is celebrating its 50-year anniversary and is a family-owned business that has been in Olathe since 1961. Reach Frank Ancona Honda at (913) 782-3636.