Nissan, Toyota, and GM tops in fleet value awards

2014 Vincentric Best Fleet Value in Canada Awards announced

July 7, 2014
by Fleet Management Staff

BINGHAM FARMS, Michigan—Nissan and Toyota shared top spot in the third annual Vincentric Best Fleet Value in Canada awards with eight winners each. General Motors was close behind, with seven award-winning fleet vehicles. Other manufacturers with multiple winners included Chrysler, Mercedes-Benz, and Ford, each earning four best fleet value awards, while Mitsubishi delivered two award winning vehicles.

Nissan’s success was led by its crossover class and a strong performance by the NV product line in the van class, with three Nissan award winners in each segment. Toyota earned its awards with a well-balanced line-up in the passenger vehicle and crossover classes, including multiple hybrid winners. The General Motors achievements were led by Buick and Cadillac with a combined total of five awards, while Dodge and Ram brands earned two awards each for Chrysler, with the Ram 2500 and 3500 pickups sweeping the heavy-duty pickup segments. The Mercedes-Benz Sprinter performed strongly for the third year in a row, winning three of the heavy duty van segments, while Ford earned awards in key fleet segments with the F-150 pickup and E-150 passenger van topping their winners list.

“With a three-year history of fleet awards in Canada, we are noticing some trends,” stated David Wurster, President of Vincentric. “The Mercedes-Benz Sprinter and the Toyota hybrids have had strong performances all three years, with GM and Ford also consistently delivering numerous award winners. The Nissan line-up and Ram trucks also had a strong presence in the awards this year, which will give fleet operators a wide range of choices when using total cost of ownership to help guide their vehicle selections,” he added.

To determine the 2014 Vincentric Best Fleet Value in Canada awards, Vincentric analyzed over 1,900 vehicle configurations in 24 different lifecycle cost scenarios, using eight cost factors including depreciation, fees and taxes, financing, fuel, insurance, maintenance, opportunity cost, and repairs. The lifecycle costs were measured in all ten provinces, with the resulting 3,640,000+ lifecycle cost measurements then reviewed to determine the winning vehicles.

Others on the winners list included Mazda (Mazda3), Subaru (Impreza wagon), Audi (A8), BMW (3-series diesel wagon).  The complete list of winners, along with an explanation of why they were selected can be found here.